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 Replies: 10 / Views: 1,457 |
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Pillar of the Community
 Canada
5394 Posts |
Poll Question
Eventually we will all have to think what we wish to happen to our numismatic holdings. Sitting at the Landon Sale the other long night made me think .How will you look after your collection? Please state your reasons.
Edited by Pacificoin
02/16/2015 7:15 pm
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Pillar of the Community
 Canada
5394 Posts |
I will add my vote for sale by auction with the proceeds going to a favourite charity.
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Pillar of the Community
3772 Posts |
If monetary trouble doesn't hit me, I will hang on to my stuff and it will be a mixture of the last three options.
Btw, this poll would probably be better off in the main coin forum.
Edited by Medieval
02/16/2015 7:20 pm
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Pillar of the Community
Canada
5394 Posts |
Agreed moderator could you please move as per request
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Moderator
United States
23522 Posts |
Your wish, etc.  |
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Bedrock of the Community
Australia
21788 Posts |
Bit hard for me to choose an option, because I feel that the best option will be different for each collector. My coins are going to my kids, equally shared. They are the joint executors of my will, joint power of attorneys and joint enduring guardians. That was worked out in a family round table conference in front of a lawyer. The collection will be laid out on the floor and they will alternately pick each item, until it is all divided. They already have a good idea of what items they would like to keep. What they do with what they receive is up to them, but I feel reasonably sure that they will keep some and sell some. They are both interested in numismatics! I have already advised them that if they wish to sell part of what they receive, that the more valuable items should be sold at public auction, and the lesser valued items negotiated via a dealer I have reccomended, or via ebay, at their own leisure, when they may need a bit of extra cash. My collection would be valued at tens of thousands of dollars and I am seriously considering that the dividing process is best begun well before I die. In fact, some of that process has already taken place. Edited by sel_69l
02/16/2015 7:49 pm
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Pillar of the Community
798 Posts |
I picked the keen family member one. I'mall about preservation, I want my coins to be around for as long as possible and am aware that this completely depends on who I leave them with. Right now I'mtoo young to know who this right person may be, it might even be a friend I don't even have yet but my sister hasn't had kids, I don't think I'meven having kids and my cousins haven't had kids yet either. its important that the person who gets my coins does with them what I am going to do with them and preserve them by picking the right person to leave them with, it can go on for centuries hopefully because that way my collection is still around generations later and whoever gets them gives them too somebody who is right to have them over and over again until the world ends. Honestly... I'mworried about it.
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Bedrock of the Community
Australia
21788 Posts |
I have a reasonable sub collection of ancient coins within my overall collection. As such, although I have built a collection for myself,
I don't actually feel that I own any coins in it, rather I am just a custodian of them. This is the mentality that I can hopefully pass on to my kids.
There are roughly three human generations per century.
If a coin is 2,000 years old, it follows that I am the 60th custodian of that coin.
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Pillar of the Community
Russian Federation
5174 Posts |
Collection? What collection? If you mean the big messy bunch of coins I currently have... chances are it would be a bit more organized by the time I get old enough to consider that stuff seriously. As it is, it's supposed to go to my dad if anything happens to me (not that I've written any sort of a will though), but I highly suspect that when my dad dies of old age I'd be still alive; no idea what happens later (my younger brother had shown less of an interest than I've expected). |
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Pillar of the Community
Canada
972 Posts |
My collection will be passed down to my son so I voted keen family member. I have told him that someday the collection will be left to him and I'm also sure he will appreciate it. At the moment he's not really interested in banknotes and coins, but I'm hoping that someday receiving the collection may spark a interest in numismatics. If it dosen't spark a interest he can just sell it or do whatever he feels with the collection. So for myself it's no worry about what will happen to my numismatic holdings and I can just collect.
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Pillar of the Community
Canada
5394 Posts |
Thanks for the input guys. I think when the time comes for all of us it is still a very hard decision.
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Replies: 10 / Views: 1,457 |
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Posted 02/16/2015 7:14 pm
