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<p>[QUOTE="krispy, post: 2040690, member: 19065"]Unless you can retain it all in memory, it's very important to retain some kind of documentary records. It will also help family and/or heirs if something suddenly happens to you, as to what your collection contains, what it's possibly worth and what it meant to you. It is also good practice to keep records and receipts if you need to insure a collection should you have a loss, so you can provide documentary evidence to an insurer. Looking back over what you paid can be surprizing over time as prices change.</p><p><br /></p><p>Maybe it can become your new year's resolution, to start wasting time in 2015 keeping track of your collection records. </p><p><br /></p><p>If you buy in auction houses, eBay and use PayPal or have other online receipts from various sellers, you already have access to past history of transactions to start with. Every so often I download PayPal transaction histories and back them up to know what I sold and what I bought, and this can be cross referenced to my collection and other invoices I keep. You might be surprised how deep your collection is and how much you buy/sell in one year once you start tracking collection and/or sales inventories. </p><p><br /></p><p>Give it a go![/QUOTE]</p><p><br /></p>
[QUOTE="krispy, post: 2040690, member: 19065"]Unless you can retain it all in memory, it's very important to retain some kind of documentary records. It will also help family and/or heirs if something suddenly happens to you, as to what your collection contains, what it's possibly worth and what it meant to you. It is also good practice to keep records and receipts if you need to insure a collection should you have a loss, so you can provide documentary evidence to an insurer. Looking back over what you paid can be surprizing over time as prices change. Maybe it can become your new year's resolution, to start wasting time in 2015 keeping track of your collection records. If you buy in auction houses, eBay and use PayPal or have other online receipts from various sellers, you already have access to past history of transactions to start with. Every so often I download PayPal transaction histories and back them up to know what I sold and what I bought, and this can be cross referenced to my collection and other invoices I keep. You might be surprised how deep your collection is and how much you buy/sell in one year once you start tracking collection and/or sales inventories. Give it a go![/QUOTE]
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