We're all gonna DIE

A neurologist who died from Covid-19 left his family a sports card collection worth $20 million. For over four decades, the doctor from Florida avidly collected baseball cards and sports memorabilia with some items dating back to the 1880s. Now, his collection, which is valued at $20 million, is going up for auction.
https://www.cnn.com/2021/05/20/us/newman-baseball-collection-auction-trnd/index.html

I'm curious to know if you already took some "arrangements" about your coins' collection in the event of your death. Or maybe you just want your family to liquidate it in a big yard sale ? Please give me your answer about this question.
In conclusion, I'll post a coin of one of the most ancient coins collector. It was a tradition in ancient Rome and Greece to offer coins as gift during some festivities.Ovid, a roman poet who was a contemporary of the first emperor of Rome, reported in his writings that Augustus perpetuated such a custom. The historian Suetonius recorded the same thing about him : « On the Saturnalia, and at any other time when he took it into his head, he would now give gifts of clothing or gold and silver :again coins of every device, including old pieces of the kings and foreign money ». The story doesn't tell what happened to his collection when he died...

 

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Hmmm. Bury me somewhere in Gaul in Roman legionnaire clothing with all my coins. Hope I’m not found for a while. Future historians think I’m Roman. Win!

 

For many of us an extremely relevant question. My daughters (2) are not collectors, so I have started to try and document any coins I have that are worth more than face or melt value, and to sell off some of them. My only outlet for selling was a "bid board" at a local shop. With the pandemic, this is off for awhile, but I look forward to continuing hopefully in the near future.

 

We have 13 (#14 due in November) Grandchildren. We have 21 Great Grandchildren. These are offspring's of our 6 children. The have all been indoctrinated in minimum coin and stamp collecting values. Each of the grandchildren and great grandchildren have nice collections started by me. They regularly get additional pieces. I don't buy them any US Mint products anymore. I don't buy myself US Mint products anymore.

I hope the entire family will have enough knowledge of the value of my collection when I go that they will treat it with respect somehow.

 

I heard that Miss Judy is taking good care of you, so you should be able to enjoy another 25 years of collecting !

 

Oh yes. I plan on that.

 

I collect sports cards also so that article was an interesting read.

When I get older, I would want to get my future kids interested in collecting so they could enjoy them and not just sell them to a dealer. If they don't seem interested, I'd find someone really enthusiastic about coins and give it to them.

 

This is a question I've been pondering more and more of late. My one son has no interest, and the other plans to retire in Europe, but might have some interest.; I'm afraid that much of my collection could be confiscated once he removed it from the U.S.

I do not need the money, but I would hate to see my collection sold at some estate or garage sale. And probably the majority of my collection wouldn't garner a second look from auction houses or the larger sales venues. I tried selling off a few coins a couple of years ago, but it was too much to keep up with and it broke my heart to sell many of the coins.

So to answer your question - I don't know!

 

Mine will probably go back into circulation. Anyone i talk to about coins, has zero interest.

 

Sorry @Matthew Kruse , but sure why i responded to you, on that one, lol. Have a great night!

 

Its fine lol. But don't let them go back in circulation! I'll buy them from whoever you give them to

 

"old pieces of the kings"? I wonder what he meant, given that there was never any such thing.

 

..actually, ALL of us....just some sooner that others......but yeah... i had written in one or two coinholders a note(along with the coin) saying who wanted it and how much...everyone should have a strategy plan for whoever inherits the collection...now if that party chooses to do it, is another question and one we really won't be worrying about then...

 

In the past, this book has been recommended. I bought one on e-bay and ended up with a signed edition!

 

I really enjoy the coins that I acquired from you! Thank you, they are cared for.

 

Along with my will, I have written instructions for financial matters to my family which includes information about my collection, like my records, who to contact about disposing of it and especially not to just call a coin shop or a “we buy gold and coins” ad.
I felt so prepared when I reviewed the instructions with them one Thanksgiving. But they were strangely somber and quiet as I finished. I realized I had forgotten to start the discussion by saying I was fine but just wanted review this with them!

 

Hershey will get mine.

 

Since I am currently unmarried, my Daddy that raised me and my baby sister would value and do right by my collection. My cousin's children, well I am trying to teach them the value and if they learn and stick with it then I would like to include them. However, should I get married to my BF, then I would leave it to him. He has a love and appreciation of coins and medals just like myself.

 

Curious and realistic thread. In fact, my wife keeps asking me " What are you going to do with all your coins, after all ? ". I chose the most expensive 20 coins and artifacts in my collection, and put them in one big box. Others were also saved in others boxes, depending on categories. I made it easy for them to deal only with 20 items at first.
But that's just the worst possibility. I believe I shall survive and collect coins and attractive items till the end of the world.

 

My collection will probably wind up at auction. Lots of junk/crap that
only I appreciate. I've already sold off some, the tip of the iceberg.