Becoming a Coin Dealer
Everything you need to know about turning your passion for coins into a business — from legal requirements and inventory to coin show setups and growing your reputation.
8 parts · Free to read
Is Coin Dealing Right for You? The Reality of the Business
An honest look at the coin dealing business — income potential, lifestyle realities, required skills, and whether it's the right path for you.
Legal Requirements: Licenses, Sales Tax & Reporting
Navigate the legal landscape — business licenses by state, sales tax collection, IRS reporting requirements (1099-B, 8300), and precious metals laws.
Building Your Initial Inventory on a Budget
Smart strategies for building your first inventory — what to stock, where to source, how much capital you need, and managing cash flow.
Setting Up at Coin Shows: Tables, Displays & First Impressions
Your guide to the show circuit — applying for tables, display cases, signage, lighting, security, and creating a professional booth presence.
Pricing, Margins & Negotiation for Dealers
The business of buying and selling — setting competitive prices, managing margins, negotiation psychology, and when to walk away from a deal.
Building an Online Presence: Website, eBay & Social Media
Establishing your digital storefront — building a dealer website, eBay store optimization, social media marketing, and online reputation management.
Joining the PNG, ANA Dealer Network & Professional Organizations
The professional organizations that matter — PNG membership, ANA dealer programs, state dealer associations, and how memberships build credibility.
Growing Your Dealer Business: From Part-Time to Full-Time
Scaling your operation — expanding from shows to a shop, hiring help, specializing in niches, building wholesale relationships, and long-term planning.
Ready to Find Your Next Show?
Browse hundreds of upcoming coin shows across every state, with dates, venues, and contact details.