What To Do With an Inherited Coin Collection

Above, Franklin and Kennedy silver half dollars I inherited from my father. Photo by Armand Vaquer.

Many coin collectors/investors of the baby-boomer generation are now seniors. Some have heirs and some don't. In any case, the question arises by heirs, What to with an inherited coin collection?

Numismatic News has posted an article by Mike Thorne with some good suggestions.

They begin it with:

Let’s assume that you know little about U.S. coins other than that you can spend them for small purchases, and you inherit a relative’s coin collection. Congratulations! Now what?

Let’s further assume that you don’t want to become a coin collector, and you want to convert the collection to spendable money. How will you go about it?

I live in a small town and have often been asked to look at inherited collections. These collections have ranged from minuscule, with only a handful of coins, to quite large. Values have ranged from less than $100 to more than $2,000,000.

To read more, go here.