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OUCH!! I sure didn't see THAT coming!! - - UPDATED!!

DBSTrader2DBSTrader2 Posts: 3,498 ✭✭✭✭
A few weeks ago, my Mother-in-Law, who was going thru her house cleaning up in preparation for selling it, came across 7 Morgan & Peace silver dollars.

Knowing I collected them, she gave them to my wife to give to me.

I already had all the dates included, but I managed to hook up with a fellow Forum member whom I had dealt with previously, and we did a date swap so that I could fill more holes in my Whitman folders.

From there, I caught the silver bug! I cashed-in my 40% halves, sold-off my Darkside silver coins, and purchased a bunch more dates which I needed to fill more holes.

Because of the swap & sales, I managed to add a decent number of new coins to my folders at very little net cost to myself. I have little or no extra silver left now with which to purchase any more silver dolars, but figured I was pretty much done for a while anyway.........


So anyway, today my Brother-in-Law and his family came in for the holidays, and we all got to talking about what pieces of furniture, dishes, pictures, one-of-a-kind items, etc we each wanted from the house, since my Mother-In-Law isn't taking everything with her. In the course of the conversation, my Brother-in-Law says of his old room/furniture..."and I have a bunch of silver dollars in one of the drawers...."image

UH, OH!!

Later on, I approached my Mother-in-Law when she was alone and asked if the ones she found & gave me might have come from his old room. "Maybe..." was her response.......

Nothing more was said about the coins the rest of the night, but it sounds like I will need to raise and spend a few bucks to "restore" his coins to the drawer, since the originals are long since traded away for dates I needed.... And, of course, the price of silver has continued to skyrocket since this whole thing began......

I sure didn't see all THIS coming!!imageimage

Comments

  • Yep, Morgans and Peace dollars are the crack cocaine of numismatics. Get some help.
    Improperly Cleaned, Our passion for numismatics is Genuine! Now featuring correct spelling.
  • mingotmingot Posts: 1,807 ✭✭✭
    painful as it may be, I'd just give the ones you got in the swap back to your mother-in-law and ask her to tell your brother in law what happened. But man, that must hurt.
  • fcloudfcloud Posts: 12,133 ✭✭✭✭


    << <i>painful as it may be, I'd just give the ones you got in the swap back to your mother-in-law and ask her to tell your brother in law what happened. But man, that must hurt. >>



    diddo.

    President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay

  • DBSTrader2DBSTrader2 Posts: 3,498 ✭✭✭✭
    His were all common dates & he's not concerned with dates/mintmarks other than to say he "has some as old as the 1890's" - - they should be relatively "easy" to replace with similar date/mintmark/grade, rather than me having to remove any of my new coins from my collection, it's just that it's an added, unexpected expense...

    Oh, well... such is life!! image


    - - Dave
  • keyman64keyman64 Posts: 15,540 ✭✭✭✭✭
    yikes!
    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    That is a revolting development.... sometimes, something good goes awry,..... Cheers, RickO
  • LeeBoneLeeBone Posts: 4,614 ✭✭✭✭✭
    image

    image

    image

    At least you ended up filling some of the holes in YOUR album image
  • pmacpmac Posts: 3,189 ✭✭✭
    Time to sit down with your brother-in-law and tell him the whole story. Be ready with some payback scenerios and let him have some input as to reparations. Any sneaky hanky-panky will turn around and bite you where it hurts.
    Paul
  • DoubleEagle59DoubleEagle59 Posts: 8,378 ✭✭✭✭✭
    Just write him a check.
    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • OldEastsideOldEastside Posts: 4,602 ✭✭✭✭✭
    Fix it now, fix it now!

    when I was ten, I got into my older brothers 1964 mint set and spent it.
    I got into trouble and the belt, over the years I replaced the 64 mint set
    plus he got a 55 mint set, his B-Year, a 55 proof set, a 55 set I cherry picked
    with a BB Half, full step nick, etc. etc. that I put into a capital holder, his three
    sons also got there B-year proof & mint sets.

    All that plus the BELT, for a 64 mint setimage

    Steve
    Promote the Hobby
  • curlycurly Posts: 2,880


    << <i>Fix it now, fix it now!

    when I was ten, I got into my older brothers 1964 mint set and spent it.
    I got into trouble and the belt, over the years I replaced the 64 mint set
    plus he got a 55 mint set, his B-Year, a 55 proof set, a 55 set I cherry picked
    with a BB Half, full step nick, etc. etc. that I put into a capital holder, his three
    sons also got there B-year proof & mint sets.

