Subject:
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Re: Appraiser for collection
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Newsgroups:
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lugnet.market.appraisal
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Date:
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Wed, 14 May 2008 02:37:03 GMT
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Viewed:
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9382 times
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In lugnet.market.appraisal, John Patterson wrote:
> What I did was go through Bricklink, item by item and list the average price of
> each set I owned in the computer. This was not easy as I took into
> consideration the condition of the box, the instructions and the bricks. While
> this might not be the best way, and took forever as I have almost 8200 sets,
> some of which are not listed. I also have monitored ebay for over 5 years and
> kept a list of what the items sold for. There was a guessemate that I also
> incorporated into the value as you are really never sure what the condition of
> the ebay item is. Bricklink is an invaluable tool in that you can get the
> average price, the number that sold over a period of time, and other
> information. Brinklink prices seem to come in a bit below ebay and you can look
> up sets that have only instructions and that are missing the boxes. I also took
> into account how many were on sale on brick link and where they were located.
> Since I am in the USA I also added a little to the value if the sets were only
> available outside the USA. It is not an easy chore, but I think that it is
> worthwhile for a collection of any worth.
> When I moved to El Paso I had a shipping box of Legos missing and since I had
> done most of this and listed my sets on Lugnet, the Army went with my figures
> and also with the proof that I owned the sets. I then went to Bricklink and
> computed what it would cost to replace these. I had no trouble from the Army
> collecting money for the missing Legos. It was because of the research and
> record keeping I had done before the loss.
> Know what you have, assigned an accepted value to it and maintain a record.
> Also remember that most insurance companys charge extra for collectables which
> you have to declare.
> John P
Thanks for your input John.
I am in a weird position. I am looking for an appraisal, not for insurance
value, but for a fair value.
I believe that because I am not in a selling position, that an overall
collection has a different value than individual sets.
I.E. If I want to sell my entire collection on eBay as one lot, I would have way
less money than set by set.
Also 90% of my sets are for pieces only to build MOCs, therefore, once open and
incomplete, the value drops drastically. And of course, even if I keep the box
for storage and the instructions, it would be insane to try to rebuild all the
models. I even sold lots of pieces individually, and kept only the one I was
interested in...
That is why I would like to find a way to appraise it as a entire collection.
It seems that the weight might be the closest thing to do.
And one point which seems important to me is hat I don't think that some of my
sets should be appraised for more than what I actually paid for.
I sold a fair amount on eBay and Blink... Once a set was damaged in the mail. I
had insurance on it. I showed the Blink sale, but it was refused as the real
value of the set. I had to show the receipt of what I paid for... and they were
willing to reimbourse that last amount only.
I.E. if I pay $10 for a set and resell it for $30, the insurance value is $10.
Hard call for sure.
Jean-Marc
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Message has 1 Reply:
 | | Re: Appraiser for collection
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| (...) Very different, yes. Mostly because selling the collection as a whole attracts almost nobody as buyers. You won't find many people willing to shell out thousands of dollars for an entire AFOL collection. (...) I'm not sure if that's (...) (16 years ago, 14-May-08, to lugnet.market.appraisal)
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Message is in Reply To:
| | Re: Appraiser for collection
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| (...) What I did was go through Bricklink, item by item and list the average price of each set I owned in the computer. This was not easy as I took into consideration the condition of the box, the instructions and the bricks. While this might not be (...) (16 years ago, 14-May-08, to lugnet.market.appraisal)
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