Collectibles are hot right now 🔥 are coins next?
Panda4456
Posts: 362 ✭✭✭
In the last couple years collectibles are skyrocketing in value. Many rich folks are buying up collectibles as an alternative form of investing. Look at Pokémon cards for example. There are many Pokémon cards that blow even the 1895 Morgan out of the water. Are coins going to be the next big thing or hell nah?
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coins = always 🔥🐲
Coins are selling very well this year.
In the long run collectibles will not prove to be a good investment since they are not an investment at all but rather a speculation. If a collectible market is on fire it is time to take your profit before the fire burns out.
I don't know and I don't know if I hope so or not. If I was in the twilight of my collecting years, I'd probably hope for the big money to come pouring in. Since I'm just about to get into the prime years of income, I'm hoping the hobby grows organically with people who are interested in collecting, preserving, and yes, spending.
So is a working Pokédex worth anything? Edit checked eBay $40 or thereabouts.
@Smudge I don't know any of this stuff, but a quick search shows the value is probably between $30 and $100 (or $195 on Etsy!)
Sometimes it is just best to remain silent and let others spend their money and/or invest as they deem appropriate
Experience the World through Numismatics...it's more than you can imagine.
...I can’t tell you guys how many morons I know that can also be called millionaire’s...it’s actually unbelievable
Had no idea that Pokémon brought those kind of foolish prices! Amazing, really
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
Pokemon might do well for another 50ish years. Longer term, ehhh...
A lot of collectibles like the above are items that first started appealing to eventual collectors when they were kids. Over time, as the kids became adults and moved up the economic food chain, they turned to collecting the more valuable items that interested them as kids, producing upward pressure on prices. However, once that generation started to die off, then that collectible area died off too.
There are VERY FEW collectible fields that haven't had their ups and downs. For example, antique furniture used to be very hot. Now you can just about buy some of the pieces for the price that you'd pay for furniture at Ikea. Even Grand Master paintings have not done as well as various of the "hot" artists of the 1950 - 1975 era.
U.S. Type Set
With the pandemic making cash and coins more obsolete, people might be drawn to them. One of the problems is that the mint has raised their prices to point where a lot of people would think twice about buying something like a Proof set. The secondary market might make up for that with the older sets.
A non coin collector would say the same about coins. My parents are amazed when I show them the coins that were recently sold at HA.
Collector
87 Positive BST transactions buying and selling with 53 members and counting!
instagram.com/klnumismatics
No.
"Got a flaming heart, can't get my fill"
Pandemic driven I am sure - wait till its over and see what happens.
WS
Probably, but coins have been collected for hundreds of years. I wonder what a 300 thousand dollar Pokémon card will get you in the 22nd century?
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
100 million dollars lol
In the 22nd century 300 thousand dollars may be worth about a dollar in today’s money.
Went up to Utah last November for a family Thanksgiving. My two youngest boys asked me if I knew where all of their Pokemon cards were. I told them that I didn't know but I'd look for them when I get back home. Actually I threw them all away about a month earlier. Oh well, my mom threw most of my baseball cards away and lied about it. I learned it from her.
Canadian coin market still comatose.
Prices in massive depressed state since 2008.
"“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)
"I only golf on days that end in 'Y'" (DE59)
Wife named the cat Pokeman, can't convince her it is time to sell.
The price of gold is set by faith, or lack of, in the currency it is priced in.
As a kid who's mom did the same thing, just don't either lie and then say "Oh look I found this $100 bill from santa, he said to put it into XYZ stock until your 18" it will make them feel better, and they'll thank you.
You should see the looks from some people when I show them a seashell(cowrie) the size of my pinkie fingernail I sold for $500 or $1000!
Maybe.
I sold my complete PSA graded 1955 Topps baseball set in 2009. Made a nice profit then. Would have made a killing today though.
MY GOLD TYPE SET https://pcgs.com/setregistry/type-sets/complete-type-sets/gold-type-set-12-piece-circulation-strikes-1839-1933/publishedset/321940
Yep, high value, high grade cards are doing well, unfortunately grading is even tougher than coin grading in my opinion. I probably own a few that should be sent in but have no idea what the final grade result will be. For coin grading I may be off by a grade or so but on these...
Coins are cool and refined.....
Like coin collectors and dealers 😂
Somebody I know has wiped shelves of baseball product for years. Accumulating 1M+ cards unopened. Bought tons of junk era as well at yard sales. Makes me wonder how many Trout RC's she has lurking. She mentioned she had 60K Pokemon cards. There are some huge hoards out there. Most of hers unopened... lol
BST: KindaNewish (3/21/21), WQuarterFreddie (3/30/21), Meltdown (4/6/21), DBSTrader2 (5/5/21) AKA- unclemonkey on Blow Out
Just found this up in our kid's old room. Maybe I can sell them and trade up to a C8 Vette before my daughter notices!!
Wait what?!?
Collector
87 Positive BST transactions buying and selling with 53 members and counting!
instagram.com/klnumismatics
🥶
Wonder how many are in land fills?
100% Positive BST transactions
If by older sets, you mean most of the 1936 and later, I expect most of these to continue to lose value longer term or stagnate. It isn't likely to be interesting enough to an equivalent collector base as in the past with competing NCLT. For the silver, I expect most after the mid-50s to sell for nominal premiums to melt.
That stinks on that part
Looks like even DLRC got the memo on Pokemon cards —
https://www.davidlawrence.com/rare-coin/2231631
Nothing is as expensive as free money.
I haven't followed Baseball cards for about the last 8-10 years. My recollection it was all about condition, rookie cards and HOF players. There are some years... 1966 comes to mind...that the high numbered cards sell for more.
Experience the World through Numismatics...it's more than you can imagine.
For those that bought these Pokemon cards at the time and kept them, seems that selling them could make a healthy dent in any outstanding student loans or help finance a house
Experience the World through Numismatics...it's more than you can imagine.
seashell collectors...how is that market ?
I give away money. I collect money.
I don’t love money . I do love the Lord God.
I know the sea glass market is good.
I wish my wife would stop buying and start selling her beach finds.
I just finished my shell sales reconciliation for my taxes. I sold over 4 times as many last year as I did the year before. I will confess a lot of that was because ebay gave me the free listings to keep them available all the time. On the flip side the better shells were available both years.
No coins are much more stable and thank goodness they are. Cards always do this once in a while then the bubble bursts. Not all cards but many will regret their purchases. I have seen it a few times since the late 1980's. Comic books as well are more stable and grow almost every year the top golden, silver and bronze age books. There are some major highs but they don't have a downfall record like sports cards.
Modern created rarities are a joke. Yet people fall for them each year.