What Will Happen to Your Collection?

Burn them so that way you chuds will never have a true pop report number

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Great thread:)
I keep my living trust updated. My wife, our charities, and my sons get the bulk and Akara’s godfather will get a nice lump sum (not that Steve needs it lol) to make sure she gets all she needs. The remainder, or items not listed, will go to 8 listed people some in the hobby and two of my own god sons.
Keep in mind, I’m 66 so there’s a little more reason for me to plan carefully.
With that all said, I ain’t going nowhere. My family tends to live into their 90s so I should have over 20 years left;)

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Thanks for making me one of those 8 people king.

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Let me know if you find a reputable source for buying friends :sob:

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You’ll be here for Pokemons 50th Anniversary! :blush:

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My will gives certain zards to children in the family and then instructs my wife to reach out to Charlie for guidance on the rest. Worst case scenario, I told her to drop everything off at TNT for the evo program and take the kids to go travel while she can.

It would be nice to be a fly on the fall afterwards and see how some of the items get moved around or what they sell for.

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Your ghost will always watch your cards Rusty…

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Such a good question to be honest. With the hell ive put my body through over the years and how ive suffered some health complications to a degree because of that, ive always thought about this in other aspects but not for my collection.

It really would depend is my short answer, but the longer answer is more complex.

Or idk maybe ill just burn it all and make all those who ever doubted me in life watch. Thatd be a nice send off :blush:

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Irregardless of value, I’d give each of my friends all copies I own of their favorite PokĆ©mon, with a few exceptions. Any thing that’s over like 200$ is a no go as that will be sold by the family. If the family says they don’t wanna deal with ā€œlow valueā€ stuff like 200$, then my friends can take whatever.

If someone gets more valuable cards, so be it. If they quibble, sucks to be them. I’d have my immediate family: brother, sisters and parents sell the rest of it. Probably tell them to contact one of my friends in the hobby to figure out how to go about doing so in the quickest most painless way that still allows for the highest return. Then they split the money evenly. If they want cards, then that’s fine too. But they’ve gotta work it out between themselves.

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I told my husband and our sons they should be carefull with selling my collection. It’s worth a lot of money.
Both boys told me they prefer to have money i.s.o cards because they want to buy a house. So that’s why I started to sell parts of my collection already.
And while I’m doing this I am able to give my parents (who are 80) a new kitchen and whatever they need to enjoy their final part of their life. (so if you buy one of my boosterboxes on cardmarket/ebay the money will go to them)
I feel so rich, still having both of my parents, 2 grown up adult boys and being able to provide some luxury here and there.

If I die I hope they will enjoy the remaining value and spend it on whatever they like.
When I started collecting in 1999, untill a few years ago I never thought my collection would be worth so much.
It’s an unexpected gift.

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This is something I have never thought about either. Interesting! Off the top of my head, im not sure how I would go about the selling of everything. I have a few friends into pokemon, I guess I’d make sure at least one of them would advise/help with the selling.

Hopefully by the time I die I will have a lovely wife, she would get everything in that case to do with whatever she pleases. Maybe my wife will be into pokemon/at least know enough about what I have and how selling goes and won’t need the help of outside parties to get things sold. If I’m not married by then, half will go to my mom and dad (which will definitely need advising) and the other half will go to some type of Christian ministry.

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It’s getting burned with my body. If any of my collection is sold, I’m coming back from the grave and haunting each card until they’re brought together and burned.

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If I found out I had a few months to live, I’d probably open most of my boxes, especially my WOTC ones. All my PSA cards, decks, etc I’d leave to my brother to sell/send to an auction house.

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So if I had anything of substantial value, it’d go to my wife, but as it sits my main collecting goals are not to get crazy valuable cards, it’s to complete my favorite sets (base, jungle, fossil, rocket) with at least mid grade cards. So if I accomplish that goal and I’m on my way out, they go to my children to hopefully enjoy and hold on to for years to come. I don’t have plans at this point to sell my sets once they’re done. I would like them to stay with me and my kids and maybe even their kids.

Think about it, how awesome would that be to have a complete original base set on the 100 year anniversary? I’d love my great grandchild or whatever to have that opportunity

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@quuador, come get my Voltorbs when I die lol

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Lol. Touche’!

Though, at one point you could find souls for sale on ebay…

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We are breathing many the same molecules that the pharaohs breathed. In a similar way, when we sell or pass-on our collections they take many journeys we may never know. You’re right it’d be cool to watch it unfold, and pretty crazy to think about!

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It is a great thread, and is a subject anyone with decent value (5 figures or higher) should consider. I’m a bit older than King Pokemon, but have already lived longer than every male of the prior generation on both sides of my family. To complicate matters, I have a half dozen different collections which reasonable value. I hope to enjoy life for another 2 or 3 decades but I have taken some measures just in case.

The worst thing would be to have your collection(s) tossed, because people don’t know what you have or its value. The second worst thing is to have those you love fighting because there wasn’t any clear indication of who is supposed to get what. In addition, it can be a surprise for your heirs if you leave them a major tax liability (depends on where you live and the final value).

I have a will and it clearly specifies who gets what. I began downsizing all my collections a few years ago once I realized if I died my wife would probably toss a ton of value, as she would be overwhelmed and wouldn’t deal with the complexity of unwinding what I have. My sons might not be much help either, if only because of their current lives and physical distance. This made giving some of my collectibles problematic. Of course my younger son told me he would take my Base 1st Edition set (but wants me to not tell my other son!)

So before I started downsizing I started putting together reasonably detailed inventories of each collection. I do rough updates of items and approximate value about once every 6 months. Copies are kept in a safety deposit box. This is a way for my family to have a clue what I have. I made a resolution to completely detail everything that wasn’t sold by the end of 2021.

I have also spoken to people I trust in each area of my collecting, as go-to resources for my wife and sons to get help. And the percentage cut (in cash or items) each of these people should be paid for their assistance if needed.

Because of the current market Pokemon cards would be the easiest collection to liquidate. I already sold my extra English items and will soon do the same for my Japanese items. My collection is simplifying to early sets and to oddities involving those sets. The biggest issue would probably be adjusting value of non-graded cards and sets since value is quickly formalizing around graded cards and sets. Or deciding after I was gone to get one or more sets graded. Things like whether it is worth grading a PSA-9 equivalent set (I never expect 10s) or simply selling it at an expected market discount.

Some of my other collections are extremely specialized and might take a while to unwind. This means a higher price for help with any liquidation and a lower expected value relative to current pricing, since in a few areas I have enough to overwhelm the market.
My hope is (obviously) that nothing happens to me. But if anything does, I want to provide enough information and assistance to allow my wife and kids to make reasonable decisions on how to handle my physical possessions.

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Keeping an inventory of high value items is a great idea. Although my collection isn’t worth a ton right now, I keep inventory of my high value items and basic selling guidance in case something were to happen, so I could at least leave my loved ones with some fun money.

I have put in my will that my parents get everything I own including the PokĆ©mon cards (they can do as they please once I die) - one caveat is for mum and dad to go on a trip of a lifetime to a dream location of theirs from the sales of the cards. dads a tighta** and workaholic and won’t go on his own sheer will lol.

Edit: this thread has given me thought on having a list on how to value cards or a trusted person to value for them (I’ll think about this and add it to the will next time I update it)

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