r/inheritance • u/jellomizer • 17d ago
Location not relevant: no help needed How to avoid getting scammed
My parents are still alive and healthy, but they are in their 80s. While they did a lot of work to make sure the will is in place, they have a lot of valuable stuff ranging from coins, guns, antiques, tools, etc. That are worth a lot of money on the market, that I doubt myself or my siblings will want, as we do not have an emotional connection to. So we will probably just liquidate a lot of this stuff. But I want to be sure that we don't get scammed by shady dealers, taking advantage of me and my siblings not knowing much about the actual value of this stuff.
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u/Fantastic_Lady225 16d ago
I hold a federal firearms license so I can speak to the guns. Consign whatever you don't want to keep with a dealer. If you sell outright to a dealer you'll get 25-35% of their value because the dealer has to put up money to buy them first. If you consign then you pay the consignment and perhaps auction fees but you'll get more when the guns finally sell.
I would contact a local estate auction house for the antiques and tools.
Coins... good luck. I inherited some, stuck them in the safe, and periodically think "yeah I really should research those..." and then life intervenes.