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<p>[QUOTE="Curtis, post: 8268428, member: 26430"]Thanks! Yeah, that's always a big issue. What I want to know is how many museums have sold their coins anonymously because they don't want to deal with the controversy around de-accession!</p><p><br /></p><p>I've been trying to find an excellent old article in <i>The Celator</i> by Alan S. Walker (always entertaining) about planning your numismatic estate and any museum donations. (Anyone remember it?) He pointed out that it's important to state very explicitly what can and cannot be done with your coins and who pays for upkeep...</p><p><br /></p><p>Sometimes it's a good idea to let the museum sell them to pay for upkeep and people often donate with that in mind. But sometimes you want coins that are valuable for scholars to be kept together -- in which case you have to make sure the institution can afford to keep them! (That was why the Massachusetts Historical Society sold the John Quincy Adams Collection in 1971 -- they couldn't afford the security to exhibit or make them available to scholars.)</p><p><br /></p><p>The Huntington Collection is interesting because the ANS fought for years to keep the Hispanic Society of America (a related institution) from selling. Originally Huntington had very strict terms on what could be done with the coins, so I forget how HSA was able to sell them. Then many thousands were bought back and re-donated to the ANS in 2012-3... And hundreds (or 1,000s?) were sold AGAIN! (This time proceeds going to ANS not HSA.) But apparently the terms allowed duplicates to be sold.[/QUOTE]</p><p><br /></p>
[QUOTE="Curtis, post: 8268428, member: 26430"]Thanks! Yeah, that's always a big issue. What I want to know is how many museums have sold their coins anonymously because they don't want to deal with the controversy around de-accession! I've been trying to find an excellent old article in [I]The Celator[/I] by Alan S. Walker (always entertaining) about planning your numismatic estate and any museum donations. (Anyone remember it?) He pointed out that it's important to state very explicitly what can and cannot be done with your coins and who pays for upkeep... Sometimes it's a good idea to let the museum sell them to pay for upkeep and people often donate with that in mind. But sometimes you want coins that are valuable for scholars to be kept together -- in which case you have to make sure the institution can afford to keep them! (That was why the Massachusetts Historical Society sold the John Quincy Adams Collection in 1971 -- they couldn't afford the security to exhibit or make them available to scholars.) The Huntington Collection is interesting because the ANS fought for years to keep the Hispanic Society of America (a related institution) from selling. Originally Huntington had very strict terms on what could be done with the coins, so I forget how HSA was able to sell them. Then many thousands were bought back and re-donated to the ANS in 2012-3... And hundreds (or 1,000s?) were sold AGAIN! (This time proceeds going to ANS not HSA.) But apparently the terms allowed duplicates to be sold.[/QUOTE]
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