If you knew you had less than 10 years to live, would you?

Sell your collection now, thin it out little by little (done that) put names of who you want them to got to on the coins, sell them all, keep them all,
buy that one coin you've always wanted and enjoy it (done that) ???????
What would YOU do?
buy that one coin you've always wanted and enjoy it (done that) ???????
What would YOU do?
Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
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I'd take the proceeds and have a pre-wake and then
do something I always just dreamed of doing and just do it.
"Keep your malarkey filter in good operating order" -Walter Breen
I would sell them and give the money to my family,of corse,it would take ten years to do so.
Brian
I have already lived longer than I thought I would.
I had planned on leaving my coins to my grandson, but I was informed that it would not be fair to the other two grandchildren.
(which of course it wouldn't be).
I too have thought about thinning my coins down, but instead I have started a couple more sets, adding
more problems to this situation.
At some point I will probably sell em all and blow the money at a casino since that is my second love.
When the doc tells me I have five years, I would sell off most of my collection.
If I have only a year or two to live, the entire collection goes.
Much more important.
siliconvalleycoins.com
somber thread...
<< <i>I had planned on leaving my coins to my grandson, but I was informed that it would not be fair to the other two grandchildren. >>
AU58, I hear ya. I have a special Granddaughter that was born 6 weeks before my Wife died. She is the special one, although I have two others as well. I feel bad thinking that way, but even my Daughter understands. Selling coins taking vacations. Yeah, been there on that other situation. Only problem is I don't think SHE has memories of the vacations now. I've put a few coins away with names on them. I've thinned out my collection.
Bottom line is these are just things that in the main scheme of things are really not that important.
Most will go soon enough, I think
So true
<< <i>"Bottom line is these are just things that in the main scheme of things are really not that important."
So true >>
Which is why I will say on this forum that it might not be a good idea to take this stuff so serious. Now wait a minute
<< <i>
<< <i>"Bottom line is these are just things that in the main scheme of things are really not that important."
So true >>
Which is why I will say on this forum that it might not be a good idea to take this stuff so serious. Now wait a minute
It is suposed to be a hobby, hobbies are suposed to be fun and relaxing. It is VERY HARD for me to take anything serious
at this point in my life. But then I not so sure if I have taken anything very serious since oct. 1966.
"Seu cabra da peste,
"Sou Mangueira......."
<< <i>MY LUCK WOULD BE THAT THEY WOULD EITHER FIND A CURE FOR MY PROBLEM OR SOMETHING LIKE THAT. AFTER I GOT RID OF ALL MY COINS AND FIND OUT I STILL HAVE ANOTHER 15 YEARS TO LIVE ! BUMMER >>
NO! NO!
Start over with a greater wisdom.
Best,
Sunnywood
Sunnywood's Rainbow-Toned Morgans (Retired)
Sunnywood's Barber Quarters (Retired)
I consigned all my expensive coins with my dealer friends and eventually they all sold. Of course I have outlived the three year time span they gave me.
I've got more than a few coins sitting in albums that are in the $500+ range and will eventually dispose of them, but they are such a small part of the program I am keeping them.
Doc still hasn't lost his sense of humor, every time I show up for the fun things like the prostate exam, he always exclaims, Mike I am surprised to see you.
If they got interested in coins, I would ask that they continue what I started and hopefully upgrade certain coins.
Just imagine the toning they'd develop under a rotting corpse... j/k
For the time being though, I'm hanging onto my coins, and even adding to them.
I collect the Liberty Seated Quarters, and they continue going up in price.
I see no reason to sell them, since I have a lot of life insurance to protect my family.
Ray
My greedy-arsed kids are gonna fight over everything else, so why take that bit of pleasure from them, too?
My OmniCoin Collection
My BankNoteBank Collection
Tom, formerly in Albuquerque, NM.
<< <i>I would sell my coins and move down to the Redneck Rivera and become a regular at the Fora-Bama . >>
LOL.... that's for me also!!
Seriously.... sell the coins definitely. Does not mean that I would give up coins completely, but it would not occupy the time that I devote to it now.
95% of the time your family does not share the same passion for coins that you do (well, I cannot speak for any of you... but I can say that is definitely true in my family). So why keep the coins and pass on to them?? They will probably sell for whatever they can get for them.... which means many will probably be sold for not near their true worth. They will be too pre-occupied with settling your estate, tending their own lives and problems, etc.
So I would dispose of the vast majority of my coins and put the money into other accounts (and perhaps still maintain a portion into gold and silver, which can be more easily sold/converted by my heirs).
With that money I would take as many trips as possible with my family members and or help my kids financially by paying off some of their debt etc.
My daughter was diagnosed with type 1 diabetes at the age of 2 (2003). My son was diagnosed with Type 1 when he was 17 on December 31, 2009. We were stunned that another child of ours had been diagnosed. Please, if you don't have a favorite charity, consider giving to the JDRF (Juvenile Diabetes Research Foundation)
JDRF Donation
you DO know how to spell my name correctly, right?
Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."
Take the money and go on extended vacation with my wife.
What do I care about the coins?
My personal time is more valuable.
"Bongo hurtles along the rain soaked highway of life on underinflated bald retread tires."
~Wayne
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
However, I now go to at least 3 coin shows a month and just can not stop purchasing coins I want but I probably will not appreciate for much longer. I have one son that has no interest in coins and knows as much about them as he does about Nuclear Fusion. As to what else this has effected I made myself a resolution to get rid of at least 1 item a day and so far for almost 2 years I've done just that and still to much stuff.
The question was if I knew I had less than 10 years left. The above is what I would do and am doing it.
Worrying about tomorrow only screws up today
no matter what happens enjoy each moment in life as it is, all in all it is your life you are experiencing and nobody elses
Some people live their whole lives looking for what might happen, instead of living what does happen
Possesions are meaningless when life is at stake, Don't worry about the family fighting over what's left , you can look down from heaven and laugh, just be happy
Da le lama Jim
Menomonee Falls Wisconsin USA
http://www.pcgs.com/SetRegistr...dset.aspx?s=68269&ac=1">Musky 1861 Mint Set
<< <i> Its amazing how quickly you learn to be honest with yourself >>
This comment, even though take a little out of context within this reply, is really the heart of the matter. Another point that maybe missed is the rate at which you'll die. If a quick ending is the plan, then great, party hardy that last year, but in the real world your not going to feel like doing much and the $'s tied up in your collection would be better spent on your comfort and care for both you and your loved ones.
I would concentrate on maximizing the values in selling the collection and use that money VERY wisely. This all relates to the quote, because there are people here who will not be here in ten. Whether it be life style, or fate, it is the truth. Things don't bring happiness, good decisions regarding family concerns do.
Camelot
I'm in my early 40's and in good health. I anticipate being here on Earth (not under 6 feet of it) in 10 years. That said, I have detailed instructions to my executor on how to divide or liquidate my collection for my heirs. That is a good thing to do no matter how long you may think you may be alive.
While I do spend "too much" (a relative term) on coins, it is not at the expense of living my life in a worse way than I would otherwise. I'd probably have some other hobby to spend money on, perhaps with less opportunity to at least maintain some of the capital expended. Regardless, I spend my time appropriately on all my obligations - work and family.
Now, if I knew I would be dead in 6 months - then I may start selling now...
I would double-up on pastrami.
As for my coins, I would sell-off some of them, and while I was still alive, I would give the rest away to my heirs.