Using Trade At Card Shows

[Rich Klein]

Let's look at the NSCC.

I had a brief chat with one of my dealer friends at the recent NSCC who broke down for me his costs.

Booth
Hotel
Food
Renting Showcases
Travel
MISC

And he's not cheap but for him setting up at the NSCC was approximately 3K and frankly he's doing it at a reasonable cost.

If you are spending 3K for a week any trade better darned well be in your favor before you as a dealer does that trade

Now, if it's a small local show where the tables cost $40-50 then trading becomes financially easier for a vendor.

That's why you always must look at trading from the dealer financial viewpoint not just from what we as collectors wish to do

Rich

[ullmandds]

Originally Posted by Rich Klein

Let's look at the NSCC.

I had a brief chat with one of my dealer friends at the recent NSCC who broke down for me his costs.

Booth
Hotel
Food
Renting Showcases
Travel
MISC

And he's not cheap but for him setting up at the NSCC was approximately 3K and frankly he's doing it at a reasonable cost.

If you are spending 3K for a week any trade better darned well be in your favor before you as a dealer does that trade

Now, if it's a small local show where the tables cost $40-50 then trading becomes financially easier for a vendor.

That's why you always must look at trading from the dealer financial viewpoint not just from what we as collectors wish to do

Rich

now im no tax expert...dammit Jim...I'm just a dentist! But...arent these expenses tax deductible?

[Rich Klein]

Even if they are, you just spent 3K and won't get that money back for 6-10 months. It's still an out of pocket expense. And that's what dealers think about.

Rich

[parkplace33]

Originally Posted by Rich Klein

Even if they are, you just spent 3K and won't get that money back for 6-10 months. It's still an out of pocket expense. And that's what dealers think about.

Rich

Great point. Collectors who trade rarely think about the additional costs. And time spent.