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 Friday, October 09, 2009
When it becomes time to sell a collection
Posted by Tuff Stuff
You build a collection up over the years, could even be decades. You’ve got baseballs, footballs, game-used jerseys, trophies, newspaper clippings, tickets and on and on. It’s the driving force behind why you work, what you enjoy doing in your free time and something you can share and discuss with just about anyone.
It has led to countless happy moments and has resulted in something valuable, both literally and intrinsically.
It’s your sports memorabilia collection, and it could be considered one of your greatest accomplishments.
And now it has to go.
Why you ask? Well, that’s what I wonder when collectors call about values or for possible sources to sell this or that. The comments range from, “I’ve just got to liquidate” to “My kids have no interest in this, I’m getting older, so I’ll enjoy what I can get for it now.” One collector said he sold all of his Topps cards from the 1950s through the 1980s to put his kid through college. Another said simply, “I can’t walk around my house any more.” (When I hear the latter, I always think of the folks who have storage units, container units and even second houses for their collections, but I understand that simply isn’t feasible for most people.)
Most of the people don’t seem all that anguished about it either, which I also find a little puzzling considering the time, money and passion put into amassing a collection. Perhaps they have come to grips about the situation before talking to a stranger, or perhaps they are truly at peace to have the items move on. I do think some folks waffle about the decision, especially after they talk about all of the items in their collection and how they accumulated some of them. Those folks end the conversations with, “I don’t know what I’m going to do, but thanks for the options” when the conversation started out with “I’ve got to sell some of this.”
I do know some folks are turned off by the hobby, which has seen many changes over the years, from online dealing, fraudulent activity, third-party grading and over production. Some of today’s prices have also been a turn off. But of those I’ve talked to, that reason is low on the list.
So once again I open the floor to readers: Have you sold your life-long collection? What were some of the reasons why? Any regrets? Did you start up again, perhaps even collecting something else?
Friday, October 09, 2009 2:44:51 PM (GMT Daylight Time, UTC+01:00) 
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