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<p>[QUOTE="ranchhand, post: 160979, member: 2622"]one other thing i want to say about TPG:</p><p>What will happen to your coins when you are gone? (god forbid)</p><p><br /></p><p>you may have a family member that just brings them in and sells them for "melt" because they do not know better... If they are in a slab, graded, then they have a much better chance of knowing what the coins are worth.</p><p><br /></p><p>I have helped people liquidate coin collections that they inherited. Its amazing to see how bewildered people can get over a pile of coins. They can pick up a red book, but they may have no idea about the intricacies of grading, what cleaning is, etc. </p><p>One of the family's i helped, they where so afraid of the unknown that they kept EVERY coin that their passed relative had in the house, even his change jar! they had NO idea what to do, none of them did. The coin collection ended up being one more thing that they had to deal with, on top of the house (selling it) and making final arrangements... If i had not stepped in to help them they would have sold it for half of what i finally got them.</p><p><br /></p><p>After seeing this kind of thing happen, i decided to get most of my coins slabbed. I still purchase raw, and send in for grading. Its kind of fun for me actually. Some of my coins i keep in airtites, but I am clearly labeling every one of them with gold content, information, whatever. I also have detailed records of most all of my coin purchases, how much i paid, where i got them, etc.</p><p><br /></p><p>I am young, i don't think i need to worry to much about death right now, but accidents happen. I want to make sure my family, my wife, son, whoever gets my coins when i go has as much information as possible on what to do with them. If they choose to sell them, then i want them to get a fair price.</p><p><br /></p><p>Of coarse, i hope they keep them and discover the joy of numismatics, but thats their choice.</p><p><br /></p><p>I do not know your personal situation, you may have someone that you have willed your coins to that knows a lot about them. I just wanted to post this for others...[/QUOTE]</p><p><br /></p>
[QUOTE="ranchhand, post: 160979, member: 2622"]one other thing i want to say about TPG: What will happen to your coins when you are gone? (god forbid) you may have a family member that just brings them in and sells them for "melt" because they do not know better... If they are in a slab, graded, then they have a much better chance of knowing what the coins are worth. I have helped people liquidate coin collections that they inherited. Its amazing to see how bewildered people can get over a pile of coins. They can pick up a red book, but they may have no idea about the intricacies of grading, what cleaning is, etc. One of the family's i helped, they where so afraid of the unknown that they kept EVERY coin that their passed relative had in the house, even his change jar! they had NO idea what to do, none of them did. The coin collection ended up being one more thing that they had to deal with, on top of the house (selling it) and making final arrangements... If i had not stepped in to help them they would have sold it for half of what i finally got them. After seeing this kind of thing happen, i decided to get most of my coins slabbed. I still purchase raw, and send in for grading. Its kind of fun for me actually. Some of my coins i keep in airtites, but I am clearly labeling every one of them with gold content, information, whatever. I also have detailed records of most all of my coin purchases, how much i paid, where i got them, etc. I am young, i don't think i need to worry to much about death right now, but accidents happen. I want to make sure my family, my wife, son, whoever gets my coins when i go has as much information as possible on what to do with them. If they choose to sell them, then i want them to get a fair price. Of coarse, i hope they keep them and discover the joy of numismatics, but thats their choice. I do not know your personal situation, you may have someone that you have willed your coins to that knows a lot about them. I just wanted to post this for others...[/QUOTE]
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