The Real Value of Collectibles in Today's Economy by toriola1


									                                                   Presented by Daniel Toriola

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                                     The Real Value of Collectibles in Today's Economy
                                                                 By Melani Weber

   With the price of everything going down lately, people who purchase collectibles may be looking at
their shelves full of well-loved pieces and thinking, "They're not worth anything anymore! What will I
do?" It may seem counter-intuitive, but the best thing might be to expand your collection. Just think
about it: What are the smart investors doing right now on Wall Street? They are holding onto their
portfolios and spending a little money to pick up some great bargains. That's what you should be doing
with your collectibles, too.

 "To get a great deal" is the best reason to spend money in any economy, especially when it comes to
collectibles. While it may not be the best time to sell off your own collection, you may see deals now on
pieces that you don't have that you would never see otherwise. A bonus to buying during a downswing
is that, since you are buying items at a discount, the chances are good that your new collectibles will
go up in value as the economy gets stronger.

 Another reason to invest in collectibles in an economic downturn is if you've been thinking of starting a
collection for someone else. If you have a daughter or niece to whom you were planning on giving a
few pieces, those starter items now can be found at great prices. Often times merchants will bundle
pieces together that make great starter sets and offer them at a discount. Plus, everyone knows that
the most expensive time to collect is when you first start out, so now is the time to make those initial
costs a bit less.

 Remember the most important reason to collect anything: because it means something special to you.
Can you really put a price tag on a collection if you purchased it for sentimental reasons? If your
collection is making you happy then it is giving you value and no one can argue with that. Artwork that
you collect because it makes you feel relaxed, for example, is like investing in your mental health.
Figurines that feature different emotions or family members can memorialize events or honor loved
ones while they expand your collection. Eventually, when the time comes to whittle down your
collection, these items become perfect gifts for family and friends. If you've ever watched those shows
where experts estimate the value of a person's antiques or collectibles, you know that most people say
that it's nice to know how much it's worth, but they're not interested in selling due to family history with
the item(s). A collection may have monetary value, but it all boils down to how much it means to you

One of the best bonuses of collecting is the sense of community you get from talking and trading with

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                                                Presented by Daniel Toriola

other collectors. The internet has now given us the ability to talk to people all over the world who are
interested in the same things you are. So even if you don't feel like changing the size of your collection
today, communicating with other people who appreciate the things you do can improve your mood, no
matter the state the economy.

Melani Weber enjoys working with the woodworkers and artists whose creations are featured in the gift
store where she has worked for the last 20 years. See their always intriguing (and sometimes silly)
work at
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                                               Presented by Daniel Toriola

                                                       Antiques vs. Collectibles
                                                             By Sharon Stajda

 Finding a definitive definition for both an antique and a collectible is not possible. Just what constitutes
an antique and what constitutes a collectible is determined by each individual antique dealer. Many
times, the dealers will give varied answers to the seemingly simple question, “What is a collectible and
what is an antique?”

Most dealers will agree that historically an antique is any crafted or manufactured item that is at least
100 years old. Collectibles are items less than 100 years old. Antiques generally are rare and worth a
higher amount, while collectibles’ values are more speculative and can change at a moment’s notice.
(This can be seen with items centered around popular television shows or movies. Some may become
antiques, but normally they are collectibles that will only have value so long as that show or movie
remains popular.)

Some dealers are attempting to lower the standard of an antique. They believe that items over 50
years old should be considered an antique. Those who are reputable antique dealers say the 50 years
definition lowers the standard to a point that dealers can sell collectibles under the name of antiques.

However, it should be noted that the label “antique” or “collectible” has no real effect on the worth of an
item. The price of an item is determined more by whether there is a demand for it. There are very rare
antiques which are sold for much less than a newer collectible, but this is because there is no demand
for the former and a high demand for the latter.

When it comes to purchasing items on the antique or collectible market, the buyer should do a lot of
research before handing over any money. Flea markets with antique stands, antique shops, and
antique malls are plentiful, so dealers have a lot of competition in stocking their shops. This can lead
them to price their items much higher than their true value, which is a bad investment for you. Why buy
an antique or a collectible for more than it is worth?

So, when you compare antiques to collectibles, antiques stand the test of time. Their value remains
constant. Collectibles, however, are priced more on a whim and their long term value is highly
speculative. Exercise caution when investing in collectibles as opposed to antiques.

For more information about antiques and collectibles, please visit the following url:

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                                              Presented by Daniel Toriola

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