- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Coin/Stamp Collection
Posted on 7/31/11 at 5:38 pm
Posted on 7/31/11 at 5:38 pm
I inherited my grandfather's coin and stamp collection years ago. I haven't looked at them in probably 10 years but I remember one coin being valued at $5,000.
I have a trust appraiser I am taking them to soon. Would it be stupid to sell these?
I have a trust appraiser I am taking them to soon. Would it be stupid to sell these?
4
Posted on 7/31/11 at 5:53 pm to coachLSU
I don't think it would be stupid. Gold and silver are pretty high right now. Unless you wanted to hold onto them for another 5-10 years.
Posted on 7/31/11 at 6:01 pm to coachLSU
If you have kids I promise you they would appreciate you holding on to that stuff. The sentimental value is much more.....
Posted on 7/31/11 at 9:07 pm to I Love Bama
quote:
The sentimental value is much more.....
Posted on 7/31/11 at 9:14 pm to coachLSU
I'd have a hard time selling anything like that inherited from a grandparent.
That being said, if you are looking at the investment vehicle strategy, then I would say you may want to sell the coins, purchase individual equities in blue chips, and then pass those stocks on to your grandkids.
That being said, if you are looking at the investment vehicle strategy, then I would say you may want to sell the coins, purchase individual equities in blue chips, and then pass those stocks on to your grandkids.
Posted on 7/31/11 at 9:18 pm to coachLSU
Look on ebay to see what some of the coins sell for. That will give you an idea as to what someone is willing to pay for the coin. Compare that to the appraised value.
The fact they belonged to your grandfather is priceless to you.
Any coin worth $5g's 10 years ago would be worth much more today.
The fact they belonged to your grandfather is priceless to you.
Any coin worth $5g's 10 years ago would be worth much more today.
Posted on 8/1/11 at 8:10 am to djmicrobe
If you really feel inclined to sell the coins, check out...
Greysheet
An honest coin dealer will offer you 90% of "greysheet" value which is the price that dealers usually trade between themselves. This is still well below retail value but this is probably the best you will do.
Greysheet
An honest coin dealer will offer you 90% of "greysheet" value which is the price that dealers usually trade between themselves. This is still well below retail value but this is probably the best you will do.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News