All coins are by nature "liquid"; one can readily liquidate them for, at minimum, face value.
Within the scope of "numismatic items", then, my most illiquid items would include a small collection of books, and a variety of inexpensive exonumia. I'm afraid that transaction costs would eat up both profit AND principal
Sure, every coin would sell at some price...but I suspect that the more expensive a coin is, the more illiquid it is if you're trying to break even or make a profit.
the current economic climate should worry all of us coin collectors....
those of us who remember 1981-1984 and 1990-1995; many many coins were very illiquid.
bullion related items always seem to move, rarity markets just freeze
I always look at what holdings I have that have had a huge run up in value, potential for a blow off and retracement to lower levels, and then market them in times like these....
Comments
<< <i>My smoke filled numismatic books from what I am reading. >>
Ya' think mebbe smoebody tried to melt them down?
MMmmmm... ...liquid.
<< <i>Some of my Nevada paper items. >>
That's the price you pay for being a true collector.
"Inspiration exists, but it has to find you working" Pablo Picasso
<< <i>My smoke filled numismatic books from what I am reading. >>
Within the scope of "numismatic items", then, my most illiquid items would include a small collection of books, and a variety of inexpensive exonumia. I'm afraid that transaction costs would eat up both profit AND principal
Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1
....and then where would I put my coins?
If I had it my way, stupidity would be painful!
those of us who remember 1981-1984 and 1990-1995; many many coins were very illiquid.
bullion related items always seem to move, rarity markets just freeze
I always look at what holdings I have that have had a huge run up in value, potential for a blow off and retracement to lower levels, and then market them in times like these....