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Who buys collections

BMHouze

Well-Known Member
Mar 11, 2014
1,295
283
83
Delhi Ontario
My mother in laws recent trip to the hospital has me wondering
IF something were to happen to me or both myself and my wife, who buys collections?
I may want to make a note for any executor.
I personally only have 4 recent titles.
And like sales, I am sure there are more small collection buyers than large.

Personally, Ontario
 

MoPin

Active Member
Mar 2, 2021
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TO
If you die unexpectedly, then who cares about pinball machines….You Are Dead!!! Strangest thing ever to worry about frankly.
 

roar

Well-Known Member
Oct 22, 2015
695
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Waterdown
Estate planning is a great idea and thoughtful of you, and from my pov the responsible thing to do.

For 4 games… I wouldn’t be too worried about it, a post to Kijiji or Facebook marketplace will quickly liquidate your collection. Your estate may not max out their values but I wouldn’t worry about them being overly burdened, if they get priced too low there are enough people on those sites that will gladly jump in to tell whomever is selling that they are selling too low and will offer more to try and steal the sale from the lowballers.

For larger collections I’d have to guess you’ve made friends in the hobby, I’d check in with one of them that you trust and ask for their help for your family if you were to suddenly pass.
 

Chris Bardon

Well-Known Member
Nov 15, 2012
1,426
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Mississauga, ON
It's a good idea to have plans, but having gone through this just recently with my father in law, don't list anything as a "collection" in a will. You can have separate instructions for an estate trustee that you trust them to follow (X gets my pins, Y gets the car etc), but once it's in the will, it can make things more complicated for them with respect to probate, and any other legal stuff that comes up. It does take some resourcefulness on the part of a trustee, but worst case some of the auction houses that deal with contents will be able to deal with a few pinball machines. Best case is someone looks for pinball collectors in the area, and finds this website, TOPL, Maple Pinball, or any of the Ontario pinball facebook groups, or they look for listings on ebay for an idea on value. I've done that for a bunch of classes of things from an estate recently, and have had some good luck with other collectors looking to pick things up in bulk. I've also pieced out other collections to try to get more value out of them. At a certain point with an estate, it's the trustee's call as to how much time they want to put in, or if they're at "just make it go away".

From my recent experience with this though, 4 pinball machines is easy. Only 4 things after all. Lots of small stuff are harder. Speaking of which, anyone know someone who buys high end knife collections? I've still got several hundred to get rid of :)
 

shinynick

Active Member
Jan 10, 2013
177
161
43
Georgetown, ON
We do appraisals for insurance companies and separations but it may not be useful for your estate which may not be settled for decades!
We do buy collections as well.
 

Smokezz

Active Member
Apr 29, 2019
334
229
43
55
Kingsville, ON
If you die unexpectedly, then who cares about pinball machines….You Are Dead!!! Strangest thing ever to worry about frankly.

I care because I don't want someone waltzing in and fucking over my wife on the value of my machines. "Oh, those machines aren't worth much... we'll take them off your hands for a few thousand dollars". I want her, or my kids to get the maximum amount they can for every single machine.

Personally, I've already got a document that if it's just me my wife knows who to talk to for help selling them. If it's both me and my wife (car crash or something), then my kids will know what to do. And that's for the pinball machines and other things in the house that they don't necessarily know what they're worth.
 

MoPin

Active Member
Mar 2, 2021
250
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TO
I care because I don't want someone waltzing in and fucking over my wife on the value of my machines. "Oh, those machines aren't worth much... we'll take them off your hands for a few thousand dollars". I want her, or my kids to get the maximum amount they can for every single machine.

Personally, I've already got a document that if it's just me my wife knows who to talk to for help selling them. If it's both me and my wife (car crash or something), then my kids will know what to do. And that's for the pinball machines and other things in the house that they don't necessarily know what they're worth.
If your family does not know what your pins are worth than they don’t deserve to get top dollar for them. Either talk to your family or stop lying about what you are paying for them :)
 

Smokezz

Active Member
Apr 29, 2019
334
229
43
55
Kingsville, ON
If your family does not know what your pins are worth than they don’t deserve to get top dollar for them. Either talk to your family or stop lying about what you are paying for them :)

Are you huffing glue? That's what the document is for. Why the fuck would my kids know, or care to talk about the pinball machines? They don't play them. My wife knows exactly what I paid for them but the value changes over time. You know that, you bitch all the time about it.
 
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GUARD

Active Member
Sep 17, 2016
494
235
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66
Guelph
sorry to jump in on this, but is it important to have the pins appraised for your home insurance?
I had a fire about 6 years ago and my insurance company just told me to find someone in the hobby who'd write down approximately what they were worth.
Got Dan Beeson to list them with value (since one of them was my first pin and I'd gotten it from him) and they paid right off no questions asked. Even got the 4 that weren't really affected back.....once I got the smoke smell out 3 were just fine. Some of you have probably played Nick Greenan's Space Shuttle.
 

Chris Bardon

Well-Known Member
Nov 15, 2012
1,426
255
83
Mississauga, ON
sorry to jump in on this, but is it important to have the pins appraised for your home insurance?
You'll need appraisals if there's damage, but the trick is proving what you had before damage. If your house burns down and you lose everything, can you document that you owned all those pins? I've got pictures of any collections of things like that for that very reason. Will it be enough? Who knows, but at least there's a record.
 
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shinynick

Active Member
Jan 10, 2013
177
161
43
Georgetown, ON
sorry to jump in on this, but is it important to have the pins appraised for your home insurance?
This is a question for your insurance company. Some of them will lump your Games into house contents and you just have to have details about what you had and be able to show replacement value. Some insurance companies will say that if you have more than two or three, then it is a collection (like an art collection) and it must be officially appraised in some way.
I suppose the issue with doing an appraisal for insurance purposes is that you might have to do it every few years to keep up with market values
 
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