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Investing In Collectibles
By Max | May 16, 2007
I don’t think that investing in collectibles is a particularly good idea. The problem with most collectibles is that there is no intrinsic value. The only reason some fetch such high prices is because they are extremely rare and desired by a large number of people. In many cases, the desirability of an object is only a result of its rarity. People with spare cash would like to purchase something so they can possess something that few others have.
Since there is no intrinsic value, collectibles’ values are highly susceptible to their popularity. Nostalgia is a big contributor to the popularity of many types of collectibles. Baseball cards, action figures and comic books are all highly sought after by baby boomers who want to get their hands on something that reminds them of their youth. When I was younger I bought a lot of comic books. The 1989 Batman movie turned me into a huge Batman fan. I probably own every Batman comic printed from 1990-1996. 
Are kids today interested in comic books. I don’t know. I have to believe that the interest is waning. There are too many other distractions. Video games provide an alternative to sitting around reading comic books. What happens when today’s comic collectors die off. The successive generations of kids who didn’t collect comics will get older, and may place less value on obtaining these items which weren’t a part of their youth.
This article suggests that antique furniture prices are dropping. Perhaps today’s wealthy class no longer desires antique furniture to decorate their homes. A more modern look may be in vogue these days creating less demand for furniture that was more expensive in the past.
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May 16th, 2007 at 9:06 pm
I guess you better sell your comics while you still can.
May 17th, 2007 at 5:20 pm
I wish my comics were worth anything. I read a lot of Batman back then.
May 18th, 2007 at 2:23 am
I have to agree with you that antique furniture prices have dropped. The reason is - poor quality furniture reproductions from china and mexico.