Collectibles are a big business right now and it seems that every new film, video game, book or album has some form of collectible version attached. These collectibles will probably never be worth as much as those early Superman comics, Led Zeppelin vinyls or first editions by Stephen King because there seems to be much more of everything and when it comes to furniture and other craft items, the quality just isn’t there like it used to be.
But there are some collectibles that are worth a lot of money and will likely fetch as big of a price 20 years from now as early Star Wars collectibles have been doing for the last decade or so.
Whiskey is one of the best things to collect because it fulfills all of the requirements to be the perfect collectible. It’s produced in limited numbers, it’s made to an exacting standard, there are super premium versions and it’s possible for the manufacturers to go out of business.
Another reason is that a lot of the whiskey being sold, including limited edition bottles, simply won’t exist a few years down the line. Some of it is broken or otherwise damaged, but most of it is drunk.
Whiskey’s popularity is soaring because it’s getting bigger and bigger in China and Japan, the latter of which is now the biggest consumer of Scotch whiskey in the world. Some bottles have been known to sell for thousands, with the most expensive ones being this produced in limited lots for special occasions and those produced by distilleries that go out of business.
LEGO isn’t as big as it has been or should be. It is still the most popular toy in the world and they produce and sell so much on a daily basis that they have even become the biggest manufacturer of tires in the world (toy tires, of course). But the next generation of kids just don’t seem to be as interested as the previous ones.
That could be a good thing though because LEGO is working hard to bring the heydays back. They are producing more limited edition sets, working with more brands to create unique pieces and generally doing all they can to ensure that current collectors are sitting in a minefield.
New products are the most collectible and could fetch the highest price in the future. One of the new and exciting developments is something known as a LEGO Mindstorm, which introduces robotics to this classic toy.
Classic Cars and Bikes
These days cars are safer than ever. We’ve talked about this before when discussing that the risk of having a fatal car accident is lower on a driver-by-driver basis (there are more deaths overall, but only because there are many more cars). With motorbikes, it’s actually the opposite, as mentioned before when discussing Georgia Motorcycle accident lawyers, but short of putting a cocoon around the rider, there’s nothing the manufacturers can do about that.
As more safety features and electronics are added to a vehicle, it loses reliability. You can’t tinker with it yourself unless you have a garage full of diagnostic equipment and the chances of a complete malfunction resulting from a single wire is much more common.
As a result, the market for classic cars has grown considerably. We still prefer their modern alternatives for everyday use, but more and more of us are buying these cars as a reliable second car or as something to upgrade and sell on. Old cars are selling for more than their initial ticket price, something that would be impossible with modern vehicles.
So, get your money invested in reliable, electronic-free vehicles and you’ll have a ride for life and something that should hold its value.
They don’t make stuff like they used to and this is true of guitars. In the good old days, they would make short-run productions of guitars that would sell for a few hundred dollars, be picked up by rock stars, and go on to be worth tens of thousands. Early Gibson Les Paul 59s have price tags of more than $50,000, even though they cost a small fraction of that when they were initially built.
These days brands like Gibson are in trouble and have gotten a bad rep, while other brands are producing thousands of guitars a day. Nothing made in that sheer volume will ever be worth a lot of money, especially with guitars, which tend to be kept in good condition.
However, if you focus on limited edition instruments and on brands that still focus on quality over quantity such as PRS or the prestige line of Ibanez, then you can get a hugely collectible instrument.