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<p>[QUOTE="Tom B, post: 2096885, member: 11854"]I see and read about this situation with more frequency than might be expected. In general, there are two likely scenarios when building a collection for a future generation-</p><p><br /></p><p>1) The intended recipient has little, if any, interest in coins and thus does not appreciate the time, effort or expense put into the collection. Some of these folks feel obligated to attempt to continue the collection while others store it without thought. Either way, the collection and resources serve little purpose other than satisfying the person who built the collection.</p><p><br /></p><p>2) The intended recipient has little, if any, interest in coins and only sees the money that the coins can be turned into when liquidated. A fair number of folks who fall into this category will sell at the first offer and receive cents on the dollar.</p><p><br /></p><p>Of course, the third option is that the recipient immediately or eventually appreciates the gift and it brings them joy or financial benefit. However, think about what your folks were interested in and then determine which of their interests has sparked a flame in you. Anything? Probably not. I tell folks who want to leave coins to their kids to think about leaving bullion that is easily liquidated and has values that can be determined quickly and by most anyone.[/QUOTE]</p><p><br /></p>
[QUOTE="Tom B, post: 2096885, member: 11854"]I see and read about this situation with more frequency than might be expected. In general, there are two likely scenarios when building a collection for a future generation- 1) The intended recipient has little, if any, interest in coins and thus does not appreciate the time, effort or expense put into the collection. Some of these folks feel obligated to attempt to continue the collection while others store it without thought. Either way, the collection and resources serve little purpose other than satisfying the person who built the collection. 2) The intended recipient has little, if any, interest in coins and only sees the money that the coins can be turned into when liquidated. A fair number of folks who fall into this category will sell at the first offer and receive cents on the dollar. Of course, the third option is that the recipient immediately or eventually appreciates the gift and it brings them joy or financial benefit. However, think about what your folks were interested in and then determine which of their interests has sparked a flame in you. Anything? Probably not. I tell folks who want to leave coins to their kids to think about leaving bullion that is easily liquidated and has values that can be determined quickly and by most anyone.[/QUOTE]
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