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Author
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Topic: What will you do with your collection after you die?
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TellingHistory Member Posts: 63 From: Franklin, TN 37027 Registered: Dec 2007
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posted 12-13-2007 06:46 PM
Okay, so I'm 45 and have three kids. But none care much for space.I've collected seriously in the American Civil War area for 20 years now. I am now focusing on space collecting. Not sure what to do with my ACW collection either. Maybe I should trade for kids who like the Civil War and Space? So, if I put some serious jack into space collecting - which I have started doing - what do I do with a really nice collection when I die? Hopefully 40 years from now? Anyone else in my shoes? What are you planning to do with your space collection if passing it on to your kids isn't an realistic option? I'm thinking of donating it to my county historical association or something like that. The main thing is I don't want it parted out and sold by kids who have no appreciation for what the collection meant to me. I'd rather give it to a charity. Thoughts or suggestions? Looking forward to your ideas. Thx. ------------------ Kraig McNutt Publisher Today in Space History http://www.TodayinSpaceHistory.com [email protected] |
randy Member Posts: 2176 From: West Jordan, Utah USA Registered: Dec 1999
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posted 12-13-2007 07:57 PM
It's in my will that I'm donating my collection to the BYU School of Math and Science.Randy |
TellingHistory Member Posts: 63 From: Franklin, TN 37027 Registered: Dec 2007
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posted 12-13-2007 08:19 PM
quote: Originally posted by randy: It's in my will that I'm donating my collection to the BYU School of Math and Science.
So are you specializing your collection to fit into their program optimally or just collecting what interests you the most?------------------ Kraig McNutt Publisher Today in Space History http://www.TodayinSpaceHistory.com [email protected] |
Murph Member Posts: 108 From: New York, NY USA Registered: Jan 2005
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posted 12-13-2007 08:29 PM
I'm taking it with me |
yeknom-ecaps Member Posts: 660 From: Northville MI USA Registered: Aug 2005
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posted 12-13-2007 08:35 PM
You could consider giving it to a "space" or "civil war" organization (e.g. museum) - especially if its in an exhibitable form - many of the small museums, etc. would love to get material to exhibit. Could also be given to space or civil war "societies" to exhibit (to attract new members) or sell (to get money to support the activities of that society). For example, the Space Unit sometime back in the early 1980's received a donation of space items - stamps, covers, photos, literature, etc. which were sold through the society auction to obtain funds to promote the Space Unit publications and activities. You want the material to be seen/enjoyed not stuffed in a box in a corner somewhere lost "forever" (like the missing original Apollo 11 tapes). |
robert barrett Member Posts: 77 From: lebanon, ohio, usa Registered: Sep 2003
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posted 12-13-2007 09:28 PM
I am selling my 38 year collection at the present time and will use money to finance a cruise to South America and Antarctica for myself and wife. bobsspace |
LCDR Scott Schneeweis New Member Posts: From: Registered:
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posted 12-13-2007 10:56 PM
I have received tremendous pleasure from space artifact ownership and believe that same opportunity should be afforded to future collectors. The more material that is stashed behind a museum display case or forgotten in basement storage; the less opportunity exists for individuals to benefit from the same collectors "high" and educational experience of tactical interaction that members of this community have had. With the exception of the very few items I own which are unique and not already represented in national institutions, it is my intention that the collection be released back into the public domain for acquisition and enjoyment by others. ------------------ Scott Schneeweis URL http://www.SPACEAHOLIC.com/ |
mjanovec Member Posts: 3811 From: Midwest, USA Registered: Jul 2005
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posted 12-13-2007 11:48 PM
I think if one is planning on donating their collection to a museum or society, it is important that they talk to representatives of such organizations to see if they have an interest in obtaining the collection and, more importantly, see what plans they would have for the collection. It would be a shame to see a collection stuffed away forgotten in some boxes just because there was no interest in the material in the first place. Or one should find out if the organization would sell it off at the first opportunity to raise funds...and whether that would disturb the person who donated the collection.Ideally, I would like to sell off my own collection before my day comes...assuming I didn't have any heirs that would want it. That way I could see the collection dispersed as I saw fit...and could possibly use the money towards a good cause, whether that be a vacation (like Robert is doing) or some other endeavor. Like Scott, I believe these collectibles eventually are best appreciated in another person's collection. |
