Home > Business Ideas > Recreation > Coins and Stamps

Business Idea Center:
Coins and Stamps

Business At A Glance

Coins and Stamps
Startup Costs: $10,000 - $50,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Franchises Available? No
Online Operation? Yes

Feed your collecting soul with a store that buys, sells and trades collectible coins and stamps.

Business Overview

Opening a retail store that buys, sells and trades collectable coins and stamps is a good business venture for the hobbyist coin and stamp collector to get going. The store doesn't need a great amount of square footage, as the inventory is compact. As a method to reduce startup and operating costs, consider a joint venture with another retailer. Good matches for this type of shared retail space include pawnshops, comic book retailers, and memorabilia stores. As is the case with any retail venture, the goal is to buy low and sell high; thus, you must possess strong negotiation skills and have experience identifying the condition and value of coins and stamps.

The Market

Coin and stamp collectors

Looking For More?

Entrepreneur's SmallBizBooks.com
Get complete step-by-step guides to starting over 50 businesses at Entrepreneur's SmallBizBooks.com.

Browse Business Ideas by:



Marketplace

Learn how to distribute a press release

Try our new online printing. theupsstore.com/print
Business Idea Search
Business Idea Finder
Search Business Ideas by:
 

Select Category:
 Required
Select Startup Cost Range:
About costs

Start Your Business Now!

Entrepreneur's SmallBizBooks.com
Find over 50 business how-to guides at Entrepreneur's SmallBizBooks.com.

Your Guide to Success