Quote:
Originally Posted by 50sBaseball
First, a response to Tim's response to my hypothetical question as to whether or not it makes sense to buy a card for $100 now knowing it may only sell for $30-40 in the future. Maybe I should have said in the "probable near" future, not suggesting that I intend to pass on soon, but meaning that I am close to selling most of my collection. Knowing that, I do not think I would get much enjoyment with a card over the short term.
Second, the initial purpose of this thread was to brainstorm how we are thinking about divesting our collections ourselves or what steps we are taking to assist our families. Personally, I plan to start selling off my collection soon, and hopefully it will help to pay for one year of a granddaughter's college education. I will sell the most valuable first, and I will eventually keep maybe 50-100 cards to pass on to our sons, not necessarily based only on value, but based on memories. I also plan to scan and print out as many cards as possible so that one day I can enjoy looking at binders of paper copies of my cards and not worry about their value. I also agree with the comment about sorting out one's collection and getting rid of less valuable (or worthless) cards. All will help the family in the long run.
Good thread.
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Love the idea about scanning the cards that you have/had so you can at least enjoy what you have now. I didn't realize that you were at the point of selling your cards now. It's a tough call but a good decision. When my father passed a year and a half ago, we had to go thru all of the stuff left from his shop that he closed a few years ago that he wouldn't part with. It was basically a lot of stuff that was valuable in bulk but would take forever to sell individually. I wish he would have gotten rid of it before but he didn't need the money and my mom doesn't now so it's not a huge deal.