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History Old magazine collection to get rid of

Discussion in 'The Hokey Ass Message Board' started by Jantrix, Apr 2, 2011.

  1. Jantrix
    Joined: Oct 28, 2010
    Posts: 85

    Jantrix
    Member

    Guys I need some help. A family member of some means has acquired an automotive magazine/publication collection of mythic proportions. Magazines and dealer auto brochures dating back to the 40's and all sorts of random auto publications from the 40's 50's and 60's mostly. To quote my cousin, the collection filled a 24' auto carrier trailer 4' deep. Apparently someone who once worked in auto design back in the day accumulated this stuff over a lifetime. Once he passed, his wife sold it all to my cousin to help pay for her own mounting medical bills.

    One top of this a 1000+ kit model collection as well. I'll be helping him with the models via Ebay, but none of us have the time to catalog this enormous publication collection much less sell it all piece by piece.

    Does anyone have any idea (because I'm stumped) how to go about liquidating this collection?
     
  2. zman
    Joined: Apr 2, 2001
    Posts: 16,783

    zman
    Member
    from Garner, NC

    sounds like you're between a rock and a hard place, but I'd say put it in the classifieds or on eBay. But don't expect much if you're not willing to inventory it.
     
  3. Dale Fairfax
    Joined: Jan 10, 2006
    Posts: 2,585

    Dale Fairfax
    Member Emeritus

    I hate to say this (in view of the shear volume) but you really need to inventory what you have.) Once that's done, you can market it.
     
  4. partsdawg
    Joined: Feb 12, 2006
    Posts: 3,722

    partsdawg
    ALLIANCE MEMBER
    from Minnesota

    Wish you were closer.I do inventories like that often.Simple jobs for simple minds.
    Once cataloged selling is fairly easy.
     
  5. kopperkart
    Joined: Aug 31, 2008
    Posts: 468

    kopperkart
    Member
    from Wisconsin

    You could offer it as a PIF here!
     
  6. Jantrix
    Joined: Oct 28, 2010
    Posts: 85

    Jantrix
    Member

    Sorry. PIF?
     
  7. 123
    Joined: Jul 2, 2009
    Posts: 429

    123
    Member
    from Seattle

    He's right! My dads collection (the first one) took 4 guys and 3 big Uhaul trucks along with 4 months of just doing inventory. Figure any thing like Hot Rod, Car Craft or Popular Hot Rodding from the mid 70's and up is only worth about $1.50 each. Stuff before the mid 70's can be any where from $3.00 and up.

    If there are any North West Rod (little books) let me know, I might be interested in them.
     
  8. milo1303s
    Joined: Jul 4, 2010
    Posts: 231

    milo1303s
    Member

    How bout a Ebay user name so I can see what model kits you got !!!
     
  9. <FANG>
    Joined: Feb 7, 2008
    Posts: 530

    <FANG>
    Member
    from W.L.A.

    Donate the magazines to our troops
    Find a local armoire to pick them up
    I&#8217;m sure they will enjoy them and you will feel good about your decision
     
  10. jimi'shemi291
    Joined: Jan 21, 2009
    Posts: 9,499

    jimi'shemi291
    Member

    PIF is an acronym for "Pay It Forward." It means give it away to someone who can use it -- for free -- if they come and pick it up (in this instance, sounds as if shipping is prohibitive, to say the least).
     
  11. 100% Matt
    Joined: Aug 7, 2006
    Posts: 2,773

    100% Matt
    Member

  12. Kevinsrodshop
    Joined: Aug 22, 2009
    Posts: 589

    Kevinsrodshop
    Member

    Not a bad idea!
     
  13. dannyego
    Joined: Mar 12, 2008
    Posts: 1,387

    dannyego
    Member

    Donate them and take the tax write off.
     
  14. TomWar
    Joined: Jun 11, 2006
    Posts: 727

    TomWar
    Member

    You need an appraisal to get a Tax Write-off. and to get an appraisal you need an inventory!!
     
