Originally Posted by california rick
Originally Posted by Checkerboard Strangler
And think about this for a moment, Kap.
Assets that are not easily liquid are sometimes assets that aren't worth what someone claims they're worth.
Exactly - like art pieces - which I have several that I'd like to liquidate but can't due to finding a buyer who'll pay me what I at least paid for them many, many years ago.

YES definitely!
I have a couple of art pieces done by Ed Ruscha and Jim Ganzer.
Both are key historical figures in post modern art, especially from the 1950's and 60's. They're appraised in the high five figure range but there is no way I will ever see that in my lifetime because, believe me I tried and since these paintings are from a disastrous first marriage I'd feel better with them out of here and me with a pocket full of money.

These are definitely "illiquid assets" even thought it's nice to have them hanging on the wall.
Jeff H in Occupied TX

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