poofacio Member Posts: 268 From: United Kingdom Registered: Oct 2006
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posted 12-14-2007 02:38 AM
I am 60 and live in the once great but now sad little police state known as the UK. I hope my kids keep it, or if they don't, sell it to give others the pleasure of collecting it and owning it. Not that it would ever happen, but I would rather it was burnt than given to a museum. |
medaris Member Posts: 181 From: United Kingdom Registered: Mar 2007
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posted 12-14-2007 05:17 AM
I'm with Scott. Many of my favourite items have come from the sale of a previous collection. Some coin collectors talk about items being 'in captivity' in museums. I do feel museums have an important role and I wouldn't question anyone who feels their collection should reside in one, but if none of the kids want my collection, I hope it'll be released back 'into the wild' for future collectors to buy. |
TellingHistory Member Posts: 63 From: Franklin, TN 37027 Registered: Dec 2007
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posted 12-14-2007 05:51 AM
This is interesting feedback. Releasing a collection back into the market to allow others to experience the fun of collecting is an angle I've not really thought of.------------------ Kraig McNutt, Publisher Today in Space History http://www.TodayinSpaceHistory.com |
Russ Still Member Posts: 535 From: Atlanta, GA USA Registered: Nov 1999
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posted 12-14-2007 08:22 AM
I'm with the anti-museum crowd. Nothing personal against 'em - they're one of my favorite institutions. But what are they going to do with binders of signed lithos or little cubes of lucite? Likely stick them in a box and shove them into archive, never to be seen again.We can never really own anything. We just rent it for a while. I hope I see the end coming soon enough to sell my stuff off and invest the proceeds in whatever tawdry pleasures I can find.
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TellingHistory Member Posts: 63 From: Franklin, TN 37027 Registered: Dec 2007
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posted 12-14-2007 08:41 AM
I'm not interested in selling my stuff at some point to get money out of it personally so I'm leaning to whatever solution would generate excitement, support and enthusiasm for young people to get more involved in space exploration and the sciences.How about something like this? Somehow tie academic performance to the reward of receiving a memorabilia item. Not sure really, but I like the reward system idea in some kinda way. If a bunch of us put some of our stuff together into one "collection database" then the amount of rewards could be sizeable. Or, just sell everything off and create a scholarship fund. I don't know. Does this spur any ideas? ------------------ Kraig McNutt, Publisher Today in Space History http://www.TodayinSpaceHistory.com |
Robert Pearlman Editor Posts: 42988 From: Houston, TX Registered: Nov 1999
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posted 12-14-2007 09:08 AM
quote: Originally posted by TellingHistory: Or, just sell everything off and create a scholarship fund.
At least twice annually, the Astronaut Scholarship Foundation organizes auctions to raise funds for college students excelling in their science and engineering majors. If you are not familiar, the ASF was originally the Mercury 7 Foundation, founded by the original astronauts, and as of today, has awarded nearly $2.5 million in scholarships.If so inclined, a donation made to the ASF's auction would have the result of awarding more scholarships to those who may be the next generation of explorers. |
garymilgrom Member Posts: 1966 From: Atlanta, GA Registered: Feb 2007
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posted 12-14-2007 09:13 AM
Scott and others who want to let other collectors enjoy these items - how do you plan to do this? Are you going to will the items to specific friends who you know will treasure them, or ask the executor of your estate to sell them? If the latter, do you just put everything on eBay and hope your estate does well, or do you set minimum prices for items and direct your estate to offer them to space collection vendors?Russ you said "I hope I see the end coming soon enough ..." but I think you meant to say "I hope I see the end coming in enough time ..." Interesting thread. Thank you. ------------------ Simplify and add lightness. ACBC |
TellingHistory Member Posts: 63 From: Franklin, TN 37027 Registered: Dec 2007
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posted 12-14-2007 09:27 AM
quote: Originally posted by Robert Pearlman: If so inclined, a donation made to the ASF's auction would have the result of awarding more scholarships to those who may be the next generation of explorers.
