Quote:
Originally Posted by Snapolit1
A lot of my drive in building a nice collection is the idea that I will be leaving it to my kids who can share it with their kids. Very few people have the foresight and patience to do things in their life like build a collection of something and pass it forward. I wish I had a distant family member had put some things in a box and said preserve these. Kind of a legacy that tells you grandkids and great grandkids a little something about a person they never met. I've never been happier in my life than sitting at a baseball game on a beautiful summer day drinking a beer with my family. Or reading about baseball history. And all the better if those things have some value that will inure to others.
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This pretty much echoes my plan--have it sold/auctioned after my death, dedicating some of the proceeds to a trust fund to help descendants get a college education, and leave a substantial portion to God's missionary work, possibly the Gideon's, an organization of which I am a member.
Dan, I would also consider the fact that the hobby is growing quickly--I have an REA auction catalog from the '90's that is about 8 pages of newsprint (compare that to the 500+ quality color pages of its latest editions!)--and it will continue to do so rapidly, IMHO, due to the internet and the large number of quality auctions. Also, so many of the big boys who are coming in and buying $525,000 PSA 8 '52 Topps Mantles and $300-$400K PSA 9 Aaron rookies will be expanding their collecting horizons over time, just as has regularly occurred and will continue to occur with coin collectors. I know you have some tremendous items, but would hang on to as many of those as you can, as it is my belief that the appreciation will be great and the payout much bigger later on, perhaps much sooner than you think. But you still have to do what you have to do, and I wish you the best of luck with whatever path you choose to take in this regard!
Highest regards,
Larry
03-31-2016, 03:47 PM
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