What Collectibles Should You Invest In?
Tuesday, October 11th, 2022
You never know what items will be of value in the future, so what’s stopping you from investing in them now? You could save yourself a lot of time and money by choosing the right collectibles.
- Classic cars: According to the Luxury Investment Index, the price of a classic car has increased by 330% over the last decade.
- Fine art: Due to consistent demand, fine art prices increased by 21% in 2017, much to the enjoyment of art connoisseurs.
- Antique furniture and home goods are in high demand. The allure, quality, and history of such collectibles entice collectors.
- Memorabilia: Collectible memorabilia will be a profitable category since celebrities are known to have many adoring fans.
- Coins: Because of their historical significance, history buffs place a high value on certain coins.
Toys
Some toys are more important than others in someone’s life. Toys associated with blockbuster films such as Star Wars are among the most high-priced collectibles, and the market for figurines from previous decades is strong. Disney collectibles are in high demand, particularly items from a limited edition. Limited edition Frozen dolls are currently selling on eBay for almost $3,000 each. Frozen is only a few years old, and the price increase is insane. Buying merchandise from a new Disney film could earn you a lot of money in the future.
Sports memorabilia
Sports memorabilia will always be a high-ticketed collectible. Any item pertaining to record-breaking players will be snapped up by sports fans. How can you find these items without spending your life savings? If you meet a pro athlete, try to have them sign something for you. This typically happens out of pure luck.
Rock ‘n’ roll memorabilia
Celebrity guitars, records, shoes, wigs, and outfits are all valuable collectibles. In 2015, a signed copy of a With the Beatles record sold for $36,250. You might get lucky and find a piece from an artist that hasn’t been discovered yet. You can get them to sign a t-shirt or poster to jumpstart your collection.
Fine wines
Collecting fine wines has always been a hobby of the extremely wealthy, but it doesn’t have to be! Just about anyone can collect wines… Just make sure that they will be worth value down the road. There are also certain platforms on the internet that will allow you to invest in wines and trade them amongst other connoisseurs.
Vintage Jewelry
Buying incredible jewelry pieces that show a person’s sense of fashion while also building wealth is just as luxurious as it sounds. Vintage jewelry includes anything made of valuable materials such as diamonds, pearls, and more. You can even try to find rare and popular known pieces owned by famous movie stars. Jewelry that has a matching piece like a necklace and earrings can significantly increase the value. You can start your collection by going to garage sales and estate sales, checking online resellers, and going to auction houses.
Ready to find your next collectible?
Come and check out one of our auctions at High Plains Auctioneers. We have a variety of items that are sure to spark your interest. Check out all of our Upcoming Auctions here!