...your house or your coins?

ANACONDA · June 27, 2004 1:19PM

Well?...

BAJJERFAN · June 27, 2004 1:20PM

My house is not fulla coins!!

BigE · June 27, 2004 1:25PM

Man, this is a hard one to figure out, I'll let some more people post before I make a move-------------BigE

fivecents · June 27, 2004 1:26PM

You can't live in a coin, but you can always sell your house.

solid · June 27, 2004 1:27PM

Great idea, thanks!

If I can talk the wife and kids into selling the house and buying an RV, I'll have
more money each month for coins AND can attend more shows!

I think I can sell the kids on the adventure aspect!

BAJJERFAN · June 27, 2004 1:27PM

My coins are not worth more than my house and I would not give up my house to keep my coins.

coppercoins · June 27, 2004 1:30PM

If it ever came down to the house or the coins for me, I would already be in a heap of trouble considering I rarely spend more than $10 on one coin or $100 in a month on coins.

Hadleydog · June 27, 2004 1:30PM

House.
Horse for that matter too!

MFH · June 27, 2004 1:31PM

I can always find another house I like as well as the one I own, I don't think I'll find coins I like as well as the ones in my collection.

FatMan · June 27, 2004 1:31PM

Which House?

anoldgoat · June 27, 2004 1:36PM

It's hard enough to buy a home here in the valley. Think I'll keep it.

Goober · June 27, 2004 1:36PM

Wow, the wife actually asked me today if I had enough value in coins to buy her a new house. Of course the answer was no, is no, but I can't seem to get her to believe it.

BAJJERFAN · June 27, 2004 1:36PM

How bout my coins for YOUR house?

Louis · June 27, 2004 1:40PM

Or my house for your coins ?

idocoins · June 27, 2004 1:45PM

Funny, That is a decision that I will have to make in the very near future, tough call. I could use some opinions. I do love both, and it's really hard to choose on one or the other.

BigE · June 27, 2004 1:46PM

OK, I decided. I couldn't do the house now because since the roof blew off the whole place is brand new and besides then the wife would leave and she"s too good of a cook. Before the roof blew off it would have been a different story-----------BigE

MacCrimmon · June 27, 2004 1:50PM

What coins?

Bear · June 27, 2004 1:53PM

"A horse, my kingdom for a horse" Richard III

RegistryCoin · June 27, 2004 1:54PM

It's easy...
You get an equity line on your house, don't tell your wife, and buy as much coins as your equity line can afford.
Been there, done that...
At 3.75% annual percentage rate, it's like the old college loans at 1% that allowed us "do deals", it is fun.

Shamika · June 27, 2004 2:04PM

My house for the time being. However, the coins are quickly catching up.

Gandyjai · June 27, 2004 2:09PM

I could have paid off the house by now, if it wasn't for coins!

Gandyjai

BAJJERFAN · June 27, 2004 3:02PM

<<It's easy...
You get an equity line on your house, don't tell your wife, and buy as much coins as your equity line can afford.
Been there, done that...>>

Kinda hard to get a home equity loan or line of credit for yourself if the wifey is a joint owner of the home. She has to sign too!!

oldcameoproofsguy · June 27, 2004 3:07PM

I just built an all brick house and sold all my coins to do it. Now I'm starting over again. The final coin collection will be the best though.

RegistryCoin · June 27, 2004 4:18PM

<< <i>She has to sign too!! >>

True...impossible w/o their sig. too...
Piece of cake... but that's another thread...

smprfi · June 27, 2004 4:36PM

I don't ever see myself getting into that type of posistion to have to make that decision.

Bochiman · June 27, 2004 5:03PM

Well,

Since I have been told by an ignoramus that I bought a house that was $100,000 too expensive for me (but it was only $50,000 to start with

(joking on that part)) and had to resort to selling a, how did the old fool say it? something like... "piece of crap $300 coin" to pay for it.....well, I think I would keep the house

Since I have spent the last couple of weekends moving in....what fun what fun....and still have to put my old house on the market (gotta love dual mortgates

...heh heh heh), I haven't been buying too much.

But, it is good to get back into some of the things I want with coins. I didn't sell that "piece of crap" coin (which is an NGC MS65 morgan...and, I kind of like it....but, I did have to scramble for funds at the last minute as I had enough for a downpayment for a $500,000 house, but we bumped to a larger one close to work that was $600,000....makes a difference in the downpayment...especially when one is paying for child card (~$1000/mo in this area for a 2yo

). I did sell 5 out of the 7 L&C C&C sets though

that payed me back a tad bit.

So, since I don't have the 1 of a kind coins that others do, the question is a super easy one to answer....keep the house. The coins I have can be replaced. My son's well being growing up is more important and I can always get him more coins to replace these if necessary as they are not rare at all.

LincolnCentMan · June 27, 2004 5:33PM

I live in my dream house. I was in a econo appartment for six years before I bought this house. If it came down to the house or the coins... every coin would be sold so I could keep the house.

I have quite a bit invested into my collection. The reason I can justify the level of my investment is because of my willingness to sell it if the need should arrise. It's a hobby, and a financial tool. Some people use savings accounts to stash back money; I use my coin collection.

David

BAJJERFAN · June 27, 2004 10:16PM

<< She has to sign too!! >>

True...impossible w/o their sig. too...
Piece of cake... but that's another thread...

I spose one could always find smoeone to sit in for her for a short while as long as the bank people don't know who she is.

MadMarty · June 27, 2004 10:43PM

I actually went through that scenerio two years ago. In July 2002, I got laid off from work, it came down to sell the coins and pay off the house and cars. Or have a great Morgan collection living under the I-290 overpass in a cardboard box. I decided to sell off the Morgans and the Lincolns, I wish I could have waited 2 more years for this WHITE HOT coin market!

Baley · June 27, 2004 11:08PM

not sure if the question is, which is worth more, or which would be sold last.

anyway, answer to both is, house.

...your house or your coins?

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