Nick Malis knew that one day he’d have to deal with the 10,000 Pez dispensers.
For decades, his mother had collected them — one in every color, arranged alongside Holt Howard jelly jars, Popeye figurines, cartoon bobbleheads, and issues of Andy Warhol’s Interview magazine signed by Warhol and Truman Capote. She also had antique corsets dating to 1791. When she died unexpectedly in 2019, Malis flew from Los Angeles to her pair of 2,000-square-foot rent-controlled lofts in SoHo and started sorting. It took him years (Bloomberg Businessweek, 2025).
His story is becoming the norm, not the exception. An estimated $90 trillion in assets will pass from baby boomers and the Silent Generation to their heirs over the next two decades (Cerulli Associates, 2024). Much of that isn’t cash. It’s silver flatware, antique wooden furniture, fine china, baseball cards, model trains, Hummel figurines, cut-crystal stemware, and — apparently — thousands of novelty salt and pepper shakers.
Welcome to the Great Stuff Transfer. And it’s only getting started.
Key Takeaways
• Baby boomers are passing down $90 trillion in assets — including a tsunami of physical possessions that heirs often can’t identify or value.
• The U.S. estate sale industry hit $247.6 million in 2026, up 7.5% year-over-year, with 11,200 Americans turning 65 every day (Amra & Elma, 2026).
• Not everything is worthless — mid-century modern furniture, sterling silver, vintage watches, and certain collectibles are surging in value.
• 83% of Gen Z consumers have bought or are interested in buying secondhand (ThredUp, 2026) — the buyers are there if you know what you have.
How big is the Great Stuff Transfer?
The numbers are staggering. Roughly 11,200 Americans turn 65 every single day throughout 2026 (Amra & Elma, 2026). As they downsize, move into assisted living, or pass away, their accumulated possessions are flooding the market. The estate liquidation industry has grown to $247.6 million, up 7.5% year-over-year, and nearly every estate sale company reports being booked months in advance.
But the physical goods are just one layer. Fortune estimates that nearly $1 trillion in fine art alone will change hands over the coming decade — roughly $100 billion annually (Fortune, 2025). And that’s just art. Add furniture, jewelry, silverware, clothing, tools, books, ceramics, and collectibles, and you’re looking at an unprecedented volume of things moving from one generation to the next.
Here’s where the $124 trillion total wealth transfer breaks down by generation:
Those dollar figures cover financial assets, real estate, and investments. They don’t capture the salt and pepper shakers. Or the gun collection. Or the 1,300 teacups. The physical possessions ride along as a kind of shadow inheritance — sometimes welcome, often overwhelming, and almost always difficult to value.
“When we go into these houses of the boomer generation, they’re packed to the rafters with stuff from the mid-century to current,” estate liquidator Sarah Hersh told the Dallas Today. Julie Hall, director of the American Society of Estate Liquidators, put it more bluntly: “It’s cresting.”
Why did boomers accumulate so much?
The short answer: they were raised by people who survived the Depression. “Baby boomers have Depression-era parents,” explains Valerie Green, owner of Seattle’s Pivot Organizing. “That’s really hindbrain stuff. It’s programming from their youth” (Bloomberg, 2025). Throwing away a well-made object felt wasteful. Keeping it felt responsible.
And then collecting became a way of life. Fritz Karch, longtime collecting editor at Martha Stewart Living, traces it back to the 19th century: “There was the first real emergence of a middle class, and suddenly regular people could own a lot of things. There was a real sense of pride and care in owning fine objects and passing them down.”
For many boomers, collecting channeled aspirations they couldn’t act on otherwise. “My dad was a collector. He had a lot of interest in hunting, fishing and horse racing,” says Pia Catton, a nonprofit worker in New York. “He didn’t have a lot of time to do the actual things.” So he collected the memorabilia instead. When he passed in 2018, he left behind a vast array of horseback riding items, silver, guns, and fishing gear.
