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A Fine Magazine, But To What End?

Posted on June 8, 2015

Description:

How many years have I been a loyal reader of Monocle magazine? That's an easy question to answer as the first issue came out in March of 2007.
A History of a Fine Magazine
Since then I have read and kept nearly every single issue through an arrangement with Shareholder #3 in which he buys the magazine and passes it on to me. So I have enjoyed this nearly-perfect magazine for free in exchange for holding the archives.

The truth is that I do not go back and review old issues of Monocle. Like my parents old collection of National Geographic I find it comforting but not useful and I'm conflicted.

A yes vote is to keep the collection.
A no vote is to release the collection into the wild...



Past Discussion

Curt (62 shares, voted no)
There's definitely an aftermarket for these. There are [completed sales][1] at $5/issue on eBay, with some single issues going for $10 or more. [1]: http://www.ebay.com/sch/i.html?_from=R40&_sacat=0&_nkw=monocle%20magazine&_dcat=280&rt=nc&LH_Sold=1&LH_Complete=1
Josh Berezin (554 shares, voted yes)
I'm not sure how much difference it makes, but you've paid for some of this collection, as well. For a while, I believe you were paying half the subscription cost. And you've bought a couple of individual issues because they were missing.
aaronpk (1115 shares, voted no)
I will vote "no" if it means kmikeym will attempt to sell them and put the proceeds into the kmikeym stock pool.
Mike Merrill
In all fairness I'll have to split the proceeds with Shareholder No. 3 (Josh), but I'm happy to put my proceeds into the KmikeyM coffers.