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#13
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With the exception of some real old-timers, if you remain active you will almost certainly realize less money from your collection that you put into it. I have liquidated a substantial collection for a friend of mine and I suspect I got $50K out of it for his family, but he probably had more than $100K into it. He also got the enjoyment of owning it. That said, had he spent that same 100K going to bars, bowling, or playing golf he would not have had anything to show for it. I figure it will go the same with me.
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cutting, losses, modern, vintage |
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