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<p>[QUOTE=&quot;John Burgess, post: 4857643, member: 105098&quot;]Well, basically it&#039;s to keep control over your collection, same reason a business with inventory, does inventory checks and annual or more frequent valuations. </p><p><br /></p><p>As far as keeping records of who, where and when and price paid, this is mostly to protect yourself from being charged with receiving stolen goods/fencing, if an item has a questionable provenance and is detected. It&#039;s a receipt of a sale in essence, same like the one from Home Depot, where, when, what, how much. it&#039;s something a coin shop or a pawn show would do really, because if the cops come looking, you&#039;d want to know who to point at for it being on your shelf. </p><p><br /></p><p>I have an inventory and organization of my collection, a constant work in progress as well as valuations, if I get in a horrible car wreck today and die, (knock on wood), I&#039;d like to think someone in my family will take the inventory and valuation and have a shot of figuring out how much its all worth without coming on here and asking the rookie questions or spending months to sort it all out and spinning around in circles because they aren&#039;t coin collectors. I didn&#039;t always have it that organized though, it just struck me that if something happens, I don&#039;t want them rolling it all up and depositing it all at a bank, or a coin dealer saying &quot;junk, I&#039;ll give you face value for everything&quot;. then spend the time to cherry pick and profit off my collection when my family could have.</p><p><br /></p><p>It&#039;s your collection, you can do whatever you like really. I was lazy for decades about it until I realized mortality and it being a monster for someone unfamiliar to deal with.</p><p>&nbsp;I also know my family will have no clue on the comic books, or toy collection or anything else I collect or what to do with it, which in my opinion, is sell it wholesale it to a dealer in bulk, organized and cataloged, and let them get their cut for piecing it out or selling in lots retail and family walking away with more than face for sure. The more work there is figuring it out, the less likely people will do the figuring it out, and either family says &quot;screw it, whatever&quot; or the dealer says &quot;screw it, if I take this mess, I better be able to make a lot off the effort required&quot;,&nbsp; and the less value can be realized.[/QUOTE]</p><p><br /></p>

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