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Liquidation of Coin Collection by Heirs of the Deceased
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<p>[QUOTE="Inquisitive, post: 1295174, member: 20698"]A story:</p><p><br /></p><p>My wife's great grandfather collected world coins & Franklin Mint issues. Finally now that silver went up, the family decided to sell, and I offered my help (Me and two Krause catologs). Turns out most were almost consistently low/circulated grade & worth melt (I kept the Thalers (worth slightly more) & Crown, as well as the Swiss coins for myself).</p><p><br /></p><p>But it doesn't end there. Getting top dollar for melt is only possible at a show, and the larger the better. A local dealer will only offer 60-70% (from my experience), and at a show one can get 90% or more.</p><p><br /></p><p>On my side of the family, one of my grandfathers was a collector (and provided me with my first coins way before I started), and the other was more of an accumulator. Their collections (hopefully) will not be sold (although my grandmother did "borrow" a few silver quarters for the washing machine:so-sad<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> without someone going through them first (and extreme need).</p><p><br /></p><p>As for myself, my spouse knows my user name here and password. If I should pass away (heaven forbid), she knows to come here and discuss the best way to liquidate, if that is the direction that she wants to go.[/QUOTE]</p><p><br /></p>
[QUOTE="Inquisitive, post: 1295174, member: 20698"]A story: My wife's great grandfather collected world coins & Franklin Mint issues. Finally now that silver went up, the family decided to sell, and I offered my help (Me and two Krause catologs). Turns out most were almost consistently low/circulated grade & worth melt (I kept the Thalers (worth slightly more) & Crown, as well as the Swiss coins for myself). But it doesn't end there. Getting top dollar for melt is only possible at a show, and the larger the better. A local dealer will only offer 60-70% (from my experience), and at a show one can get 90% or more. On my side of the family, one of my grandfathers was a collector (and provided me with my first coins way before I started), and the other was more of an accumulator. Their collections (hopefully) will not be sold (although my grandmother did "borrow" a few silver quarters for the washing machine:so-sad:) without someone going through them first (and extreme need). As for myself, my spouse knows my user name here and password. If I should pass away (heaven forbid), she knows to come here and discuss the best way to liquidate, if that is the direction that she wants to go.[/QUOTE]
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