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Re: [aloha-donblanding] Re: Living trust & DB

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  • tjmarkle@earthlink.net
    ... From: Michael Pfeffer Sent: Oct 15, 2003 12:55 PM To: aloha-donblanding@yahoogroups.com Subject: Re: [aloha-donblanding] Re:
    Message 1 of 12 , Oct 15, 2003
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      -----Original Message-----
      From: Michael Pfeffer <mpfeffer@...>
      Sent: Oct 15, 2003 12:55 PM
      To: aloha-donblanding@yahoogroups.com
      Subject: Re: [aloha-donblanding] Re: Living trust & DB

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      <tt>
      Hello all, out of the loop because imy wife and I just had our first child on the 13th.  More details later.  I like the multi-space idea and will meet wiTh the new director of the Honolulu Academy of Arts next week.  Great progress though.  Aloha, mike<BR>
      <BR>
      -----Original Message-----<BR>
      From:  kenneth klein <BR>
      Date:  10/15/03 8:09 am<BR>
      To:  aloha-donblanding@yahoogroups.com<BR>
      Subj:  Re: [aloha-donblanding] Re: Living trust & DB<BR>
      <BR>
      <BR>
      <BR>
      Congrats to you and your wife on the new child. Now we are getting some ideas out. I do like the virtual Museum idea. At least that would allow for a complete documented pictoral collection, even if the owner did not want to let it go at that time. My issues are not with Oklahoma itself. It is just that Oklahoma isn't a place where people travel to for the most part, thus, isolating the collection to the eyes of a few people and I don't like that. I think Hawaii is a great place to house the collection or at least part of of it. Of course I would want to see my collection be appraised at a high value. I think an ebay auction is somewhat artificial however. On the antique road show, the appraisers are right there with a wealth of knowledge and history and collaboration with other appraisors on a particular item. It is very professional as opposed to what I see on ebay. You are correct however in saying that is worth what a person will pay for it. When there are twenty of the same items and one goes for $150 and the next one goes for $50, then I start questioning values. Thats why I was thinking of an outside independent appraiser. We do have some good dialogue and I appreciate all the input. tj
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      I am not actually convinced that it would be best to have a single site for Blanding materials.  Would a better appreciation of his work be achieved by one collection, which may draw in a limited selection of people to view it, or in a few or several collections, in which Blanding's place in the art and poetry circles of Hawaii, or California, or Florida, or Oklahoma could be displayed and documented within the context of other related collections?  If I were visiting Hawaii and became interested in what was going on culturally in the 1920s or 1930s, I would expect to see in the Bishop Museum or another museum or library there a range of materials.  If I were then told that, in order to see Don Blanding's sketches or manuscripts, I was just going to have to find my way to Oklahoma, I wonder how likely it would be that I would go.  <BR>
      <BR>
      I am willing to be convinced, though.  In either case, it would still be possible to offer a virtual museum on the internet, bringing together the full collection of Blanding materials, regardless of where each might be held.  <BR>
      <BR>
      --Ken Klein<BR>
      <BR>
      ----- Original Message -----<BR>
      From: keith2draw <keith2draw@...><BR>
      Date: Wednesday, October 15, 2003 6:41 am<BR>
      Subject: [aloha-donblanding] Re: Living trust & DB<BR>
      <BR>
      > Just a few more thoughts on the subject.<BR>
      > <BR>
      > It would be nice if all of Don's stuff stayed in one place, and not <BR>
      > scattered about between a number of museums. The Great Plains Museum <BR>
      > has so much of it already.<BR>
      > <BR>
      > I've talked to a few folks at The Bishop Museum, including Desoto <BR>
      > Brown, and there just doesn't seem to be that much interest in <BR>
      > Blanding. Some...but not alot.<BR>
      > <BR>
      > Maybe we should get a 'group inventory' of Blanding items so that we <BR>
      > can get a good feel for whats out there. There are a few major <BR>
      > collectors out there too, like Tony Capelli, who are not members of <BR>
      > this group. We should try and include them as well.<BR>
      > <BR>
      > Keith<BR>
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    • Cadia Los
      TJ, I doubt that a formal appraisal is necessary. I would just list each item, what you paid, when and where you acquired it .. then double the total for
      Message 2 of 12 , Oct 15, 2003
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        TJ,

        I doubt that a formal appraisal is necessary. I would just list each
        item, what you paid, when and where you acquired it .. then double
        the total for insurance purposes.

