Senior Coin Service
Should I Liquidate My Coins?
What are some things to consider when thinking about liquidating your valuables? To liquidate something means to take a non-spendable form of value and to convert it into a spendable and more stable form.
Why stable? Because owning coins, like any other valuable, is a speculation. For example, real estate, diamonds and labor skills are worth less than they were prior to 2008. Gold, farm land, and oil are worth more.
To determine the best course of action ask yourself these questions:
Do I still enjoy owning these items?
Am I an active collector?
Do they give me a feeling of financial security, or a pride of ownership?
Do I have a place to safely store my valuables?
Do I need to un-clutter my house?
Do I need to simplify and unclutter my mind?
Do I prefer the money in my hand?
Would I rather own something else instead of these coins?
Do I need the money?
Is there something good and/or important that I can do with the money?