Coin Financing

Comments

• DUIGUY Posts: 7,252 ✭✭✭

  December 13, 2005 8:57AM

  Floating prime rate + 4%

  “A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly."
  
  
  
  - Marcus Tullius Cicero, 106-43 BC

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• relayer Posts: 10,570 ✭

  December 13, 2005 9:04AM

  
  Dang I'll beat that deal. I'll loan at prime + 1% (and I get to hold your coins until paid).

  
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  since 8/1/6

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• MikeInFL Posts: 10,188 ✭✭✭✭

  December 13, 2005 9:16AM

  IMHO and as a collector, if you need to finance a coin, you shouldn't be buying it...MIke

  Collector of Large Cents, US Type, and modern pocket change.

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• topstuf Posts: 14,803 ✭✭✭✭✭

  December 13, 2005 9:29AM

  And as a lender, you should check your state's laws. Some states will assess treble damages AND force a return of the collateral if one lends without a license.
  
  

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• mhammerman Posts: 3,769 ✭✭✭

  December 13, 2005 9:34AM

  "IMHO and as a collector, if you need to finance a coin, you shouldn't be buying it...MIke"
  
  yepper
  

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• sellsatan Posts: 663

  December 13, 2005 9:38AM

  I would never, not even for a second, consider buying a coin on credit.

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• Abaco24 Posts: 188

  December 13, 2005 9:40AM

  I agree with Mike in FL

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