What Happens When You're Gone?

I'm afraid that if no one in your family appreciates the nuministic values of your coin, it's destined to be brought either to the local coin shop for a quick sale or ebay.

It's too bad more elderly collectors don't place biographies of themselves inside the back covers of their albums and will them out to fellow collectors. Then they can insure that their collections would remain intact for another generation and be a small reminder of their legacy.

Why doesn't Coin Community set up a charitable trust...or something similar to assist collectors with passing on their collections?

It is odd that you bring up this scenario. I say that, because I am in that p[redicament. Non of my family are collectors, and haven't the faintest idea as to what is there, or what to do wuith it. I have considered doing the very thing mentioned above, leaving it to other collectors, or in my case, leave the collection to the forum for the benefit of the site, and expenses to keep it operating. there is a Lincoln Cent store, that can and would be able to handle the collection. the sale of the cins would give a collector something he/she needs to fill a need, or to place in an album, for their heirs. I have not made any decision, but maybe I should get it underway, because I am a grea-grand father, and may not have all that much time left! The only thing about the collection is that the ptoof, mint sets, and larger sized coins are in flips, or folders. the vasr majority is cents, wheat, memorial, some Canadians, (this area is my current operation). a few IHC, Anf lot of misc world, Mexico, and some odds, and ends. Not a fortune, but a very large chance for varieties, and errors. BTW, I'm not thru collecting, yet, so don't dig out your checkbook!
Dick

I have tried and tried to get my wife interested in my collection and explained to her that the sale would relate to her being able to shop at Macy's instead of Walmart. Her reply was-- "I like to shop at Walmart!" Now there's no way to deal with logic like that. Makes me cringe every time I think about it!

I think I would have my collection sold and donated to help the animals.

It will all be sold, hopefully. Want some?

For F150, Have you heard this one. The guy was a skinflint. He had a very valuable collection and lots of coins. He had it put in his will that his wealth be placed in the coffin with him. His wife and children never had anything because of his collection. So the the wife made out a check for the value assigned by a coin dealer and put it in the coffin. LOL
Have a good one.

As a really old person I hate to see this subject discussed at all. The reason is I do not have many relatives that are still alive. I have a son that is married and both him and his wife have no idea of what a coin collection is, what it's for, what it contains. They have no interest at all in coins and there is no one else. If I go they would probably not even know it since they are in a different state, far, far away. To make things worse in my case is I've now had 4 operations for Cancer, two bouts of Chemotherapy, acvanced Arthritis and just really getting old. Since my parents, all gone now, came from Europe there were basically no other relatives here. To sum it up I have no idea of what will happen to my coin collections. Just the over 100 Whitman Classic Albums, almost all full, worries me as to them ending up in a banks counting machine. Many boxes of 2x2's.
One thing I did not long ago when I first heard the word CANCER was to start giving away many, many duplicates to YN's. I think this year I will continue doing that. At least someone will continue this.
I've actually made a New Years Resolution a year ago to get rid of one item a day by giving away or throwing away. This is when you really know you've been a pack rat. I have been doing this for a little over a year now and still a long way to go.