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Old 01-09-2009, 09:46 PM   #15 (permalink)
Just Carl
Numismatist
 
Join Date: Nov 2005
Posts: 4,474
I'm not sure just how you collected those coins. If they went through an attorney, there is that record of you collecting those coins as an inheritance.
If you were just handed them by someone in the family or someone just opened a safe box, or you were named in a will to get a bunch of STUFF. If there is no accurate record of you receiving those coins, you couldn't be hit with any kind of inheritance tax. Not meaning to be giving you tax evasion advise over the internet, but just who knows what you got.
People take inheritance coins all the time and just go to a coin show and sell the entire mess. You should really contact an atorney and preferably the one that may have handled the estate. In every state there are different laws as to inheritance, sales taxes, capital gains of long term, short term, etc., etc., etc.
When my son gets my stuff someday, he will just go to my safe deposit boxes. They all have his name on them. Everything in them is now his.
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