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What's going to happen to your comics when you croak?

Started by Schmakt,

46 posts in this topic

Schmakt

Schmakt

Posted
Posted

I've been trying to do some serious organizing of my comics (scan / grade everything in a database) and then trim a large large portion of what I have for an eventual "move-everything" sale and then maybe just donate the rest to... somewhere...(?)

 

Part of my motivation is that I don't want whoever has to deal with my when I'm dead to have to deal with stacks and stacks of unorganized mess. Especially since I'm sure that whoever it is won't know jack about comics.

 

So my thinking that is that I should have a detailed list of what I have so that it would be easy for whoever has to deal with it to send the list around, get prices, and just sell everything in bulk. Should hopefully make it easier for that person to not get screwed due to ignorance of what's in the boxes.

 

Have you guys done anything to prepare your collection for whoever has to clean up after you? Do those of you with valuable collections (mine's not worth ) specify what you want done in a will? Do you have a plan to have your best friend get rid of all your porn before you mom/girlfriend/wife finds it?

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zuckuss2003

zuckuss2003

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I am begining to plan for this, yes. I have my collection in collectorz which I plan to show my wife how to use. I will also be creating notes on the difference between graded and ungraded for her.

 

Then I will likely document the address and account info for my board access here, giving a few names of trusted members to contact to help her deal with if she wishes to liquidate the collection. I will also let her decide to give or sell them to her brother, he is a colelctor but not as enthusiastic as I am.

 

I just want to get prepared.

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goldust40

goldust40

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Do those of you with valuable collections (mine's not worth ) specify what you want done in a will?

 

A will would be a wise option, but by the point you'd need it one would hope that a son or daughter would take over as custodian of the books. A will would simply rubber stamp ownership for tax purposes.

 

I haven't done anything like that yet, but a simple Excel spreadsheet or database with prices and grades would do.

 

Do you have a plan to have your best friend get rid of all your porn before you mom/girlfriend/wife finds it?

 

Best to divest yourself of that stuff before you get ill, or it may hasten your demise. lol

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Dick Pontoon

Dick Pontoon

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If I'm lucky enough to live until old age and die of natural causes, then I will have gotten rid of it already. I want any surviving relatives to have the least amount of burden possible.

 

If I go suddenly and unexpectedly, I've already spoken to someone I trust about handling liquidation or consignment, and spoken to the missus about it as well. Its not written into a will, but she knows who to call.

 

Schmakt and his cheerful, holiday threads. lol

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comicalgems

comicalgems

Posted
Posted
I've been trying to do some serious organizing of my comics (scan / grade everything in a database) and then trim a large large portion of what I have for an eventual "move-everything" sale and then maybe just donate the rest to... somewhere...(?)

 

 

I should move this to the Out-Of-Context quote section.

 

Trimming books is bad when taken out of context. :-P

 

I have not planned for this as I intend to live forever! Seriously I have about five long boxes total and if it really needs to be liquidated I'm sure that the people who need to liquidate them can figure out how to do so.

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Paratrooper

Paratrooper

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They'll be long gone by the time I die. In fact, when I retire I'll probably sell them and start collecting 1st ed/1st print books. 2010 when I get promoted to MAJ my father will start me off by giving me his Atlas Shrugged 1st ed/1st print signed copy! Will look good with my Hunt for Red October and To Hell and Back books.

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Schmakt

Schmakt

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It was the "unexpected" that I guess I was most concerned with... the "least amount of burden" thing is mostly what I was thinking about. Someone once said something about how you spend the first half of your life collecting stuff and the second half of your life trying to get rid of it all. Just trying to start early! (hopfeully) :)

 

having like 5 long boxes would be a nice goal.

If I had kids, that would be very ideal, and I wouldn't worry about paring down the collection.

 

Definitely a good idea to write down usernames/passwords for places like this... hadn't thought about that. Isn't there actually a service where you can store all of your information and have some specified recipients who would get all that stuff once you die? What a strange idea, but I'm pretty sure I saw it on the "news" once.

 

hmmm... I bet I can make this database generate code for nice looking sales threads too.

It'll be nice to bump my post count postmortem :)

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silverweb

silverweb

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hm I need to update my will.

 

My wife gets my AF15 to do as she wants (she helped me buy it) while the rest goes to my son. Almost all the valuable books in my collection are in an Excel database.

 

If the non-slabbed books are graded (I use little post-its on the back side of the backing board) and in the database, then they should not be that difficult to sell or liquidate if desired. (along with an Overstreet guide or GPAnalysis for reference)

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HD

HD

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I told my wife about the Mound City collection and how the comics were auctioned for ten times what the guy's house did. I also have an OSPG sitting conspicuously on my desk. If I were to go suddenly, I bet she will be able to figure out that they should not go in a garage sale for 10c each.

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Jeffreykli

Jeffreykli

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I'm in the process of going through and creating an inventory of the "good stuff" on Excel. If something happens unexpectedly, I'm going to be making gifts of meaningful stuff to my friends, and the rest will get sold. The people in my life would know what the comics and art are worth, as well as luckily enough, either are or know people that know how to sell it.

 

The beauty of an estate plan is that as time goes by and my preferences change, I can change the plan accordingly.

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