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Post by The Mad Plumber on Oct 9, 2012 12:28:36 GMT -5
Currently, I am taking an inventory of collectibles for the purpose of valuing and insuring them. The first plan was that, after I had acquired the descriptions and UPCs, I would plug the UPCs into eBay and gain a general idea of each item's value based on selling prices. However, it never occurred to me until just now that this would be an egregiously inaccurate system, where my numbers would be thrown off by users undercharging or overcharging for particular items. I believe Affy has posted threads about ridiculous pricing of Amazon items.
I figured the best source to get values is something like a Wizard magazine. However, a single Wizard is not going to contain the information on all the items I need to value.
So, I am posting this thread to get an aficionado's information on what is a better source to research the values of items. Thanks for your help.
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Post by CBG on Oct 9, 2012 12:33:16 GMT -5
What kind of items are we talking about here?
Clothing? Pictures? Toys? Art? Comics? All of the above?
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Post by The Mad Plumber on Oct 9, 2012 12:42:21 GMT -5
What kind of items are we talking about here? I'm dealing with Star Wars collectibles, and I might also include a few Rankin-Bass Rudolph items as well. Most of the items are in the forms of Kenner toys, with other items being comic books, paperbacks, board games, Legos, and odds-and-ends. |
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Post by CBG on Oct 9, 2012 12:51:22 GMT -5
I hate to be a wet blanket here, plumb, but the 'value' on those things have gone down considerably.
As far as insurance goes, they want a current, realistic evaluation of the items. They will check places like ebay and amazon. Something is only worth what someone is willing to pay for it.
You might be better off with a blanket policy for say $10-20K, depending on how much you have. Again, I don't mean to discourage you, I've been there, done that and had A LOT of disappointments when those "out there" didn't appreciate the value I had placed on something. I'm talking original movie props, and one-of a kind items. Timing is everything, and right now, the economy sucks and the disposable income that is generally out there for stuff like this just isn't right now. I'd continue cataloging and assessing your stuff, and maybe wait for it to turn around.
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Post by The Mad Plumber on Oct 9, 2012 12:57:09 GMT -5
That is one wet blanket.
Well, I suppose that does at least simplify things. I'm not so much interested in disposing the collection, but rather just covering my ass in case something happened to it. So, I will do what you said.
Thanks for your help, Scotty!
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Post by CBG on Oct 9, 2012 13:18:31 GMT -5
Any time.
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