Reply to Thread

Message:: [QUOTE="chip, post: 658839, member: 19122"]I do not know the terms of your dads will, you did not state what they were, but if you are the executor of his will, know this, whatever your dads collection is worth in sale to a dealer is worth more to you in not only retail value but in sentimental value. A dealer may give you a thousand dollars for the collection, but if you were to try to buy one like it, it may cost you twice that much.  When my dad passed away, suddenly from a stroke, I also had to deal with liquidating the estate and a large part of this dealt with the coin collection he had accumulated through the years.  One of the things that needs to be done is to appraise the value of his collection, first you should not go into the process blindly, what are some of the coins he has? does he have a list with conditions and prices he paid? Does he have business cards of dealers he dealt with?  In my case my dad accumulated the better part of his collection during the mid to late 60s, there was no contacts that I could trace. If your dad was active in collecting you may be able to trace some of his sources.  Ask to meet with them. Go with an open mind but be open to your gut feelings, ask them about his collection, about how he felt about it, what it meant to him. If they were his friends they will be very valuable resources to you in disposing of his coins.Like I said, trust your gut instincts sometimes, more than what people tell you.[/QUOTE]