How do you value a collection?

[mybestbretts]

Certainly for insurance purposes. The reason I pose the question is that as a certain team, player, etc. collector you probably own all types of items from from posters, checks, lineup cards on and on. And ... I wouldn't be surprised
for a number of years. There are items that are one of a kind or certainly limited. And I would think there is value in it all being in one collection. We see it all the time in some of the auctions of Heritage, etc.
Those are mostly the very old items, but as the days go by items from the 70's, etc. will be very old. I am just curious.
We see companies that want to insure your collection, at what? lol's

[Neal]

A 1933 Goudey Ruth PSA 3 would be valued at $3kish ..... these can be easily tracked for "value"

A one of a kind item may have a value of less than five bucks .... or one that exceeds 100K.

I "value" my collection based on the current/historic market. I do not place a value on boxes of modern cards. At least not yet.

Originally Posted by mybestbretts

Certainly for insurance purposes. The reason I pose the question is that as a certain team, player, etc. collector you probably own all types of items from from posters, checks, lineup cards on and on. And ... I wouldn't be surprised
for a number of years. There are items that are one of a kind or certainly limited. And I would think there is value in it all being in one collection. We see it all the time in some of the auctions of Heritage, etc.
Those are mostly the very old items, but as the days go by items from the 70's, etc. will be very old. I am just curious.
We see companies that want to insure your collection, at what? lol's

Have it appraised, You should take pictures of your most valuable cards and include the appraised value of each card for your records which will be proof and a benchmark for value at the time of the appraisal for the insurance company