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Collectors Collect Collectables

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Do you hoard things in the hopes that someday they might be worth something? Here are some tips sent in by a reader to help you decide what is worth keeping… and what isn’t.

  • Figure out what will have more value in the future. If you are trying to collect something that can be easily reproduced in the future, chances are the value will be less than what it is now. Most media, such as music, movies and games won’t have high resale value in the future. Also, anything technology-related that will have newer and better versions in the future likely won’t be worth much, either. However, if something cannot easily be reproduced, it should have much higher value. Things in this area would be things like stamps and coins. In fifty years’ time, those current state quarters will be worth much more than just 25 cents.
  • Know where to check prices. For movies, games and things of this nature… check eBay to see what similar items are currently being sold for. For coins or stamps, try checking out a local dealer in your area, or do a Google search for a reputable site online that will give you approximate values.
  • Cars made today will not gain the popularity (and resale value!) of the old muscles cars. This is due to the freaky obsession that “car people” have with older models. When you think of a ‘gear head’, it’s generally someone who is tuning a souped-up engine, with a muscle car chassis. Most of the popluar cars will be the ones that were features in tv shows and movies. Newer cars just don’t have that “driving a monster” feel that classic cars had.
  • Technology makes for bad investments. Even though a Mac might have a better resale value than a PC, it too will dwindle down when the newest OS no longer supports it. Ask yourself this question: when is the last time you saw an old tv, computer or CD player sell for a large amount ten or twenty years after it was replaced by something newer and better? There’s your answer.
  • Keep your items in good condition. Time is the enemy of everything. It wears our bodies down, and it will wear down the items you’re trying to collect. If you take good care of your items and store them properly, they will be worth much more money down the road.

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25 Comments

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Nice video Chris – YOU RUUUULE!!!

Chris Pirllo – FTW

It’s you “Dog”.

j/k, we all love wicket and

i agree with ponzi never will watch that kinbd of movie

I collect comic books, vinyl LPs, old gaming magazines.

god kills a puppy LOL

i collect old game console and stretch armstrong figures :) GO ME! what breed is wicket

Not really into collectables myself ;)

Very nice…love it!

Wishing YOU all the best!

Michel

Interesting top Five. I learned more about collecting things. Hopefully, I am going to start a collection and actually expand on it. Thanks TuxedoJereco! I hope I spelled you name correctly! :D

Joaquin Telleria

March 28th, 2008
at 7:11pm

Ive collected beer bottle caps just for a hobby but i dont put any money into it I just get them from restauraunts I go and bars, Ive got from many countries and Id recommend for people that want to start their own collection to keep at it and dont give up :)

I think these are good tips.I collect hats. I have like 20 of them. I don’t want to sell them. I want to pass them on to my kids.And them pass on to theres and so forth.

i collect random stuff like old glass pop bottles or old paintchip books for cars, is that wierd?

i collect all sorts of things

Wow! Good list. I as well am I collector of different things since I was 6. I have today tons and tons of Batman Collectables flags, statues, comic books etc. My uncle is also a proffesional baseball card collector. He has a building in his backyard devoted to all of them! Well thanks for all the hard work you do Chris and for everyone who submits top 4 lists

Great tips , i favor these as i am collector of basketball cards and other tech-products etc and much of my card collection etc will be going off to the web in the future thanks again chris

I’ve got one thing collecting dust in my house, and thats a Centris 610 in the basement. Even though some Mac collector would probably pay a hefty sum to complete his collection, somewhere in the world, I could never part with that machine. Is it bad that I’m a collector w/o a collection?

correction, sorry chris, god does not kill a puppy, PETA kills them … PETA kills thousands of healthy puppies and kittens every year, so stop selling your collectibles for less than they are worth … look it up for yourself if you have to: “peta kills”

I have found that it isn’t so much what you collect, as the passion that you have for your hobby-heck one could collect tiddly winks if it makes them happy-for that is what it is truly about. Maybe you collect barbed wire (and yes people do, there is even a ‘barbed wire museum!), old marbles, coins-it doesn’t matter. It is the value that you get in finding and amassing the collection that makes it fun. Myself, I am an avid vinyl record collector- not only do I get a physical object, must an eclectic array of great music as well!

Best Regards,
Robert Benson
http://www.collectingvinylrecords.com

Looking for the value of canadian tire money

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