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A Career in Numismatics

I started a business from scratch. I wish I had taken business courses in college. Took much longer than I thought it would be to be a success.
I was providing a professional service so I had no inventory to manage and in 1990 it took about 25 k to set up and make it through the first two years. It was lean times, but it became successful. Point being, you will have to get an inventory, infrastructure, security and lots of business insurance. It's gonna take 100k and that is a conservative guess on how much it's gonna cost to do a lcs. 

2 months ago

You might think about starting with coin shows and work up to a lcs, while not quitting the day job.

2 months ago

Thank you for that detailed reply, Bama!  So if I am hearing you correctly, that would look like a college degree in business, a day job at a lcs, and working at coin shows until I have a 100k saved up (as well as money put aside for necessities) and then I can look into opening a LCS of my own?

2 months ago

That seems like a pretty good plan. I couldn't say that you should get  whole degree in business administration, maybe a minor or associates degree would be fine. Maybe major in or history and mix in some business, all things to consider

2 months ago

Plus think of the time working for someone else as a paid internship. Book learning is one thing but the successful application of that learning is the goal. All my degrees had internships so you actually got to do it and see it done successfully

2 months ago

I agree with you fully, @Bama.  Thank you so much!  And I just read your question.... Idk how I missed it haha!!  So, I haven't taken the final yet, my last test is with Sam at the moment.  But I am preparing by re-reading all of the course materials and taking extensive notes.

2 months ago

Make your way around the circuit, travel to coin shops regularly, set up at local coin shows, make a name for yourself. I've been setting up at smaller coin shows for the last few months and it has gone pretty well. I've gotten several job offerings and I enjoy working with ENN coins. Hone your skills, grading will be probably the #1 thing, and you definitely to work on that *cough*

2 months ago

XD Youre correct there! 

2 months ago
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