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634 points david927 | 2 comments | | HN request time: 0.478s | source

What are you working on? Any new ideas that you're thinking about?
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nlh ◴[] No.41342681[source]
I’m a tech nerd rare coin & currency dealer! I took my two hobbies and combined them into a real business and I’m having the time of my life. Just launched a proper retail site here:

https://www.rarity7.com/

About 50% of my days are spend doing the coin dealer stuff - hunting for inventory, buying collections/doing appraisals, going to coin shows and buying and selling in person, etc.

The other 50% I’m writing code and building out the tech stack for this business. I’ve written the whole backend for the retail site myself, which includes my own inventory management system, sync with eBay and other marketplaces, etc.

I’ve also built out a research tool which includes an ML price prediction engine engine (which sounds fancy but is really just a tabular regression model).

Backend is written in Crystal because I love the language and there’s nobody stopping me from using it :) Frontend is all Svelte and they’re glued together using a mini framework I wrote:

https://github.com/noahlh/celestite

I probably have 5 years worth of ideas I still want to build and I wish I could spend even more time building it all, but it’s super fun actually using it in the real live marketplace so I’d never give that up.

Happy to chat about this stuff with anyone who’s interested or vaguely interested in numismatics.

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1. theogravity ◴[] No.41343269[source]
That's neat and congrats! How long does it take to be part of the authorized dealers listed on the site?
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2. nlh ◴[] No.41344679[source]
I did it all in about 2-3 years. I was a big collector as a kid but didn't get back into it in a serious way until 2021. Becoming an authorized dealer is basically, fundamentally about building trust. The whole coin industry operates in a very old-school relationship-based trusted way. To become a member of most professional orgs or become an authorized dealer, you need to have 5-10 VERY solid references from other members or authorized dealers, and the only way to get those references is to be a part of the community, build trust, and build relationships by doing business with others (which means honoring your commitments and your word and writing good checks, etc.). In the end, you need to ask 5-10 people to personally vouch for you, so they'd better know you and actually trust you.