That is great to know. Something like the ASF is exactly what would appeal to me. I'm going to look into now and for later.------------------ Kraig McNutt, Publisher Today in Space History http://www.TodayinSpaceHistory.com |
jimsz Member Posts: 616 From: Registered: Aug 2006
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posted 12-14-2007 09:40 AM
At some point if none of my relatives have an interest I'll simply my items. Most of the autographs were received for no cost so I am not concerned about what I have invested monetarily. I collected and saved the autographs because I enjoyed them and hope to pass them to someone who will do the same. |
cspg Member Posts: 6210 From: Geneva, Switzerland Registered: May 2006
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posted 12-14-2007 09:57 AM
What a great thread 10 days before Christmas! (not that I care-I'm boycotting it).  I'm not a collector and I don't think there are extremely valuable items in the stuff I have so I'll go with "Murph": I'm taking it with me. And since there's no way to know when you'll die (yee-haaa, it's the holidays ), carpe diem. And the hell with what happens afterwards. Chris. P.S. "I am 60 and live in the once great but now sad little police state known as the UK." Who would have thought that this thread would be funny? (my sympathies to "poofacio", though; over here it's the land of the fascists...) Oh, and I forgot: the title of this thread is also funny. It implies that you can do something after you're dead! "Life" after death? I'm beginning to like the holidays! |
randy Member Posts: 2176 From: West Jordan, Utah USA Registered: Dec 1999
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posted 12-14-2007 11:05 AM
quote: Originally posted by TellingHistory: So are you specializing your collection to fit into their program optimally or just collecting what interests you the most?
I'm still just collecting what interests me most. Randy |
Aztecdoug Member Posts: 1405 From: Huntington Beach Registered: Feb 2000
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posted 12-14-2007 11:37 AM
I would imagine that the Astronaut Scholarship Foundation would be a worthy destination for your collections.Not so much that they would display it, but they have the ways and means to liquidate these types of items effectively and recycle the proceeds back towards a good cause related to the hobby. Your Neil Armstrong WSS litho might pay for engineering books for the first person to walk on Mars. ------------------ Kind Regards Douglas Henry Enjoy yourself and have fun.... it is only a hobby! http://home.earthlink.net/~aztecdoug/ |
Russ Still Member Posts: 535 From: Atlanta, GA USA Registered: Nov 1999
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posted 12-14-2007 01:49 PM
quote: Originally posted by garymilgrom: Russ you said "I hope I see the end coming soon enough..." but I think you meant to say "I hope I see the end coming in enough time..."
Absolutely, Gary. Thanx for the qualification. And glad to see another Atlanta collector. |
LCDR Scott Schneeweis New Member Posts: From: Registered:
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posted 12-14-2007 02:50 PM
quote: Originally posted by garymilgrom: Scott and others who want to let other collectors enjoy these items - how do you plan to do this?
If (when) I pass on, Danielle will direct the sale and I have established threshold valuations for each item. My website � which already provides characterization of the majority of artifacts in the collection - in combination with the use of the collectSPACE Buy/Sell forum (or its analog depending on how far in the future my demise occurs) will serve as the vehicle for sale. When considering a price, valuation criteria is used which not only recovers my investment but also aligns the artifacts intrinsic and extrinsic worth to increase the probability that the next future owner will appropriately treasure and protect the item. There are of course no guarantee�s as to what will transpire with an artifact subsequent to its sale but at least its been given an opportunity to continue thrilling and telling its story to the next generation of collectors.Since we have broached this slightly morbid topic, Rob � what happens in the post-Pearlman era � any "continuity of operations" plan or provisions in the works to continue collectSPACE�s legacy if something were to incapacitate you? |
Robert Pearlman Editor Posts: 42988 From: Houston, TX Registered: Nov 1999
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posted 12-14-2007 02:59 PM
quote: Originally posted by LCDR Scott Schneeweis: Since we have broached this slightly morbid topic, Rob � what happens in the post-Pearlman era � any "continuity of operations" plan or provisions in the works to continue collectSPACE�s legacy if something were to incapacitate you?