        Over time, you can adjust the amount upward by 5% or 10% a year to
        keep pace with both inflation and posssibly increased collector
        interest. Insurance companies don't care about most collectibles;
        unless you have an item valued over $500 or $1000, they just lump
        everything into "household goods." Years ago, when I had renter's
        insurance, 3 different companies just said, "Tell us how much you
        think it would cost to replace everything you own; no itemization
        needed." The only separate rider was for a large painting by Howard
        Chandler Christy.

        Valuing collectibles of any kind is subjective at best. Original
        artwork is valued differently than books, which are valued
        differently than ephemera or dishes or whatever. If there is a track
        record of sales -- direct or via auction -- then a book value can be
        established. But for one-of-a-kind items, or for those with a
        limited audience, the value is essentially whatever someone wants to
        pay and the seller is willing to accept.

        In listening to appraisers on the Antiques Roadshow, I've noticed
        that a thematic collection, especially one with documented
        provenance, often is valued higher than if the parts were found
        scattered. Objects by themselves may have modest value;
        the "collection" of these objects is what gives them meaning and
        value.

        On a good day, I can buy a copy of almost any DB book for under $20.
        (The exceptions are "In An Old Hawaiian Garden" and the books that
        precede "Vagabond's House.") Condition, edition and provenance are
        important.

        A couple of years ago, I paid $50 at a show for a decent copy
        of "Flowers of the Rainbow." The tag price was $85; the dealer
        wanted a sale, saw that I was spending time with that book and didn't
        hesitate to drop the price. I was happy, he was happy. Now I see
        people offering a copy in lousy condition for $150 and up.
        Optimists, all!

        Now, if I were to find a copy of "Flowers of the Rainbow" hand-
        inscribed by DB to his mother, with date and place ... poor as I am,
        money would be no object.

        Auctions present a special case. Hawaiiana sells, as almost any
        dealer will tell you. Put 2 or more bidders together and you get a
        bidding frenzy. Is the object worth what the top bidder paid?
        Probably not. The underbidders just want to make sure he pays a
        whole lot more than he thought he would.

        As for where a collection should be held, I think it's more important
        to document what items exist, where, and what their estimated value
        is based on whatever track record is available. Obviously, some DB-
        related items already appear in value guides, including books and
        Vernon Kilns dishes.

        The Museum of the Great Plains probably has the largest concentrated
        collection of memorabilia; collectively we as a group probably have a
        great deal more. I like the idea of the Honolulu Academy of the Arts
        being a repository, with the possibility of a permanent or rotating
        display. DB was somewhat associated with the Academy from its
        beginnings in 1927 (as a prominent member of the arts community). The
        University of Hawaii, like most universities, houses collections for
        research purposes, but it is not likely that public display of DB
        memorabilia would be a priority. The Bishop Museum is not a
        contender here; its focus is not on the arts or on Hawaiiana but on
        the natural sciences. The Bishop Museum's website mentions DB
        once, in connection with Lei Day: a link to my website.

        ~~Cadia
      • keith2draw
        Good points everyone. I guess the items in my collection that I consider to be the most valuable are things that the average tourist to Hawaii wouldn t find in
        Message 3 of 12 , Oct 15, 2003
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          Good points everyone.

          I guess the items in my collection that I consider to be the most
          valuable are things that the average tourist to Hawaii wouldn't find
          in the least bit interesting. Personal letters, books once owned by
          DB, things given to relatives, personal snapshots of friends and
          family. This is the collection that I feel the Great Plains Museum
          would protect and save for future researchers.

          If I owned original artwork of the Hawaiian Islands, drawings or
          paintings, I would probably will those to a Honolulu museum. I could
          see tourists wanting to see something like that. But I don't own any
          of his artwork, so its a moot point for me.

          As for his books, advertising mass-mailings, greeting cards and
          pottery...heck there's enough of that out there to spread around to
          everyone. There's so much of it, in fact, that I don't really care
          who gets it.

          Keith
        • missndn@aol.com
          Re the trust: Don Blanding is from Oklahoma and there was a museum show there a couple of years ago that featured his work. I don t remember the name of the
          Message 4 of 12 , Oct 19, 2003
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            Re the trust:

            Don Blanding is from Oklahoma and there was a museum show there a couple of
            years ago that featured his work. I don't remember the name of the museum at
            the moment. I know that seems out of his elements, but perhaps it would be
            worth considering.
            Alita


            [Non-text portions of this message have been removed]
          • Cadia Los
            Yes, the Museum of the Great Plains in Lawton is one of the entities under discussion. ~~C~~
            Message 5 of 12 , Oct 19, 2003
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              Yes, the Museum of the Great Plains in Lawton is one of the entities
              under discussion.

              ~~C~~
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