Documenting Your Collections

QUESTION: I’ve been collecting older items for the last 20 years or so. I’ve got several collections of moderately valued antiques, but I have little information on them except my own knowledge. What is the best way to document my collections?

ANSWER: That’s a very good question. Many people enjoy the fun of collecting antiques but don’t take the time to manage their collections. Before you can successfully manage your collections, you have to gather some information on the items in them. And with today’s technology, that’s easier than ever.

Today, more people collect antiques than ever before: Collecting is a personal thing and most people do it for sheer enjoyment. They choose some objects carefully to build or enhance their  collections, acquire others to use everyday, and inherit still others. Each collector treasures each item in their collections, yet many other people don’t understand the appeal or the value of it. But the value of some antiques has been rising steadily over the last decade, so collecting can represent an investment as well. What many collectors lack is a comprehensive record, with supporting documents, of objects they own. As antiques increase in value, it’s important to know about what you own. Even if you don’t think of your prized objects as part of your tangible financial assets, be assured that the IRS, insurance companies, banks, and courts do.

"To document" means to create a record that thoroughly describes an object and which also contains related documents about it, and keep together this record and supporting information on each object.

Some types of documents you already have, or can easily acquire, such as a bill of sale, a note accompanying a gift, a snapshot, a printed description, a program from an exhibit, biographical information on the artist or maker, a description and picture of a similar object perhaps from a newspaper, magazine, or the Internet, a copy of a mark on the object, and others. You can also record the family history related to the object. The objects in specialized  collections— furniture, dolls, quilts, kitchen utensils, guns, tools, even sports and music memorabilia—are prime candidates for documentation. Museums document each object in their collections. So it’s only natural that you should do the same for reasons of insurance, family heritage, preparing for appraisal, certain types of tax benefits, and connoisseurship.

At the very least, you should know what you paid for each object. Some insurance companies require you to put certain valuables, such as jewelry and fine art, on a special schedule. Often they also require an appraisal for the most valuable pieces.

In case of theft, loss or damage by fire, flood or national disasters, you need to prove ownership of any object claimed, and provide descriptions with supporting information in order to be compensated or to help the police identify and recover your stolen valuables. If you cannot do so, you risk loss of compensation in addition to being permanently separated from your treasured object. The more adequate your proof is, the greater the chances that you’ll be satisfied with the compensation you receive. You can spare yourself some of the anguish that comes from experiencing the loss itself, or with an inadequately compensated loss by documenting your objects before the loss occurs. It’s more difficult to document after a loss occurs, and perhaps it cannot be done at all then. You would also be dealing with all the emotions associated with loss of objects, and perhaps your entire home. In your lifetime, expect a possible loss sometime, and prepare for it. Documenting is a great help because it gives you control over the objects in your collections.

Every home has objects of value—whether monetary, sentimental or family-related. Documenting can help you decide which objects you want to give to certain heirs. Recording the provenance and capturing the family history associated with a particular object provides a a more complete picture for yourself and your heirs. Don't neglect to pass on the family stories associated with an object. Don’t depend on those stories being passed down verbally. Write them down. Additionally, family pieces are often carelessly sold or given away because succeeding generations are unaware of their actual or sentimental value. This is often done in the haste to clear a house after a loved one’s death. By documenting, you can assure to some extent that pieces will remain in the family, or at least that someone will make an educated decision before selling or giving away an special object.

If you insure valuable antiques, your insurance company will usually require you to provide them with a professional appraisal. However, not every object in your household needs to be appraised. Documenting can help you decide which objects to have appraised, plus it can also provide the appraiser with valuable information, thus saving time and reducing the cost of the appraisal. The appraisal then becomes part of the documentation on your object.

If you sell an object or give it to a museum or other institution, your documentation can provide detailed information from acquisition to sale or gift, thereby providing you with a factual basis for tax benefits. Museums look upon documentation as a benefit, as it provides valuable family and cultural history about your object for its visitors.

Documenting is a part of connoisseurship, or caring for your collection, thus enhancing your and others' enjoyment of it. You care for your objects by learning how to clean, store, display, or use them, by assuring certain temperatures, or keeping certain objects from direct sunlight. By continuing to learn more about the objects you like to collect, you’ll enhance your enjoyment of your collections.

Long May They Wave

QUESTION: A friend of mine gave me several circus pennants that she found at a yard sale. She knew that I liked items from the circus and thought I might like them. I have several other items that I’ve purchased as souvenirs at circuses over the years. Are these circus items collectible, and if so, are these pennants worth anything?

ANSWER: Americans have been in love with the circus for over 200 years. And for more than half that time have been buying souvenirs to remind them of that brief moment of fantasy when the circus came to town.

Circus pennants have been sold at the circus for nearly 100 years.  They promoted both the circus selling them and some of the individual acts and stars. Just about all the famous circus acts have had their names blazoned across a pennant at one time or other. Hopalong Cassidy, who made his name on television in the 1950s, toured with the Cole Brothers Circus. A pennant with his likeness is worth a cool $150 today. The navy blue felt pennant with a white illustration of Hoppy on his horse, Topper, features his name in rope script along with the Cole Brothers Circus name.

Roy Rogers had his own show, the Roy Rogers Thrill Circus, in the late 1940s. He’s pictured on a 28-inch pennant, today valued at about $110, riding a bucking bronco.

