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What am I Going to Do With All My STUFF?. Julie The Hall
one final example of supply and demand. Two or three decades ago, your parents and grandparents were still collecting, and actively buying “Limited Edition” collector plates, figurines, etc. because it was en vogue to do so. In the industry, these are affectionately called “Limit-Less Editions.”
Everyone bought them because they thought they were going to make a small fortune on these special editions with the passage of time. Sadly, that is not what happened. The manufacturers produced many millions of them, in order to meet the demand. As demand slowed, these overproduced items fell in value. They continue to fall in both demand and value, and today the children are discovering these items are selling for very little.
Parents left these collector plates, etc., as an inheritance. The sad part of this scenario is that our parents genuinely felt they were making sound investments for their children at $29.99 or $39.99 per plate. They spent a small fortune and lost. This is not just about collector plates; this scenario stretches globally with many other types of “collectibles.”
This is one of the most difficult and disappointing lessons for those left behind, those wanting to downsize, and those wanting to sell items. People want to know how something that cost so much now sells for so little.
Bottom line: If there is any good in this situation, let it be that your family members who previously owned these possessions truly enjoyed them. These items brought them joy, even though you must now figure out the best way to let them go.
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