    All that plus the BELT, for a 64 mint setimage

    Steve >>



    I don't care what the pros say, brother. Sometimes a whuppin' makes us all better men.
    Every man is a self made man.
  • RichRRichR Posts: 3,930 ✭✭✭✭✭
    I hear you can get some cheap Chinese Morgan & Peace knockoffs!!!

    Hey, if a cheap "coach" bag off the street is good enough for most women...will this guy even know the difference?

    But seriously...I think you should just pick up some nice/cheap common dates, put them in a sock and slip them to your mother-in-law...no harm, no foul!
  • ShamikaShamika Posts: 18,785 ✭✭✭✭


    << <i>Time to sit down with your brother-in-law and tell him the whole story. Be ready with some payback scenerios and let him have some input as to reparations. Any sneaky hanky-panky will turn around and bite you where it hurts. >>



    I agree. You're just creating a tangled web for yourself inspite of your good intentions. Heck, he may tell you he doesn't care and to stop worrying about it.


    Buyer and seller of vintage coin boards!
  • 1Mike11Mike1 Posts: 4,427 ✭✭✭✭✭


    << <i>

    << <i>Time to sit down with your brother-in-law and tell him the whole story. Be ready with some payback scenerios and let him have some input as to reparations. Any sneaky hanky-panky will turn around and bite you where it hurts. >>



    I agree. You're just creating a tangled web for yourself inspite of your good intentions. Heck, he may tell you he doesn't care and to stop worrying about it. >>



    I think this is the best way out. He may accept fair market value for the original missing coins or as mentioned may tell you to forget about it. I would definately make a peace offering and be very humble so he doesn't think he's been taken advantage of. Above all run it accross your mother inlaw first to be sure she approves of your plan - she may have the wisest path for you to take to keep peace in the family. You're safest with your mother inlaw on your side.
    "May the silver waves that bear you heavenward be filled with love’s whisperings"

    "A dog breaks your heart only one time and that is when they pass on". Unknown
  • Type2Type2 Posts: 13,985 ✭✭✭✭✭
    image EZ fix just let him know that she gave them to you and you needed them to put in your book and you will pay him for them or if he want them back you will give them back to him not that big of a deal. He may say just keep them and you will be off the hook. Fun read.image


    Hoard the keys.
  • Walkerguy21DWalkerguy21D Posts: 11,718 ✭✭✭✭✭
    Bad things can happen when you leave stuff like that at home.
    A few years ago I was back visiting my best childhood friend, and got to talking about coins and things.
    He (we) remembered he had a cigar box full of old silver dollars, along with some beautiful arrowheads he had found.
    He had left this stuff at home after he moved out and got married. Shortly afterward he called his father to tell him he
    wanted to come pick up that stuff sometime.....well, it turns out dad had been doing some housecleaning, came across this
    stuff and distributed it among the niece and nephews that live in the neighborhood! Now, how do you ask for it back?
    Successful BST transactions with 171 members. Ebeneezer, Tonedeaf, Shane6596, Piano1, Ikenefic, RG, PCGSPhoto, stman, Don'tTelltheWife, Boosibri, Ron1968, snowequities, VTchaser, jrt103, SurfinxHI, 78saen, bp777, FHC, RYK, JTHawaii, Opportunity, Kliao, bigtime36, skanderbeg, split37, thebigeng, acloco, Toninginthblood, OKCC, braddick, Coinflip, robcool, fastfreddie, tightbudget, DBSTrader2, nickelsciolist, relaxn, Eagle eye, soldi, silverman68, ElKevvo, sawyerjosh, Schmitz7, talkingwalnut2, konsole, sharkman987, sniocsu, comma, jesbroken, David1234, biosolar, Sullykerry, Moldnut, erwindoc, MichaelDixon, GotTheBug


  • << <i>image EZ fix just let him know that she gave them to you and you needed them to put in your book and you will pay him for them or if he want them back you will give them back to him not that big of a deal. He may say just keep them and you will be off the hook. Fun read.image >>



    image

    I'd want to tell him before the Ma in law does
  • i would just say..."finders keepers, losers weepers"!image
    Jake Blackman
    blackman.jake@gmail.com
    704-719-6866


