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Author
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Topic: Value of astronaut autograph collection?
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Henk Boshuijer
Member Posts: 450
From: Netherlands
Registered: May 2007
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posted 02-19-2008 04:29 AM
   
I have been amazed by the value of some astronaut pictures. I've seen prices of Neil Armstrong autographs increase very fast.I have a modest collection of autographs but is it possible to insure this collection without an expert determining the value? What if my house burns down? I will never be able to replace this:  ...but what value does it represent (with the fluctuating prices and all)? Henk Boshuijer |
spaced out
Member Posts: 3110
From: Paris, France
Registered: Aug 2003
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posted 02-19-2008 04:55 AM
Until recently I would have said the sale price for your piece was in the $500-750 range (with the upper end being the norm).Now it seems that it might fetch more today, particularly on RR's auction site, so you could be talking $1500+. |
gliderpilotuk
Member Posts: 3398
From: London, UK
Registered: Feb 2002
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posted 02-19-2008 09:09 AM
More accurately, $800-1300. See my post on R&R prices for recent ISPs on the Armstrong thread under "Auctions".Paul
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Russ Still
Member Posts: 535
From: Atlanta, GA USA
Registered: Nov 1999
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posted 02-19-2008 09:23 AM
Regarding your question about insurance, it is highly unlikely that your homeowners insurance will cover your autograph collection for anything close to its actual value. They will want to see documentation showing what you paid for each item and that is what they will reimburse you for - not any appreciation. And autographs that you got for free through the mail? That's the same amount of money you can expect in return from the insurance company should your house burn down.I would strongly recommend that you have a heart-to-heart with your insurance agent if you want coverage. Personally, I think a steel "TruckBox" is the best insurance. ------------------
www.spaceracerelics.com |
Wehaveliftoff
Member Posts: 2343
From:
Registered: Aug 2001
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posted 02-19-2008 11:05 AM
Blame the ridiculous surge in the price of Neil Ag on that darn autobiography "valued assessment" of its worth. |
Robert Pearlman
Editor Posts: 42988
From: Houston, TX
Registered: Nov 1999
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posted 02-19-2008 11:18 AM
quote:
Originally posted by Wehaveliftoff:
Blame the ridiculous surge in the price of Neil Ag on that darn autobiography "valued assessment" of its worth.
Really? How exactly does that logic work? Consider that statement for a moment: - The prices cited in First Man were already being paid at the time of its publication; and
- Do you really believe bidders/buyers are using one page out of an 800 page book to decide what to pay? If so, that's a tremendous compliment to James Hansen...
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poofacio
Member Posts: 268
From: United Kingdom
Registered: Oct 2006
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posted 02-19-2008 12:22 PM
In my 60 years I have never noticed any deviation from the old addage "Things cost what someone will take for them and are worth what someone will pay for them". |
mjanovec
Member Posts: 3811
From: Midwest, USA
Registered: Jul 2005
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posted 02-19-2008 02:09 PM
quote:
Originally posted by poofacio:
In my 60 years I have never noticed any deviation from the old addage "Things cost what someone will take for them and are worth what someone will pay for them".
Exactly. The collectors are setting the market prices by bidding what they're willing to pay. When it comes to the Armstrong market, some collectors are going to priced out of the market, because there are people willing to shell out big money for the premium items. That's life. Still, it's easy to find Armstrong signatures selling under $1000. One just needs to know where to look. Signed Sieger stamps, for example, often sell in the $400-600 range. |
cklofas
Member Posts: 221
From: Euless,TX USA
Registered: Mar 2003
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posted 02-20-2008 12:28 PM
Your standard homeowners policy most definitely does NOT cover colectibles. You have to get a separate policy rider if your insurer offers one or go with another company that specializes in this type of thing. I personally use American Collectors Insurance. Their website is http://www.americancollectors.com/ The best way to determine value is what it would cost to replace what you have and obtain that level of insurance. |
stsmithva
Member Posts: 1933
From: Fairfax, VA, USA
Registered: Feb 2007
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posted 02-20-2008 05:43 PM
Thank you for that collectors' insurance recommendation. I've been looking for something exactly like that. I cringe to think of it, but if heaven forbid something happen to my collection it would take out some of the sting to know that it was insured. Steve |
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