collector's items that tanked in value

[widebody911]

Originally Posted by sammyg2

My son has a soviet military cap loaded up with about 75 pins from the USSR (and before).
They were passed down from his great-grandfather who did not escape Stalin.
These pins are all pre-WWII, many are pre WWI and date back to the late 1800s.
I haven't done the research yet but I'm thinking they are worth some scratch.

Don't let him re-paint them!

[pavulon]

uggh...$1500. The new tires and tune up were likely almost that much.

Originally Posted by sammyg2

Over the weekend I saw a 1990 Cadillac Allante convertible up for auction on the mecum's Denver auction.
It was in good condition, low miles, someone cared for this car.
It was likely bought and put away as an investment.
Sale price? $1500. And that's before the seller has to pay the consignment fees
There's usually no money in rolling stock.

https://www.mecum.com/lots/DN0618-328573/1990-cadillac-allante-convertible/

[Por_sha911]

All I was saying Sammy is that scrap copper "cost a pretty penny" these days... I'm sure it is worth a little more than scrap.

Although this is off course, some other things that have tanked in value (although not really collectors items) are honesty, common decency, integrity, dependability... but I digress.

[tabs]

Originally Posted by McLovin

Amazing how that goes. I also graduated high school around the same time, and my "keeping forever" car is an '82.

It is interesting to follow how long it takes for generations of cars to fall out of favor, and lose value. As you point out, there probably isn't a huge market for Model Ts.

I'd imagine the same thing is true from the cars of the 30s and 40s. ??

So then the cars of the 50s and 60s will be next, or are those "different"? I wonder, for example, if there will be a significant decline in the price of 356s, or early 911s, and when will that be? (It seems like 356 has been softening already).

I would not be too worried about the early Porsche's...they have a global cache and demand... There were not a lot of them made where time and attrition has taken their toll.

As with every collectible in the collectible market it is like the tide it comes in and is high and other times it goes out and recedes a bit... Some times values get ahead o themselves and it take some time to consolidate...either by plateauing or receding a bit..then after a bit of time...it moves up again.

Some collectibles are FADS...hot for awhile and then drop off the face of the earth.

Early Porsche's do not fit that scenario. Low production muscle cars...I would think also have an iconic cache...and on going value.

As with anything one has to be knowledgeable and discerning as to where you put your money.

Lower end art (under 5K) has been relatively soft since the RE crash...it is mostly decorative in nature. but it ain't a Thomas Kincaide.

If you have to ask these questions you do not know what you are doing and might as well keep your cash under the mattress because you are a RUBE.

[sammyg2]

Originally Posted by widebody911

Don't let him re-paint them!

OK, I won't.
The cap and pins look kinda like these below but the cap is completely covered in pins so you can't see much of it.

[porsche930dude]

Originally Posted by KC911

I had a virtually brand new pair of Air Jordans back in '87 when I trashed my knee good a few times....NBA dreams dashed forever . They got stowed boxed away for a couple of decades. Saw a TV doc on how sought after they were....figured some kid might like to have them. Dug 'em out....the leather uppers still looked almost new, but other parts desintegrated. Does he have a plan B ?

Still sellable. People take them apart and rebuild them with other pieces

[manbridge 74]

Cool collars!

[Tervuren]

Originally Posted by pwd72s

Yep..cars are NOT investments. More like gambling to buy a car thinking there will be a future demand.

The people that buy and take care of a car because they enjoy it, those are the ones that end up with the collector cars.

Now on the other hand, those that buy a car to store it for "future" value, aren't buying it for the right reasons, they tend to make a very tacky choice.

It is something that those that get in to win will more than likely lose; and those that get into to enjoy will more than likely win.

[wdfifteen]

Originally Posted by Tervuren

The people that buy and take care of a car because they enjoy it, those are the ones that end up with the collector cars.

Yep. I bought my Speedster in 1973 because I had wanted one since the first time I saw one, and in 1973 I finally had the $3000 they were selling for. Beat the crap out of it for 15 years before noticing what was happening to their value.

Has anyone mentioned Hummel figurines? I have a friend who still has dozens of them.

[pavulon]

What about antique tractors? An uncle was an IH dealer in a small town and had probably 15 or 20 restored antique Farmalls. Sold them all at an auction in Iowa one day about 20 years ago.

[pmax]

Madonna selling off anything ?

[Chocaholic]

Any BMW automobile purchased new! Just bought an 18 month old 540i ($71k new) with 13k miles for $41k....full certified warranty until 2024. Can’t imagine why anyone would buy new!

[red-beard]

Pelican Thread Futures. I lost my butt in those over the past few years.

[wdfifteen]

Originally Posted by pavulon

What about antique tractors? An uncle was an IH dealer in a small town and had probably 15 or 20 restored antique Farmalls. Sold them all at an auction in Iowa one day about 20 years ago.

I depends on their age. Like cars, tractor collectors tend to go for the models they grew up with. For me it was '50s and earlier. For today's enthusiast it's 70s models.

[MRM]

My dad collected John Deere two cylinders from the 1930s to the early 50s. They are a bit more collectible than the equivalent IH tractors. We sold most of them in the late 90s when he died (all too early). If we sold the same or the IH equivalent today, they would bring almost the same money as we got for them at auction in 1999.

[doug_porsche]

You all are just suckers.

I am pretty sure I will be living very comfortably soon on the profits from my Commemorative Limited Edition NASCAR plates. Can you believe they limited the run to just 25,000 plates!

12 plate set, 1 plate sent to you each month for the incredibly low price of $39.99 plus shipping and handling each month.

My biggest fear is I will be so sentimentally attached to them that I just will not be able to part with them.

[Nostril Cheese]

Rubber Diarrhea

[plain fan]

I was into watches during the initial Panerai craze. And while I liked the brand, they always seemed to be destined for the bubble to pop. The craze seemed to be built upon celebrities wearing and promoting the brand, Arnold and Sly were the biggest if I recall.

[pavulon]

Originally Posted by red-beard

Bitcoins

Bzzzt.

[sugarwood]

Originally Posted by plain fan

I was into watches during the initial Panerai craze. And while I liked the brand, they always seemed to be destined for the bubble to pop.

Well, did it pop? What happened? When did it start and end? Can you give some examples of prices, before and after?