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<p>[QUOTE="desertgem, post: 446259, member: 15199"]If you choose the wait until retirement method, there are benefits and there are problems.</p><p><br /></p><p> Pro: </p><p><br /></p><p>Your memory has faded on what you bought if your collection continued to grow, so going through the collection is exciting.</p><p><br /></p><p> By the time you get there, technology may be so much better, you can just tell your camera/computer what you want done and it will be. </p><p><br /></p><p> Newbies will be jealous of the "old timers" coins you bought for less than a night out on the town.</p><p><br /></p><p> It will invigorate your health and mental facilities ( if you still have them)</p><p><br /></p><p>CONS:</p><p><br /></p><p> You may pass on with out ever categorizing them for your family.heirs, who may be cheated because you never passed on your knowledge.</p><p><br /></p><p> You may forget to properly store them, and check on their condition, so some may be damaged.</p><p><br /></p><p> You may have put off buying the semikeys and keys and now face high prices on retirement income.</p><p><br /></p><p> There may be an information deluge because you didn't follow new discoveries and news.</p><p><br /></p><p>You can limit the problems by noting on the flip ( as loose or computer records can be lost or "crashed" ) date purchased, type-variety-whatever, cost, whether family should TPG before selling after your passing or who should get the coin (Uncle Fred).</p><p>If you are young ( under 45), you probably don't expect to die, but if you have a reasonable collection, the information above on the flip can help tremendously. It will come in handy for you, but it is mainly for your family and possibly limit any extra taxes as the government assumes the max.</p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 446259, member: 15199"]If you choose the wait until retirement method, there are benefits and there are problems. Pro: Your memory has faded on what you bought if your collection continued to grow, so going through the collection is exciting. By the time you get there, technology may be so much better, you can just tell your camera/computer what you want done and it will be. Newbies will be jealous of the "old timers" coins you bought for less than a night out on the town. It will invigorate your health and mental facilities ( if you still have them) CONS: You may pass on with out ever categorizing them for your family.heirs, who may be cheated because you never passed on your knowledge. You may forget to properly store them, and check on their condition, so some may be damaged. You may have put off buying the semikeys and keys and now face high prices on retirement income. There may be an information deluge because you didn't follow new discoveries and news. You can limit the problems by noting on the flip ( as loose or computer records can be lost or "crashed" ) date purchased, type-variety-whatever, cost, whether family should TPG before selling after your passing or who should get the coin (Uncle Fred). If you are young ( under 45), you probably don't expect to die, but if you have a reasonable collection, the information above on the flip can help tremendously. It will come in handy for you, but it is mainly for your family and possibly limit any extra taxes as the government assumes the max. Jim[/QUOTE]
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