I've been collecting for over 60 years. Not as an investment, just for the love of it. Over the years, I've assembled nearly complete sets of everything from Indian Head cents on up, as well as many older coins that were given to me by people who inherited them and knew I was a collector. My grown kids and grandkids aren't interested, so I'm trying to think of ways to give them to people who are. Local coin dealers seem interested mainly in buying silver coins at less than their intrinsic value to sell by the bag to investors. I don't need the money; I'm looking for ideas for how to get coins into the hands of those who will appreciate them. Thoughts?
See if you can join a local coin club. You can give them to the YN’s (young uns) and keep them interested in this fantastic hobby! If you have the time, enlighten them on the history and your experience!!! BTW welcome to CT.
The ANA is always receiving donations, from what I know they end up going to their YN program. They are always handing out coins as prizes for kids at shows and through online YN auctions. If it were my decision to donate my collection that's what I'd go with, but joining/contributing to coin club(s) is also a good idea.
I have collected for over 70 years and have a similar situation. I have 13 grand kids and 20 great grand kids. If it is not attached to a piece of electronics they are not interested. I have been doing special things to get them interested but can't compete with social media and games. We didn't have the distractions the young people have today. I'm with @Danomite suggesting a coin club. Perhaps Boy Scouts or Girl Scouts. However, I don't think we can compete with all the distractions. And, be careful about how you approach young people about this. Unfortunately, society today considers anyone doing something out of the ordinary to be a predator. IMO Welcome to CT. We will do our best to help.
@Inspector43 couldn’t have said it better. I never thought of the scouts but that is a great idea. I cherish my experience there and the fantastic folks that encouraged and taught me so much. Also, as 43 said, sometimes no good deed goes unpunished. It’s an unfortunate truth nowadays. Godspeed.
I had a bunch of coins that were extra or not in my interest area. Too inexpensive to list for sale so I gave them all to a local coin club to do with as they wish. Since they have a YN program I assume many of the coins went that way. BTW, the Boy Scouts no longer exist, at least not in the US.
Something that hasn't been mentioned yet, you can give them away to whomever you like right here on this forum. As for the recipients being one who would "appreciate them", well, being here seems to indicate they would be. But in the end it's up to you to decide if they would or not. And unlike buying, selling, or trading which have strict rules about how members must go about that, give-aways can be posted abut anywhere on the forum. There is however one rule when it comes to give-aways - there can be no cost to the recipient involved, not even for shipping. You, as the person giving the coin/s away, have to pay for shipping.
This is a very interesting thread so far. I have a LOT of coins, and I am getting old, and I do wonder what will happen to them after I kick the bucket. Maybe I need to find some younger fellow who would be willing to take on the chore of liquidating my collection, for a fee, and passing the money realized back to my widow. Any volunteers?
PM me. My club would love donations and would be used to sell to members to raise cash as our numbers are dwindling (old timers passing away). We would be glad to pay postage.
That is a great idea. Depending upon the quantity and relative value, the club could adopt a community service or charitable project and use proceeds for that. Your club would gain visibility and it may attract new members. I'm guessing based upon my 70+ years that only about 3 in 10 serious collectors belong to a club.
I keep thinking back to when I popped my umbrella for a lady leaving a store just as it started to poor. I thought she was going to call the police. I would have gotten a fine thank you in 1960.
You know any young people around your neigborhood. I got started when my older neigbore gave me a bunch of ikes and merc dimes
This is exactly why I give my coins to young people with an attached note as to why I'm doing so. And I never start up a conversation. I simply hand a flip with the note attached and walk away. Some times a parent and/or the youngster will later seek me out and thank me. Warms my heart to do so. BTW the note says: You have been gifted with these coins to encourage more people to collect coins, especially the younger ones. Our coins are artwork and tell stories of history. Go to https://catalog.usmint.gov/shop/coins-for-kids/ for more information. Enjoy your gift. A Friend
My local coin club uses these donations at our table at our and other coin shows as give-aways to possible YNs. Can't wait until we can get back to shows and club meetings again.
As GDJMSP stated there are folks on this forum that would surely be interested. Me for one. I would like to know more about how you went about collecting where I could pay it forward sometime in my future. I have two kids they I am trying to interest in my collection. Otherwise, I'm faced with a similar situation, but I'm not to the point where I don't need the money.
My club and I would be interested if you were to give them away. Congratulations on your accomplishment and bless you for your thoughts. Appreciation of the art and history that can be held in your hands. I will pay for postage and insurance.
Attached, for what it is worth, is a link to my attempt to get the grandkids and great grandkids interested. I made more than 20 "Family Tree" type sets and handed them out to the kids. Some are not old enough to understand yet. https://www.cointalk.com/threads/what-to-do-with-my-accumulation.341614/