Right now it is a buyers market

mach19

So I am going to sell-off some coins & purchase a home

drwstr123

Strike while the iron is hot.

Edscoin

Coin prices Down a little- Home prices Down a lot. Sounds like a good decision.

123cents

Not a bad idea. Good luck!

Walkerguy21D

Yes, home prices are down a lot. On the contrary, I keep getting blown out of the water on early walkers in the auctions

lcoopie

is it a buyers market for coins now?

Type2

As long as you can do it go for it.

yellowkid

<< <i>is it a buyers market for coins now? >>



I think it is for average type pieces, however top shelf stuff seems to have held it's value, in any collectibles market, not just coins.

Baley

It's a great time to buy a home, it's a great time to sell a home. It's a great time to buy a coin, it's a great time to sell a coin.

Of course, it all depends on which house, which coin, and Why the person is making the move.

congratulations on your decision, I've never regretted buying a lovely house or coin in a nice neighborhood or numismatic sector (micro vs macro "market")

metalmeister

Agree, If you have ca$h.
Homes , Cars, Coin deals out there.

lordmarcovan

Must be nice to have enough coins to sell and buy a home.

I could sell off all the coins I owned and not afford an upgrade to this ten year old, singlewide mobile home with the faulty central air unit and nasty carpeting.

stinkinlincoln

Of you have the cash, its a buyers market on everything.


Buying a home now is a great move if the cash is there and the price is right.

richardshipp

I'm finding out what my coins are worth as we speak...

rmpsrpms

Unfortunately prices have not dropped here in Silicon Valley, at least not very much. In fact many homes are near their peak and still rising, especially in the last month or two. I'm talking specifically where I am looking, not in the general SF Bay Area which includes the outlying counties. I don't want a commute, or I could pick up bargains. We even looked at some foreclosures, but they ended up getting listed at top dollar even with major maintenance required. That said, I don't think much is actually selling, so maybe it's just a matter of time...

speety

<< <i>Agree, If you have ca$h.
Homes , Cars, Coin deals out there. >>



Had cash, car shopping as of late, no more cash.


Good Deals though!

TwoSides2aCoin

It's a seller's market.

coasterfan

I sold some gold yesterday so I can buy a new car with the Cash for Clunkers program. I've heard response to this program has been so overwhelming that the available funds will likely be exhausted much sooner than anticipated.

ricko

The dealers are not yet hungry enough. In most cases, prices are still high - way to high for value. Hopefully, the recession will last another six months and drive some prices into the 'reality sector'. Cheers, RickO

intence

<< <i>Agree, If you have ca$h.
Homes , Cars, Coin deals out there. >>



agreed. exotic cars especially are dirt cheap!

ctf_error_coins

so im gunna sell sell sell coins and buy some stocks

mach19

mach19

<< <i>The dealers are not yet hungry enough. In most cases, prices are still high - way to high for value. Hopefully, the recession will last another six months and drive some prices into the 'reality sector'. Cheers, RickO >>



The housing market is in the same boat, when it bottoms out I hope to be ready

jdimmick

There are some deals, I just came back from the Rocky Mount , NC show and spent about 3k, becuase some were willing to deal!!

Walked away with great prices on some stuff

pennyannie

I agree with Ricko, the worst has not arrived yet. There are plenty of bargins to be found but many that appear to be bargins now are not.

I do not know if you can find out how much money the IRS collects every year but i bet the amount is way down and only getting worse. Sales tax going to cities is down. When the cities burn off there cash, services will suffer and the poor people will really feel the pinch and sell off for pennies on the dollar.

I am fianally started to see coin prices falling around here. You have to find the sellers though.

cinman14

<< <i>I'm finding out what my coins are worth as we speak... >>



I do remember you telling people to "throw the price guide out on this one."

I guess they took your advice...

yellowkid

<< <i>

<< <i>The dealers are not yet hungry enough. In most cases, prices are still high - way to high for value. Hopefully, the recession will last another six months and drive some prices into the 'reality sector'. Cheers, RickO >>



The housing market is in the same boat, when it bottoms out I hope to be ready >>




Market bottoms, like peaks, are very difficult to call, most people miss them. Having you're financing/money ready to buy is a smart move , but don't miss a good opportunity because you think the "bottom" isn't here.

OnlyGoldIsMoney

<< <i>I'm finding out what my coins are worth as we speak... >>




I'll learn a lot by 10PM tonight as well. So far I'm breaking even with a chance to make a bit of money on some coins selling on ebay. One has 50 watchers.

Cameonut

Don't forget to look into whether you qualify for the $8000 tax credit.

WTCG

<< <i>Unfortunately prices have not dropped here in Silicon Valley, at least not very much. In fact many homes are near their peak and still rising, especially in the last month or two. I'm talking specifically where I am looking, not in the general SF Bay Area which includes the outlying counties. I don't want a commute, or I could pick up bargains. We even looked at some foreclosures, but they ended up getting listed at top dollar even with major maintenance required. That said, I don't think much is actually selling, so maybe it's just a matter of time... >>



Despite the high prices in Silicon Valley there is still a lot of interest in anything for sale. It's securing financing that is now the hard part. The outlying areas of the region have experienced tremendous value declines and if you're willing to live in a cookie-cutter mcmansion and commute 2 1/2 hours each way to get to work then those areas are worth looking at since there are some very good deals out in those areas.

MrOrganic

<< <i>so im gunna sell sell sell coins and buy some stocks >>




This is what i have been thinking as of late! ....with this tech/oil/earnings rally people are fleeing coins/gold/bullion for the big gains of stocks.

richardshipp

<< <i>

<< <i>I'm finding out what my coins are worth as we speak... >>



I do remember you telling people to "throw the price guide out on this one."

I guess they took your advice... >>




Yes I did and I'll stick with my advice... what else could I say when I paid 5 times guide myself

agentjim007

Just did the same thing. Got a great deal and used my VA loan. Didn't need money down but still needed cash to pay for moving and other incidentals so I sold off a bunch of coins.

Joflax

Got cheaper to buy than rent here in SOCAL , so I sold coins and bought commercial real estate ( move in Sept 1st), feeling very leveraged at the moment , hope that I made the correct decision , will only really know in about 5 years.

cinman14

<< <i> what else could I say when I paid 5 times guide myself >>

Dennis88

I'm selling coins so I can buy a coin which will raise in value over the next few years (hopefully)

Dennis