 Inherited want to liquidate
My Dad left me a substantial U.S. numismatic coin collection (mostly morgan and piece silver dollars) as well as Mexican olympic 25 peso a mexican silver. I want to keep type sets of the U.S. coins and liquidate the 1968 Mexican olympic 25 peso silver (Type 1, 2, and 3), the proceeds, of which, will go to a family home for the benefit of our children and grandchildren (to honor my Dad's legacy...he was 98 and had been collecting for thirty or more years). I will continue to collect and expand on the U.S. Coin collection.
My questions are these:
1. When does this hobby become a business with accounting appropriate to that endeavor (i.e. capital gains, expenses, income, profit...etc.)?
2. What are the best media (2x2s, airtites, flips, etc.) to place (safely secure) these coins for sale and shipment?
3. Should I consider coinbug or others (don't think i have the value or quantity for Heritage) over ebay...have read about the hassle of ebay.
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