  • Sounds like Mom has some culpability in all this?
  • garrynotgarrynot Posts: 1,874 ✭✭✭


    << <i>

    << <i>Fix it now, fix it now!

    when I was ten, I got into my older brothers 1964 mint set and spent it.
    I got into trouble and the belt, over the years I replaced the 64 mint set
    plus he got a 55 mint set, his B-Year, a 55 proof set, a 55 set I cherry picked
    with a BB Half, full step nick, etc. etc. that I put into a capital holder, his three
    sons also got there B-year proof & mint sets.

    All that plus the BELT, for a 64 mint setimage

    Steve >>



    I don't care what the pros say, brother. Sometimes a whuppin' makes us all better men. >>



    Amen to that! The kids today don't know what they missed! image
  • jesbrokenjesbroken Posts: 10,617 ✭✭✭✭✭
    While overseas, my loving mother kept my room exactly like I left it, well not exactly--cleaner. I kept all my baseball cards(about 50 or so) in a small wooden box on my dresser. Most were common bubblegum package cards--except one--a Sandy Koufax Brooklyn Dodger from the mid 50's that I had actually gotten from Bubble gum. I was so proud to have gotten that card in that manner. While away, she gave all the cards to my cousin's young son who was visiting from Florida. She said that he was so bored while there and that I was too old for them any longer. End of story. Of course, I never said a word to him regarding the "gift". My cousin said he enjoyed them tremendously--well whoopee!
    I will bet your BIL will let the whole issue slide, but tell him--don't get wrapped up in any drama. Bad karma.
    Jim

    When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln

    Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain


  • << <i>Sounds like Mom has some culpability in all this? >>



    A 2 way street looking at it that way , if someone handed me 6 or 7 morgans/peace i'd like to think my first words would be "you do know these are worth X amount" which may give the person some room for thought on should they be giving them away.It kinda sounds like she doesnt know the value.
  • renomedphysrenomedphys Posts: 3,827 ✭✭✭✭✭


    << <i>I don't care what the pros say, brother. Sometimes a whuppin' makes us all better men. >>


    POTD
  • DBSTrader2DBSTrader2 Posts: 3,498 ✭✭✭✭
    Thanks, all! Some great advice & good reads above!image

    In all honesty, as she prepares to sell the house & move out, my MIL has been asking all of us what furniture, memento, etc items we want, and there's no arguments between anyone.

    We all get along very well, so nothing to fear there as far as ill-will, etc goes. And there's not even a thought of keeping anything hidden.

    Knowing I collect coins, my MIL wanted me to have them - - she's not hurting for $ or anything. She doesn't keep up with prices, but it wouldn't make a difference to her or impact her decision to have given them to me whether they were worth a few dollars, a few hundred, or a few thousand...... In her opinion, I get some coins, my BIL's wife gets her grandma's diamond ring, etc etc etc - - - and it's not like any of us are fighting over her wealth, etc. We're very lucky as a family in that regard.

    I'm just going to take him aside & tell him what happened & to check his drawer when he gets home to make sure she really did give his away. It's possible (although not probable) that she found a different pile she and/or her late husband had put away for us (remember, they gave us/kids 1 a year until they couldn't find them anymore). If she really did give his away, I'll tell him, I will give them (or as close replacements as possible) back to him ASAP - - I'll just have to get them via open market, sale/trade, etc. I'm betting it's similar for him - - it's not the money.... it's the fact that he has some "silver dollars" put away that's intriguing. Being as they were all common dates, he might actually like some "older" dates in exchange... whatever he prefers.

    And I'd feel better getting him replacements vs just money for them, as who knows how high the price of silver might run up (or down), and I'd feel bad if I gave him what turns out to be a "lowball" value for them when he looks back on it later......... IF he ever needed to sell them.....

    So it's not so much of a worrisome situation with the family as it's just an unforseen expense. But, as I and others have pointed out, I DID get to fill a lot more holes as a result of the initial gift & its influence on me to get started again in that area....image



    A couple more things that the above posts reminded me of that were funny from our various youths........

