What to Do After Inheriting a Coin Collection
Inheriting a coin collection can be overwhelming, especially if you're unfamiliar with numismatics. To make informed decisions, take these initial steps:
- Avoid cleaning – Coins should be left as-is. Cleaning can reduce their value.
- Organize the collection – Separate coins by type, country, or date to get a general sense of what's included.
- Look for certificates – Search for any original documentation or grading reports to support authenticity.
- Get a professional appraisal – A trusted dealer can help assess the collection's value and advise whether to sell, keep, or insure specific items.
- Consider your goals – Decide whether you want to sell, hold, or gradually explore collecting yourself before making any major moves.
Taking time to assess the collection thoroughly will help you handle it responsibly and potentially benefit from its value.