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634 points david927 | 3 comments | | HN request time: 0.623s | 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. profsummergig ◴[] No.41346340[source]
Am curious how you handle trust.

E.g. someone says the delivery didn't come through. Or that the coin is not authentic.

Those are some expensive coins! So was curious.

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2. nlh ◴[] No.41347480[source]
Great question. Authenticity is easy - I mostly deal with certified coins, which means they’ve all been authenticated and guaranteed by a 3rd party service which stands behind their mark (they will pay you for the coin if they make a mistake, which does happen).

For shipping, that’s just pretty standard across most industries - I have shipping insurance and if USPS fails, they’ll pay for it. But losses happen and it’s just a matter of business (thankfully they’re rare).

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3. profsummergig ◴[] No.41406705[source]
The 3rd party service, do they require you to mail the actual coins to them before they authenticate?