My wife knows a couple people to contact and has some interest herself but it’d alk probably get held for my son until he’s older and hopefully he’ll develop an interest too
As an error collector, it is even tougher for me to find someone to leave them to as few people like errors. I have no children (yet), three nephews who don't really care and are all slobs who don't take care of things, a niece who couldn't care less. My brother is 10 years older than me, my 2 sisters (both older) don't care. My wife won't want them. I am 46. I honestly have no one close to me who would appreciate them, either family or friends. I am seriously considering leaving them to a University under contract that they always be permanently displayed. It is also why I wrote a book about my collection. Hopefully it will be published soon.
They will run not walk to the local dealer where they will get maybe 30 cents on the dollar...and I'm fine with that. This is STILL 30 cents on the dollar more than it is worth to them. I didn't put the collection together for them. I collect for my own satisfaction.
So here's the deal, I'm going to be burying my collection in a wooded area near my residence. I will leave instructions in a cryptic riddle to a good friend I have here on CT to post it in Coin Chat as soon as he knows I'm dead. At least, if I'm dead before him
I am lucky in that my family all share to some degree my passion for coins. They have precise instructions on what to do. - Keep the entire collection at the bank until they decide what to do: keep or sell - Refer to my constantly updated spread-sheet for approximate values. - Dispose of the coins, as needed, via the following channels: US and L.A coins via H.A, S&B, or Goldbergs. German and Roman coins at selected German auction companies.
Yesterday I received "The E-Sylum" email which referenced a book that is totally relevant to this thread. As a result of seeing it in E-Sylum I ordered it. Now today I see this thread. Hmmm... is Someone trying to tell me something? ;-) Managing & Settling a Numismatic Estate: How to Preserve or Dispose of a Coin Collection
My wife has a written document covering all accounts, debts, and this section about coins: Coins Sell the coins at auction. The easiest is Great Collections. If you go to the web site, and look at the top right, you will see Sell Coins. All you do is fill out a consignment form and send them all the coins. They prepare everything and manage the online auction. You should get back everything I paid for them.
My son revived my interest on collecting when he inherited his grandfather's collection. I now manage it for him, and I expect he will still be interested when I go. Do I don't have any worried there, thank goodness. Now I just have to get them better organized. You all have your collections under better control than I do. I still have some of the coins in plastic tubs.
Y'sure your family won't drink the wine before hauling the coins & art down t' the local flea market?
Just make sure she doesn't ship all coins in a single shipment . . . if something should happen to the parcel, she'd likely see no more than $25K back . . . no matter how she shipped it.
I really haven't given it any thought, though most of my immediate family knows I collect. They also know that nothing in the coin chest is "spending" money. I'm 35 and I thought I had my nephew hooked but alas the Nintendo Switch won. Maybe he'll pick it back up later in life.
It will be tough with both bankers and lawyers in my brood. My instructions will be NO instructions as hopefully if I live much longer the TPG and crooked and bought valuations will be recognized as anti-trust and the Principles will be paying me! Otherwise the kids need to know how to crack out and use Coinstar before the recession ruins America altogether
Heck, if they want to drink the wine rather than sell it, have fun. 160 bottles of classified growth Bordeaux. It'll take them a while....
All I got is a bottle of Famous Grouse and a twelve pack of Spotted Cow. It won't take my son long to polish that off.
I left similar instructions in my will but to contact Bob Marino of (HA) Heritage. But I'm thinking many of you have much more of a collection than I do. I would guess my entire collection would be worth only about $100k