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The Value of a Collection
in News From the Home Office.
A blog by Brian Wolfe in General
Posted
Hello Brian,
Your collection is part of your estate. The question is therefore : how do you handle your belongings ?
The value of your collection is simple : it's worth what it can be sold for. How can you tell ? Offer it for sale, to a dealer, at auction, on eBay, whatever.
But you don't want to sell it away. How could you tell what you can get for it ? You can have it valued by a competent auctionneer and pay him (her) a fee for the effort.
You don't want to get into that sort of expense ? Have a complete inventory of your collection and keep posted on the prices you see offered in the trade, obtained in successful auctions (including cost to the buyer), or such places as eBay.
Add up the prices you found. AND TAKE 50%. You might make more, but you will not make much less.
I personnally would be happy to hear of an other approach.
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