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What will happen to your collection ?????
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What will happen to your collection ?????

 
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GreatBarrWolf



Joined: 08 Jul 2011
Posts: 832

PostPosted: Mon Jan 02, 2012 8:45 pm 
Post subject: What will happen to your collection ?????
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I'm sat here contemplating another point lost to a so called big team who score in the last 5 minutes of the game and wondering why all the refereeing decisions go for the 'big' teams and against those who come from the lower end of the division! - moan over now to the question.

Have you considered what will become of your own painstakingly put together collection when you are gone?

For the past 10, 20 or 30 years you have sort out and purchased individual items to amass the collection you have. But what will become of your precious collection in the years to come as you reach pensionable age? Will it be handed down to your children or grandchildren. What if you pass on without leaving it to someone - will your wife or partner sell it off at a car boot sale.

From my own point of view I have two young sons who I hope to pass it on to - god knows how I will split it between them. And fortunately my wife knows my collection has a value so it won't end up down the local charity shop or car boot.

What about you? Ever given it a thought?

One final point - if you are looking to hand it down in the family do it early enough to ensure your recipient does not have to pay inheritance tax on the value of it. Wouldn't want the government to get there hands on some of it would you.

GreatBarrWolf
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albion99



Joined: 03 Dec 2011
Posts: 243
Location: Peterborough UK

PostPosted: Tue Jan 03, 2012 6:45 pm 
Post subject: Is it an age thing?
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Yes!
I am going through exactly that what happens when dilemma at the moment, hence me asking a thousand and one questions on here at the moment.

Con
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Tynie Topics



Joined: 26 Nov 2009
Posts: 3572

PostPosted: Tue Jan 03, 2012 7:44 pm 
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We don't have kids and unlikely to do so. Her indoors knows the
collection has value so if I pop my clogs first it wont be heading for a car boot!

The most likely outcome is that, unless my bank balance looks healthy (!) then the collection - or part of it - may be sold to supplement our pension when that time comes (two or three decades away yet).

It' s just as much an investment to me as well as a hobby.
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matt blue



Joined: 08 Jan 2009
Posts: 1523
Location: Coity

PostPosted: Wed Jan 04, 2012 12:06 am 
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I feel mine will eventually be sold when I retire..saying that ive not started a family yet so if im lucky to have a boy i hope hed be interested in footie
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redmiddyman



Joined: 31 Dec 2011
Posts: 36

PostPosted: Wed Jan 04, 2012 12:33 am 
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Good question to answer because apart from the value of the collection sometimes its more about somebodys lifetime acheivement with hours upon hours which have gone into compiling and organising everything etc.

Trouble is passing it down to two kids the collection would have to be split really so there would be no problems or the interest just might not be there, In which case would be better off sold at retirement age anyway....but dont think I could ever do it!
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Dorking



Joined: 05 Feb 2010
Posts: 2529

PostPosted: Wed Jan 04, 2012 9:16 am 
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Inheritance tax won't come into it - as far as I'm concerned it will just be given to my son, the taxman will never know anything about it. It's not like it's a traceable asset like a house.
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cardiff55



Joined: 22 Jun 2009
Posts: 532

PostPosted: Fri Jan 06, 2012 12:38 am 
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I've just sold mine.....for the 3rd time!

HAd probably the best ever Cardiff collection and sold it 1995, then started again, got bored and sold that too. Started again about 5 years ago but haven't got the motivation so sold it 3 weeks ago. Won't collect again. I kept my reserve collection , which is about a thousand items and am now selling that via Ebay. Will spend the money on some new clothes. I know a few collectors who are ready to sell up, especially now as prices are falling and fewer new entrants to the hobby.

No regrets at the moment but if I win the lottery on Saturday I'll be round my friends house offering him something for his complete post war collection!
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nozer



Joined: 24 Mar 2011
Posts: 1109
Location: Liverpool

PostPosted: Fri Jan 06, 2012 12:51 am 
Post subject: What will happen to your collection
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You did not by chance have a Cardiff v Portsmouth 57 (Friendly) in that lot did you ?.
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matt blue



Joined: 08 Jan 2009
Posts: 1523
Location: Coity

PostPosted: Fri Jan 06, 2012 12:56 am 
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cardiff55 wrote:
I've just sold mine.....for the 3rd time!

HAd probably the best ever Cardiff collection and sold it 1995, then started again, got bored and sold that too. Started again about 5 years ago but haven't got the motivation so sold it 3 weeks ago. Won't collect again. I kept my reserve collection , which is about a thousand items and am now selling that via Ebay. Will spend the money on some new clothes. I know a few collectors who are ready to sell up, especially now as prices are falling and fewer new entrants to the hobby.

