Please don't take offense, but...
I have a problem "buying" the coin from the recipient. The parent has no right. What would you rather have, an heirloom from your grandmother or half of the money that the heirloom is worth? I have a lithograph that once belonged to my great-great grandfather. While it does have significant monetary value, there is no price that I would be willing to sell it for. I would probably be a little bitter if my mom had it hanging in her living room and I had half of the cash that it was worth.
Instead of buying it, maybe some one should explain the value, both sentimental and intrinsic, to the recipient. Then let him know that, should he want to part with it, he should offer to sell it to a family member first.
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People who will get snarky over something like this have probably already gone there over something else. God knows what they already say - some people just have too much time on their hands.
The same thing happened with my family, just not with coins. The consensus from the more upstanding members of the family was to gratefully take what was given to us and keep our mouths shut. That way no one felt cheated, no feelings were hurt and grandma didn't have to deal with the sour grapes.