What's To Become Of Your Collection After You've Passed

I have not made any special provision for my collection, and neither of my sons is a collector.

If I still have my wits about me in 10 to 15 years (earlier if I lose interest), I will cash it in. I probably should write out some instructions on the best way to dispose of it, in the event I die suddenly, but haven't.

It has meaning to me, but when I'm gone, it's just another asset in my estate, and one that is more likely than not to be handled improperly. Hence my logic about disposing of it myself.

Both of my boys love to CRH Lincoln Cents. My older son shows an interest in the rest of my collection but mind you he is only 12. I`d like to see my wife hold onto everything until the boys are older. Hopefully I still have a good 40 years to go though.

I used to think more about my possible demise when I was involved in dangerous sport (which I'm not at this time). To this end, I took out a life ins policy and also left written instructions in the safe how to auction off my collection.

Given time, though, as in dying of old age, I don't expect there to be much left of my collection. Very likely, I'd have sold it to pay for living expenses.

Lucky you! Most of us (well me anyway), don't have 30 or 40 years left!





Don't take it personal but that reminds me... I don't want my kids cursing me out after I die for leaving them a stinkin disorganized mess, even if it's worth thousands! I don't want my problem to become their problem. The plan is to just put me in the ground with as little aggravation as possible.





I'm kind of in the same boat. Although we all have different situations. Assuming all three have zero interest. I plan to sit all three down, make my intentions known so we are all on the same sheet of music with no surprises. Plus it will be in writing.

Out of the three, there's one that's more reliable and responsible.......and the other two know it. The more responsible one is the executor of the estate. If she still has no interest in the collection, it won't cost her anything to just hold onto it and protect it. My "hope" (and that's a big HOPE) over time (after I'm gone), is that a sentimental value would take hold and others in the family would take a serious interest in the collection.

Bottom-line: If things should change, I'm always beating the bushes (looking and listening) to determine who that (lucky) go-to person (whether it daughter's, son-in-law or grand kids) will be to best maintain, protect or carry on the collection. It's a crap-shoot!




I'm available for adoption!

What most never noticed is when you join this forum, you will be automatically put into a list of people that will have all future assets go to me.
As to when I pass, no relatives that care or know about coins. So someone will have to take them all to a bank and just deposit it all as just coins.

For me this all goes into estate planning. Since our will was drafted over 20 years ago, it's time for an update. My youngest is showing some interest in collecting, so I may name him as the recipient. But, depending on future needs, my collection may end up being liquidated to fund necessary expenses.

I hope my heirs will appreciate it for sentimental reasons. They either "get it" or they do not. Ultimately I have no control over what they do with it. I will be dead, so it does not concern me too much.

I'm 55 and starting to downsize, selling extras, multiples, etc. I have over 3,000 cataloged and hope to get down to Dansco's filled with my best. Hopefully, my grandchildren will express interest (they are young still) and plan for that.