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Have any of you had luck acquiring coins from either a probate sale or a banrkuptcy sale?
SanctionII
Posts: 13,218 ✭✭✭✭✭
I suspect that on occasion coin collections are liquidated as part of a probate case filed after the death of the collector that owned the coins and that also coin collections are liquidated via a sale by a bankruptcy trustee when the collector or dealer that owns the coins goes belly up through a Chapter 7 bankruptcy.
Have any of you ever acquired coins under either of these circumstances? If so, pleae give us the details (i.e. sale by public auction or by private treaty) and how did it work out for you?
Have any of you ever acquired coins under either of these circumstances? If so, pleae give us the details (i.e. sale by public auction or by private treaty) and how did it work out for you?
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Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
Practice makes perfect & nobody is perfect. So, practice being nobody.
security and then fled the country. Well, I got a fairly good deal and only one B&M was bidding
against me. Sealed envelope bid. Coins were easy to view and inspect. That was fun, just
don't know what I'll do when he gets out of jail in 2011 (with good behavior). I heard they found
him in Costa Rica. I guess he thought that he was safe "out of the country".
Oh my,
bob
<< <i>No, they usually sell for ridiculous amounts. >>
That has been my limited experience.