09/07/2026
Asking for a friend👀 has anyone got any swaps?
Because I am not currently in the very serious process of filling my Panini World Cup 2026 football sticker book.
And whilst I was not sat opening packs of stickers...It did not get me thinking about collectables and how much are the worth?
One person sees a book of football stickers, coins, programmes, watches, medals being extremely worthless (and childish and waste of time, blah blah blah) and someone else sees something that could actually have real value.
When it comes to probate, that matters.
For Inheritance Tax calculations, collectables and personal possessions need to be valued at their open market value at what they would realistically sell for at the date of death! Not what they cost, what they are insured for, or what they mean sentimentally.
As a general rule, If the estate has to pay IHT or the total value for all possessions exceeds £1500, it should be looked into properly and may need a professional valuation.
So my sticker album is currently valued at £0 until I get it complete and then it would need to be valued independently on my death as it will be worth, in my humble opinion, £1 million at least🤑🤑🤑
So yes, I’m currently chasing stickers…but in the world of probate, the “random stuff” can sometimes be more important than families realise.
Always happy to catch up to discuss all things probate and more than happy to arrange serious business meetings with those who are also collecting and want to discuss swaps? 👀⚽