Discussion in 'Coin Chat' started by Hommer, Mar 29, 2023.
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If you list it as an asset, money managers are going to want to convert it to cash that they can invest in whatever it is they want to invest in.
Sometimes a private party will finance the raw land at a higher short rate. It’s a ‘Hard money loan’ I’ve been a hard money lender a few times. Wish I could have taken back a couple properties
After you own the land banks will line up to finance the structure. Before that, not so much
When I lived in the Boston area, I knew a collector who pulled a number of 1955 doubled die cents from circulation in the mid 1950s. He had one cent in those pieces, but they had a value of $55 in 1959. They are worth what the market says they are worth, not one cent.
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