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Top Collector Cars to Buy (Part II)

There are a lot of things that make a car a collectible.

What Makes a Car Collectible

Cars with historical significance, ones that initiated new technology or raised the bar for consumer anticipations can become collectible, particularly if they are beautiful and rare.  Being incredible looking has its advantages. A racing history enhances a car’s allure, as well as association with a respected racer, designer, or builders like Carroll Shelby and Raymond Loewy. 

Prior celebrity ownership can also do the reputation some good, particularly if the person is associated with cars, like James Garner, Steve McQueen, and Paul Newman. The most expensive collectible cars unite these attributes.

As a key rule of thumb, if teenaged boys have their picture on their walls, you’re looking in the right direction. When these young men grow up, they want to buy cars that made them happy and excited in their youth.

Car Investing Risks

Just as most investments have fees, so too does having classic cars. This is actual personal property and you’ll owe taxes on it if you sell at a profit. Is your collectible in horrible condition? Restoring a seven-figure car to good condition, basically considered getting an older car to showroom-new condition using original or precise recreations of paint, parts, and bodywork can go over seven figures. 

Also, there’s continuing storage expenses, maintenance costs, and insurance. Profits from the actual sale of the car will probably have transaction fees, commissions/consignment fees, and transportation costs since chances are you aren’t going to pull a Bugatti behind a U-Haul.

Buying a new or somewhat new car because you believe it will be collectible someday is chancy. Sure, you could get lucky, but chances are you aren’t going to have the opportunity to buy a cheaper car and expect it to be worth thousands in a moderately short period of time.

 



Top Collector Cars to Buy (Part I)

Car collecting is one of the best kind of hobbies one can have. 

Thousands of Americans are interested in car collecting. The British roadster and old muscle car you got in college might still have a place of honor in your garage and used as a weekend cruiser. A restored vintage Volkswagen Beetle or suicide-door Lincoln Continental can be bought for under $20,000, driven lightly for years, and then sold for a (probably modest) profit.

But what about high-end collectibles that go for seven or eight figures? They aren’t for everyone, though high-net-worth folks can use them to make money, increase their holdings, and perhaps even drive from time and time.

The market for classic cars has done far better than other collectibles, such as coins and stamps, over the past decade and has also conquered the broad stock index. The Historic Automobile Group International (HAGI) tracks the collector’s car market with numerous indexes. 

Its largest is the HAGI Top Index, which tracks vintage collectible cars from Bugatti, Porsche, Ferrari, Alfa Romeo, and other brands. The Top Index was over 13.00% year-to-date through August and over 500% the preceding 10 years thanks to rising global wealth chasing a small number of very collectible cars. 

The Car Market

At the high end of the classic car market, the ones that sell for over $1 million, you’ll find somewhat little-known older brands Delahaye and Hispano-Suiza, as well as names that are still famous today, including Jaguar and Rolls-Royce. Even brands not known for top-end exotics can become collectible: Toyota’s beautiful 2000GT, constructed from 1967 to 1970, can get over $1 million at auction. A 1934 Packard Twelve 1108 Dietrich sold for over $3 million and a 1998 McLaren F1 sold for over $13 million. 

The car market reflects the market for art. It’s an investment you enjoy visually and it can also be a currency hedge since cars can be transported to countries with good exchange rates.

 



Disney Figurines Collecting (Part II) 

How can I start collecting Disney figurines?

To begin collecting Disneyana collectibles, the first thing to do is find a guide that includes a vast variety of Disney collectibles. A pocket-size Disney guide will suffice. There are numerous Disney figurines to pick from but the best ones have photos, detailed descriptions, and item value. Disney figurines value differ in sizes, designs, shapes, materials, and brands.

Collectible Disney figures can be bought on some websites. There are many websites that sell Disney figurines. It could either be for auctions or for sale. Disney figurines are sold by authorizing figurine dealers. Be cautious of the fake dealers. You can pick from these different manufacturers such as Swarovski, Armani, Lladro figurines, Royal Doulton figurines, and Disney Company.

