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<p>[QUOTE="19Lyds, post: 1392617, member: 15929"]My immediate thoughts are:</p><p><br /></p><p>I would never have a "dealer credit" unless I knew this dealer personally and even then it would be really iffy.</p><p>I say this because a coin dealer is primarily a business and once the business goes down the tubes, all store credits become dischargeable liabilities. In other words, having a financial stock in a coin store is not my idea of a good investment given the volitility of today's economy.</p><p><br /></p><p>As for the 3 legger, these are proven to be market acceptable and as long as the dealers price is not out of line with reality, I say cash in that credit as soon as possible.</p><p>If not that coin, then something else.</p><p><br /></p><p>I need to ask, why did the dealer only giving you "credit" instead of cash? Is he/she cash strapped?</p><p>Because if thats the case, then having a "credit" is probably the worse thing that you could have next to an empty promise.[/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 1392617, member: 15929"]My immediate thoughts are: I would never have a "dealer credit" unless I knew this dealer personally and even then it would be really iffy. I say this because a coin dealer is primarily a business and once the business goes down the tubes, all store credits become dischargeable liabilities. In other words, having a financial stock in a coin store is not my idea of a good investment given the volitility of today's economy. As for the 3 legger, these are proven to be market acceptable and as long as the dealers price is not out of line with reality, I say cash in that credit as soon as possible. If not that coin, then something else. I need to ask, why did the dealer only giving you "credit" instead of cash? Is he/she cash strapped? Because if thats the case, then having a "credit" is probably the worse thing that you could have next to an empty promise.[/QUOTE]
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