our collections could actually have some serious value to them. Here are some ways you can actually make money off of your collections.
If you have, then you came to the right place.Whether you’ve been thinking of starting a vintage collection or not, chances are you’ve wondered what makes vintage items and collections valuable.
Different people collect all manner of antiques for different reasons; while there are those who derive a certain level of thrill from the hunt, some collect the items for money and others for the items’ sentimental and historical value. In other words, vintage collections can be valuable for many reasons. Keep reading to uncover the top ones.
Their financial value always increases
Depending on what you have, your collectables can be a very valuable investment. According to Forbes, one of the quickest ways of making money is selling vintage items. This is the reason why shows like Antiques Road Show and Pawn Stars are very popular. From gold coins, furniture, firearms to shoes and paintings, there are many forms of vintage items that can easily make you a decent profit now or later.
For instance, not many people would consider a vintage shoe collection very lucrative or valuable. However, having a brand new pair of the 1985 Jordan 1 OG Bred that initially cost $65 can make you more than $2,700 today.
Similarly, items that people don’t even need like old maps and clocks can make you thousands of dollars in seconds if you happen to own an original version. We’ve seen original vintage clocks being sold for more than $100,000. People who find themselves with clock pieces depicting a very specific historical period and distinctive decorating style, like Mid-Century Modern and Art Deco usually make money by selling them to antique enthusiasts.
Last but not least, it’s easy to stumble upon hunting decoys in flea markets and country homes. All those wooden ducks that were once used to attract game are some of the most lucrative items today. Most of them are usually sold in great condition because they were made to withstand the harsh outdoor weather conditions and that’s why they still exist. As an example, if you found a hunting decoy that was made by a famous decoy artist, such as Joseph Lincoln and Elmer Crowell, you can make up to hundreds of thousands of dollars. There are pieces that have been sold for nearly $900,000.
They have a history (and emotional) connection
Many antiques provide a connection with history, offering their owners and observers material evidence of how life was in the past generations. Very many people appreciate the historical significance of antiques and would do anything to get certain items or at least witness them. That’s why vintage collections are valuable.
What’s more some of these items present certain traits depicting particular historical periods or occurrences, and many people use them to commemorate certain historical events.
It’s not uncommon to find shops that sell vintage toy collections making tons of money buying and selling items that are connected to famous family histories. For instance, items that have been passed down from parents to their children for generations can be very valuable because the item is associated with significant events within the family’s history. Original antiques therefore carry an emotional component that makes them extremely valuable.
They are usually rare and unique
Someone may not understand the historical, monetary or sentimental significance of an antique, but can purchase it for its aesthetic value. Vintage items are made from original materials and methods; some of them are handmade, and have a very elaborate design and artistic detail. Due to this, many people find them extremely precious and aesthetically fascinating. If you want to decorate your house with original retro aesthetic pieces, for instance, you’ll likely turn to antiques to create a completely authentic feel.
Moreover, original vintage items are very difficult to duplicate. This is because other copies or similar versions of the vintage item don’t usually exist due to the ravages of time, making the remaining item extremely precious and rare. Many collectors actually find pleasure in this fact, and collect and hoard as many original items as they can.
Vintage collections can be valuable for many reasons. However, it’s clear that they are often valuable due to the fact that their financial value keeps increasing, they have a historical and emotional significance, and they are very rare.