Before buying Disney figurines, it is smart to look for the different price lists and the background of the figurines you are purchasing. Disney collectible figurines differ according to design, price, shape, size, materials used, and maker of the figurines.

You can get a 101 Dalmations figurine.

The most popular size of collectible Disney figures is the miniature. These collectible Disney pieces are very affordable. They come in various designs and styles depicting the various characters of Disney cartoon films.

Here are a few Disney movie characters that are depicted: Bambi, Donald Duck, Goofy, Mickey & Minnie Mouse, Pinocchio, Dumbo, Fantasia, Lady and the Tramp, 101 Dalmatians, Sleeping Beauty, Snow White, and the Seven Dwarfs, and Cinderella.

There were also Armani Disney figurines. These exquisitely crafted figurines appear exactly like princes and princesses in Walt Disney films. The price of these highly detailed and marvelously crafted figurines go from $250 up to $4,000.

These talented sculpted Disney cartoon characters have been very successful in the figurine world and in the collector industry. Llandro Disney figures go in price from $400 to $3,500.



Disney Figurines Collecting (Part I)

Disney cartoon films captured our hearts since it first appeared to the public. We collect Disney films because we enjoy watching them over and over again. Other folks collect anything that comes from Disney films.

The term Disneyana is what Disney collectibles such as books, toys, animation celluloid, themed-park souvenirs, etc. Disneyana hobbyists rose throughout the 1980s and 1990s.

Earlier, Disney Company licensed other manufacturing companies to create Disney figures. But in 1992, Disney Company began to make their Disney collectible figures. Disney figurines come in various types, brand, design,

This couple is shopping in a souvenir shop, I wonder if they’ll find any Disney figurines.

materials, artist, stamp mark, etc.

Disney figurines collecting

Disney collectible figurines have an exciting connotation among people. They bring back childhood memories of those lovable and fun Disney cartoons or even the happiness of vacationing at Disney World.

Disney classics collection caught not only the attention of collectors but of collectible shops and antique shops.

Some figurines in the Disney collection are made from porcelain and the process is just like making Hummel figurines. Disney figurine created from porcelain is molded and fired in an oven. They are then painted and fired once more.

Collectible Disney figurines spend months or even years in the production process. The Disney company wants to be sure that the sculpture is exactly like the original character in the film. Others are made from clay, glass, ceramic, plastic, etc.

In 1993, Disney started the Walt Disney Collectors Society. The increasing values and quality of limited Disney figures and rare Disney figurines have enticed a huge number of collectors. Collecting figurines of Disney denotes their youthful days and a love for Disney characters.

In 1995 Disney introduced the Enchanted Places, background scenes from their most famous animated films. To go with the Enchanted Places series, Disney introduced miniature figures, designed by world-famous miniature artist Robert Olszewski.

 



Books Every Book Collector Should Read (Part II)

A Guide to Identification by Edward Zempel and Linda Verkler

These books will be a fantastic addition to your collection. 

As every publisher seems to use different means to recognize their first editions, a reference book that comments and collects on these practices is critical.

ABAA member John Schulman of Caliban Books singles out Edward Zempel and Linda Verkler’s First Editions: A Guide to Identification, stating that “Professional booksellers keep this on one book on hand for reference. There are just simply too many publishers and too many various notations to keep straight otherwise.”

 The Identification of First Editions (Pocket Guide) by Bill McBride

The greatest virtue of this book is its little size. You truly can just carry it around in your pocket and take it out to confirm if the book you’ve come across is a modern first edition or not. Excellent for exploring used bookstores at a yard sale, on vacation, and other unexpected changes to get old books.

Do you want more than one identification guide to modern first editions? Probably not, but I’ve never met a book collector yet who believed one book was enough.

