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#28
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Michael, I didn't bring up the cost of inventory but I did think about it. As you said, most of my sales are of items I bought 30-40 years ago. I tend to try and make a new display every year and hopefully attract interest from other sellers.
But here's a funny story: I had a friend named Stanley Salomon who did every one of my monthly shows in Bayside, NY. He also set up at the Gloria Rothstein shows and would take 3 tables for like $1,000. Then when he did $1,200 to $1,500 he would be like a pig in you know what. I would say Stanley, only rent one table and you cut your costs and you make a decent profit, but he would always say that he couldn't get everything out. BTW, I still spend a huge amount every year on sports and non-sports, which this year was more than ever before, but sales to long-time customers have made those investments worthwhile. My latest acquisitions will see the light of day for the first time after sitting for 50-80 years in a box in a basement. Thanks for your good luck wishes. Steve DynamicTwo@aol.com |
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