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<p>[QUOTE=&quot;earlyrarecoins, post: 1293657, member: 15054&quot;]I will assist you in the exact steps you need to take.&nbsp; If it is your intention to pass this collection on to someone else so that they may liquidate the collection, you must be prepared to do a bit of work.&nbsp; </p><p><br /></p><p>You must keep a journal and record the purchase price of each one of your coins.&nbsp; If you keep the same coins in your collection for several years, go through and adjust the approximate value of each coin every 6 months.&nbsp; If you want to do it the right way, you will do this.&nbsp; </p><p><br /></p><p>You cannot leave it up to a &quot;trusted&quot; dealer, even if you know them well.&nbsp; You cannot trust anyone.&nbsp; You cannot know how people&#039;s motivations will change over time. A lifelong friend might decide to rip off your children in a heart beat.&nbsp; You must record the value of your own collection.</p><p><br /></p><p>You must make a notation of any varieties.&nbsp; If you collect bullion coins, you must mark down which coins are silver etc.&nbsp; You must physically write down that silver coins should be sold for very close to the spot price under any circumstance.&nbsp; </p><p><br /></p><p>You must physically write down &quot;do not clean or alter coins in any way.&quot; Do not say it in person, you need to write it down. People will forget, or not understand you correctly.</p><p><br /></p><p>Compile a list of dealers that you would advise trying to sell your coins to. Or if you would go the auction route, advise them on which auction houses to use.&nbsp; Make it very clear.&nbsp; People will do things you would never think of. Sell them at a garage sale, or who knows what.</p><p><br /></p><p>Now they are empowered with the approximate value of the coin from yourself, and they have contacts to sell the coin to.&nbsp; They will have a clear understanding of what not to do as well.&nbsp; If you care about passing your collection on to your family, you will have no trouble with this small burden.[/QUOTE]</p><p><br /></p>

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