Nicholas Basbanes: Bibliophiles, Bibliomanes, and the Eternal Passion for Books (A Gentle Madness)

A priceless classic by a charming raconteur and an amazing work of history for those of us who adore old books, book-selling, and the quirky characters who make up the antiquarian book world, A Gentle Madness captures that last minute in time when collectors go after their passions at high stakes auctions, dusty bookshops, and street stalls, and the subterfuge creditable of a real bibliomaniac,” according to its publisher.

If you’re a current convert to true book collecting, you have to read Basbanes to know exactly what you’ve gotten yourself into. You might also want to read Basbanes’ Among the Gently Mad.

 



Books Every Book Collector Should Read (Part I)

Like any field of endeavor, the rare book sector has its rituals and quirks, habits and history, secrets and jargon. Unlike some other trades, book dealers have never been scared to commit their insights, secrets, and memories to paper. There are numerous fascinating and educational books detailing the inner workings of the rare book industry. Dealers and collectors have created this list of the top books every book collector should read.

You may want to add some of these books to your collection.

ABC for Book Collectors by John Carter

The classic reference work on book terminology. First published in 1952, the current edition has been updated to include newer terms and jargon spawned by the internet. With humor and wit, John Carter and Nicholas Barker uncover the true meaning from phrases that, although once more-common, now appear obscure outside of rare book circles.

In a field where it’s crucial that buyers and sellers know what they’re talking about, ABC for Book Collectors is a great guide to our common language.

After one learns the wording used in the used book sector, the next thing one needs is a guide to spotting which copy is of value and which just interesting. While friendship with an experienced rare book dealer is the best way to get this information, there are many good books that serious collectors and ABAA members keep on hand for quick reference.

Collected Books: The Guide to Values by Allen and Patricia Ahearn

Written by ABAA members Allen and Patricia Ahearn of Quill and Brush, Collected Books: The Guide to Values has information on some of the most well-known collected books, offers notes on discerning one edition from another, and guidelines on usual prices for collectible copies.

Noted rare book expert and book collector Nicholas Basbanes declared “If any single item can be considered essential equipment for today’s book collector, it is Collected Books.”



Things to Keep in Mind About Collecting Coins

If you are thinking about collecting coins to get some extra money, there are some things to keep in mind.

Before you start collecting coins, make sure that you do your research and educate yourself about the hobby.

First, education is everything. There is no way to understand what you’re getting if you don’t educate yourself. So, be sure that you go in ready and mindful before purchasing any coins. You might want to begin small and learn about the hobby before going into bigger deals. If you want to turn it into a side-hustle, it is crucial not to pay more for your coins than they are really worth.

It is even better if you can buy them for a bargain, below their true market value price. This is most likely to occur in places where folks are just trying to sell their old stuff. Think auctions, flea markets, estate sales, storage unit auctions, and garage sales.

Finally, remember that the most valuable coins are coins that aren’t just made of precious metals, but that are also historic, rare, and/or highly sought after by collectors.

One thing that many coin collectors do is focus on a specific niche. Usually, this niche is their favorite one and the one that holds their interest the most. This could be early American coins, foreign coins, coins with high silver content, coins from a specific period of history, or coins from lost civilizations.

As with any side hustle, it is vital to be at least somewhat interested in what you’re doing if you’re going to try to make money at it. You don’t have to be a “coin fanatic” to reap the benefits of coin collecting.  You have to be sure that you find it at least a little interesting.

As with any hobby-based side hustle, this is possibly not a good choice for you if you don’t at least like it and have fun doing it.

 



Yes, Coin Collecting Can Be Profitable

I recently found out that coin collecting can be profitable. Though, it takes some effort to get your hobby to that point.

Your coin collection may be of value.

There are a couple of factors that make coins valuable: material and rarity. Coins that are rare are worth more as historic/collector items. Coins that have significant amounts of precious metals will have a certain amount of value-based solely on what they are made of.

Of course, several coins will have both. They will not only have precious metals but also have historic significance and probably be rare finds too. There are coins so valuable that they are almost too pricey to purchase unless you want to spend lots of money on them.

