collector's items that tanked in value

[Chocaholic]

They’re not exactly cheap. Not sure the bubble ever popped.

[jorian]

NFT's - Non Fungible Tokens. This is a fad that will tank.

You heard it here first.

[doug_porsche]

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/

I actually had a used car salesman tell me, about a car I was not interested in anyway, something very valuable!

Never, ever get limited production and a sales failure confused.

A Porsche 959 a Ferrari F40 a McLaren F1 are limited production, and very desirable, cars. Copo Camaros, Boss 302 Mustangs desirable.

A Cadillac Allante, a Buick Reatta, the Mustang 600, just about any car build by the big three with the badge "Limited" are not rare because they are limited, they are rare because they were sales disasters. As I read once "Limited" is generally only limited by the number they can sell.

[herr_oberst]

You know all those bikes that Orange County Choppers built? Worthless! Feh!

[pmax]

Paper.

[pavulon]

Tri-five Chevys.

[sc_rufctr]

Vintage Chinese bird cages. You can't give them away right now.

[tabs]

Equities, RE, Treasury Bonds, and USD's.

Sometimes it is just too fkin easy...

[red-beard]

Ex-Mrs Beard used to collect Russian Lacquer boxes. After the split, I was at an estate sales and bought 20-30 "collector" plates in that style for about $5 each. They actually look very nice and are displayed at the top of my kitchen cabinets.

I do not understand this "collector plate" fad.

The 1st Mrs-Beard's mother used to be a stupid collector. She was doing the cabbage patch doll thing and I think the beanie baby. 1st Mrs-Bread collected Garfields, the cartoon cat. You used to have to DUMP about 30-50 of the stupid things off the bed. Maddening....

[GH85Carrera]

The only think I ever collected besides my tools was coins. They will never go down in value, and the silver coins are forever mostly silver melt value. A circulated silver nickle from the war years might be worth 50 cents, but they made millions of them. My proof sets right from the mint are mostly worth just a little more than I paid.

I never understood beenie babies or most "collectable" items sold on TV. Never bought into that.

[3rd_gear_Ted]

Due to cancel culture, Indian blankets with swastika symbols have tanked

[Jolly Amaranto]

Back in the 1980s there was a niche craze for collecting N scale model railroad cars made by Micro-Trains Lines. There were people who were obsessed with having every car ever produce by the company. Monthly auctions were held where rare pieces went for absurd prices. The highest prices went to cars that had never been run on a model track (no microscopic wear on the wheels or dust in the bearings) and still had the "factory air" in the little clear plastic box that the cars were sold in. Eventually as the older collectors passed away and collections were auctioned off the market became saturated and the bottom dropped out.

[flatbutt]

Originally Posted by GH85Carrera

The only think I ever collected besides my tools was coins. They will never go down in value, and the silver coins are forever mostly silver melt value. A circulated silver nickle from the war years might be worth 50 cents, but they made millions of them. My proof sets right from the mint are mostly worth just a little more than I paid.

I never understood beenie babies or most "collectable" items sold on TV. Never bought into that.

which is why my last few purchases have been "culls". They were priced just a bit over spot.

[pavulon]

red hats

[island911]

I see...

Originally Posted by island911

Yep, cheap.

[shadowjack1]

Tulip Bulbs

[zakthor]

My dad bought his dad a whole store full of antique steins when he was based in germany in the 60s. He mailed them home in artilliary shell tubes, i guess my grandpa loved them. Then my father stored them for 50 years, finally went to free up space and sell them but theyre worth so little he brought me over to pick some out. Apparently there was a big 'stein bubble' at some point in the past 50 years, it came and went and he was oblivious. But looking at them theyre really pretty nice things, the color and craft and humor. Theres a bunch from ww1 that are cheap things customized to each soldier but the nice ones are these myriad varied units and the color and care are unusual to my eyes, really nicely made, nice like made by real craftsmen. I ended up putting them all in boxes and taking them home. I dont need them and i never secretly wanted collectible crap but theyre pretty nifty, sort of a memory of my grandpa that i never met and maybe my kids will think so to. Is sort of nice to own something post boom so you can try to tease value without the market hype.

[nota]

model T's have crashed in value as have many other brass era cars

[1990C4S]

Originally Posted by sammyg2

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.

I have a similar collection from a trip in 1975 with my hockey team. We were out on the street trying to trade Wrigley's gum for pins. Failed miserably for a few hours. One genius suggested we sell the gum, then go to the department store and buy pins. That idea quadrupled my collection in an hour.

[1990C4S]

I have some vintage 'Red-Beard 2016' bumper stickers on eBay right now!