Keep the collection wallet separate

The same coin can be a poor business purchase and a great collection purchase. Confusion starts when the money for one quietly subsidizes the other.

Dealer wallet

• Every coin is inventory at the right price.
• The buy needs a documented exit, margin, and time horizon.
• Slow or sentimental inventory still ties up capital.

Collection wallet

• A fixed personal budget funds the hunt.
• Story, beauty, and set completion can justify a purchase without pretending it is an investment.
• If inventory becomes a keeper, the collection buys it at full retail and the business records the profit.