Buying Coins

With that being said, you can stumble upon rare treasures and purchase them before someone realizes what they have. If you can find a rare-enough treasure, purchasing even a single coin can garner you some serious coins (ha-ha!) when you want to sell your collection.

Coins are one of the few hobbies that let you get a good return on your investment if you ever desire to sell them. This is particularly true if you pay attention to what the coins are worth when you purchase them, and you only spend money on good deals. Coins never lose value.

Also, the value of coins usually fluctuates a bit in the market. The market values of precious metals can go up and down along with the economy. Though over time, they typically increase in value, meaning that coins are also a hobby that usually is a solid investment.

If you stick to buying coins that contain precious metals (older coins), then you will always see their value rise over time. Some folks even go as far as to buy coins instead of stocks just because they usually have such real increases in value.



Can You Make Money Coin Collecting?

What do square folks do in their spare time? They collect coins! This was, maybe, a bad joke. But as it turns out, coin collecting might be more lucrative than you ever thought. Can you really make money collecting coins?

Truthfully, you just might be able to!

The Basics: What Is Coin Collecting?

Turn your coin collecting into cash far beyond their value.

Coin collecting is precisely what it sounds like. It is a hobby where you basically collect coins, sell them, trade them, keep them, etc.

And by coins, it doesn’t necessarily mean the coins used in everyday currency. Since everyday coins are so readily available, there is minimum value to be found in them outside of what they trade for at the store or bank.

So, when we talk about coin collecting, we’re really talking about collecting rare or collector’s coins. There are all sorts of different categories that folks focus on when collecting rare coins. Though, typically, folks focus on a particular niche since that is what they’re interested in. Here are a few examples of coin collection categories that folks specialize in:

  • Foreign coins
  • Historically significant coins
  • Collectible sets
  • Misprints
  • Old coins
  • Coins made from valuable substances (gold, silver, etc.)

 

Can you really make money collecting coins?

Many folks used to collect coins when they were younger. They actually had a chest of foreign coins and old American coins that they bought from many different places. They loved looking at them, sorting them, finding out how much they weighed, researching what they were made of, checking the timestamps, etc.

Unfortunately, the coins are put into a not-so-good container in the garage or basement and end up who knows where. That quickly brings an end to any aspirations to collect coins. This, linked with the fact that growing up reduces any interest in starting a coin collection, pretty much puts a brake on it.



Why Do Shipwreck Coins Last a Long Time?

Recently, some deep-sea treasure hunters announced the discovery of a shipwreck with over 15 tons of Colonial-era coins worth over $500 million. The crew’s sponsors haven’t told where in the Atlantic they found the cache or which ship had all that loot. Though, they did note that the silver and gold coins were in good condition.

The exact location of the shipwreck is unknown where the coins were found.

What affects the quality of shipwreck coins?

Where the ship goes down and what sort of metal the coins are made of. Coins that have been submerged for hundreds of years can end up being corroded, scratched, worn down, covered by sea life or lime deposits, or destroyed by acid conditions.

The warm waters of the tropics and the Caribbean will create most of the damage since warmer temps accelerate oxidation and corrosion. Also, these waters are the hosts for coral and micro-organisms that can encrust the coins, reducing their value, typically permanently. Cooler northern seas, such as the ones off the coast of England, where some think this treasure was uncovered, are more likely to aid in keeping all types of coins looking good.

Also, conditions on the seafloor make a huge difference. A muddy bottom could help sustain coins by enclosing and protecting them. Though, an environment of swirling sand can wear down markings and designs and cause scratches.

The depth of the wreck also is critical. Deep waters usually have weaker currents. So, the sand at the bottom doesn’t swirl around too much. Though, in some cases, sand can be a good thing. In 1857, The S.S. Central America sank amid calcium carbonate sands that aided in making the surrounding water slightly alkaline, keeping possible damaging acidity at bay. As a result, the ship’s coins were near-pristine when they were found in 1987.

 




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