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Trying my first flip Thursday!!!

PostPosted: Wed Jan 14, 2015 9:17 pm
by Sullysullinburg
Got an 1878 7TF from a friend for $25. Gonna try to flip it and my coin club auction Thursday. Think I can make some money?

Re: Trying my first flip Thursday!!!

PostPosted: Wed Jan 14, 2015 11:43 pm
by plus1hdcp
Good luck to you and I look forward to you reporting back with how it went. Again, good luck.

Re: Trying my first flip Thursday!!!

PostPosted: Thu Jan 15, 2015 9:47 pm
by Sullysullinburg
Just got home. Sold for a grand total of $27. Giving me a net of $2.

Re: Trying my first flip Thursday!!!

PostPosted: Thu Jan 15, 2015 10:46 pm
by Rodebaugh
Sullysullinburg wrote:Just got home. Sold for a grand total of $27. Giving me a net of $2.


Thats better than selling for $23. You have to start somewhere. I call it a win. Nice work. :thumbup:

Re: Trying my first flip Thursday!!!

PostPosted: Thu Jan 15, 2015 11:37 pm
by aloneibreak
Rodebaugh wrote:
Sullysullinburg wrote:Just got home. Sold for a grand total of $27. Giving me a net of $2.


Thats better than selling for $23. You have to start somewhere. I call it a win. Nice work. :thumbup:


exactly right

think in percentages - not just dollars

Re: Trying my first flip Thursday!!!

PostPosted: Fri Jan 16, 2015 12:07 am
by AdamsSamoa
yep... cant get that at a bank...

Re: Trying my first flip Thursday!!!

PostPosted: Fri Jan 16, 2015 12:12 am
by Recyclersteve
That's a very good start in my opinion.

Re: Trying my first flip Thursday!!!

PostPosted: Fri Jan 16, 2015 8:51 am
by Thogey
I've been coin'in and deal'n for a while and still take losses.

Savor the wins. When you first posted and saw your dollar, I though you were going to get hurt.

Not that it's a bad coin but that you paid just right.

Good job! :thumbup:

Re: Trying my first flip Thursday!!!

PostPosted: Fri Jan 16, 2015 11:40 am
by TheJonasCollegeFund
:thumbup:

Re: Trying my first flip Thursday!!!

PostPosted: Fri Jan 16, 2015 11:42 am
by TheJonasCollegeFund
No shipping costs? No ebay fees? No paypal fees? Cash?

You did great!

Fees will eat you up. I wish I was in a coin club with monthly auctions!