Making Serious Money from Collectibles

Chances are that you’ve collected something at some point or another in your life. When we are kids, we tend to collect fad toys, such as marbles. As we grow older, our interests become more niche and we can find ourselves collecting more niche things. Many of these will hold sentimental value. Some of us will collect old train tickets or boarding passes to remind us of the places we’ve been. Some of us collect concert tickets to scrap book and show off the bands and artists who we’ve seen. But collecting doesn’t always have to be personal. In fact, you can collect things with the intent of making money from them. Highly desirable collectible items can have extremely high price tags, as people who collect them as a hobby will be willing to fork out large sums of money in exchange for them in order to complete their own collection. Let’s take a look at a few that you can make some serious profit from!

Stamps

One of the world’s most famous collector items are stamps. Every country issues its own range stamps every single year. The design of these stamps can change significantly from the country’s standard issued stamp. Sometimes mail services will collaborate with particular artists for special runs of stamps. They may also decorate them with images of celebrities as a celebration of their career (such as when the British Royal mail’s run of David Bowie stamps following his passing in 2016. Now, you may think that you can pick up stamps for a very small price from your local post office, but if you find rare or particularly desirable stamps, you could be in to make a fortune. The world’s most expensive stamp, a British Guiana One-Cent Black on Magenta stamp sold in 2014 in New York for an astounding $9.5 million. This made the stamp one of the most valuable items of its size in the world.

Coins

Another popular object for collection tends to be coins. Like stamps, the governments of different countries issue all sorts of designs to be printed on coins. Many only have limited runs and are distributed relatively randomly throughout the countries that print them. So, coin collectors may not be able to get their hands on the design that they want in their change from a store. So, if you happen to find yourself with a design that someone else wants, you can sell it on for a higher price than the monetary value of the coin itself. You can learn more about silver coins at https://www.sprottmoney.com/buy-silver-online.html.

Records

Long gone are the days when the majority of people listen to their music on vinyl. Streaming services now dominate the music industry. However, you still get plenty of record collectors out there. Short runs, misprints, and coloured vinyl tend to be the most desired types. If you’re not convinced, consider how Wu-Tang Clan produced just one copy of their album Once Upon a Time in Shaolin for $2 million.

These are just a few collector items that you might want to get involved in for the sake of making hard profit. You’ll have to be vigilant, keeping an eye out for rare or particularly desirable items. But it will all pay off!