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<p>[QUOTE=&quot;chip, post: 747836, member: 19122&quot;]One of the things my father had collected were the old centrifugal clutch gas engines, they were often a main source of power on farms before the rural areas were electrified, he took them to shows and they had rigged up washing machines, corn shellers, and even a coining press on these to demonstrate them. We once talked about his collection, I had travelled with him to some shows, and he asked me if I wanted them after he was gone. I did not want to hurt his feelings but I told him that I went to those shows more to hang with him, that if he passed I would not really know what to do with those engines and would probably not be able to get a fair price for them.</p><p><br /></p><p>He sold them but about a year or so before he died he told me of a man who had an old model t, my father had always wanted one and offered the man 12k for it, the man turned him down telling him that he was keeping it for his son.</p><p><br /></p><p>Later he ran into a friend of his who invited him over to see the model t he got at an estate sale, when the man died his son sold the car at auction, it was bought for 3500, so I was glad that he sold his engines to people and he was able to get a fair price for them.</p><p><br /></p><p>As for my exit strategy, I have asked a trusted dealer who has shown exemplerary integrity if he would handle the sale of my coins for my heirs, he has agreed and I have left instructions on who to contact just in case. That is in case none of my children want them, they do not seem interested in them, but I probably did not seem interested in dads coins when he was collecting.</p><p><br /></p><p>Here is a good idea, leave a survivors letter, spell out things like who to contact to sell some things, spell out if you have multiple Iras, if you have safe deposit boxes, if you have bank accounts. Insurance policies, and other things.[/QUOTE]</p><p><br /></p>

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