Comment by walrus01
1 year ago
This was, sadly, a conscious choice made by Allen long before his death. Same as with his airplane and tank collection. He had plenty of time and legal advice to set it up with an endowment that could allow for its continued yearly operational budget and chose not to do so. His heirs don't care about his personal toy collection so it's been sold off.
The same thing basically happened with Malcolm Forbes' collections. It's perfectly normal for heirs to just not value things you've collected in the same way you did.
Which is why if you actually care you create an independent and well funded organization before you die so your heirs can't sell it all off.
Would that really be better than letting your family sell it to the highest bidder? The only real concern I see if its value falls below the metal it contains or the mover breaks it. If a family cannot sell and does not value it then whats the point of keeping it?
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