nlh

13 ms·

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by nlh 2y ago
I know you're semi-trolling (and I kinda agree they will definitely eventually use these for things that are "illegal" like grills and speed checks, etc.) BUT: Let's think of the positives here. If a 911 call comes in
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by nlh 2y ago
So it's interesting. Everything you ask for here is something I, personally, as an independent wanna-get-my-hands-dirty nerd, would ask for too. I totally get where you're coming from. But the thing is - the reason large compani
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by nlh 3y ago
Having gone through an IRS audit (spoiler alert: I do not recommend.), I can't imagine anyone willingly signing any sort of contract with a private company that allows them to treat you the same way.
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by nlh 3y ago
And I’m reading this to say they can’t reliably detect whether something is AI-generated or not, so they’re not going to try. Whether human or AI or otherwise procedurally generated, sounds like they want to target this kind of low quality
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by nlh 3y ago
This looks super cool. One thing that stands out as missing (or I am missing it) -- does anyone know if there's a way to drill into the data and see the raw tabular data behind a given chart? That's one feature Metabase has that
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by nlh 3y ago
Allow me to gush about ledger for a moment -- I've been using it exclusively for my small business accounting for the past 3 years and it's absolutely spectacular and has been life-changing. For many years I suffered through Quick
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by nlh 3y ago
I will also dogpile on this and add my own experience and enthusiastic agreement - 100% totality in a big open field is absolutely mind-blowing cool. Some friends and I did this for the 2017 eclipse in Nashville. We drove 30 minutes north a
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by nlh 3y ago
Shoot me an email (see bio) and I'm more than happy to help in any way I can. The other wonderful thing about this hobby/business is that for the most part more dealers !== more competition, since there are so so many different
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by nlh 3y ago
There are definitely people who collect fakes/smuggled coins, but because they have the stench of counterfeit on them, their appeal is limited. However - there is one super notable example. In the mid-1900s a guy who became known as t
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by nlh 3y ago
I think a 1:2 capital:revenue ratio is what I would call "medium difficulty" mode -- you should know what you're doing and don't need to be insanely perfect in every call. So to make $10-$20k annually, putting $20-40k t
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by nlh 3y ago
I left this reply for last because it's the best question and most significant one for me. Tech helps me A LOT, and it's one of the reasons I'm having so much fun doing what I'm doing. I've written my own software
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by nlh 3y ago
Yes! There are quite a few fakes (both coins and currency) floating out there. Some of the best fakes are gold coins that - and you might find this surprising - are actually made out of gold. The reason is that at various times through m
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by nlh 3y ago
No you're absolutely right -- it's a great point and I was imprecise with my response. The key is really to differentiate a "how much is my collection worth I kinda want to sell it" request from a more formal "I&#x
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by nlh 3y ago
LOL true! My internal survivorship bias was showing. You do hear an awful lot from the dealers who have been around for 40+ years but not-so-surprisingly less so from the ones who didn't make it.
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by nlh 3y ago
Thank you!!
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by nlh 3y ago
Yes! And free appraisals if the collection is for sale and I can have an opportunity to make an offer :) It's a balance of time investment for me. If I know someone has no intention of selling and just needs an insurance appraisal, t
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by nlh 3y ago
Eventually, I hope so! Gotta spin up the machine a bit more. I don't ever want more than a handful of people working on this I am a big fan of the 2-pizza team, but I know I need to scale to a bit more than just me.
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by nlh 3y ago
All of the above! There are people who are SUPER specific -- they collect only a single series (say, Buffalo Nickels from 1913-1938), some people who only collect a very specific type within a series (Buffalo Nickels from San Francisco in
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by nlh 3y ago
This is a good question and one that comes up often. I'd say it's around 60% to dealers, 40% to collectors. I'd like the skew to be more like 10%/90%, and that's my aim, but I take the position that a quick profit
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by nlh 3y ago
If I may give you a somewhat indirect answer: One of the best things about this business is it returns proportionate to the effort you put in. I know people working with $50k in capital who make $500k a year. I also know people with $1m
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by nlh 3y ago
Hasn't been done (well) yet, and it's absolutely doable. BUT - I don't think that's actually one of the big problems to be solved. I would argue there are enough knowledgable eyeballs out there that there really aren&#
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by nlh 3y ago
That is an excellent and reasonable question. I was able to put a moderate chunk of capital into my inventory and yes, that absolutely has helped (the old 'it takes money to make money'), but at the same time, I'm not the mo
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by nlh 3y ago
Hmmm I mean it can certainly be lucrative but it is NOT a get-rich-quick kind of business. It's a get-rich-slow business if you know what you're doing and put lots of effort in over years. So I'd say I'm skeptical, but
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by nlh 3y ago
Currently self-employed as a.....rare coin dealer! Odd path for a tech nerd hacker like me, but certainly the most fun thing I've ever done with no plans to change this gig ever. My backstory: Collected coins as a kiddo, took a 35-ye
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by nlh 3y ago
This is awesome! Nice work. This model was a dream of mine for a while -- I generally love being solo but even a small group of 3-6 people working on a revenue-generating digital product studio has so much potential to be super super fun.
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by nlh 3y ago
+1 to Svelte. I used to work in Vue a lot but something about Svelte clicked so much better for me. It's so good that when new fancy reactive frameworks come around I don't even bother to get distracted - not even for a week (LO
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by nlh 3y ago
I thought and wondered this before I drove a Tesla, and then it all made sense. Teslas feel like what we would would have gotten with an "Apple car" had Tesla never launched -- next-gen hardware, software at its core, great UX, e
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by nlh 3y ago
It's a great question. Unfortunately I think this is a factor of the free-market economy. Products are getting shittier because ultimately consumers accept them. And when better (and more expensive products) are produced, not enough
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by nlh 3y ago
Sorry, I am likely missing some context here -- I didn't watch the video that's apparently floating around I'm just reacting to this imgur/LinkedIn post. This sounds like a salesperson was let go (or several salespeople)
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by nlh 3y ago
That is awesome!! Thanks for sharing that link.

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