If you passed away unexpectedly, what dealer/dealers would you want your family to deal with?

mdwoods

Based on recent events, and the ignorance of everyone else in my family regarding coins, this is something I must take into consideration. I don't plan on falling over, but I found out it could happen. What dealer or dealers would you want your family to deal with? You can PM me if you don't feel comfortable because you might leave someone out. Forgive me in advance, this has probably been asked before. I have a couple in mind already, but it never hurts to get opinions from those in the know. Thanks, mdwoods

Fairlaneman

One and One only. A Local Dealer located in Vancouver, WA. He knows Me , He knows whats in My Collection and I believe He would treat the Wife and Kids Fairly. Instructions already have been given that if for some reason I Kick Off go to him.

Ken

DesertLizard

Interesting topic.

One of the things that amuses me to no end is when people collect or hoard coins for their "grandchildren". Look if they are not into collecting all they will do is sell grand-daddy's nasty dirty old coins as fast as they can. They did not pay for it so they will sell at whatever. I have seen this happen time and time again.

Please don't ever be deluded into thinking others will share the passion. Or believe they will "not sell". Or they will sell to the person you identify.

I have seen people hang onto summer homes they could barely afford so they could give it to their kids or grandkids. Well when they kicked, the kids had the property up for sale lickity split.

As for my "modest" collection I have a list of 4 dealers and 1 auction house [not Stacks or Goldberg!!!]. I figure that will be a good start but frankly after I am gone it really does not matter!!

LucyBop

And who sez Lucy wouldn't be buried with her Registry sets, her 56 Belair, her 2002 Turbo S, her Doowop & Rockabilly collection, her Betty Boop collection, Her Golden age comic book collection, etc, etc, etc.

mdwoods

Cause, Lucy sounds like a true collector. Someone who would never allow such a thing to happen. mdwoods

RegistryCoin

Mitch/Wondercoin, without the slightest hint of a doubt!
He darn well better outlive me. His efforts would be, in my opinion, unmatched and irreplaceable.

rkfish

It is explained in writing, how and why to contact PQPeace (Larry Shapiro). Larry, I know, would get the most money for my collection for my wife and family and I would do the same for his if such a tradegy should occur! So.....no dealer (no offense), just a fellow collector/good friend!

boiler78

Bowers and Merena without a doubt.

RELLA

Mitch here also, and/or Andy Skrabalak (probably a split with certain coins going to each)...in a heartbeat. No other dealer would even be considered.

RELLA

fcloud

I think I would tell them to start a thead here and ask for advice...

HuliganRS

Lucy,
You drive a Porsche?

Rusty.

oreville

David Bowers without a doubt. He is older than I am. After he retires or passes on I would like to know who will be the next one to replace him in his firm. I would like to see Bowers starting to think of that earlier than later.

The other firms while I might consider using on a selective basis while alive will not get my business after I am gone. But then after I am gone, no one can get my business anyway?

LanLord

Hadn't much thought about it.

If/when I croak, would ya'll mind if I had the wifey contact this board for a fair shake?

beorn

i,m with lucy,bury my hoard with me

gsaguy

My wife has been instructed to split my collection evenly among forum members Toneddollars, Gemtone65, and ArtR. If I forgot anyone, please let me know and I'll add your name to the list!

But just to warn you all, in the event that I die from suspicious circumstances, like trying to commit suicide by swimming across the Mississippi with a tractor tire chained to my body, all bets are off!!!!

GSAGUY

Luvdawgs

I'd like my husband to contact some board members for advice. Also, there are a few Canadian coin dealers I would advise my husband to contact for the Canadian part of my collection.

RELLA

Just to add slightly to the scope of the thread...four dealers I would NOT want to handle my coins directly: B&M, Heritage, and the two Davids (DHRC & DLRC)...and by no means am I saying that one should not buy from them just that I personally would not want them handling/selling my coins under the circumstances mentioned in this thread (in other words without the direct interaction of one who is very knowledgable about coins). Any questions about why I feel this way? I would be happy to discuss them via PM.

