Most of the world coins I see are pretty common stuff.
Do you really think a grocery store only has collateral the value of the groceries, and the bank loans them 100% of that value? How this would...
The bank asks usually 30% collateral for business loans. Plus, the security would need to stay in place until repaid. How is the dealer supposed...
Good to know. Maybe my friend got the idea from him. He used to be an ancient coin dealer, but didn't make enough so stopped maybe 9 years ago. He...
But what if the gold is fake? What if the market tanks and he can only sell for $700k? Without other assets, no bank will lend $900k to buy that...
I agree. Coin shops in the era of the internet make their bread and butter buying, not selling locally. If customers cannot bring in inherited...
Bars are weird. To me, that is a $70K premium versus melt. I would think its on the high side. On things such as this, I would never add the...
Reminds me of an old movie with Jamie Lee Curtis "A Fish Called Wanda". Her brother was a baffoon, and when she called him a gorilla he said "Do...
Reminds me of my mom. She always saved all bicentennial coins. I do believe I have some in the safe of hers I got when she passed away.
Good data sir. I appreciate it. I was going out of my way to make the comparison as "fair" as possible simply to get the point across that even...
It hasn't been that in most states for quite a while. I was in the transition period in the mid 1980's in Iowa. People a couple of years older...
This. Its all about the dealer's free cash at the moment, his arrangements he has made, collateral he can put up. I have financed a couple of...
It might also simply been the forced shutdowns due to Covid bankrupted the store, or the owner who you said is older is still fearful of...
No doubt, but they are subject to being stolen. The point, however, was the comparison in the original video saying a board now costs more than...
I would grant you the first cryptos were, then they were shown they could not be that but could be a store of value. "Investment" coins still...
National Guard one weekend a month gave me a whopping $140 a month toward college. I worked full time at QuikTrip while carrying a full load. Oh,...
I have people say I have been lucky. I admit I have been able to work jobs I find interesting, so do not resent the comment in that way. Anytime...
I guess some people thought "why am I waiting around to steal from porches when I can just go to the source"? I love those videos where they...
Wow. I wandered over to Kitco, (Google suggested the article, not sure I trust Google knowing I know about pm...), and read an article there....
I appreciate both sentiments. I am probably closer to the workaholic category than the taking time off for things side of the ledger. I am not...
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