Dear Blog … 16.05– 03/01/19

adult-2242164_960_720

From Collection to Hoarding,

Ten years ago, my Father had his stamps and his Wisdens valued, and ten years ago, they were worth more than today. However, ten years ago, he was a very active collector of the Wisdens and his specific genre of the stamps.

Once he had managed to collect as many of the back copies of the cricket almanac as he could, and considering that they started as a series back in 1864 he was only short 3 issues. He couldn’t stretch financially to those three books. But he then proceeded to continue buying the actual yearly almanac at a cost of £55.00 per year, so from 2008 – 2018 as an example, he spent £550 on those ten copies. Their current rebuy to sell on value is between £10 – £15 each, so those ten copies are now valued and worth respectively between £100 and £150, a loss already of £400.00

Overall he had spent on the entire collection of secondhand, new, reprints and facsimile copies which is a collection of 151 books from 1864 – 2018 £6000. Ten years ago had he sold he was likely to have received £30,000.00.

Ten years ago, the fuelled and energetic passion he had for regaining as much of the collection as possible, died, because he realised he couldn’t afford those last three issues. But so too did his passion for collection of the almanacs, he then started to hoard them. So the last ten copies were just new additions to a dead collection, and therefore lost finances.

The collection’s value today, of 151 books of all formats listed above is around £7000.00 base value.The market is no longer buoyant for Wisdens Cricket almanac and most likely buyers will either be stockists, retailers or very, very keen enthusiasts. Now we might in auction if lucky find a buyer of the ‘lot’ and if so and other parties are interested – we might fetch between £8-12K.

Not a lot is it in consideration to what he spent out on it as initial investment. That’s the very nature of the beast as far as collections go, but the prime example of hoarders gone awry.

His stamps, a very specilised collection of two main periods and countries were Australia and Germany. Ten years ago, with a healthy market the two collections were valued at around £6500, ten years later and they are now only worth £1800.

My Father told everyone what his collections were worth in 2008, he valued them at around £40,000.00. At the time, he was spot on the money, but ten years later, they might if lucky as two collections fetch at base value perhaps £10,000.00. If Lucky.

Ideally, we would want someone to come along and want to buy the stamps as a complete collection and so too the Wisdens. But we don’t live in that market anymore. Most likely what will happen is that the stamps and the books will sit in the auction houses for months selling in a slow trickle and everything will devalue very fast indeed. At that pace, with collections broken up through piece sales, they might then only be worth £6000.00, tops.

Making matters significantly worse, my Father was only ever interested in the chase of the collection, because once he had that, then he cared not for it and looked for something else to focus his mind on, and so the Wisdens and the stamps then suffered through neglect.

The Australian collection of stamps as a perfect example, in 2008 was valued at £300 alone, but due to neglect from my Father, he stored them in a place that was cold and damp and they became damaged.

The Australian collection now is only worth:  £70

Australia 1913 -1967 £50.00
Australia 1967 – !974 £10.00
Australa 1974 – 1981 £10.00

He had a small collection of Great Britain valued originally at £200, now worth £25.00.

Great Britain 1840 – 1964 £5.00 Affected by damp – Some stamps stuck in.
Great Britain 1964 – 1973 £10.00 Affected by damp – Some stamps stuck in.
Great Britain 1974 – 1981 £10.00 Affected by damp – Some stamps stuck in.

The main bulk of his collection was German, initially valued at £6000.00 in 2008, now worth much less!

TITLE RETAIL ESTIMATE NOTES
1872 – 1918 £500.00
1919 – 1926 £300.00
1926 – 1932 £250.00
1933 – 1945 £500.00
3rd Reich + Officials + Occupations £200.00
1945 – 1949 + Zones + Danzig £150.00
1951 – 2011 £100.00
Third Reich Covers £50.00
1872 – 1923 £100.00
German States, Colonies & Territories £100.00
Red Stock book (No Title) £50.00
Bavaria 1849 – 1922 £50.00
DDR 1949 – 1991 £10.00
Black and Blue Schaubek Album £0.00 Empty except for a few low value stamps
49 – 64 (West Germany) £200.00
65 – 73 (West Germany) £45.00
74 – 80 (West Germany) £40.00
80 – 86 (West Germany) £45.00
86 – 91 (West Germany) £45.00
91 – 94 (Germany) £45.00
95 – 97 (Germany) £45.00
97 – 01 (Germany) £50.00
01 – 04 (Germany) £50.00
04 – 08 (Germany) £50.00
08 – 11 (Germany) £70.00
12 – 14 (Germany) £70.00
15 -18 (Germany) £100.00
West Berlin 1948 – 1972 £300.00
West Berlin 1973 – 1987 £40.00
West Berlin 1987 – 1990 £40.00
German States Wurtemberg £20.00

This sadly will mean nothing to many people reading this. But what is astonishing is that for the last ten years, with his motivation gone from collecting, he hoarded, and then he didn’t take care of them, and so they devalued terribly through negligence. Hoarding is the complete opposite to collecting.

But this was my Father, he would start off with quality, then leave it, so it gathered dust, and was simply forgotten about or damp struck it down, or mildew, or rot … doesn’t matter what caused the damage, damage is damage.

But he didn’t tell people about the damaged parts to collections or the neglect he simply told them values that were ten years ago of age to impress visitors or friends.

This man, my Father was just so wasteful of money. I am not talking about the £200k to my Sister in 18 years, that money is gone, l am talking about the state of affairs that he lived his life and the charade he presented to the world. Everyone thought him wealthy, which he was ‘relatively speaking’ and his estate would have been richer if not for a certain daughter, ripping him blind and him allowing it to happen.

I threw out clothing that he had dry cleaned from when he retired at 65 [2003], that he never wore again, and he simply left to rot in his closets. He never changed the furniture from the matrimonial home, so everything l grew up with when living with my parents he kept and never cleaned, and this too showed signs of rot and wear and tear.

He has a mini, that my Sister was supposed to turn over every couple of weeks since his death that is now deader than a Dodo, l have had to value it at a guess figure, because we cannot get it started. It’s just another thing that has been left to idle and slide away into a  devalued world. The car with no tax, insurance, no MOT and not starting is just a metal box with four wheels.

The estate is now only holding any true value in the property itself, because all the house content, car included is next to nothing in value. This is the danger of over collecting, when collections turn to hoardings.

This is an absolute crying shame.

Dear Blog ……

8 thoughts on “Dear Blog … 16.05– 03/01/19

      1. Happy New Year to you, Rory! I just started back yesterday. Instead of me writing all of it over again here, you can just read my post from yesterday.
        It most certainly feels great to be back. I truly missed everyone in ways you can’t even imagine.
        LOL! That was the last time you read my blog was with the mold underneath my window… OMG, that does seem like a really long time. Oye!

        Liked by 1 person

Comments are closed.

Blog at WordPress.com.

Up ↑

%d bloggers like this: