For executors · Records & Accounting
You Will Have to Explain This Later
An executor accounts to beneficiaries and to the court. A receipt that says "assorted jewelry" is not an account.
Unhurried, itemized, and with a written record. Bring the co-executor, the attorney, or whoever else needs to see it.
2004
Buying precious metals in South Florida since
Itemized
Every item weighed and priced separately, in front of you
Written
A record the estate can put in the file
No pressure
Take the offer away. It will still be there
The question comes months later
A beneficiary asks what happened to a particular piece, or why a total was what it was, six months after the transaction. Without an itemized record, the executor is relying on memory against somebody else's memory — and that is how estate disputes start over items that were handled entirely properly.
The record also protects the executor personally. A personal representative accounts to beneficiaries and, in some circumstances, to a court, and doing so from an itemized record is a different position from doing so from recollection and a folder of receipts.
What a usable record contains
- Each item listed separately, with a description.
- Weight and purity where relevant.
- The price paid for each item.
- The date, and the market reference used.
- Photographs taken before the sale.
Photographing before anything moves
Lay items out on a plain surface, photograph them in groups so nothing is missed, then photograph anything individually distinctive. Ten minutes with a phone, before the first item leaves the house.
It answers the question a beneficiary asks a year later about a piece they half remember, and it cannot be created afterwards. It is the single highest-value thing anybody does in this process.
How we handle it
- 01Itemize every transaction, one line per piece.
- 02Weigh and price in front of you, not in a back room.
- 03Provide a written record you can put in the estate file.
- 04Keep our own copy, available if the estate needs it later.
Photograph everything before it leaves the house. It takes ten minutes with a phone, it costs nothing, and it answers almost every question a beneficiary will ask afterwards.
Said plainly
Where we stop
We provide a record of what we bought and paid. We are not accountants and we do not prepare estate accountings — that is your attorney and your accountant.
FAQ
Common questions
- What record do we get?
- A written itemized list — each piece, its weight and purity, and the price paid.
- Is a lump-sum receipt acceptable?
- It is not an account, and an executor may need one.
- Should we photograph first?
- Always. Ten minutes answers almost every later question.
- Do you keep a copy?
- Yes, available if the estate needs it later.
What we buy
Gold Jewelry
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Sterling Flatware & Hollowware
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Coins & Bullion
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Watches
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Diamonds & Stones
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Costume & the Rest
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Next step
Run it both ways before you decide.
No credit check and no obligation. Tell us what you hold and what the money is for, and if selling is the better answer for your situation you will be told that first.