    (1) When my brothers & I were in grade school, my parents gave each of us a share of the few silver dollars, halves, quarters & dimes they had, so that we could "enjoy them now vs after they're gone...." Being a collector, I put mine in my folders. And I bought out some of my younger brother's coins as well. But I never got a chance to buy out my older brother's coins.... Unfortunately, my younger brother beat me to it - - for whatever reason, he took some of my older brother's silver (which was stored in his night-table in a metal band-aid box - - remember when they were METAL instead of cardboard?!) to pay for some lunches at school!! imageimage

    (2) My BIL still "jokes" about how his Mom must have thrown out all his collectible baseball cards from the bottom of his closet after he moved away to college & beyond!! Maybe, give her history with his baseball cards and now his silver dollars, she sub-consciously has something against him?!image


    - - Daveimage
  • DBSTrader2DBSTrader2 Posts: 3,498 ✭✭✭✭
    LATEST UPDATE...... Fri 4/22/11:


    You know what they say about the 3 fastest means of (mis)communication?... Telephone, telegraph, &
    TELL-A-WOMAN? image

    WELL.........

    Yesterday, I asked my wife if she remembered when her Mom gave me the dollars & told her the story. So I told her I had traded them all away for dates I needed, but was going to go get replacements & tell him all that, but didn't have them yet. She said her Mom did get them from his drawer (or maybe she just is sure that's the case), and that he wouldn't care what the dates were......


    ANYWAY..... today she's over at my MIL's house (we're joining them later this eve), and she calls me (for the umpteenth time) and says: "oh, when you come over, don't forget to bring the silver dollars...."image

    HUH?! "Did you tell him?"image "Yeah. I wasn't supposed to?" "NO. I said I ws going to explain it, since I didn't have the $'s on-hand, etc...".image "Oh. I thought you said you only traded SOME away." image

    So much for ME being the bad listener!!image

    Not what I was planning.......image


    - - Daveimage
  • renomedphysrenomedphys Posts: 3,827 ✭✭✭✭✭
    Yeah, but honestly, stuff like this is what makes life more interesting.
  • epcjimi1epcjimi1 Posts: 3,489 ✭✭✭


    << <i>LATEST UPDATE...... Fri 4/22/11:


    You know what they say about the 3 fastest means of (mis)communication?... Telephone, telegraph, &
    TELL-A-WOMAN? image

    WELL.........

    Yesterday, I asked my wife if she remembered when her Mom gave me the dollars & told her the story. So I told her I had traded them all away for dates I needed, but was going to go get replacements & tell him all that, but didn't have them yet. She said her Mom did get them from his drawer (or maybe she just is sure that's the case), and that he wouldn't care what the dates were......


    ANYWAY..... today she's over at my MIL's house (we're joining them later this eve), and she calls me (for the umpteenth time) and says: "oh, when you come over, don't forget to bring the silver dollars...."image

    HUH?! "Did you tell him?"image "Yeah. I wasn't supposed to?" "NO. I said I ws going to explain it, since I didn't have the $'s on-hand, etc...".image "Oh. I thought you said you only traded SOME away." image

    So much for ME being the bad listener!!image

    Not what I was planning.......image


    - - Daveimage >>



    You're dead meat now.
  • Maybe you are worrying about nothing , it's not like you knew. It would be a very narrow minded person to lay blame of anything at your door , you do have silver dollars so push comes to shove give him the ones you traded for.
  • DBSTrader2DBSTrader2 Posts: 3,498 ✭✭✭✭
    NEVER!!!! image
  • Ok , heres the plan. Get him to write in to Judge Judy , i am pretty sure you get $2k each appearance fee , I prefer Judge Joe Brown myself but i think Judy pays.Bear in mind Judge Judy might relieve you of those silver dollars but you'll have cash to replace them.image
  • OldEastsideOldEastside Posts: 4,602 ✭✭✭✭✭
    Dave

    At least YOU tryed,
    have a clear concienceimage

    Steve
    Promote the Hobby
  • DBSTrader2DBSTrader2 Posts: 3,498 ✭✭✭✭
    My conscience is clear, even if my vision isn't!image

    But I'm starting to warm to that Judge Judy idea as a real WIN-WIN situation!!image

    - - Daveimage
  • You get to bring a witness or two as well , maybe even an expert for opinion on the matter ....ohhhhhh pick me pick me lol free trip to the big city woot

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