Putting a Value on My Collection

I agree, I hope he is. But he'll be coinless if he liquidates now.

 

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As with eBay, Great Collections has its place. It is good for common coins with a wide collector base. It is not good for a specialized high grade rare collection. It just does not have the market for a high-value collection. As with all sales you must choose the proper venue for the proper collection.

 

Interesting read. Its surprising to see posts about not caring what heirs receive for a collection. If it's worth $20k and they only get $1k is that a win? What it's worth to them is meaningless because they're uninformed! As collectors even we struggle to figure out accurate values as this thread shows. All that matters is what the collection is actually worth versus how close the offer comes to that. Anything less is called "getting ripped off". Anybody that has $20k cash they don't care about their family getting can send it to me and I'll pay you a full $2k back to give to them. If you love that deal I do too. Screw it, I'll send you $3k back!

I think the best thing to do as others have mentioned is possibly take it all out and figure out what you must keep till you're gone and try to pair down the rest. At least let go of some of it and maybe the rest doesn't even need to be sold? Maybe the rest can be handed down to a generation that isn't born yet.

I guess I don't understand why when someone passes away, anything of any value MUST be liquidated immediately so the money can be blown on worthless BS as fast as possible? How did the people survive the year before?