  15. ScottyVenture
    Joined: Jul 13, 2008
    Posts: 114

    ScottyVenture
    Member

    I'll take some :D Wifey want's to paper some of the bare spots inside the '65 with them.
     
  16. jamesdfo
    Joined: Mar 16, 2006
    Posts: 133

    jamesdfo
    Member

    If you donate them to a museum, they will do inventory & appraisal, and issue tax credit slip based off that.....at least they did for me here in Alberta.....

    James
     
  17. dannyego
    Joined: Mar 12, 2008
    Posts: 1,387

    dannyego
    Member

    What he said. The donatee has to inventory and supply the tax slip.
     
  18. The37Kid
    Joined: Apr 30, 2004
    Posts: 32,083

    The37Kid
    ALLIANCE MEMBER

    If you can list car models on eBay, listing magazines and sales literature isn't any different. I wish I had your "problem", most people dream of a once in a life time gift like this.
     
  19. jimi'shemi291
    Joined: Jan 21, 2009
    Posts: 9,499

    jimi'shemi291
    Member

    TomWar has a point, but if you get a pro appraisal, THAT COST should be tax deductible too.
     
  20. Toner283
    Joined: Feb 13, 2008
    Posts: 1,325

    Toner283
    Member

    x2.
     
  21. DustyBarnfinds
    Joined: Mar 16, 2011
    Posts: 65

    DustyBarnfinds
    Member

    It's too bad we just bought over 15,000 pieces from another private individual or we would definitely be interested. However, This recent purchase will keep us occupied for at least a year doing exactly what has been discussed: the inventorying, condition grading, and sorting. It's a big job.

    If you want to sell it as a collection without having to inventory it, you will probably get between 10% and 15% of what it will bring inventoried and priced. Walter Miller is the largest buyer of unsorted collections in the country today. You can contact him here: http://www.autolit.com/contact.html He is a quality guy, but definitely knows what things are worth to him as a businessman. You can negotiate with him a bit on his offers.

    Let us know how this all plays out!
     
  22. Blue One
    Joined: Feb 6, 2010
    Posts: 11,491

    Blue One
    ALLIANCE MEMBER
    from Alberta

    Good luck, I asked the same question on here quite a long while back now and my post was deleted so fast it would make your head spin :D

    They seemed to think I was offering them for sale right here on the thread :rolleyes:

    Good luck.

    These guys in Vancouver BC would likely be interested in the whole collection, but again you would have to take the time to catalog them so they could make a proper offer.

    Would be well worth your time to do so.

    http://www.eautomobilia.com/
     
  23. Jantrix
    Joined: Oct 28, 2010
    Posts: 85

    Jantrix
    Member

    Guys thanks for all the info and advice. I have passed it all onto my cousin and we'll see what he does with tit. As for the model kits, after seeing pics of the stash, it looks like most of it has been kitbashed, built, semi-build or otherwise molested. I advised him to find a local vendor (someone who sells stuff like that at shows and contests) who might make him an offer on it.
     
  24. safari-wagon
    Joined: Jan 12, 2008
    Posts: 1,457

    safari-wagon
    Member

    The Detroit Public Library or the Henry Ford Museum would also be a good place to inquire. They both have extensive collections.

    The GM Heritage Collection is still building up theirs, so they might be a player.
     
  25. jimi'shemi291
    Joined: Jan 21, 2009
    Posts: 9,499

    jimi'shemi291
    Member

    If the material is in a safe, dry place and isn't costing a ton to store, I'd SLOW down and find out what you really have. If you just want it out of your hair, or it's a necessity to move it all fast, fine. But don't look over your shoulder after it's all gone. Just let it go, and forget it.

    Also, the kits can fool you. The BOXES are sometimes worth more than the kits themselves. Collectors will pay serious green for complete INSTRUCTIONS and even the plastic sprues the parts were cast on Believe it or not.
     

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