| Author |
 Replies: 49 / Views: 6,926 |
|
Pillar of the Community
United States
2200 Posts |
Just curious if you've made any plans, and if so, what they are?
|
|
|
|
Pillar of the Community
7234 Posts |
When I learn I'm dying - I'm cashing everything in and having the best month in my life I ever had!! What say you?
|
|
Pillar of the Community
United States
6130 Posts |
My family gets to go through boxes upon boxes of unlabeled and unattributed coins; $500 coins mixed in with $0.50 ones. It'll take then decades to sort it all. That will finally show my wife for always using all the hot water and putting empty bags of M&M's back in the pantry.
|
|
Rest in Peace
United States
1559 Posts |
If I didn't have children and grandchildren I would probably do as Mark said. I have given my daughter (My oldest) instructions on what to do with my collection. My wishes are that it goes to my children and grandchildren. That is how I got it, and my mother before me. It's to be splt between my thre children. My two boys, 25 and 27 do not have children. If it stays that way, then on their demise their share goes to their niece and nephew. And upon my daughters demise, her share will go to her son and daughter. I had all three sign a legal document that we had notarized,nthat states that none of the collection be sold. Once I'm gone, they might just tear up that document and sell it all. Lol
|
|
Rest in Peace
10197 Posts |
They say ya can't take it with ya, but nothing was said about not stuffing my coffin with it all! That'll show 'em! They *itched about my collecting it, aren't interested in learning about it to value it out, sooooo.....  Those pallbearers are in for a big surprise!  |
|
Bedrock of the Community
Australia
21786 Posts |
Ultimately, my collection after being broken up, will be in the hands of other collectors. Nevertheless, my two kids already possess part of my collection.
My two children are joint executors and equal beneficiaries of my estate. When I kick the bucket: their coins - they can decide what they will do with them. They also can pick what cherries they would like to keep for themselves. They are both married and their respective spouses with my kids have formed a co supporting group.
Actually, I would be quite happy to give them all of my collection right now, but they have reasoned that I would be a better custodian - somewhat like a museum curator.
|
|
Valued Member
United States
83 Posts |
I inherited coins from my parents, though just bullion rather than collectibles. My daughter will inherit mine. She already knows the basics of keeping and valuing the typical low value but artistic coins I favor. |
|
Bedrock of the Community
United States
73669 Posts |
This is a good thread and I'm pretty happy that you made one about this question. I was thinking about that question a couple of days ago saying to myself "What am I going to do with my collection when I'm on my death bed?". Since I'm very protective of my collection, I thought of auctioning off everything I had in my collection at a coin auction. I would use that money I got from the auction and pass it down to my kids. I actually want to put this in my will. So what I'm basically saying here is I want everything sold before I pass away.
Errers and Varietys.
Edited by Errers and Varietys
04/08/2018 12:52 am
|
|
Valued Member
United States
330 Posts |
Your collections all go to me when you die. It was in the fine print that you never read when you started collecting way back in the day. Your fault for not reading it.
As for me? Well, I really hope I have someone to pass my stuff down to when I die. If it just gets sold it means all the effort I've put into research and assemblage disappears along with me. I try to look for rare and highly obscure things (some of which take years for one to show up), and really don't want them all just being dispersed back into the ether by someone who doesn't genuinely appreciate them.
|
|
Bedrock of the Community
United States
73669 Posts |
Nautilator, I'm somewhat confused and somewhat lossed on your comment. What are you trying to say? Please elaborate.   Errers and Varietys.
|
|
Bedrock of the Community
 United States
12477 Posts |
Quote:
Nautilator, I'm somewhat confused and somewhat lossed on your comment. What are you trying to say? It was a joke followed by what is essentially a non-answer. That's great, though, because I have a non-answer. Like you, E&V, I hope to have many more years of life ahead of me. I don't even know if I will actually have a "collection" when I die. I currently have no one of a younger generation to whom I would consider leaving anything. Only time will tell. I will be better equipped to answer the question in 30-40 years. In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
|
|
Valued Member
United States
104 Posts |
Edited by Narrowback44
04/08/2018 03:43 am
|
|
Pillar of the Community
Australia
3831 Posts |
I hate to think about it. Bit too early in my life to decide. I'm sure some collectors would love to see some of my hen's teeth coins to appear in the market... Ultimately I can't take my collection to the other world so I'll rather see them in a good collection rather than in a junk coin lot. I've saved a couple of rare coins from junk coin lot - they could have easily have been melted down. That's the last place they will ever belong.
My partial coin collection http://www.omnicoin.com/collection/gxseriesMy numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htmRegularly updated at least once a month. |
|
Rest in Peace
United States
18456 Posts |
Every once in awhile we have a different thread on this subject . When you think about it , it's probably the most important subject we could ever have on this forum . From the very beginning of my coin collecting years I always said > someday when I have grandchildren I will pass these down to them and keep it in the family through out the generations . Well guess what ? None of them have any interest in my coins at all . Now bear in mind ,I'm up there in my senior years .My three daughters have zero interest , The wife just has a small interest but she's a senior too . What the heck do I do now ?   |
|
Pillar of the Community
United States
3323 Posts |
 A quick hello to Grandpa T-Bop from your grandson Bump! "Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
|
|
Pillar of the Community
United States
4085 Posts |
My youngest son has some interest in coins. He has a small collection himself but doesn't really actively add to it at this point. He's only 19 and has other interests as I did at that time. But I think as he gets older, he would be interested in having it. Hopefully, I've got another 40 years in me...
|
| |
Replies: 49 / Views: 6,926 |
Posted 04/07/2018 10:45 pm
