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Slabbed (collectible) Coins for profit?
How hard is it to flip (short term) collectible coins for short profit that are also slabbed and mint or gem
1 Answer
- Anonymous8 years agoFavorite Answer
The simple answer is VERY HARD. What is the source of coins to sell? Where are you going to sell them? The coin market is very complex and volatile. Prices are changing constantly. The gold and silver market just adds to the complexity of the coin market. There are many pitfalls that could financially wipe out all your profits. It would also take a substantial amount of money to get started.
If selling coins for profit was easy to do, everyone would be doing it.
Source(s): Past experience