tubeshooter
Contributing Member
- Joined
- Aug 15, 2006
- Messages
- 2,424
Having gone through dealing with handling someone's estate, I am inclined to ask my local dealer that I have dealt with for years to provide a dollar figure for all of it. Then I will let a couple of key people know what that figure is and about my dealer.
When you are closing an estate, you will often have to sell something at a fire-sale price just to get it out of your hair. I think it is safe to say most of us don't want that to happen to our collections.
Your family and/or close friends could use the retail value of your collection when you are gone much more than some guns they don't care about and don't have room for. Forcing them to sell everything themselves for pennies on the dollar, under duress and grief, is not the way. My LGS has plenty of stories about people letting jewels go for $50-$100 or something like that, and this is why.
I have instructed a few family members to take what they want, and then plan to apply the above advice to my own situation.
When you are closing an estate, you will often have to sell something at a fire-sale price just to get it out of your hair. I think it is safe to say most of us don't want that to happen to our collections.
Your family and/or close friends could use the retail value of your collection when you are gone much more than some guns they don't care about and don't have room for. Forcing them to sell everything themselves for pennies on the dollar, under duress and grief, is not the way. My LGS has plenty of stories about people letting jewels go for $50-$100 or something like that, and this is why.
I have instructed a few family members to take what they want, and then plan to apply the above advice to my own situation.