Posts Tagged ‘Florida’

Most Often Its Insignificant Yesterday and Today

April 7, 2011

An article in the Paul Fraser Collectibles website mentions how a dress made by Charlotte Todd sold for £78,000 or over $124,000. Who is Charlotte Todd, you ask? She is a friend of Kate Middleton, the fiancé of Prince William. Todd made this dress that Kate wore for a university fashion show and sold it at auction.

Well, it’s nice that the dress pulled in that kind of money. Yet, there’s more. An episode of the Antiques Roadshow featured someone with a Tiffany tea screen from the 1900’s. The appraiser on the show wasn’t sure if was a real Tiffany or a fake. If it was a real Tiffany, it would be worth $15,000 to $20,000. If it was a fake, it would only be worth $1,000.  Well, the owner contacted a Tiffany expert and it was proven to be a real Tiffany.

Thankfully for those two, their items proved to be worth something. The trouble comes when people hear about these stories and it encourages them to buy things in the hopes that “…it will be worth something one day.” There’s a lot of stuff (i.e. junk) being sold at flea markets, garage sales, thrift shops and the like. Just because something is old doesn’t necessarily mean it is “worth” something, as in enough money for me to quit my job and move to Florida.

If you are going to buy something with the hopes of it appreciating in value keep these things in mind:

Educate yourself. Learn as much as you can about the item you want to purchase. Find out the difference between a real and a fake/reproduction, what the signs of wear and age are and what the true going prices are.

If something is too good to be true, it probably is. There are a lot of fakes and fly-by-night sellers of collectibles. So, ask questions. If you don’t like the answers or aren’t getting any, don’t deal with the person.

My advice remains not to buy a collectible for investment value, rather to buy for enjoyment value.

Something to think about the next time you are browsing at a flea market.

Source:
http://www.paulfrasercollectibles.com/section.asp?catid=179&docid=6354

http://finance.yahoo.com/currency-converter/#from=GBP;to=USD;amt=78000

http://www.pbs.org/wgbh/roadshow/fts/dallas_200802A43.html

Movie Collectibles—Are They Worth Anything?

July 9, 2010

Eclipse, the third movie in the Twilight saga is playing in movie theaters and in case you haven’t noticed there are loads on Twilight items being sold, ranging from posters to jewelry to games and everything else in between.  I went to eBay and entered the word “Twilight” and there were over 15,000 items for sale in the Entertainment Memorabilia category and over 11,000 items for sale in the Collectibles category. So, many, many people are milking the Twilight cash cow.

Still, Twilight is not the first movie to have an army of merchandise ready to be sold to adoring fans. Those of a certain age will remember all the do-dads that came along when the first three Star Wars movies were released. Of course, these items, whether new or old, cost money. After a while, people start asking, “Are these things worth anything?”

That question was asked in an article in the July 2 issue of The Guardian and the answer is it depends. The article states that according to Adrian Roose, director at Paul Fraser Collectibles, items like buttons, pens, t-shirts, etc, that were made specifically for to cash in on movie’s popularity, aren’t worth much. Roose goes on to say that signed copies of the Twilight books and movie posters that hung in movie theaters are items that are actually worth something because of their rarity.

I would add that if you want to buy that Twilight or Star Wars item, go right ahead. Just don’t expect it to appreciate in value to such a degree that you can sell it, retire early and move to Florida. No one knows what will be considered a classic 20 or 30 years from now and what will be considered junk.  As I have stated previously, if you are going to spend your money on something and you have taken care of the needs part of your life, you should spend it on something that gives you some joy.  If Twilight or Star Wars items give you some joy, great. Just realize that the return on your investment is just that—the joy that you feel from having such items.

Note: The mention of Paul Fraser Collectibles and eBay was done for informational purposes.  It was done not an endorsement of either company

eBay search of July 4, 2010 http://shop.ebay.com/i.html?_nkw=twilight&_fln=1&_mlcat=45100&_trksid=p3286.c0.m282

http://www.guardian.co.uk/money/2010/jul/02/twilight-saga-collectibles-cost-value