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Is This An OK Time To Sell My High Grade Type Set?


I'm thinking seriously of selling my High Grade (XF for early years 1800-1850, AU to MS68 to date) US Type Set. Heritage valuation of >13K. I don't need the $. However, I would like to pay off a rental property so that it is free and clear to prepare for college costs for my daughter 4 years from now.

Is this a good time to sell? I've been away from the forum for a few months save an interjection periodicaly.

I've often thought that the coin realm was for those with means. Is it still so? How's the market?

Should I sell or wait?

Sincerely,

Dan
Dan

Comments

  • The market is strong, and would be an ok time to sell. It may get even better, but no one knows.

    Cameron Kiefer


  • << <i>I've often thought that the coin realm was for those with means. >>



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  • goose3goose3 Posts: 11,471 ✭✭✭
    with interest rates where they are I don't think I'd worry about paying off rental property so long as you have enough coming in to cover the payments/expenses.
  • Payments are 660 @ mo. , income is 850, payoff is a little over 17K.

    However, house is getting old (1976 vintage, 3br 2bth, Greensboro, NC, 1873 sq ft, 1 1/2 acres) and may need repairs, although kept up with every request from mgmnt co.

    I just feel - with it paid off, I have an extra $750 @ mo (after mgmnt fees) coming in rather than X going out.

    It's really a trade off. Coins or House. I enjoy the Collecting of coins, but , have hit a Wall progressing in US coins..., (I still love Japanese coins and have probably a high registry level Japanese type set). I'm a type collector and I've come to a point where anything else I need in the condition I've persued is going to be over $750. I've come to a point where "is it coin or house payment"?

    How many forum members are looking for what I consider good examples (PQ for the grade) type specimens?

    Ask me at danreller@sc.rr.com .

    Sincerely,

    Dan
    Dan

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