Suffice to say, it's a concern that hasn't escaped my attention. I've been slowly and quietly keeping an eye out for candidates with the right combination of skills and enthusiasm who might join cS as my future replacement. In the nearer term, I have identified and in some cases, partially trained, individuals who could keep the site running were I bedridden for a couple of weeks. Ultimately, I would like to get it to where cS could sustain a paid staff so that I can focus my own efforts on expanding the site as well as be assured that the site wouldn't cease to exist when I do. |
yeknom-ecaps Member Posts: 660 From: Northville MI USA Registered: Aug 2005
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posted 12-14-2007 06:42 PM
Absolutely agree with the "pass it on for others to enjoy" idea instead of a "box in the corner." In the last several years I have handled several estate collections through the Space Unit auctions - space stamps and covers, many autographed items, plus other types of space items as well. Currently working through two of these types of collections. I have gotten to see many items sold that I had never seen before (or since) and are now in other collections for enjoyment. The current auction has two covers that were flown aboard the shuttle ALT flights - never seen covers like these before. Am sure they will be going to good homes. |
KSCartist Member Posts: 2896 From: Titusville, FL USA Registered: Feb 2005
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posted 12-14-2007 07:09 PM
Outside of specific items that I was directly involved in ie: crew patches that I designed, I hope to have someone I trust like Robert or Ken H. assist my wife or daughter in liquidating my collection.I imagine the reaction to opening a binder or box will be a mix of "Why did he keep this piece of crap?" to "Thank God he kept this!" Certainly I hope my grandchildren will cherish some of this stuff. But the bottom line is I have had a wonderful time in acquiring this collection. I've met some great folks, almost everyone of my childhood heroes and even had some of todays astronauts express their appreciation for my efforts in support of what they do as well as mentoring kids with the Young Astronaut Program. But hey, I'm not done yet! Thanks Kraig for a very provactive thread. Now Robert, about that job? Tim |
TellingHistory Member Posts: 63 From: Franklin, TN 37027 Registered: Dec 2007
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posted 12-14-2007 09:20 PM
So far the responses have really fallen into these categories: - Donate it to an educational institution or academic program (e,g., like a school of science).
- Give it to a museum.
- Give it to a non-profit organization.(e.g., the ASF that offers scholarships for young people pursuing educations in the sciences).
- Sell it and go on a nice vacation or buy that special something.
- Sell it back into the collecting community to allow others to have the same fun you did.
- Pass it on to your kids or grandkids.
- Take it with you (but how does that work?)
