How do we protect our collections for the future?

Just a thought.

Most of us have serious collections & many have rare items. How do we protect these for the future?
If any of us were to be told we had six months to live, we would not want to spend our precious time selling our cuffs, we would want to share it with our loved ones! Whether we know beforehand or not how do we stop our cuffs (let alone the rare ones) from being lost. How many of us have a spouse, partner, sibling or children that would not know how to pass these gems on to others that would cherish them? As much as I love collecting, I think of my collection as my pension & my legacy. The last thing I would want is for my children to think this is a pile of metal & take it down to the scrap merchant. Even if they weighed it in for scrap, they would be on a loser!
More importantly, these cuffs would be lost forever.

Your thoughts........

It's called a will

Just a thought.

Most of us have serious collections & many have rare items. How do we protect these for the future?
If any of us were to be told we had six months to live, we would not want to spend our precious time selling our cuffs, we would want to share it with our loved ones! Whether we know beforehand or not how do we stop our cuffs (let alone the rare ones) from being lost. How many of us have a spouse, partner, sibling or children that would not know how to pass these gems on to others that would cherish them? As much as I love collecting, I think of my collection as my pension & my legacy. The last thing I would want is for my children to think this is a pile of metal & take it down to the scrap merchant. Even if they weighed it in for scrap, they would be on a loser!
More importantly, these cuffs would be lost forever.

Your thoughts........

Click to expand...

Just tell your children to take them to the Pawn Stars show. They'll be safe there.

Just a thought.

Most of us have serious collections & many have rare items. How do we protect these for the future?
If any of us were to be told we had six months to live, we would not want to spend our precious time selling our cuffs, we would want to share it with our loved ones! Whether we know beforehand or not how do we stop our cuffs (let alone the rare ones) from being lost. How many of us have a spouse, partner, sibling or children that would not know how to pass these gems on to others that would cherish them? As much as I love collecting, I think of my collection as my pension & my legacy. The last thing I would want is for my children to think this is a pile of metal & take it down to the scrap merchant. Even if they weighed it in for scrap, they would be on a loser!
More importantly, these cuffs would be lost forever.

Your thoughts........

Click to expand...

Re: How do we protect our collections for the future?

Just a thought.

Most of us have serious collections & many have rare items. How do we protect these for the future?
If any of us were to be told we had six months to live, we would not want to spend our precious time selling our cuffs, we would want to share it with our loved ones! Whether we know beforehand or not how do we stop our cuffs (let alone the rare ones) from being lost. How many of us have a spouse, partner, sibling or children that would not know how to pass these gems on to others that would cherish them? As much as I love collecting, I think of my collection as my pension & my legacy. The last thing I would want is for my children to think this is a pile of metal & take it down to the scrap merchant. Even if they weighed it in for scrap, they would be on a loser!
More importantly, these cuffs would be lost forever.

Your thoughts........

Click to expand...

Handcuffs can be an investment, but don't count on it. My wife collected antique French and German dolls for years. Now no one wants them. There are far fewer collectors of handcuffs. Don't expect your family to want them either. They'd rather have the cash to buy something they want. If I died tomorrow, the collection would probably end up on eBay where collectors will find them, or someone from this collecting community could organize there sale, or they can be disposed of as per my written wishes in a Will. You should have control whether you are alive or dead. Either way they will not be lost unless there are no instructions and they are taken to a rubbish dump.
Paul

Just a thought.

Most of us have serious collections & many have rare items. How do we protect these for the future?
If any of us were to be told we had six months to live, we would not want to spend our precious time selling our cuffs, we would want to share it with our loved ones! Whether we know beforehand or not how do we stop our cuffs (let alone the rare ones) from being lost. How many of us have a spouse, partner, sibling or children that would not know how to pass these gems on to others that would cherish them? As much as I love collecting, I think of my collection as my pension & my legacy. The last thing I would want is for my children to think this is a pile of metal & take it down to the scrap merchant. Even if they weighed it in for scrap, they would be on a loser!
More importantly, these cuffs would be lost forever.

Your thoughts........

Click to expand...

In regards to the investment side, it's hard to speculate. Being relatively new to collecting compared to many, I hope that the hobby continues for years to come as well their monetary amount staying on par.

Getting to the core question, I have given my wife instructions to contact a couple collectors that I truly trust to liquidate my collection should I kick the bucket earlier than I hope. She is aware of what most cuffs are and we have an excel spreadsheet which includes, the name, what I paid, what I believe the value is, where I got it and photos of each. We update it about twice a year to try and keep it accurate. However even with all the basic info she could easily make a mistake, she wouldn't have the connections that the above mentioned collectors would have, and Id rather it not be a hassle on her considering what her emotional state may be.

