In this episode of the Cabbage Coins podcast, host Tony Gryckiewicz interviews David Tine, owner of Eagle Coin and Precious Metals in Eagle Idaho (outside of Boise). David shares his journey from a side hustle to a full-time coin business, discussing the challenges and successes he has faced along the way. He emphasizes the importance of having adequate capital, security measures, and customer service skills in running a coin shop. The conversation also touches on the role of social media in sales, unique finds in the coin industry, and advice for aspiring coin shop owners. David's passion for coins and commitment to providing a quality experience for customers shines through as he prepares for the grand opening of his new shop.

Takeaways

David Tine transitioned from a side hustle to a full-time coin business.
Eagle Coin is expanding to a larger storefront.
Starting a coin shop requires significant capital and security measures.
Social media has shifted from direct sales to a marketing tool.
Unique finds in the coin shop can be exciting and rare.
Customer service skills are crucial in the coin business.
The coin market is capital intensive, especially for bullion.
David emphasizes creating a shop that he would want to visit.
Networking and building a reputation are key to success.
David's new shop opens on March 2nd, showcasing rare coins. 

Chapters

00:00 Introduction to Cabbage Coins Podcast
01:15 David Tine's Journey in the Coin Business
07:33 The Growth of Eagle Coin and Precious Metals
13:29 Starting a Coin Shop: Challenges and Insights
21:12 Memorable Coins and Customer Interactions
24:07 Exploring Unique Coin Deals
26:14 Historical Significance of Idaho Bank Notes
26:57 Rare Coin Discoveries from Old Collections
29:10 The Excitement of Coin Collecting
30:46 The Value of Seated Coins
33:50 The Joy of Finding Original Proof Sets
37:05 Advice for Aspiring Coin Shop Owners
41:54 Reflections on Starting a Coin Business
43:55 Grand Opening of a New Coin Shop

Where to find Tony and Cabbage Coins:
https://cabbagecoins.com/
Email: tony@cabbagecoins.com
IG: @cabbage_coins

Where to find David and Eagle Coin and Precious Metals:
http://idahorarecoin.com/
Email: eaglecoinandpm@outlook.com
IG: @blackeaglecoins

Intro Music - "Obverse Fields" by Timothy Gryckiewicz