What's your estate plan ?

[T206Collector]

Originally Posted by Tsaiko

Ideally I like her collection to be part of the hobby forever, by having a collector keep the whole collection intact, but that may never happen.

I am considering coming up with a really cool "T206Collector" stamp -- or one with my real name "Paul T206Collector". I will stamp the backs of all of my signed T206 cards. I do not expect that this would detract from their value, which was joined as soon as the player put his autograph on his card. I figure that is a surefire way to at least encourage a future collector to recapture them all, and keep the collection together.

Howe McCormick knew what he was doing!

[drc]

Back when I had a large photograph collection, I labelled and put the photos in categories (original versus later generation, date, photographer, etc) and gave my family the name of a couple of auction houses in case I died. Though in the end, I sold them off on my own.

I think the best and #1 and one essential thing you can do for your relatives is to give someone the name(s) of an auction house, dealer or even Net54 collector the family member can go to. Most people will have no clue where or how to sell the items nor what exactly are the items. If it's just a small collection not worthy of REA or Lelands, the collector can give advice on what to do. I highly recommend that anyone with a collection reading this go and do that one thing today. Unless you don't mind the idea of your E, T and N collection being offered in a "3 for 1$, 20 for $4" bin at a garage sale with the unsold dropped off at Saint Vincent de Paul or the recycle bin. Realize that with the stories I hear here of people keeping their purchases (and, of course more important, purchase prices) from their wives, some wives and relatives might not even realize your collection has financial value, or at least the extent of the value.

[milkit1]

can all you collectors whom have a collection ending up in a garage sale please email me your address.... no reason

[ocjack]

Originally Posted by drc

Unless you don't mind the idea of your E, T and N collection being offered in a "3 for 1$, 20 for $4" bin at a garage sale .

I wish you a long healthy life, but when you do go to that happy collecting club in the sky, I'm going to begin hanging around your neighborhood waiting for that garage sale.

To answer seriously, I will probably be contacting one of the auction houses this year to dispose of most of my collection next year. My wife has no idea what to do with them, I have no children to pass them along to and it's just one more thing to take care of to make the aftermath of my eventual demise a little less of a burden.

[Vol]

Brad,
Very cool picture! Bet you are proud.

[danmckee]

My stuff goes to Mckee too! Mckee Sr

[birdman42]

Originally Posted by drc

I think the best and #1 and one essential thing you can do for your relatives is to give someone the name(s) of an auction house, dealer or even Net54 collector the family member can go to.

I did exactly that about five years ago. I have a letter typed up and sitting in the top drawer of the filing cabinet where I keep much of my collection. My wife and daughter have no interest in keeping my cards, and at least my wife will have the satisfaction of knowing that I wasn't "wasting money" on cards. (I carefully don't mention the thousands of dollars worth of fabric and craft supplies sitting in our basement.)

Bill

[Tsaiko]

Originally Posted by T206Collector

I am considering coming up with a really cool "T206Collector" stamp -- or one with my real name "Paul T206Collector". I will stamp the backs of all of my signed T206 cards. I do not expect that this would detract from their value, which was joined as soon as the player put his autograph on his card. I figure that is a surefire way to at least encourage a future collector to recapture them all, and keep the collection together.

Howe McCormick knew what he was doing!

Interesting. I don't know if I'd feel comfortable stamping the backs of all my gram's cards. One possible fear would be that someone would duplicate the stamp and claim that their cards are part of the same collection. I suppose if the stamp were intricate enough it would be hard to copy, but still, what's really uncopyable these days.

A lot of interesting plans expressed here. I suffer from the delusion that there's always going to be a tomorrow to plan for this. I better make some plans!