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<p>[QUOTE=&quot;jafo50, post: 2991843, member: 90633&quot;]The general consensus on CT is that coin collecting is a hobby as Garlicus already stated. In your case MnMSnow your financial basis is $0 since the collection was inherited so anything that you sell is 100% profit. I&#039;m in a similar situation with my own inherited collection. I would suggest that you start slowly and sort out any duplicate coins in your collection. Selling those lower grade duplicates will help generate some cash and give you time to collect your thoughts on the rest of your collection. If you decide to continue collecting the cash will certainly help fill in the holes in the collection.</p><p><br /></p><p>The bigger issue is that every coin type is being counterfeited today which is very scary. Some counterfeit coins are so good even the experts are fooled. So if you enjoy the hobby then trek on. If you are concerned with the collection losing value over time then formulate a liquidation plan.</p><p><br /></p><p>Good Luck</p><p>Joe[/QUOTE]</p><p><br /></p>

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