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 Replies: 22 / Views: 3,157 |
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Valued Member
 Canada
212 Posts |
mkman123: I know but much less likely to continue rebellion in there 20's and 30's. My brother's wife has a master's in social work so she will know the signs and what to do if  hits the fan. Edited by Matrix1980
05/19/2011 6:40 pm
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Pillar of the Community
United States
1064 Posts |
I don't think poster meant for this thread to be quite so depressing!
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Valued Member
Canada
212 Posts |
JackB:
No not really but if anyone else wants to share some positive future plans feel free.
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Pillar of the Community
United States
8904 Posts |
I think of my collection the same as classic cars. They (at least) hold (most of) their value, you can enjoy them now (versus your 401(k) that sits in the bank for later) and then if, and when, you or your heirs decide, they can be liquidated for other things.
Of course, I still have my 401 (k) and other investments but this is a very enjoyable diversification of my investments!
Note: It is extremely important to make sure our heirs understand these things are NOT face value coins, etc. (Just like Ugly said!)
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Pillar of the Community
United States
597 Posts |
i have a complete list of what coins go to what auction houses and what coins go on ebay and whether or not to group them or sell them one at a time. |
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Valued Member
Canada
212 Posts |
Nice to see other people have plans as well!!
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Pillar of the Community
Canada
617 Posts |
matrix1980
first of all congratulations on your niece to be.
As for the future for my collection, I will probably sell or trade most of the unnecessary stuff and keep a good core collection, and I hope whoever gets it appreciates it and carries on the tradition.
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Valued Member
United States
294 Posts |
For me, everything goes to the granddaughter when I'm gone. She's three now. What she does with it is her business. She makes 100% profit on the collection, because at this point she has zero invested in it. Hopefully I've instilled at least some interest in the hobby. She sits with me and "helps" while "pappap looks at money". But she knows how to handle a coin, knows what she's not allowed to touch, knows how to use a 2x2. She doesn't know a cent from a half, but she listens well (at least for this), has some fun with me, and if she's not careful, may actually learn something along the way.
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Pillar of the Community
United States
3345 Posts |
Come on, Glenn.
'nuf said.
Any way I bought a few coins that I expect to be more valuable, but they wont have big profit margins, only like $50 maybe.
But its enough for me now, as I don't have extra money to spend.
I am hoping in the marathon run, my coins will 2x or 3x or even 4x in value, what with all the silver being taken out. Of course I guess its being hoarded, but some people are melting it.
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Pillar of the Community
United States
2150 Posts |
Quote:
his seems like a pretty insensitive and rude thing to say to someone who is hoping to help out his family members with his valuable coin collection.
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Valued Member
Canada
212 Posts |
omahaorange:
Very nice plan!!
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Moderator
 Canada
10460 Posts |
Sell them when I retire. Buy a small house on Vancouver Island (Saanach Peninsula) and renew myself with a hobby I had when I was a graduate student at the University of Victoria - golfing year round.
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Valued Member
Canada
212 Posts |
SPP-Ottawa:
Very nice I love golf as well.
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New Member
Canada
45 Posts |
I too am a grad from UVic, we are in beautiful territory. I am part owner of my collection and hope my son will inherit and love the collection once I am gone. It is so hard not to think of family futures in low economic times, but I want my future great grandchildren to hold my Mountie Canadian Quarter and say "wow she held this" followed by "she was old".  If I get really lucky and stumble across big money, I would love an antique bookstore with really good coffee and an ocean view. |
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Valued Member
Canada
212 Posts |
Mellowgirl:
''If I get really lucky and stumble across big money, I would love an antique bookstore with really good coffee and an ocean view''.
That is a very original idea I actually after reading this idea would not mind the same thing.
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Replies: 22 / Views: 3,157 |
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Posted 05/19/2011 7:48 pm