------------------ Kraig McNutt, Publisher Today in Space History http://www.TodayinSpaceHistory.com |
Machodoc Member Posts: 207 From: DE Registered: Aug 2005
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posted 12-14-2007 09:35 PM
If any of you guys are interested, you can give your stuff to me and I promise to take reeeeaaal good care of it!  Althought I'm only 48, this isn't an academic topic for me either. I have one of the biggest private collections of baseball cards and related items in Virginia, and my space and political items collections are also fairly large. I've already been talking to officials at my undergraduate alma mater, West Virginia University about donating my political and antique newspaper collections at some point. As I get older I might just sell some stuff outright to downsize a little and perhaps put the proceeds in trust for my daughter. I shudder however about the prospect of trying to sell all this stuff! In the meantime however, I've already written out detailed instructions for my family to follow if upon my demise they wish to sell. This includes preferred dealers, instructions on how to consign to auction houses and how to use eBay (they don't use it). On the flip side, I've also talked about the same things with some of my most trusted dealers (mostly in the baseball stuff). Steve |
Jay Gallentine Member Posts: 287 From: Shorewood, MN, USA Registered: Sep 2004
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posted 12-14-2007 09:55 PM
Hey Everyone, great thread!Three years ago I was extended an opportunity to write a book on unmanned space exploration. And as I got into it, I realized that if I sold off some of the things in my collection, I could re-invest those dollars towards a better book. How so? Things like: - Hiring a transcriptionist, leaving me more time to actually write (transcribing an hour of tape takes me about eight precious hours) - Traveling to interview people in person - Traveling to sites relevant to the book: JPL, the University of Iowa, etc. - Purchasing the rights to seldom-seen photographs Yeah, I bid good-bye to some nice pieces, but ultimately felt like I'd done the right thing. I found good homes for the stuff, and will (ideally) have a better book as well! It is nice to know these items which have more or less been in my drawers for years are now being enjoyed by other collectors. Regards, Jay Gallentine |
eurospace Member Posts: 2610 From: Brussels, Belgium Registered: Dec 2000
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posted 12-15-2007 04:23 PM
quote: What will you do with your collection after you die
I am still thinking about it. After all, property prices on cemeteries are high, and I will probably not able to rent a grave big enough to host all of my stuff. Cremation of myself with the stuff? Hmm... WHAT I WILL DO with my collection AFTER I DIED? Have we even answered the question of "life after death" yet? Not that I want to start a religious discussion, but I think it would a precondition to answer your question.  ------------------ J�rgen P Esders Berlin, Germany International Director (Europe), Space Unit Vice President, Weltraum Philatelie e. V. http://groups.yahoo.com/group/Astroaddies |
[email protected] New Member Posts: From: Registered:
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posted 12-15-2007 06:06 PM
quote: Originally posted by Machodoc: I've already been talking to officials at my undergraduate alma mater, West Virginia University about donating my political and antique newspaper collections at some point.Steve
Steve, it was interesting to hear that you collect vintage newspapers. I have been collecting them for approx. 10-12 years. All my newspapers are from the 20th century. I love history and it's like I'm touching a piece of history with my newspapers. When I frame and hang a vintage newspaper which has a bold headline about some important historical event that took place it takes me back in time. Email me and maybe we can discuss what newspapers we have. Dave |
keelerphoto Member Posts: 55 From: sherman Oaks Registered: Apr 2007
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posted 12-15-2007 07:15 PM
Nobody said, "Put me in your will" yet, ha ha. |
SpaceSteve Member Posts: 428 From: San Antonio TX, USA Registered: Apr 2004
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posted 12-15-2007 10:32 PM
After I die? I won't be doing anything with my collection or anything else; I'll be dead!I don't really know what'll happen to my collection as I'm not married and don't have any kids. I'm sure I'll figure something out though. Steve |
poofacio Member Posts: 268 From: United Kingdom Registered: Oct 2006
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posted 12-16-2007 05:13 AM
IMO there is a large distinction between owning a collection and collecting.If collections are kept intact forever there will be nothing left for collectors to collect. On the investment side I am sure there will be a better return on selling the items individually, which also enables others to experience the fun in building a collection. Who would want to buy a large collection intact, where's the fun in that? In the UK we are taxed to death on the money as we earn it, the value of anything we buy with that money, and everything we need and use to maintain what we have bought, the last thing on my mind is paying them for all that and then donating anything to them. Sod'em! At the moment there is still the choice of selling it all off, but if the only choices were giving it to the state or burning it I hate to admit it but I would rather do the latter. Of course institutions are "grateful" if they are gifted collections, they have to have things to fill up their cupboards and cellars with until they lose them to flood, theft or fire or sell them to fund turning themselves into evermore mindless theme parks. A cynical view I admit but life has made me like that! |
benguttery Member Posts: 547 From: Fort Worth, TX, USA Registered: Feb 2005
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posted 12-16-2007 08:38 PM
I've really enjoyed this discussion. I've known lots of collectors of various items over the years and the only connection among them has been that their kids are not collectors. That gene seems to skip generations.I knew a really fine, but not-well-off World War One German helmet collector. I don't think he'd started to cool off before his kids sold his collection off for drug money. I had an uncle who had an enormous military collection, whose kids have not done anything with it yet. Heard there is an ejection seat sitting outside their barn. Knew another old fellow who was a former B-24 pilot and a big collector of Ronald Reagan items. He sold that collection about 8 years ago and bought an automatic lawn sprinkler nicknamed the Ronald Reagan Memorial Lawn Sprinkler. I have found new homes for my old collections which I had tired of, from selling them to donating them. The selling was fine, but felt a bit better about donating some of the items. One collection was donated over a period of time to enjoy the maximum tax benefit from it. I still add to these collections on occasion. Collect on.
