The Collector's Dilemma: Where Do Collections End Up? What Happens to Collectors? Possibilities

ISBN: 0595381847

Author: Siegel, Jeanne

Condition: New

Collecting has become a national pastime, but what happens to collectors and their collections is a topic that is rarely discussed. If collectors are savvy, fate can be very kind; if not, they and their heirs will be disappointed.The Collector's Dilemma is for collectors who are undecided about the destination of their collection. Author and appraiser Jeanne Siegel discusses reasons to keep a collection intact and the procedures that new collectors should follow. She also offers expert advice on the following topics:Deals with selling optionsCompiling an inventoryAuction adviceDealer informationRestorationWillsInherited collectionsDonationsTax formsIn addition, The Collector's Dilemma debunks misconceptions about collecting. For instance, television road and auction shows highlight single pieces worth small fortunes instead of featuring entire collections. When thinking of moving a collection, collectors should realize that this in itself does not imply a loss. Instead, considering an exchange for a collection can be a smart move leading to cash to sweeten a retirement account, finance dream vacations, or fund college for grandchildren. Collectors may consider the prestige and pleasure of donating their collections to a museum, university, or library.Perfect for new and old collectors, heirs of collectors, estate lawyers, and dealers, The Collector's Dilemma will help those who are in the process of building or disposing of collections.