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<p>[QUOTE="kaparthy, post: 7804053, member: 57463"]Records are important because memories fail. It is a matter of how much you invest in and of yourself in your hobby. I do keep necessay records, the details are on the insert of the 2x2. But the basics are in a spreadsheet and my wife knows how to get it and where the latest printout is. (And it's an annual thing with the paper.)</p><p><br /></p><p>HOWEVER... You are not keeping records just for yourself. See here:</p><p><a href="https://www.cointalk.com/threads/coin-inheritance-and-i-have-lots-of-questions.338557/#post-3514500" class="internalLink ProxyLink" data-proxy-href="https://www.cointalk.com/threads/coin-inheritance-and-i-have-lots-of-questions.338557/#post-3514500">https://www.cointalk.com/threads/coin-inheritance-and-i-have-lots-of-questions.338557/#post-3514500</a></p><p><br /></p><p>and here</p><p><a href="https://www.cointalk.com/threads/cash-in-your-coins-book-review.254755/" class="internalLink ProxyLink" data-proxy-href="https://www.cointalk.com/threads/cash-in-your-coins-book-review.254755/">https://www.cointalk.com/threads/cash-in-your-coins-book-review.254755/</a></p><p><br /></p><p>The new Third Edition takes a different approach. More on that later. The point is that as Beth Deisher tells it, a woman who called her desk at<i> Coin World</i> was never involved in her husband's hobby until he passed away and then she was at a complete loss.</p><p><br /></p><p>... and "complete loss" is what will happen when your heirs just dump it all on some hapless coin dealer who has no realistic recourse but to offer the lowest prices.[/QUOTE]</p><p><br /></p>
[QUOTE="kaparthy, post: 7804053, member: 57463"]Records are important because memories fail. It is a matter of how much you invest in and of yourself in your hobby. I do keep necessay records, the details are on the insert of the 2x2. But the basics are in a spreadsheet and my wife knows how to get it and where the latest printout is. (And it's an annual thing with the paper.) HOWEVER... You are not keeping records just for yourself. See here: [URL]https://www.cointalk.com/threads/coin-inheritance-and-i-have-lots-of-questions.338557/#post-3514500[/URL] and here [URL]https://www.cointalk.com/threads/cash-in-your-coins-book-review.254755/[/URL] The new Third Edition takes a different approach. More on that later. The point is that as Beth Deisher tells it, a woman who called her desk at[I] Coin World[/I] was never involved in her husband's hobby until he passed away and then she was at a complete loss. ... and "complete loss" is what will happen when your heirs just dump it all on some hapless coin dealer who has no realistic recourse but to offer the lowest prices.[/QUOTE]
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