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machbusterman Member Posts: 1778 From: Dunfermline, Fife, Scotland Registered: May 2004
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posted 12-17-2007 02:32 PM
Personally I don't see the point in leaving a collection to a museum or organization. They'll never appreciate it the way that the collector did that put the collection together.If you have a family member to leave it to that will TRULY appreciate it then that's fine. If not, then the best thing to do is to sell it off... obviously before you pop your clogs... and enjoy the proceeds with your loved one(s).
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Rick Mulheirn Member Posts: 4167 From: England Registered: Feb 2001
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posted 12-17-2007 02:42 PM
I plan on leaving one item each (of both sentimental and monetary value) to the kids and maybe one or two items to The British Interplanetary Society.As for the rest... I leave instructions for my wife on how best to dispose of it, always assuming I don't sell it before I "pop my clogs". Regards, Rick |
tegwilym Member Posts: 2331 From: Sturgeon Bay, WI Registered: Jan 2000
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posted 12-17-2007 03:08 PM
I have nightmares of my collection ending up on the curb in front of the local Goodwill donation door!Tom |
Robert Pearlman Editor Posts: 42988 From: Houston, TX Registered: Nov 1999
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posted 12-17-2007 05:23 PM
quote: Originally posted by machbusterman: Personally I don't see the point in leaving a collection to a museum or organization. They'll never appreciate it the way that the collector did that put the collection together.
I don't know about others, but a large of part of my interest in collecting began because of what I saw in museums, so giving something back to them so that others may have that same experience only seems appropriate. I suppose part of this relies on what comprises individual collections. Contemporary signed photos may be of less interest to public institutions than vintage items. Likewise, flown artifacts may be of more desire to curators than collectibles and souvenirs. I'm aware of the concerns that exist regarding how some museums handle items bequeathed to them. This spring I've been invited to address a meeting of air and space museum curators and while the topic of that session doesn't specifically apply to this discussion, perhaps the opportunity can be used to begin an open dialogue between museums and collectors to better understand each others' desires. |
Lunar rock nut Member Posts: 911 From: Oklahoma city, Oklahoma U.S.A. Registered: Feb 2007
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posted 12-18-2007 10:05 AM
The A.S.F. appears to me to be a good option. Robert does the A.S.F. hand out any of the donated items as awards to students.Terry |
spacekid2 Member Posts: 199 From: San Diego, CA, USA Registered: Jul 2004
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posted 12-18-2007 10:11 AM
I have a radical suggestion...Why not all of the cS members send one special space artifact (flown or not flown) to Robert in Houston. We all pitch in to open the collectSPACE Artifact Museum. It would be located close to JSC so that it would attract visitors. (Admission fees would be used to pay for the Museum and curator Robert Pearlman.) Of course any of the cS members who donate an artifact would have life long membership to the museum and have free access to the museum. This way we are confident that our space artifacts would be preserved for all generations and we have a place to take our kids and our kids have a place to bring their kids  Just imagine if all of us would donate just one special piece. What a museum we would have. I for one would plan a vacation to Houston each year just to see the new pieces added to the collectSPACE Artifact Museum. Paul |