Collections also have a way of growing involuntarily. The Bloomberg piece describes Russell Frost, 78, in Quebec, who started collecting teacups in 1979 inspired by his grandmother. His hobby became so well known locally that anyone who came across teacups would sell them to him. Now he has 1,300.
Meanwhile, younger generations have a fundamentally different relationship with stuff. Smartphones replaced photo boxes. Streaming killed the DVD shelf. According to the National Association of Realtors, the median age of a homebuyer in the U.S. is now 38 — up from 31 twenty years ago. When you’re renting a studio apartment, you collect experiences, not china cabinets.
What’s actually worth something right now?
Here’s the uncomfortable truth: a lot of boomer stuff isn’t worth much anymore. Heavy Victorian mahogany furniture — what dealers call “brown furniture” — has cratered. “Old mahogany stuff from my great aunt’s house is basically worthless,” says Chris Fultz, co-owner of Nova Liquidation. Formal china, etched crystal, and Hummel figurines are in the same boat. Supply has swamped demand.
But not everything is heading to the donation bin. Several categories are surging:
Sterling silver is having a moment. Silver prices rose 130% in 2025, hitting an all-time high of $121 per ounce in January 2026. That tarnished flatware set in your grandmother’s sideboard? Its melt value alone might surprise you. And if it’s from a recognized maker like Gorham or Reed & Barton, the premium goes higher.
Mid-century modern is still the sweet spot. Eames chairs, Knoll tables, Danish teak sideboards, anything Herman Miller — these are precisely the items younger buyers want. A genuine Eames lounge chair sells for $4,000–$6,000 on the secondary market. If your parents furnished their home in the 1950s or ’60s, look carefully before you donate.
Trading cards are a real market now. PSA, the sports memorabilia authentication company, graded 8.89 million cards in just the first half of 2025. They’ve opened new facilities in Toronto and Frankfurt to keep up. This isn’t nostalgia — it’s a $30-billion-by-2030 industry, up from less than $1 billion a decade ago (Bloomberg, 2025).
Vintage fashion is booming. Searches for “dream thrift finds” increased 550% last year. “Martha Stewart aesthetic” surged 2,889%. “Grandma core kitchen” was up 545%. What your parents wore and how they decorated isn’t just accepted by younger buyers — it’s aspirational.
The catch? You have to know what you’re looking at. And that’s where most people get stuck.
Why is identifying inherited items so hard?
According to Deloitte’s Art & Finance report, 61% of collectors have never discussed their collection with their heirs. Another 21% only mentioned it in passing (Fortune, 2025). That leaves the next generation inheriting things they can’t name, can’t date, and can’t price.
Think about what that looks like in practice. You’re standing in your parents’ house staring at a dining room full of objects. Is that vase Roseville pottery worth $800, or a $12 reproduction? Is the painting on the wall a signed lithograph or a decorative print? Are those coins in the drawer collectible or face-value? Unless you grew up in the antiques world, you genuinely don’t know. And most people don’t.
Traditional appraisals cost $200–$400 per session. When you’re dealing with a houseful of items, that math doesn’t work. Estate sale companies will handle the selling, but they’re motivated to move volume quickly, not to maximize the value of every piece. And 71% of estate sales generate less than $20,000 in total gross revenue (Amra & Elma, 2026) — meaning the average sale isn’t exactly a windfall.
This is the gap that technology is starting to fill. PSA built a mobile app that can identify and price sports cards from a photo. AI-powered tools are doing the same for broader categories of antiques and collectibles. Circa, for example, lets you photograph any item — furniture, ceramics, jewelry, art, silverware — and get an identification, historical context, and comparable market pricing in seconds. It won’t replace a certified appraiser for a $50,000 painting, but for triaging a houseful of inherited things? It’s the difference between spending months researching and spending an afternoon photographing.
The identification problem isn’t going away. As the Great Stuff Transfer accelerates, the people inheriting these items need fast, accessible ways to figure out what they’re looking at. The old model — hire an expert, wait weeks, pay hundreds — doesn’t scale to the volume that’s coming.
