Quote:
Originally Posted by Fred
Does your wife know how much your collection is worth?
My wife has never asked me how much my collection is worth. She just knew it was something I did before I met her and she's really never asked me about it.
Would I tell her if she asked me? I guess I would but that's never happened. Besides, I don't know how much it's all worth.
Recently, I've been cataloging a lot of it because if anything should happen to me, it would be in my families best interest to understand the value. Also, I plan on creating a document on what should be done with it after I croak. An assumption is that they get it and can sell it at the current market value and not have to worry about the appreciation on it all.
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Yes, my spouse is aware. I have a separate insurance policy against the collection along with values of the highest cards. I also have POCs information for who to contact if something happens to me.
However, my plan is to actually sell most of the collection before it gets to that point. I have seen too often families that get stuck with large collections and have to deal with it. I do not want my family to have that burden.