Cryptocurrency Q&A
How profitable is coin hunting?
How profitable is coin hunting?
Giulia
Tue Oct 29 2024
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7 answers
1551
Coin hunting, or searching for rare coins, can be a fascinating and potentially lucrative hobby. But its profitability depends on various factors like coin condition, rarity, historical value, and market demand. Enthusiasts who know how to evaluate coins accurately and trade them effectively can reap profits. However, it requires expertise, patience, and sometimes, significant investments.
7 answers
Starlight
Wed Oct 30 2024
An anonymous hunter, who spoke to CNBC's Make It, revealed that they earn an average of $15,000 a year from half dollar searches.
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SolitudeSeeker
Wed Oct 30 2024
Despite the potential for long stretches of little success, the hunter's dedication has paid off, with a significant annual income from their hobby.
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Federica
Wed Oct 30 2024
For those considering taking up the hobby, the hunter's advice is to stay patient and persistent, as the rewards can be worth the effort.
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BusanBeautyBloom
Wed Oct 30 2024
This individual emphasized the importance of patience for those looking to succeed in the hobby.
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Raffaele
Wed Oct 30 2024
They advised that hunters should expect to encounter long streaks where they find little to nothing in terms of valuable silver coins.
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