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<p>[QUOTE="Clawcoins, post: 3221594, member: 77814"]That's an expensive piece to start out with. Don't they go for $600+</p><p><br /></p><p>Coins are one of those things where you collect for the enjoyment first and the "investment" second.</p><p><br /></p><p>The thing you don't know, is if you overpaid for something. Many new collectors over pay many times. Many business coin ppl who evaluate collections come across ppl that have overpaid for stuff they've bought and will never get their total investment monies back.</p><p><br /></p><p>If demand is high for something since you've bought it to the time you sell it them you'll be okay if your total acquisition price is in the fair market value. But if demand dries up or stagnates and valuations drop, well, then you may be hard pressed to find a buyer at a good amount.</p><p><br /></p><p>Then it depends who you sell it to. A dealer will only give you a certain % of market value, many ppl are looking for a deal and not overpay, some ppl just bid things up like crazy. So the venue you sell it in is key, and so is market timing.</p><p><br /></p><p>Then it also depends how quickly you need/want to sell it. For instance if one needs to sell something *now* they tend to go to a pawn store in which they'll get a small percentage of what it's worth. If you have someone sell it for you at a much higher price then you'll pay fees to that, which with time, etc may have just been better to pawn it. LOL</p><p><br /></p><p>And of course money is 100% liquid instantaneously if you spend it at face value.</p><p>So to answer your question .. it all depends.[/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 3221594, member: 77814"]That's an expensive piece to start out with. Don't they go for $600+ Coins are one of those things where you collect for the enjoyment first and the "investment" second. The thing you don't know, is if you overpaid for something. Many new collectors over pay many times. Many business coin ppl who evaluate collections come across ppl that have overpaid for stuff they've bought and will never get their total investment monies back. If demand is high for something since you've bought it to the time you sell it them you'll be okay if your total acquisition price is in the fair market value. But if demand dries up or stagnates and valuations drop, well, then you may be hard pressed to find a buyer at a good amount. Then it depends who you sell it to. A dealer will only give you a certain % of market value, many ppl are looking for a deal and not overpay, some ppl just bid things up like crazy. So the venue you sell it in is key, and so is market timing. Then it also depends how quickly you need/want to sell it. For instance if one needs to sell something *now* they tend to go to a pawn store in which they'll get a small percentage of what it's worth. If you have someone sell it for you at a much higher price then you'll pay fees to that, which with time, etc may have just been better to pawn it. LOL And of course money is 100% liquid instantaneously if you spend it at face value. So to answer your question .. it all depends.[/QUOTE]
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