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<p>[QUOTE="littlehugger, post: 2358249, member: 58633"]Your coin collection has value, but it is time consuming and difficult to convert it. Dealers will offer insulting prices. Scammers on EBay will fleece you. Few pay retail value, and fees eat up your profits too. Don't forget taxes!</p><p> Investing in your home is good. Most of us have to throw money into housing every month, one way or another. Many of the fees you pay for housing are tax deductible.</p><p> In a crisis, financial or other, that house is a huge financial asset. You cant eat your coins, or live in them, etc. There is no guarantee you will get anywhere near their value, especially with rare, high grade coins. You will be far better off with a common date Morgan or Mercury dime than an XF or AU large cent from the 1700's.</p><p> A home is a huge asset in bad times, that others will be liquidating their assets for a loss to buy.</p><p> Its also a great thing to pass along to your kids.[/QUOTE]</p><p><br /></p>
[QUOTE="littlehugger, post: 2358249, member: 58633"]Your coin collection has value, but it is time consuming and difficult to convert it. Dealers will offer insulting prices. Scammers on EBay will fleece you. Few pay retail value, and fees eat up your profits too. Don't forget taxes! Investing in your home is good. Most of us have to throw money into housing every month, one way or another. Many of the fees you pay for housing are tax deductible. In a crisis, financial or other, that house is a huge financial asset. You cant eat your coins, or live in them, etc. There is no guarantee you will get anywhere near their value, especially with rare, high grade coins. You will be far better off with a common date Morgan or Mercury dime than an XF or AU large cent from the 1700's. A home is a huge asset in bad times, that others will be liquidating their assets for a loss to buy. Its also a great thing to pass along to your kids.[/QUOTE]
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