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A dear friend whom is mentally challenged, (and forgetful)...

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Question by Dex
Submitted on 5/31/2004
Related FAQ: Paper Money Collecting FAQ
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A dear friend whom is mentally challenged, (and forgetful) just remembered her grandfather's large coin/paper money collection hidden in the house and has asked my advice on what to do with it. The collection has a bit of everything, but mostly consists of mint sets from the 40's - 60's (no gold). There are a few liberty Dollars which are AU, but mostly mint sets and hundreds of rolls of every conceivable coin from the past several decades. She even has many silver certificates which are like brand new and the infamous 1840 $1,000 Note...not sure if it's a fake, I only saw it for a moment. There must be 60 to 70 pounds of coins (about 4 tall paper grocery bags). I have no idea what she should do with this money...I suggested she put it in a couple of large safe deposit boxes at the bank....anyone have a better idea? It would take weeks to catalogue everything and probably cost a lot too...on top of that, how do you know you could trust an appraiser??  Please give suggestions, thank you.
Dex


Answer by mini
Submitted on 9/14/2004
Rating: Not yet rated Rate this answer: Vote
if she is mental n her parents not looking after her she should use the money her self for her studies and future life

 

Answer by james russell
Submitted on 1/16/2006
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contact a church of jesus christ of latter
day saints church in utaw. howard huges trusted them with his billions and they very knowlegdable on things about the past.

 

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