8. Classic Manual Typewriters
In our highly digital age, a strong counter-movement of writers and collectors desires the tactile experience of manual typewriters. Mid-century models featuring bright colors and sleek designs are incredibly popular. The Hermes 3000, the Olivetti Valentine (famous for its bright red casing), and pristine Smith-Corona models are fast sellers.
Value depends heavily on functionality. Keys that stick, missing ribbons, or a broken carriage return will lower the price, but a fully serviced, working mid-century typewriter represents a beautiful and valuable piece of industrial design.
I’m in my 80s now, and recently acquired a number of family items of furniture after my (older) sister passed away. I was not responsible for state or federal inheritance taxes on the financial items she willed to me, but — IF I were to sell all or some of the furniture items (a few might be antiques, others not) — would I be liable for “capital gains” taxes on whatever money I receive from their sale?
I’m conflicted. On one hand, some of these are “family items” that my children might want someday, but I personally have no real connection to them in that respect. Further, they have been cluttering my basement for over a year. So being aware of the possible tax ramifications might influence my decision on how to proceed (or whether to proceed) in disposing of the items.