No regrets at the moment but if I win the lottery on Saturday I'll be round my friends house offering him something for his complete post war collection!


complete post war collection ??? Who be this then tony ?
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cardiff55



Joined: 22 Jun 2009
Posts: 532

PostPosted: Fri Jan 06, 2012 12:52 pm 
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No I was missing the Portsmouth Friendly.

Matt, my mate has a complete post war collection of Homes (actually I know 2 people who have this and are looking to sell).

I did send you an email about the 20 or so you needed that i had, but sadly they've gone now.
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matt blue



Joined: 08 Jan 2009
Posts: 1523
Location: Coity

PostPosted: Fri Jan 06, 2012 1:23 pm 
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Bugger i must of missed the mail tony Sad is one of them paul by any chance ?
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upthecounty



Joined: 21 Nov 2008
Posts: 188

PostPosted: Sun Jan 08, 2012 1:25 pm 
Post subject: Post subject: What will happen to your collection ?????
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I still need 51 homes to complete my Newport collection, but have recently added the elusive Chelsea 45/6 home, so appear to have broken the back of it.
Will use to supplement my pension in years to come. Still get a really great feeling when I track something down that I don't have, although to be fair it doesn't happen as frequently as I would like.
Keep smiling and good luck
Scott
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slugger



Joined: 31 May 2009
Posts: 342

PostPosted: Sun Jan 08, 2012 2:27 pm 
Post subject: my collection
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Hi Scott,

Did you buy the Chelsea one at the Sporting Gold auction?.

Cheers,

John
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matt blue



Joined: 08 Jan 2009
Posts: 1523
Location: Coity

PostPosted: Mon Jan 09, 2012 1:06 am 
Post subject: Re: Post subject: What will happen to your collection ?????
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upthecounty wrote:
I still need 51 homes to complete my Newport collection, but have recently added the elusive Chelsea 45/6 home, so appear to have broken the back of it.
Will use to supplement my pension in years to come. Still get a really great feeling when I track something down that I don't have, although to be fair it doesn't happen as frequently as I would like.
Keep smiling and good luck
Scott


Scott,

What year is that back to ?? noticed a few chelsea 45 go for auction recently, glad you finally got one !!

Cheers

matt
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upthecounty



Joined: 21 Nov 2008
Posts: 188

PostPosted: Mon Jan 09, 2012 11:29 pm 
Post subject: Post subject: Post subject: What will happen to your collect
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Hi John, I managed to purchase the Chelsea home for a bottle of Brandy! from an old chap that lives within spitting distance of my house, the strange bit is that I've known him for 10 years and didn't realise that he was a Chelsea fan as a kid. My Mrs has tried to add to my moral dilemma by informing me that I should come clean and let him now the value! whilst I try to be as honest as possible, I declined.

Hi Matt, my collection goes back to the war, I've got a handful of early 30's progarmmes, but at £200 a pop I thought that I needed to reign in the urge to go any further back.

Keep smiling Laughing
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matt blue



Joined: 08 Jan 2009
Posts: 1523
Location: Coity

PostPosted: Tue Jan 10, 2012 2:24 pm 
Post subject: Re: Post subject: Post subject: What will happen to your col
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upthecounty wrote:
Hi John, I managed to purchase the Chelsea home for a bottle of Brandy! from an old chap that lives within spitting distance of my house, the strange bit is that I've known him for 10 years and didn't realise that he was a Chelsea fan as a kid. My Mrs has tried to add to my moral dilemma by informing me that I should come clean and let him now the value! whilst I try to be as honest as possible, I declined.

Hi Matt, my collection goes back to the war, I've got a handful of early 30's progarmmes, but at £200 a pop I thought that I needed to reign in the urge to go any further back.

Keep smiling Laughing


Lol i bet you did decline aswell Smile....im down to 44 home league cardiff programmes - am sure ill get them all eventually !!
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WileBrownAstle



Joined: 03 Nov 2009
Posts: 1042
Location: Crewe

PostPosted: Tue Jan 17, 2012 9:20 am 
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Not thought much about it yet, if push came to shove, then I may consider selling.
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tackler7



Joined: 26 May 2011
Posts: 256

PostPosted: Thu Mar 15, 2012 4:51 pm 
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Tis a good question.

I'm a collector of rugby programmes and my club is now sadly defunct, Crying or Very sad so my collection is now an historical and social record.

Money has never come into it, it has been built up over the years from match attendences, donations and in later years ebay bids.

I wouldn't want the collection splitting it but maintaining as a whole and made available to researchers etc. To that end I have considered donating it to either the local archive service - who hold the official club archive which contains some programmes or to the RFU Museum.

Either way I want it to be kept together and accessible, hopefully with some public display from time to time.

Hopefully I have many more years to live before I have to make the decision!
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