Striking a Limited Edition Collectible Medal
| Listing Information | |||
|---|---|---|---|
| Amount: | $3,500.00 | Status: | Loan created |
| Grade: | AA | DTI: | 4% |
| Lender Rate: | 8% | Borrower: | smallforest |
| Finished | State: | OR | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2008-01-04 | EricsCC ROI: | 8% |
| Status History | |
|---|---|
| Jan 04, 2008 | Current |
| Feb 22, 2008 | Payoff in progress |
| Mar 01, 2008 | Paid |
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Purpose of loan: This loan will be used to? strike a limited edition of medals known as so-called dollars. So-Called dollars comprise a category of the numismatic world that has significant interest amongst coin and medals collectors, as evidenced by eBay assigning it a separate listing category in 2007. I have developed into a minor expert in the field. You can find me on eBay under my prosper.com identity. I have a reputation as somebody who honestly represents his material and one who has a knack for bringing excellent and interesting material to the market. I have decided to create an issue of limited edition medals with one theme but of various compositions to coincide with an important milestone in the medals world which occurs in the first quarter of 2008. I have been in contact with a mint and have approved a design. My options are to have the medal done here in USA, funded by Prosper, or in China at half the price. If the Prosper loan does not go through, I will self-finance a medal struck in China. If a single person funds this project, I will give that person the opportunity to acquire up to two complete sets of medals at cost plus ten percent. My financial situation: I am a good candidate for this loan because?I have the present ability to pay off this loan from cash on hand. |
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