RELLA

cacheman

I was slapped across the face with this very predicament last month when I found myself in the emergency room being zapped three times to put me among the living again. It happens, and obviously when we least expect it. After returning home I thought about this very question and decided I would want my wife to contact Jon at Rare Coins of New Hampshire. He knows most of my collection and I know and respect his, and RCNH's, integrity.

One other thing I did after returning home from the hospital was show my wife my stash of unopened GSA Morgan boxes. I then explained to her NOT TO OPEN them to see what was inside. This was guaranteed to happen if I were now pushing up flowers. CM

oreville

I forgot to state that I would want Michael Walsh to auction off my Canadian, NFLD and PEI coinage.

DesertLizard

Cacheman,
Glad to see you made it and can still kick dem daisies instead of push dem up!

dl

Dahlonega

Dealer Al Adams [Gold Rush Gallery] but, some important coins go back 20 - 30 years and I have left notes for my wife or family to contact select individuals [with phone numbers,etc] for specific coins they have wanted over the years. I really would like most of them to go to collectors I have known and respected over the years. Cacheman glad you're doing well.

supercoin

I would like them to make a deal with the Devil -- hopefully he'd send me back in exchange for a few toned Ikes.

stman

Gsaguy, heck I'm not bashful go ahead and add my name to the list.

I've heard of your great coins and hope to see them someday in person. Not really in this manner but

Stman

gsaguy

Stman,

I hear ya, but I'm now considering Supercoin's suggestion.

And ya know, to think of it, a lot of my coins do look like they've already been through a fire!

GSAGUY

wallstreetman

I would hope they would use common sense and leave dealers out of it!

TONEDDOLLARS

Long live GSAGUY. I would also tell my wife to get in touch with you. I'm talking coins only, so everybody get your mind out of the gutter.

Higashiyama

WSM -- not very practical unless they are knowledgable, or have trusted friends who are.

RotatedRainbows

My wife has been instructed to split my collection evenly among forum members Toneddollars, Gemtone65, and ArtR. If I forgot anyone, please let me know and I'll add your name to the list!

gsaguy, I sell you a coin from my collection and now you won't even return the favor after your gone!!!

gsaguy

I knew I'd forget someone.....okay RR, you're on the list as well!

GSAGUY

EVillageProwler

I would leave my collection's disposition to two friends of mine who are also excellent numismatists (and have very valuable collections too!) in their own right.

The three of us know each other's collections extremely well; every new coin we've gotten in the past few years have been shown to the other two right away. We even have some favorites that reside in one of the other two collections that are certain to stay within ``the family'' of the remaining of the three of us.

The three of us lend each other money to buy coins, and will actively seek out choice coins for the other collections.

EVP

09sVDB

My wife knows the dealer I buy from most of the time. If anything did ever happen she would go directly to him.

clevegreg

Well I guess I need to amend the old Will again....geeshh Bryan, I had everything going to you, but if I am not even on your list of people to SPLIT your collection up to...well...well...LOL

Greg

shortdj

Very good topic. My wife would still have NO idea on how to dispose of my collection. I have an inventory log of all the coins and their RETAIL values next to it as a base idea as to the value, but ofcourse when selling your coins to a dealer you aren't going to get anywhere near retail prices for them. Would be lucky to get 60% to 80% for them. Basically she can take the bottom line and subtract fron that on what % he is willing to pay. So if I have $10k, she can get $6k to $8k.

Terrible thing to even think about. Hopefully she could get on ebay and realize better profits than that!

CharlieB

My two good friends Julian Leidman and Jay Cline would handle things.
Already discussed with them. And yes this is very good topic that
should be taken seriously by all. First picture your collection spread
out on a table. Then picture a bunch of human vultures around the table.
Then think about this topic again.

griffin6

Without recommending anyone, let me emphasize the importance of having a plan. None of us like to think about our mortality, but do YOUR heirs know anything about coins? I edited The Rare Coin Estate Handbook during my last year at Heritage. It's pretty even-handed in outlining issues and options despite its obvious thrust to generate future auction business for them. If you want one, you can get one off their website pretty inexpensively.

Flash

I don't care what anybody does with my coins when I'm gone, since they will no longer be mine. I'm not going to worry about something that will happen after I'm dead.