Good post and I'm eager to hear what other collectors have done or any suggestions the may have.

Just a thought.

Most of us have serious collections & many have rare items. How do we protect these for the future?
If any of us were to be told we had six months to live, we would not want to spend our precious time selling our cuffs, we would want to share it with our loved ones! Whether we know beforehand or not how do we stop our cuffs (let alone the rare ones) from being lost. How many of us have a spouse, partner, sibling or children that would not know how to pass these gems on to others that would cherish them? As much as I love collecting, I think of my collection as my pension & my legacy. The last thing I would want is for my children to think this is a pile of metal & take it down to the scrap merchant. Even if they weighed it in for scrap, they would be on a loser!
More importantly, these cuffs would be lost forever.

Your thoughts........

Click to expand...

Joshua pretty much summed it up. You could this advice for most collectibles. The only thing I might add is where to dispose of them.

Just a thought.

Most of us have serious collections & many have rare items. How do we protect these for the future?
If any of us were to be told we had six months to live, we would not want to spend our precious time selling our cuffs, we would want to share it with our loved ones! Whether we know beforehand or not how do we stop our cuffs (let alone the rare ones) from being lost. How many of us have a spouse, partner, sibling or children that would not know how to pass these gems on to others that would cherish them? As much as I love collecting, I think of my collection as my pension & my legacy. The last thing I would want is for my children to think this is a pile of metal & take it down to the scrap merchant. Even if they weighed it in for scrap, they would be on a loser!
More importantly, these cuffs would be lost forever.

Your thoughts........

Click to expand...

Handcuff values seem to be on a declining trend. I suspect its because prices were previously driven to a high about 15 years ago by the difficulty of locating and collecting before the internet. The few salespeople back then set the prices as they saw fit, and collectors had to take them or leave them. Now, the worldwide ebay market sets the values, and it seems to be lower.

Just a thought.

Most of us have serious collections & many have rare items. How do we protect these for the future?
If any of us were to be told we had six months to live, we would not want to spend our precious time selling our cuffs, we would want to share it with our loved ones! Whether we know beforehand or not how do we stop our cuffs (let alone the rare ones) from being lost. How many of us have a spouse, partner, sibling or children that would not know how to pass these gems on to others that would cherish them? As much as I love collecting, I think of my collection as my pension & my legacy. The last thing I would want is for my children to think this is a pile of metal & take it down to the scrap merchant. Even if they weighed it in for scrap, they would be on a loser!
More importantly, these cuffs would be lost forever.

Your thoughts........

Click to expand...

As long as people have been collecting, other people have been tossing it out, upon their death. Part of it is, they don't want to deal with it and the other part is that they don't care to deal with it.

--------

In my case, my mentor made a Living Trust, so most of the stuff he wanted me to have actually made it.

-------

The other issue is not with the spouse but the collector themselves. They never see themselves selling anything so there is no attempt to categorize or quantify anything.

When we think of giving-up our collections, we think of our morality. That's difficult to do.

Just a thought.

Most of us have serious collections & many have rare items. How do we protect these for the future?
If any of us were to be told we had six months to live, we would not want to spend our precious time selling our cuffs, we would want to share it with our loved ones! Whether we know beforehand or not how do we stop our cuffs (let alone the rare ones) from being lost. How many of us have a spouse, partner, sibling or children that would not know how to pass these gems on to others that would cherish them? As much as I love collecting, I think of my collection as my pension & my legacy. The last thing I would want is for my children to think this is a pile of metal & take it down to the scrap merchant. Even if they weighed it in for scrap, they would be on a loser!
More importantly, these cuffs would be lost forever.

Your thoughts........

Click to expand...

hi

my collection is allready garbage

Just a thought.

Most of us have serious collections & many have rare items. How do we protect these for the future?
If any of us were to be told we had six months to live, we would not want to spend our precious time selling our cuffs, we would want to share it with our loved ones! Whether we know beforehand or not how do we stop our cuffs (let alone the rare ones) from being lost. How many of us have a spouse, partner, sibling or children that would not know how to pass these gems on to others that would cherish them? As much as I love collecting, I think of my collection as my pension & my legacy. The last thing I would want is for my children to think this is a pile of metal & take it down to the scrap merchant. Even if they weighed it in for scrap, they would be on a loser!
More importantly, these cuffs would be lost forever.

Your thoughts........

Click to expand...

I often wonder about the "buying/selling was better/worse for the buyer/seller before/after eBay". It seems simple at first glance, but I find it to be one of the most complicated equations possible. There are so many factors to consider.