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<p>[QUOTE=&quot;umtrr-author, post: 520956, member: 5719&quot;]I would be really conservative about valuation of any &quot;collectible&quot; in the calculation of a net worth for paperwork such as a FASFA.&nbsp; </p><p><br /></p><p>I can&#039;t say with any authority what I would use as the basis of my evaluation--</p><p><br /></p><p>Purchase price? (How long ago was it?&nbsp; Are there records?)</p><p>Replacement cost?</p><p>Insurance coverage?</p><p>A formal appraisal?</p><p>Gray sheets?&nbsp; (Not the Red Book, I hope-- you&#039;d almost certainly not <b>net</b> those prices!)</p><p>For bullion, the average price per ounce (over some time period) multiplied by the number of ounces owned?&nbsp; </p><p><br /></p><p>Then there is the question of whether the people at the other end of the FASFA would understand what you&#039;re talking about.</p><p><br /></p><p>I&#039;ll speculate that unless you &quot;have to&quot; fill out the FASFA to comply with admission requirements, you&#039;re looking for financial aid.&nbsp;&nbsp; I&#039;ll withhold comments on that process in general (this isn&#039;t the Political Forum!) but overall I would wonder how conservative you can be in terms of valuing what you have-- especially considering the probability of a short to medium term downturn in coin prices.[/QUOTE]</p><p><br /></p>

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