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<p>[QUOTE="KBBPLL, post: 26678713, member: 104064"]So your question is, what should you put in your will? Or what should you do with them now? Or what do we think will happen to our own coins? Or? </p><p><br /></p><p>For myself, I don't think about it that much. When I'm gone, I'm gone. It seems like what happens to coins when they get passed along depends on the recipient's circumstances. How sentimental are they, do they need the money, do they have any interest in the hobby, and how big is the collection versus how many times they move and have to lug them around, how much storage space do they have, that sort of logistical thing. </p><p><br /></p><p>From my family's experience with my grandfather's coins, they were split among two siblings and two cousins shortly before he passed away. The volume was relatively small (maybe 200 coins each) and financially it never really mattered to any of the five of us. My brother and I took an interest in coin collecting for a couple years in early high school, then dropped it. Nobody else did, they just got put into 2x2s and albums and haven't been touched since. I'm the only one who got back into it later in life. 50+ years later all five of us still have grandpa's coins though. </p><p><br /></p><p>I think something similar would happen with mine. My two kids don't currently have any interest in it. But they would probably keep them as dad's and great-grandpa's coins (although they never knew him). One (or both?) kids might develop an interest later. </p><p><br /></p><p>I forget whose major collection it was, but someone had a provision in their will that the coins couldn't be sold until 25 years after his death. I thought that was interesting. Gave them plenty of time to think about it! </p><p><br /></p><p>As far as the hobby and young people, I bet there's a retro resurgence sort of thing coming. Look what happened with vinyl records. They all but disappeared and now all the cool kids have a turntable and records again.[/QUOTE]</p><p><br /></p>
[QUOTE="KBBPLL, post: 26678713, member: 104064"]So your question is, what should you put in your will? Or what should you do with them now? Or what do we think will happen to our own coins? Or? For myself, I don't think about it that much. When I'm gone, I'm gone. It seems like what happens to coins when they get passed along depends on the recipient's circumstances. How sentimental are they, do they need the money, do they have any interest in the hobby, and how big is the collection versus how many times they move and have to lug them around, how much storage space do they have, that sort of logistical thing. From my family's experience with my grandfather's coins, they were split among two siblings and two cousins shortly before he passed away. The volume was relatively small (maybe 200 coins each) and financially it never really mattered to any of the five of us. My brother and I took an interest in coin collecting for a couple years in early high school, then dropped it. Nobody else did, they just got put into 2x2s and albums and haven't been touched since. I'm the only one who got back into it later in life. 50+ years later all five of us still have grandpa's coins though. I think something similar would happen with mine. My two kids don't currently have any interest in it. But they would probably keep them as dad's and great-grandpa's coins (although they never knew him). One (or both?) kids might develop an interest later. I forget whose major collection it was, but someone had a provision in their will that the coins couldn't be sold until 25 years after his death. I thought that was interesting. Gave them plenty of time to think about it! As far as the hobby and young people, I bet there's a retro resurgence sort of thing coming. Look what happened with vinyl records. They all but disappeared and now all the cool kids have a turntable and records again.[/QUOTE]
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