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Liquidation of Coin Collection by Heirs of the Deceased
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<p>[QUOTE="10gary22, post: 1293440, member: 23626"]Man, seriously, if you are worried about it. You need to start selling the stuff yourself. Even at auction, there's no guarantee it will bring top or even FMV. Then there's the fees. They hit you for the catalog then final value, etc. A dealer can only pay wholesale if he wants to stay in business. If you want to get close to FMV, you gotta sell the stuff yourself, simply because you are the person with the knowledge to negotiate the price.</p><p><br /></p><p>I am setting aside the things I want my heirs to have that they expressed a desire for. The rest is being valued and sorted for sale now. I feel you can do better by your family than to leave them with the burden of disposing of YOUR pasttime. They will likely have enough to do disposing of you !Really, look at how hard it is on some families when someone passes. I think leaving valuables that likely you are the only person who knows much about for someone else to deal with is an unfair burden.</p><p><br /></p><p>Find out who wants what, bequeath that in a ill and trade away or sell the rest. Maybe keep those thing that are special to you. I know it's hard for a collector to sell a coin. I don't even like spending my change. But it is something to seriously consider. IMHO</p><p><br /></p><p>gary[/QUOTE]</p><p><br /></p>
[QUOTE="10gary22, post: 1293440, member: 23626"]Man, seriously, if you are worried about it. You need to start selling the stuff yourself. Even at auction, there's no guarantee it will bring top or even FMV. Then there's the fees. They hit you for the catalog then final value, etc. A dealer can only pay wholesale if he wants to stay in business. If you want to get close to FMV, you gotta sell the stuff yourself, simply because you are the person with the knowledge to negotiate the price. I am setting aside the things I want my heirs to have that they expressed a desire for. The rest is being valued and sorted for sale now. I feel you can do better by your family than to leave them with the burden of disposing of YOUR pasttime. They will likely have enough to do disposing of you !Really, look at how hard it is on some families when someone passes. I think leaving valuables that likely you are the only person who knows much about for someone else to deal with is an unfair burden. Find out who wants what, bequeath that in a ill and trade away or sell the rest. Maybe keep those thing that are special to you. I know it's hard for a collector to sell a coin. I don't even like spending my change. But it is something to seriously consider. IMHO gary[/QUOTE]
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