The history of flying a pennant dates back to the days of chivalry.  As time went on, they became associated with the naval war ships and eventually sports teams. Essentially, a pennant in the general sense is an elongated triangular commemorative flag. Traditionally, pennant manufacturers made them of felt and fashioned them in the official colors of a particular team. They usually displayed the team’s mascot symbol, as well as the team name on the pennants. Workers stitched or silk-screened the images onto the pennants in contrasting colors. As sports pennants became popular, other organizations like circuses began selling them as souvenirs.

But for circuses, the pennant was all about promotion. P.T. Barnum was the undisputed master of that. In 1872, he decided to increase the size of his show.  By adding a second ring in a larger tent, he could double his capacity. He scoured the world for unusual acts to present to make his circus better than all the others. Eventually, Barnum added a center ring, and began promoting the acts appearing in it. He used pennants and other souvenirs to promote these acts so people would come back year after year to see his show.

In the early 20th century, the five Ringling Brothers from Baraboo, Wisconsin entered the circus arena and everything changed. In the proud tradition of overstatement, they superseded even P.T. Barnum and soon their shows became the Greatest Show on Earth. It alone is responsible for many of the circus collectible items on the market today.

And while Ringling Brothers souvenirs are collectible, most collectors seek out the more obscure little shows that traveled the back roads of middle America. To them, these represent the real world of the circus.
Read about the history of the American circus poster.

Superman Returns Again...and Again...and Again

QUESTION: When I was a kid, I had a Superman lunchbox. Over the years, I forgot all about it, but recently, as I was going through some boxes in my attic, I discovered it again. If I remember correctly, it’s from 1954. Can you tell me anything about it and does it have any value or should I just put it out with the trash?

ANSWER: You had better take a closer look at that old lunchbox before you toss it out. This particular metal lunchbox, which includes a thermos bottle, depicts Superman doing battle with a robot and inclusive of the original thermos. One like it is presently for sale on eBay for $2,150. The lunchbox, considered rarer than most, joins other Superman collectibles, many of which have gone up in value in recent years. This is particularly the situation when it comes to rare Superman comic books. Depending on their condition and scarcity, the classic ones often fetch big bucks. The 64-page first edition from 1939, containing The Complete Story of the Daring Exploits of the One and Only Superman, including the four Superman stories from Action Comics No. 1-4, sold at auction for $26,000.01 a few years ago. And just the Action Comics #1 sold for $1 million in February 2010.

American writer Jerry Siegel and Canadian-born American artist Joe Shuster created Superman in 1932 while both were living in Cleveland, Ohio. Detective Comics, Inc., later D.C. Comics, bought the rights to the Superman story and debuted him in June of 1938 in Action Comics #1. At the time, America needed some type of hero, even a make-believe one. The Great Depression, a devastating Great Plains drought, and a swelling uneasiness about Nazism had wrenched people's spirits. The arrival of the "Man of Steel" offered a welcome fantasy for kids disheartened by the country’s dismal state of affairs. Over the decades, he subsequently appeared in various radio serials, television programs, films, newspaper strips, and video games.

Widely considered to be an American cultural icon, Superman helped to create the superhero genre and establish its primacy within the American comic book. The character's distinctive blue, red and yellow costume, is said to have been influenced by such comic book characters as Flash Gordon and that of circus strongmen.

Rocketed to Earth as an infant by his scientist father moments before his home planet’s destruction, he was discovered and adopted by a Kansas farmer and his wife, then raised as Clark Kent who later became Superman’s alter ego.

Siegel and Shuster envisioned their character as one who would right wrongs, fighting for social justice and against tyranny. In the original stories, Siegel and Shuster made Superman rough and aggressive. The character attacked and terrorized wife beaters, profiteers, gangsters. Later writers have softened the character and instilled a sense of idealism and moral code of conduct. Although not as cold-blooded as the early Batman, the Superman featured in the comics of the 1930s is unconcerned about the harm his strength may cause, tossing villainous characters in such a manner that fatalities would presumably occur, although these were seldom shown explicitly on the page. By late 1940, editor Whitney Ellsworth instituted a code of conduct that banned Superman from ever killing again.

Today, Superman is commonly seen as a brave and kind-hearted hero with a strong sense of justice, morality and righteousness. After all, he’s the hero of a younger age group. Young people got hooked on Superman's exploits right away. Tales of his origin, superhuman powers and good-over-evil conquest' adventures were just part of the enticement. His, alter-ego as mild-mannered reporter Clark Kent with love interest Lois Lane added human interest to the stories as well.

With the release of the next Superman film, there will be another deluge of Superman collectibles. Currently, there are nearly 131,000 Superman items up for auction, in both vintage and newer examples. There’s a huge array of Superman collectibles available to collectors, ranging from toys, games, dolls, lunchboxes; jewelry, clothing and watches to electronics, wall art, statues, records and DVDs.

The earliest paraphernalia, a button proclaiming membership in the Supermen of America club, appeared in 1939. By 1940 the amount of merchandise available increased dramatically, with jigsaw puzzles, paper dolls, bubble gum and trading cards available, as well as wooden or metal figures. By 1942, the character of Superman had been licensed to appear in other media, and the popularity of such merchandise increased. A surge of popularity seems to occur after the opening of each Superman film. The most popular Superman items on eBay seem to be from 1954, 1967, 1978, 1984, and 1998. 

Lunchboxes appeared from 1954 onward. A number of companies, including Adco, Hallmark, Thermos, King-Seeley, and Aladdin made them in either metal or plastic. While most are rectangular, there are some working-man dome-style ones.