Are younger generations actually buying this stuff?
Yes. Emphatically yes. The U.S. secondhand market is projected to reach $78.8 billion by 2030, growing four times faster than traditional retail (ThredUp, 2026). Globally, the resale market hit $393 billion and is forecast to keep climbing. This isn’t a niche trend. It’s a structural shift in how younger people shop.
The numbers tell the story:
What’s driving this? Part sustainability, part aesthetics, part economics. Gen Z grew up watching fast fashion destroy the planet. They’d rather own one vintage Pendleton wool coat than three disposable jackets from a fast-fashion chain. And when a genuine Eames chair costs $5,000 new but $4,000 used with a patina that makes it cooler — the math works.
Estate sales, once the domain of retirees and dealers, have become a cultural phenomenon for younger shoppers. Influencers like Maddy Brannon, a stand-up comic turned estate sale enthusiast with over 85,000 Instagram followers, are turning “going to estate sales” into a weekend social activity. Janelle Stone, a high-end estate liquidator in Dallas, sees it firsthand: “People know what they want, and they come and buy.”
The demand is real. The supply is about to be enormous. What’s missing is the bridge between the two — helping sellers understand what they have, and helping buyers verify what they’re getting.
What about the emotional side?
Numbers don’t capture what it actually feels like to sort through a dead parent’s belongings. Anderson Cooper described this on his podcast All There Is, which begins with him going through generations of treasures inherited from his mother, Gloria Vanderbilt. “I was reading Marie Kondo, and her whole thing is keep only things that bring you joy,” Cooper says. “But so much of this stuff, it’s so my mom, that I feel like not keeping it is like throwing her memory away.”
That tension — between honoring the past and living your own life — is at the heart of the Great Stuff Transfer. It’s not a logistics problem dressed up as an emotional one. It’s genuinely both.
A growing industry of “generational declutterers” has emerged to help. Cole Burden of SimplifyNYC, which charges $100 an hour, puts it this way: “We’re sort of like the gay uncles that come in and say, ‘No, you really don’t need that.’” His company helps families focus on what matters: “What do we love here that we want to keep?” Rather than: “Why did you keep all this junk?”
Malis found that going through his mother’s collection, frustrating as it was, repaired something. “I saw a lot of the stuff was incredible, and she had an amazing eye. That was really my inheritance,” he said. He started posting his finds on social media. People loved it. “It did a lot of work to repair whatever frustrating relationship I had with my mom. I realized the Pez made her happy.”
Knowing what an item is — its history, its maker, its era — changes how you feel about it. A generic “old bowl” is clutter. A McCoy pottery planter from 1948 is a piece of your mother’s story. This is why identification matters beyond just dollars. Understanding what you’re holding gives you permission to keep it, sell it with confidence, or let it go without guilt.
How should you handle a houseful of inherited stuff?
If you’re staring down a parent’s lifetime of accumulation — or preparing for the possibility — here’s a practical approach that doesn’t require becoming an antiques expert overnight.
1. Photograph everything before you move anything
Walk through each room and photograph items where they sit. Context matters — a shelf of pottery grouped together tells a different story than individual pieces in a box. Get close-ups of any marks, labels, or signatures on the bottom or back of items. This archive protects you whether you end up selling, insuring, or dividing things among family members.
2. Triage with technology
Use an AI identification app like Circa to sort items into rough categories: potentially valuable, sentimental but not valuable, and ready to donate or discard. Photograph each item, get an identification and price range, and tag it. You can do an entire room in an afternoon this way. It won’t catch everything, but it’ll surface the items worth investigating further.
3. Research the standouts
For anything that looks promising, check sold prices on eBay (filter by “Sold Items”), LiveAuctioneers, and Heritage Auctions. Remember: what someone asks is irrelevant. What someone paid is the data point. Our antique price guide walks through this process in detail.
