Worthless Collectibles That Got Collectors Stuck!
One of the worst ideas an individual can have is to spend their savings or salary as an investment without doing adequate research or having a plan. Research and timing are critical factors when you’re talking about long-term investment on a big scale.
No matter how passionate you have about collecting items such as sports cards and memorabilia, you must be patient and invest correctly using the right tips. For further motivation, we have compiled a small list of collectibles that got collectors’ money stuck. Here’s what to know!
The Worst Collectibles Collectors Ever Encountered
You will always look for lucrative and profit-bearing investment options in markets. At the same time, your aim should include avoiding bad investment decisions. Most often, people invest in the wrong collectibles due to poor advice, wrong information sources, and misinterpretation of market trends. Here’re some of the worst collectibles that lost their value quicker than you can say “collectibles”!
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Franklin Mint Collectibles
Franklin Mint earned a massive reputation in the collectibles market for producing a diverse variety of collectible items, including vintage jewelry, coins, die-cast vehicles, dolls, and sculptures. However, the Franklin Mint’s collectibles aren’t worth the original price. Although a lot of popular coins were sold for hundreds of dollars, whole coin collections are worth no more than $40 in some cases.
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Cabbage Patch Kids
In the 1970s, Xavier Roberts introduced the first collection of Cabbage Patch Kids at a craft fair. The toys became popular during the 1980s thanks to Coleco purchasing the toy brand. They were so popular that parents would fight each other on holidays to buy the dolls for their children!
Some people at the time set high hopes for the toys’ future values. Little did those people know, the then-expensive dolls only sell for tens of dollars on eBay.
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Norman Rockwell Plates
Plate collections don’t usually have a high extrinsic value. However, when the plate collection is from a renowned artist of the 60s and 70s, such as Sir Normal Rockwell, you must realize that the collections must’ve been quite expensive at the time.
Things changed over the years, and today, the honorable artist’s work on plate collections isn’t priced the way it was before. The highest price of a Norman Rockwell plate collection in 1978 was around $500, and that was years ago!
Conclusion
Do you have a precious set of high-value collectibles you would love to sell for the right price and to the right dealer? Well, your problems with selling your valuable collectibles will vanish with a single click on the official site of Collectibles Investment Group. We deal in numerous collectible categories, from vintage toys and video games to paper money and coin collections.
Contact us today at cash@collecitblesinvestmentgroup.com to get a fair quote from our reliable appraisers. We’ve dealt collectibles worth millions of dollars cumulatively over the years! Our responsive customer support, safe delivery, and fast quality checks will make it a smooth transaction.