Poll: Have you ever gone into debt to buy a coin for your collection?

RYK

<< <i>100! Thanks, RYK. >>



Not only did you start a 100-post thread, you reveled in making the 100th post. Do I get the assist?

seemyauction

Not a single coin, but I have bought large collection on credit.


AL

DennisH

I've done summer-long layaways with my favorite Morgan dealer a couple of times, and they some of the best purchases I've ever made.

SeattleSlammer

it feels so much better when they're paid for.......like a little nest egg, only more fun.

dac076

I agree with basestealer on the overuse of debt in the US. I have borrowed to buy key-date coins in the past using the rationale that they were rising fast in value, so I needed to get them before they're out of reach. But in reality, there's always another bus if you miss one. Ultimately, and I didn't enjoy the coins as much because of the debt, and I would never do it again.

Now we've paid off all our consumer debt, and are working on our mortgage. Very few people can pay cash for a house, but to say that you can't own a car without going tens of thousands of dollars into debt for half a decade is ridiculous.