... when someone has to sell his/her whole entire collection in a desperate mean to pay bills and meet life's ends.
If he was collecting with the intention of selling it all one day and net in a profit, okay fine. But it doesn't look like it. Looks like he put in years collecting and now has to liquidate it all, probably for sell than what he paid for.
Heck, I would never sell my collection. If I owed money to the bank and didn't own a home, I would just give the banks the finger and keep all my unsecured assets (all my collections) and go live with a relative until I found a job. I mean for what? The banks deceived you and tagged you with hidden fees that accounts for half of what you owe them (the other half in accumulated interests), you make your payments to have a good credit... so that you could borrow more in the future??
I have spent more than half of my life in collecting/trading (on and off). And I will not sell my collection unless it'd bring in life-changing money for something as big as the down payment for a new house after my 2nd born, or if I'm short on cash/financing for my kid's education/college or whatever. Some kind of equity-builder or investment whose return will stay with me till the day I die and onwards to my future generations, THAT's how much I love my collection. Sure, mine is worth 10 times more than his, but still... NOT giving it away to the mafia banks only so that you can borrow more in the future. My collection is history in the making... it is our heritage! Our country was born in 1867 with only 4 provinces. And I have the very first notes ever printed (Est. $1,100-2,200 a piece).
Click here to view the auction(sorry I don't know how to hyperlink a text)