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Consider these six collectables for investment
Collecting items is a hobby most of us share from childhood, but not everybody quit after they grew out of trading stickers at recess (can you even grow out of stickers?). Some adults stayed with the whimsical classics, and others created empires out of really elegant, fancy and pricy collections that are worth staggering sums upon resale. It is well known which collections take up a majority of the market: antiquities of a particular state, rare coins, stamps, paper money, works of art, signed artifacts, film, television and musical items, etc. Collectors within the same niche stay in contact with each other, wherever in the world they are located, and many are willing to pay large sums of money for a valuable item. Collectables may be merely one of hobbies for most, but it also can be a very lucrative industry.
Collecting classic cars has a long history in Europe. In recent years, it has become a trend of investment, especially after the financial crisis of 2008-2012. Located in the province of Antwerp in Belgium, a store that sells classic cars and provides maintenance services opened in 2007. After the financial crisis in 2008, Europeans have become more cautious about investment and many seek new options other than buying stocks and bonds. For some, investing in classic cars seems the best option. Most classic cars on the European market are priced at tens of thousands of euros, but for some rare models the price could go up to 25 to 30 million euros.
|Collecting classic cars has become one of trendy investments, especially after the financial crisis of the 2008. (Image by Pixabay.com)|
Some people believe that wine is a good investment that can later be sold at a higher price. If you want to invest in a good harvest, purchase some older Bordeaux bottles such as the ‘98 Haut-Brion or Cheval Blanc. According to the site wine-searcher.com, the current average price for a bottle of Cheval Blanc from 2010 is 1,185 dollars. Moreover, in 2007, the average price for a bottle of wine Domaine Romanée-Conti was just over $ 6,000. At the beginning of 2014, the average price for the same bottle went just over $ 13,500.
|If you like and have a good knowledge about
wines, it could be a good investment,
as long as your carefully follow current trends. (Image by Pixabay.com)
Michael Rorer said that he thought that his Uncle Billy Wright's comics were pretty cool, but he did not know their worth when he saw them stacked in a closet in the basement. Rorer said that his uncle, who died in 1994 at the age of 66, never mentioned his collection. A comic ‘The Action Comics No. 1’ which Wright bought when he was 11 years old was estimated to be sold for $ 325,000. ‘A Detective Comics No. 27 ‘ featuring Batman was estimated to reach a value of 475,000 dollars, and ‘The Captain America No.2’ could bring Rorer a whopping $ 100,000.
|One of the best known hobbies is collecting action comic books, some of which can reach incredible investment value on the market. (Image by Wikimedia.org)|
Some old pocket watches are rare, and that makes them highly collectible but also more expensive. The most valuable pocket watch created was designed by Patek Philippe, who created it back in 1932 for the New York banker Henry Graves Jr. The watch was sold in 1999 for L 7,000,000. Although most pocket watches do not have that kind of value, any watch manufactured before 1800 is extremely rare and, depending on other factors, probably very valuable.
|A collection of old, manual-wind pocket watches
are truly unique and valuable
collectable items. (Image by Wikimedia.org)
To the amazement of some but enjoyment of few others, expensive hobbies and collectibles took a whole different turn. It might seem that rich people went overboard, but 100 oz gold bar collections are a profitable investment that often wades into artisinal waters. Collecting coins and jewelry stopped being so popular since the trend of having pure gold became a staple in the life of luxury and is there to stay forever.
|Pure gold is not only a valuable investment in any form, but it also a great hedge against declining value of paper currencies and financial crisis. (Image by Staticflickr.com)|
The value of art is directly related to the state of the economy of a particular region. Today's very high-value works of art that are presented at auctions in Sotheby's and Christy are mainly financed by people who have earned money through capital markets, or as owners of companies and through speculation. Historically, the value of art monitors cycles in economies with relative delay. Rich people tend to diversify their assets by investing parts of their wealth in works of art, hoping that their value will increase over time.
|The works of art can be an excellent investment, whose value grows over a period of time, and often requires a considerable initial investment. (Image by Wikimedia.org)|
Due to the financial crisis in the world, which allegedly started with the crisis of mortgage loans in the United States, there has been a significant withdrawal of foreign currency funds to their home countries. Share prices began their dizzying fall. Even the real estate prices began to drop. For those who had the money this was the opportunity to buy collectibles. By purchasing art and collectors' items, except for beauty, one could get the value and safety in their own home.
|• Art Collectibles Hobby - beautify your home with fine art
• Collectables for Investment - 6 collectibles for investors
• Model Aircraft Collection - turn fascination into a hobby
• Pin Collecting Hobby - a friendly obsession with badges
• Rock Collecting Hobby - collect rocks, stones and pebbles
• Sports Collecting - a wide range of sporting memorabilia