Quote:
Originally Posted by yankees23
I watched a collectors show recently featuring Corbin Bernsen and his snow globe collection. They valued his collection at like $600k. How many snow globe collectors are out there? If snow globes can keep their value baseball cards will be fine.
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These "appraisals" always have to be taken with a grain of salt and understand what they are really saying here. There is a HUGE difference between sale value and replacement value. In this instance as an example, I doubt he would get close to $600K if he sold his collection, but it could easily cost him $600K to put this collection together should he need to replace it.
I think many times the amount seems high because those touting the value are referring to replacement (intentional or not).