Marhault
Full House
Sorry for the long post.
So I've been in an out a lot lately, haven't really slowed down purchasing or acquiring chips just haven't been interested in much here and have been focusing on singles and samples as opposed to sets.
I've often thought on what kind of catalyst it would take to make me sell off my collection. I've been through financial hardship and most everything made it through untouched. I've even went through periods of disinterest in the hobby and still never sold. Unfortunately I may have found my catalyst and it's definitely financial.
I have talked with a few people about this as it's a personal thing but I've been fighting a lawsuit from an auto accident for roughly the last 3 years. Without going into to much detail I was in an accident that was my fault, I fell asleep driving and rear ended someone driving down the highway. Minor collision by all standards I've ever had as well as the police on the scene etc. Either way both the driver and passenger have filed lawsuits against me claiming traumatic injuries that never materialized until the statute of limitations was nearly expired for them to file suit.
My insurance is defending me, as they are required to do by law. Both of the individuals are suing for the limits of my insurance which is $25k. My insurance has offered them a settlement of $15k they are refusing and petitioned for a jury trial. The judge has granted both requests. Unbeknownst to me this presents an issue. I did not know that the jury could find for damages above and beyond what the plaintiffs are asking for, and that because of my insurance limits I would be liable for that money. I'm not sure why my insurance is doing this to me unless they think they can win a settlement of less than 25k when both plaintiff's said they would drop the suit with a payment of 25k. Either way this is where I'm at.
I have consulted with a local attorney that isn't my one appointed to me by my insurance company (at the insurance companies suggestion). This attorney says that it is not likely that a jury finds for more damages but not completely unheard of.
The first of my jury trials in these suits starts in less than 2 weeks and needless to say I'm worried. I know that sums of money like $25k aren't exactly life changing to a lot of people on here but for me it very well could be especially since it could go well above that. So for me I'm afraid that I've found my catalyst. If the damages levied against me exceed my insurance coverage I'm afraid I will have to cut ties with portions of my collection and depending on the size possibly all of it. 20+ years of collecting will be wiped away and sold to the highest bidder essentially with nothing gained by me or my family. I figured this would happen once I was gone or older if my children didn't want to continue to collect, but at the very least they'd gain some financial windfall from it no matter how small it might be.
It's sad honestly. My wife doesn't understand, of course she was quick to point out that I have plenty of things to sell to cover these possible damages but she doesn't understand the mindset of a collector. I've collected different things over the years but the majority are poker chips, gold and silver coins/bullion and trading cards (Magic the gathering, Pokemon etc). Since I've never really been "forced" to sell anything I'm not dealing well with it. I guess I kinda thought someone here might understand my pain or have some advice since I've seen others sell large portions of their collections off over the years on here or on CT.
So I've been in an out a lot lately, haven't really slowed down purchasing or acquiring chips just haven't been interested in much here and have been focusing on singles and samples as opposed to sets.
I've often thought on what kind of catalyst it would take to make me sell off my collection. I've been through financial hardship and most everything made it through untouched. I've even went through periods of disinterest in the hobby and still never sold. Unfortunately I may have found my catalyst and it's definitely financial.
I have talked with a few people about this as it's a personal thing but I've been fighting a lawsuit from an auto accident for roughly the last 3 years. Without going into to much detail I was in an accident that was my fault, I fell asleep driving and rear ended someone driving down the highway. Minor collision by all standards I've ever had as well as the police on the scene etc. Either way both the driver and passenger have filed lawsuits against me claiming traumatic injuries that never materialized until the statute of limitations was nearly expired for them to file suit.
My insurance is defending me, as they are required to do by law. Both of the individuals are suing for the limits of my insurance which is $25k. My insurance has offered them a settlement of $15k they are refusing and petitioned for a jury trial. The judge has granted both requests. Unbeknownst to me this presents an issue. I did not know that the jury could find for damages above and beyond what the plaintiffs are asking for, and that because of my insurance limits I would be liable for that money. I'm not sure why my insurance is doing this to me unless they think they can win a settlement of less than 25k when both plaintiff's said they would drop the suit with a payment of 25k. Either way this is where I'm at.
I have consulted with a local attorney that isn't my one appointed to me by my insurance company (at the insurance companies suggestion). This attorney says that it is not likely that a jury finds for more damages but not completely unheard of.
The first of my jury trials in these suits starts in less than 2 weeks and needless to say I'm worried. I know that sums of money like $25k aren't exactly life changing to a lot of people on here but for me it very well could be especially since it could go well above that. So for me I'm afraid that I've found my catalyst. If the damages levied against me exceed my insurance coverage I'm afraid I will have to cut ties with portions of my collection and depending on the size possibly all of it. 20+ years of collecting will be wiped away and sold to the highest bidder essentially with nothing gained by me or my family. I figured this would happen once I was gone or older if my children didn't want to continue to collect, but at the very least they'd gain some financial windfall from it no matter how small it might be.
It's sad honestly. My wife doesn't understand, of course she was quick to point out that I have plenty of things to sell to cover these possible damages but she doesn't understand the mindset of a collector. I've collected different things over the years but the majority are poker chips, gold and silver coins/bullion and trading cards (Magic the gathering, Pokemon etc). Since I've never really been "forced" to sell anything I'm not dealing well with it. I guess I kinda thought someone here might understand my pain or have some advice since I've seen others sell large portions of their collections off over the years on here or on CT.
on a 
flop when you're up against 
.
