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<p>[QUOTE="rrholdout, post: 2840113, member: 89654"]See your point Chris.</p><p><br /></p><p>Yes, I could auction my entire collection on Ebay starting at 99 cents and it would all be sold at the end of the week [provided there is Ebay, or similar site]. But wise investment is always buy low, sell high - I would never price something unreasonably high as it would do me no good. I always do the market research to make sure what I have will sell and has sold for x amount of dollars. And undercut it. I want a high STR - 100% if possible, though sometimes the market is off for a certain coin. However replicating past sales can take a lot of time and patience . . . finding your buyer. It's like selling land. Great patience is required. And coins are like little properties, that you want to find the right buyer for, for the right price. </p><p><br /></p><p>So yes, 'illiquidity' may be the wrong term. Rural unimproved land can be very 'illiquid'. The demand is strong for coins, people will buy them. But not necessarily for fair market value. It's a patience game.[/QUOTE]</p><p><br /></p>
[QUOTE="rrholdout, post: 2840113, member: 89654"]See your point Chris. Yes, I could auction my entire collection on Ebay starting at 99 cents and it would all be sold at the end of the week [provided there is Ebay, or similar site]. But wise investment is always buy low, sell high - I would never price something unreasonably high as it would do me no good. I always do the market research to make sure what I have will sell and has sold for x amount of dollars. And undercut it. I want a high STR - 100% if possible, though sometimes the market is off for a certain coin. However replicating past sales can take a lot of time and patience . . . finding your buyer. It's like selling land. Great patience is required. And coins are like little properties, that you want to find the right buyer for, for the right price. So yes, 'illiquidity' may be the wrong term. Rural unimproved land can be very 'illiquid'. The demand is strong for coins, people will buy them. But not necessarily for fair market value. It's a patience game.[/QUOTE]
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