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<p>[QUOTE="Lon Chaney, post: 1413582, member: 29844"]I agree. I doubt folks are buying 5, 6 figure coins with a loan. If for no other reason, these coins are usually auctioned. Getting pre-approved for a million dollar loan for a coin? Not sure if the loan agent would like that. Unless you can already pay for it, and then you wouldn't need a loan.</p><p><br /></p><p>"What's that $2k/month bill for?"</p><p>"Oh, I bought a 1913 V nickel 10 years ago. Just paying off the loan on it..."[/QUOTE]</p><p><br /></p>
[QUOTE="Lon Chaney, post: 1413582, member: 29844"]I agree. I doubt folks are buying 5, 6 figure coins with a loan. If for no other reason, these coins are usually auctioned. Getting pre-approved for a million dollar loan for a coin? Not sure if the loan agent would like that. Unless you can already pay for it, and then you wouldn't need a loan. "What's that $2k/month bill for?" "Oh, I bought a 1913 V nickel 10 years ago. Just paying off the loan on it..."[/QUOTE]
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