4. Don’t rush the big decisions
Estate liquidators are booked out, but that’s actually fine. Give yourself time to process both the emotional and financial dimensions. If you’re not sure about something, set it aside. Silver at $121 an ounce isn’t going to zero next month. And some categories — mid-century furniture, vintage clothing, certain collectibles — are appreciating, not declining.
5. Know when to call a professional
For items you believe are worth $5,000 or more — signed art, quality jewelry, rare collectibles — hire a certified appraiser (look for ASA or ISA credentials). For everything else, the combination of AI identification tools and sold-price databases will get you 90% of the way there.
What happens next?
The Great Stuff Transfer isn’t a one-time event. It’s a rolling wave that will build through the 2030s as the boomer generation ages. Every day, 11,200 more Americans cross the 65-year threshold. Every week, more homes are cleared, more estate sales are held, more boxes arrive at the doorsteps of millennial and Gen X heirs who didn’t ask for this but have to deal with it.
The market is adapting. Estate liquidation is growing. Resale platforms are scaling. AI identification tools are making it possible for anyone to figure out what they’re looking at without a degree in art history. And the generation doing the buying — Gen Z and younger millennials — actually wants old things, just not the same old things their grandparents valued.
If there’s a silver lining to the tsunami of stuff, it’s this: we’re entering a golden age of estate sales, thrifting, and vintage collecting. The supply is unprecedented. The demand is real and growing. And for the first time, the tools exist to bridge the gap between “I inherited a houseful of stuff” and “I know exactly what it’s worth.”
The Pez dispensers made Malis’s mother happy. Maybe the real inheritance isn’t the stuff itself. Maybe it’s what you learn about the person who collected it — and the chance to pass the good pieces on to someone who’ll appreciate them just as much.
Frequently asked questions
What is the Great Stuff Transfer?
The Great Stuff Transfer refers to the massive wave of physical possessions — furniture, collectibles, china, art, jewelry, and more — being passed down as baby boomers downsize, move into care, or pass away. It accompanies the $90 trillion Great Wealth Transfer (Cerulli Associates, 2024) and is flooding estate sales, thrift stores, and resale markets nationwide.
What boomer items are actually worth money in 2026?
Mid-century modern furniture (Eames, Knoll, Danish designers), quality jewelry, signed artwork, vintage watches, and sterling silver are strong performers. Silver hit an all-time high of $121 per ounce in January 2026. Pokémon cards are up 54% and baseball cards 15% (Bloomberg, 2025). Meanwhile, formal china, crystal stemware, and heavy Victorian “brown furniture” have lost most of their value.
How do I figure out what inherited items are worth?
Start by photographing everything. AI identification apps like Circa can identify items from a photo and pull comparable market data in seconds. For pricing research, check eBay sold listings, LiveAuctioneers, and Heritage Auctions for actual transaction prices. Save professional appraisals ($200–$400) for items you believe are worth $5,000 or more.
Why don’t younger generations want their parents’ antiques?
It’s not that younger people don’t want old things — the U.S. secondhand market is projected to hit $78.8 billion by 2030 (ThredUp, 2026). But tastes have shifted. Millennials and Gen Z prefer mid-century modern, vintage clothing, and smaller statement pieces over formal china and heavy furniture. Smaller living spaces and casual lifestyles have also reduced demand for large, ornate pieces.
What should I do with a house full of inherited stuff?
Work in stages. First, photograph everything and use an identification app like Circa to sort potential treasures from everyday items. Second, research sold prices on eBay and auction databases for anything that looks promising. Third, hire an estate liquidator for larger collections — the industry is up 7.5% year-over-year as demand grows (Amra & Elma, 2026). Don’t rush. Some items are worth more than you’d guess.
Catherine Hartley is a certified appraiser (ISA) and antiques market analyst with 15 years of experience in estate valuation. She has appraised collections for auction houses across the Northeast and writes about pricing trends for collectors and inheritors.