“Items of value” have expanded beyond antiques, which are 75 years old or more.
“We have a new generation of collectors who are not interested in traditional antiques — glass, furniture, those types of things — and are more interested in ‘Star Wars’ or movie star memorabilia, things that aren’t necessarily antiques but have a possibility of great value because of demand,” Victor said.
The shoes are an example. But so are items that have been superseded by new technology — early cell phones, old wind-up clocks with ringing alarms, early video games such as “Pong.”
“In 25 years, electric typewriters will be collectible,” she said.
For family heirlooms, it’s helpful to compile companion documents, Victor said. These will explain the significance of the object, which helps establish its inherent worth but also the sentimental significance for the family. This bolsters the item’s value but also makes it less likely to accidentally end up at a garage sale. The documents should establish “provenance,” or how the item is connected to history. Birth certificates for the person who owned the item are helpful, too. If possible, the person who owned the item should hand-write details about it. These documents should be enclosed in a clear cover, with a large printed photograph of the item.
“I see a lot of things in families for three or four generations, and the stories behind them more valuable than the piece,” Victor said. “No one is qualified to set a value on sentiment. It is priceless.”