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Subject: 
What would happen to your collection....
Newsgroups: 
lugnet.org.ca.rtltoronto, lugnet.general
Date: 
Wed, 30 Jan 2008 15:08:50 GMT
Viewed: 
6677 times
  
Not going to be morbid or anything, but here's the scenario--

You pass on.

What happens to your LEGO collection?

Many of us have collections well into the thousands, and some of us have well
into the hundreds of thousands of pieces.

I'd imagine that most of us would bequeath our collection to kids/relatives, but
what if you know that no one in your family is interested in your collection?

To not put a strain on your family, you have to come up with something before
you pass on.

As well, you know that if your collection is sold in an estate auction, your
family won't get anything close to what your collection's worth.

I have these thoughts because of a situation I'm finding myself in--a friend
lost her husband and now is left with quite a large collection of LEGO bricks
and really doesn't know what to do with them.  I'm trying to help in any way I
can.  It would be nice if the collection went to another fan of the brick.
However, most of my LEGO friends already have substantial collections and/or
aren't interested in buying another huge collection.  And there is the cost--I
mean, fair market value of a collection--how do you judge that?  As well, if
it's a huge collection, who has thousands of dollars of disposable income to buy
the collection outright?  I was thinking that if a few of my LEGO friends were
to go in on this, that we could buy the collection and divide it amongst
ourselves.  But would that work?

For myself--though only 40, I've been thinking about what would happen to my 300
thousand+ collection should something happen to me--my LEGO collection being the
only thing that I own that is worth something, but it's a labour of love--so
what to do?  I would hate to see my collection just pawned off on someone, or
sold piece by piece to others.

I think that as the general population of the AFOL community ages, these types
of issues may become more prevalent.

I'm pretty thankful that my friends have voiced their concern for my collection
should I pass on.  They've stated that they'd find a 'good home' for all my
pieces :)

Dave K



Message has 7 Replies:
  Re: What would happen to your collection....
 
(...) Simple. Procreate:-) Or will it to relatives with kids or who are young adults that will be having kids (assuming loose bricks) If you are talking MOCs, they could be saved as heirlooms, or sold off on eBay. Sad to think about; thanks, Dave. (...) (16 years ago, 30-Jan-08, to lugnet.org.ca.rtltoronto, lugnet.general, FTX)
  Re: What would happen to your collection....
 
(...) I'd make sure that the majority goes to the GMLTC. Of course they'd probably be cursing my name as they finished the sorting I never got around to doing, but they'd have a lot more bricks to build with. JohnG, GMLTC (16 years ago, 30-Jan-08, to lugnet.org.ca.rtltoronto, lugnet.general)
  Re: What would happen to your collection....
 
Good question - hey I turned 40 last year too, but I have kids who will get it all. There are choices for those without an obvious beneficiary but first you have ask the really tough question: does the estate need the value of the collection in (...) (16 years ago, 30-Jan-08, to lugnet.org.ca.rtltoronto, lugnet.general, FTX)
  Re: What would happen to your collection....
 
(...) Anything I own will be left to my kids and wife. What they do with it will be up to them. If they don't want my collection, I'd like to think that they'd donate it to a local day care so that other kids can enjoy it. -Elroy (16 years ago, 30-Jan-08, to lugnet.org.ca.rtltoronto, lugnet.general)
  Re: What would happen to your collection....
 
(...) I asked my wife once (10 years younger than me) and she said garage sale. I have tried to convince her otherwise, hopefully. John P (16 years ago, 30-Jan-08, to lugnet.org.ca.rtltoronto, lugnet.general)
  Re: What would happen to your collection....
 
(...) Hi Dave: Sorry to hear of your friend's passing. This very subject has crossed my mind a few times. As you say, with our AFOL community aging, it will eventually become a very relevant topic. And it is the sort of thing we would be best off (...) (16 years ago, 31-Jan-08, to lugnet.org.ca.rtltoronto, lugnet.general)  
  Re: What would happen to your collection....
 
Good question. Age is irrelevant. Death can come to any of us, at any time. That car that decided to ignore that red traffic light might just make your Lego collection suddenly without a owner. I have no kids, and since the majority of my collection (...) (16 years ago, 12-Feb-08, to lugnet.org.ca.rtltoronto, lugnet.general)

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