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Hypothetical .. You get 2 weeks notice.
Topdollarpaid
Posts: 603 ✭✭✭
Here is the scenario:
As a coin collector or investor you have just been informed by your doctor
you have 2 weeks then its lights out. (You have a terminal illness and your time is limited).
Are your things in order?
Can your significant other handle the liquidation of your collections?
Where do you start?
Who can get the best price for you coins?
You while you are in a hurry to get them sold
or
Your heirs when they can take their time, but they have limited knowledge?
At this point do you Care?
Randy Conway
Www.killermarbles.com
Www.suncitycoin.com
Www.killermarbles.com
Www.suncitycoin.com
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Comments
<< <i>Are your things in order? >>
Yes.
Russ, NCNE
That has to be the easiest most painless way. Unless of course you have a trust worthy local dealer that can take care of everything for them.
In view of this, everything is almost
in order, or will be, in the next few weeks.
Coins are almost all sold, money in bank,life
Insurance and long term care in place as well
as legal documents for estate.
The coins took me 12 months to slowly sell so
the question asked in this thread is actually quite
important for sizable coin collections. If I still had
my collection and intensded to keep them till the bitter
end, I would have left specific instructions where the collection
was, a careful inventory as well as the specific agent to handle
the purchase and/or sale of each specific coin or coins. This together with
the name , phone number and address of the person or persons at said
coin facilities or dealerships. Further, each coin would be listed, with my purchase price,
fom who purchased, date purchased and the approximate current value as of a specific date.
NOTICE HOW EACH LINE TENDS TO GET LONGER, AS I GET CLOSER TO THE END?
Camelot
Www.killermarbles.com
Www.suncitycoin.com
First of all get a second opinion and then a third and then a fourth
Doctors LIE
And why yes my things are in order
The guns go to one friend and the coins get liquidated by another friend for the SO
DrPerry
and it sets us apart from practitioners and consultants. Gregor
<< <i>Head to Vegas and put it all on Black!!! >>
Not your best bet. The house edge on a double zero roulette table is 5.26%. If you get into the high limit room of most casinos you should find a single zero table with a reduced house edge of 2.7%. You'll be much better off if you head to the Baccarat table and put it all on banker for a low house edge of only 1.06%.
PCGS, ANACS, & NGC Certified Coins on My Website.
worth of John Wayne Movies and drink root beer
from the bottle.
Camelot
My will was 25 years old and badly out of date, but my wife was still alive and everything would have been okay.
When I had heart bypass 4 years later, I wasn't in quite the hurry I was in before, so I updated my will, the night before the surgery.
My coins were a low priority. The divvying up of 6 life insurance policies was the thing I wanted to have a say in.
Ray
that would suck.
my affairs are in order.
i would have way too many scores to settle to worry about a few coins.
if i gotta go early, so do some other people.
hi, i'm tom.
i do not doctor coins like some who post in here.
5 minutes to go.....
I'd get in line at a Benny Hinn faith healing church service...and as soon as he laid his hands on my fore head...ZAP!...i'm gone!
would love to be a ghost for the next few days while he tries to explain that one!
<< <i>two weeks exactly?
5 minutes to go.....
I'd get in line at a Benny Hinn faith healing church service...and as soon as he laid his hands on my fore head...ZAP!...i'm gone!
would love to be a ghost for the next few days while he tries to explain that one! >>
This is the funniest post I have ever read on this forum!
I'd get a second opinion. Of course it might be like the late great Rodney Dangerfield, whose doctor said "You're too fat!" Rodney said "I want a second opinion" and the doctor said "OK, you're ugly too!"
An authorized PCGS dealer, and a contributor to the Red Book.
<< <i>Head to Vegas and put it all on Black!!! >>
No no! Red!
# 45
BET IT ALL! HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
This would be an easy one...trade in everything that you have no emotional affinity toward,
and finally purchase that one coin you've longed for your entire life!
<< <i>Although I am not terminal, I am old.
In view of this, everything is almost
in order, or will be, in the next few weeks.
Coins are almost all sold, money in bank,life
Insurance and long term care in place as well
as legal documents for estate.
The coins took me 12 months to slowly sell so
the question asked in this thread is actually quite
important for sizable coin collections. If I still had
my collection and intensded to keep them till the bitter
end, I would have left specific instructions where the collection
was, a careful inventory as well as the specific agent to handle
the purchase and/or sale of each specific coin or coins. This together with
the name , phone number and address of the person or persons at said
coin facilities or dealerships. Further, each coin would be listed, with my purchase price,
fom who purchased, date purchased and the approximate current value as of a specific date.
NOTICE HOW EACH LINE TENDS TO GET LONGER, AS I GET CLOSER TO THE END?
I've met you: you're not old. Dramatic, though.
Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1