My daughter will be turning 1 in May, but if all goes according to plan, she'll have a love for coins too and I can pass them on to her and she'll keep them as an heirloom of her most glorious, kind, giving, generous, loving father. My collection includes pieces handed down to me from my grandparents. Hopefully this will continue the tradition through a few generations.
If not, bury them with me along with my sharks teeth and an In-n-Out burger in my hand.
My collection goes to my daughter then my grandsons. I want it pasted down from generation to generation. Then maybe 200 years it might be worth something. I have a few coins from my dad.
Quote: My collection goes to my daughter then my grandsons. I want it pasted down from generation to generation. Then maybe 200 years it might be worth something. I have a few coins from my dad.
My will will specify call Heritage. I don't have a lot of bulk, so that's probably the best way. My family has no interest in them, so unless there is someone I haven't met yet, that's how it will all go.
Sience I only started collecting Jan. Of this year and have not bought any coins. Having only cherry picked and quarter roll mined. I told my wife empty all coins and bills in a bucket and cash in at the credit union. LoL
Quote: I'm not married, no kids, have no coin-collecting friends, and none of my immediate family or other relatives are interested in coins. What do I do?
My will specifies two sentimental coins that cannot be sold. These go to my two daughters.
I am in the process of photographing and cataloging my collection, so, should something happen to me, my wife and daughters know what I have and what it's worth. None of them are interested in my coins, but they might like the money they could get from selling them.
As of now I have two options:
One: sell my collection, or the bulk of it, when I retire in four years and take my wife on that trip we've dreamed of taking.
Two: Let my family know of reputable dealers who can help them handle the sale of my collection when I'm gone.
As of now, I'm not sure which of the options I'll take. It might be a combination of the two, since I can't imagine selling everything when I retire, but that trip sure sounds nice.
Quote: I'm not married, no kids, have no coin-collecting friends, and none of my immediate family or other relatives are interested in coins. What do I do?
@jpsned - I'm kinda in the same boat. I'm married, but my wife isn't interested. I have no kids and my relatives aren't interested. Nevertheless, I decided to divide my collection along understandable lines (not going to divide a set!) to my nieces and nephew, along with documentation of what I found meaningful and why I collected, in hopes it will interest them.
Who knows, they may sell it. But maybe they'll keep and build on just like I kept and built on the collection of my grandfather.
Quote: I'm not married, no kids, have no coin-collecting friends, and none of my immediate family or other relatives are interested in coins. What do I do?
With those parameters, why do you care? It is simply an issue for your executor.
If I don't end up with any children or favored heirs to pass my collections to I think I'll have my coins and all my other antiques and collectables sold off in one massive, spectacular estate auction that would be talked about long after my demise by serious collectors.
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Posted 04/10/2018 7:47 pm
