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Old 03-08-2009, 10:08 PM
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Default What percent of your life savings is in Baseball Cards?

Posted By: bruce Dorskind




Whilst this is an interesting question, we think it is highly personal
and secondly it would be impossible to assess a fair market value.

The value of a baseball memorabilia collection is the value it realizes
when it is sold. Not a dollar more or a dollar less.

When we auctioned about 25% of our collection in 2004, we were stunned
to see the prices that some items realized. We also saw a number of items
which we had insured for thousands of dollars realize a price well below
our expectation.

A major collection is likely to includes cards and other items. And the only
accurate way to assess value is mark to market. That said, we also believe that
many of those Board members with large and valuable collections are not likely
to sell unless an unexpected dire event occurs. Accordingly, the only value
they have is insurance value--and that is unlikely to be an accurate predictor
of market value.


Bruce Dorskind
America's Toughest Want List

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