1 million

Discussion in 'Coin Chat' started by Foster dollar, Nov 14, 2006.

?

which one would you choose

  1. one million dollars cash

    80.4%
  2. one million dollars in coins based on market value

    19.6%
  1. NathansCoin

    NathansCoin New Member

    I just want to add, that i remeber hears that Oprah pad it for everyone that got the cars. becuase she quote on quote felt bad. lol I my self dont like Oprah Windbag / Women of the soulth/ . For you Haword Stern Fans. lol
     
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  3. NathansCoin

    NathansCoin New Member

    It would be more fun selling the coins. Plus im assuming that if your had been given the coins. NOT WON THEM. The taxes wouldnt be a issue. with the money ,unless given to you in cash, there's no way around paying more on tax's. Either way that sorta money in any form would be a hugh help to a person like me. Staying home everyday to take care of my 2 year son with cerebral palsy. and thats just for starters of whats going on with him, the list of medical problems is compleatly overwhelming. IM TALKING OVER WHELMING. In order for m son to live i cant even work. I hate it, but the amount of care he needs is and will always be a full time 24 / 7 for the rest of his life, job. Whatever im sorry fellas. Fell in to a venting spell for a seccond.
     
  4. zaneman

    zaneman Former Moderator

    I hear that! My fiance and I were in a great financial situation, until student loans came due. Now we have to pay about 2k a month towards them, and alas, no money for coins.
     
  5. Vlad

    Vlad Senior Member

    anyone can tell what is a point of paying student loans? My wife owes like 16K already for 5-7 years, its still 16k without any compounding interests. So, she has a high-ranking position with the state, didnt matter. Couple times a year we are getting a letter claiming this money and threating to write us an angry letter. So?
     
  6. satootoko

    satootoko Retired

    Will you still be asking that when your joint bank account with your wife, and her wages, are levied on; or when you try to buy or refinance a house and find out what your credit score is?
     
  7. Vlad

    Vlad Senior Member

    It didnt happen in 7 years, meantime they knew at least her address; Why? As for buying a house, having cash helps way better than having a high credit score. Besides I am coming from the country, where all real estate deals are made with cash, (YOUR cash, not usurer's ) even if its $2M. Finally, recently she got a very good and hard to get job with the state, the same state where she studied. Didnt matter. Why?
     
  8. EdsCoin

    EdsCoin Senior Member

    Cash. Then I could buy the coins I wanted with some of the money and other things I wanted with the rest
    of the money.
     
  9. spooky

    spooky New Member

    now thats a funny poll:)
    Some people find that the only important thing in their lives are coins:D

    Cash of course
     
  10. bama guy

    bama guy Coin Hoarder

    give me the million, i will buy own coins. Just think What if the guy on the coin vault show was to pick out your coins. gosh, a nightmare of biblicial proportions
     
  11. The_Cave_Troll

    The_Cave_Troll The Coin Troll


    Yeah, this is one loan that you do NOT want to default on. First of all they will not forgive it, or deal with you to reduce your penalties. Also because it is a government loan they have extra power to get the money from your employer(s) directly. Add that to the fact that you can't even escape from student loans through bankruptcy, and this is a loan that gets paid.
     
  12. karrlot

    karrlot Senior Member

    If you're passing out a million dollars, I really don't care how I get it, assuming whatever it is could be liquidated.
     
  13. Just Carl

    Just Carl Numismatist

    Another item of interest is cash is just that, cash. It's value is what it says on the currency. It the money is in coins, then you are relying on the coin market which could crash just like the stock market did several times. Also, with coins you would have to find a way to dispose of the ones you didn't want and enough to enjoy life. Disposing of coins means getting involved with coin shows, coin stores, dealers, etc. With cash you just spend the stuff. At a coin show today I was watching a dealer telling someone trying to sell him coins that the market is really slow so all I can offer you is........... and it was almost face value.
     
  14. I'd take the cash, as I'm a poor college student. I would spend a lot of it on coins, though.
     
  15. mrbrklyn

    mrbrklyn New Member

    I'd just want the Million in Nickles to look through.
     
  16. Burks

    Burks New Member

    A million dollars in gold bullion, let it go up a bit, turn around and sell it! Then invest the money into very low risk bonds or something. Just let those increase in value and retire a few years later.
     
  17. DJCoinz

    DJCoinz Majored in Morganology

    Definitely cash. Besides, the market value is almost always higher than what you'll ever get for a coin (unless it's a prime rarity).
    But man, just thinking about how many coins I could buy with 1000 Grand makes me feel woozy (not to mention the HD TV, Core 2 Duo Extreme Computer with gigantic screen, Mitsubishi Eclipse, etc. etc.).
     
  18. Vlad

    Vlad Senior Member


    She works for the government, actually. High-end fancy hard-to-get job. The amount they want now is the same amount as at least 5 years ago, so anyways thanks to inflation it is probably half down in the real 1999-2000 dollars. God speed.
     
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