The need to acquire and the joy of surrounding ourselves with things we love compels many of us to become collectors. The problem arises when people collect with the intent of seeing their collections increase in value. While some collectibles grow in value. Many do not. This is especially true of “modern collectibles.”
Avon bottles are perhaps the most common of all collectibles that we come across as we assist clients with the liquidation of an estate. It is a common myth that Avon bottles are of value. The simple fact is, they are not. Most auctions will not take them, and if they do, they bring $5 to $6 for a box of a dozen. Set them out at a garage sale for 50 cents apiece and you may sell a few. You might also try your luck on eBay, but be warned: A recent search of this popular online auction revealed that of 200 pieces listed in the last two weeks, only 14 sold with an average price of $3 per piece. If you do decide to go eBay the best way to list your bottles is in groups of 20-30. While they will still average $2- $3 per unit, the group price of $40-$60 will make it worth the investment of your time.
For many years the Franklin Mint has issued what they advertise as “collector’s plates.” Everything from Norman Rockwell scenes to a tribute to Princes Diana have been sold to would-be collectors in the $20 to $45 range. Many of those who purchased these plates are now finding that, in most cases, they are very difficult to sell. The one exception that I found was the F.M. Heirloom recommendation Garden of Jewels Plate which has recently sold in the $250 to $300 range (original price $200). As for the other plates floating around out there, the average realized price seems to fall in the $2-$3 range.
Dolls have brought joy to collectors of all ages for many decades. In this field of collecting, it is important to remember that dolls can take a very long time to increase in value. I come across large collections of modern dolls, such as 1970s Madame Alexander’s and 1980s Barbies (especially the Holiday Barbies) that have been bought and stored for investment purposes. Sadly, most of them are now worth half or less of their original price. Exceptions to this rule are the high quality dolls from Himstedt Kish which in some cases will increase in value a few years after purchase.
If you are a novice in the field of coin collecting, it is easy to be misled. Avoid the fancy boxed sets and commemorative coins offered on the TV shopping networks and magazine ads. While they look attractive, they are commonly made from low grade metals. Some companies, such as The Bradford Exchange and Franklin Mint do sell genuine bullion coins, but they usually have no market value to investors or collectors.
It is the opinion of many experts that the best type of investment coins are rare U.S. key date coins in the best grade you can afford. Bullion coins are also recommended. The market for precious metals may rise and fall, but in the long term, silver, gold and copper are most always a wise investment.
If you approach collecting as a form of entertainment and enjoyment you will never go wrong. If you plan to collect for investment purposes, beware, be informed and avoid new merchandise advertised as “collectible.” Still in doubt? Then I have two final words for you — Beanie Babies! Until next time . . . Linda
Linda Kennett is a professional liquidation consultant, specializing in down-sizing for seniors, and may be reached for questions or comments at 317-258-7835 or lkennett@indy.rr.com