Did you know you could make money selling collectables that you might already have in the house?
Things that you think are just ordinary – or even annoying – could be worth good money now….and even better money later on if you’re willing to wait!
Let’s see what you’ve got around the house that you might need to treat rather more carefully from now on…it could be your retirement fund!
- What’s in your house that could be a collectable and you didn’t know?
- Make money selling comics
- Make money selling old phones
- Make money selling old video games
- Make money selling piggy banks
- Make money selling vintage computers
- Make money selling Ladybird books
- Make money selling vintage shoes
- Make money selling Barbie dolls
- Make money selling music and film memorabilia
- Make money selling Harry Potter books
- Make money selling snow globes
It’s amazing what’s worth good money now – and what isn’t.
You would think that silver candlesticks, Victorian carved furniture and Limoges china would be worth good money, but no! They’re worth very little at the moment.
Crazily, the kind of things that can be worth good cash now are
- Plastic action figures
- Little china piggy banks
- Comics and first editions of popular books
- Children’s toys and books
…and all sorts of everyday things that you and I would use and then give to the charity shop.
According to a report by Gumtree, the things in our homes that could be worth something now – and are likely to be worth a lot more later – are items like:
- First Edition Modern Books (Dan Brown – Da Vinci Code; Philip Pullman – Northern Lights; Stephenie Meyer – Twilight; George RR Martin – Game of Thrones)
- Licensed Toys and Figures (Bratz; Power Rangers Dino Charge; Ninjago LEGO; Harry Potter LEGO; Star Warz LEGO)
- 1st Generation Apple iPod Shuffle
- Nintendo DS (Original Release)
- Designer and High Street Clothing Collaborations (Kate Moss for TopShop; Balmain for H&M)
- Amazon Echo (First Release)
- Dyson Supersonic™ Hairdryer
- Emma Bridgewater Home Accessories (particularly the Portable Radio)
- Cath Kidston Furniture (especially the Shabby Chic Chairs)
- First Edition Board Games (Perfection, Crossfire, Jumanji, Omega Virus)
…so the kind of stuff that quite a lot of us would have hanging around!
Tracy Martin, an expert in 21st Century collectables, says “If you’re interested in building a collection of items that could be tomorrow’s investment pieces, but aren’t sure where to start, I would advise heading to sites like Gumtree, as first-time collectors can start looking for items without breaking the bank. We’ve seen the number of ‘limited edition’ items listed on the site shoot up 98% since 2012, so there’s plenty of opportunity to find something which could be worth a small fortunate in years to come.”
Here I am talking about it on Sky News
So take another look at what you have around the home. Keep hold of anything that looks like a first edition, a rare piece of technology or a plastic action figure of something popular.
We have lots of articles on how you can make money collecting – and then selling – odd things in your home. Here are just a few of the items you could think about…
Collecting comics isn’t just for kids – famous adult collectors include Nicolas Cage, Samuel L Jackson and Jonathan Ross. They’re not silly – they know these things are worth something as well as being fun to own.
Here are a few tips:
- Generally, the older the item, the rarer it is and is therefore more valuable.
- Misprints, recalled editions, promotional issues and special features are usually rare, and so are higher in value.
- In comics many central characters would have been introduced in early editions so theses comic books are highly sought after.
- Finally, the older the item, the fewer are likely to have survived which means they will be very valuable.
We all laugh at the ‘brick’-style mobiles of the 1980s compared to today’s ultra-slim handsets, but many people don’t realise that certain models are now real collectors’ items.
The market’s limited to models from the early to late 1980s, so anything from the 90s onwards, when the mobile market exploded, isn’t valuable.
Of course, if you have one or two fairly recent phones that are gathering dust at the back of the ‘messy drawer’ you could make money from them by recycling them now.
As you saw above, Nintendo DS is just one of the collectable items that could be worth a lot in a decade or so.
Have you got Xbox games? Do you have games, or consoles, that are not particularly popular so not many people bought them? You never know, their very rarity might make them collectors items in the future. If you have the space in your loft, keep them there and don’t take them out for a decade. You could have a good investment on your hands!
If you would like to make some money out of them now, though, check out our guide to making money from your video games here.
This might sound surprising, but like so many other collectibles, the humble piggy has risen over the past few years from unloved children’s ornament to a valuable item that can change hands for upwards of £50 a go at car boot sales, on websites and at collectors’ fairs.
If you had a NatWest children’s account in the 80s or early 90s and can’t remember throwing out the piggy bank, you would be well advised to hunt it down.
There is an ever-growing market for vintage computers and consoles and there is a real potential money-making opportunity here for you.
In October 2014 one of Apple’s first pre-assembled computers – the Apple-1 – was sold for a staggering $905,000 at an auction in New York.
A recycling company in the US has just announced that it’s looking for a lady who brought in a box of electronic ‘junk’ including what turned out to be one of the original Apple computers. It sold for around $200,000 and the company wants to find her so that they can give her her 50% share!
So it shows that you need to check quite carefully before you throw away old computers, particularly any really old ones or any made by Apple!
Many people who grew up using the old computers and consoles are now feeling a sense of nostalgia and so are compelled to get their hands back on a model that they have not had access to for some time.
If you think you have an old computer or console getting dusty in your attic, click here to see how you can cash-in on this trend!
If you’re a parent, chance are one of your offspring currently has their nose in a classic Ladybird book, wrestle it out of their hands at once, put it in plastic and stick it in the attic. It could be worth some sensible money.
Because on the quiet, and almost under the noses of traditional booksellers, the desirability of Ladybird books has risen over the past few years to the point that some rare and collectible copies can now change hands for around £300.
The Ladybird imprint is actually 100 years old this year which shows just how vintage some of their books are now. You might have a rare one hanging about the attic.
You can find Ladybird books in car boot sales, jumble sales, charity shops and on websites. Prices for Ladybird books seem to depend on two main factors – which series they are from (some are much more popular than others) and how rare they are but if you find a hidden gem you could make a good lump of cash.
Shoes get more popular every year. Even ordinary secondhand shoes are sold on websites around the world – not just eBay.
If you have vintage shoes (anything from the 90s downwards) you could be making some good money.
In fact there has never been a better time to dip your toes into the vintage shoe market.
Given that people have long disposed of their old shoes, you can expect to find unwanted footwear in all sorts of places.
Happy hunting grounds are charity shops, car boot sales, attics and even the back of your mum’s wardrobe.
Take a look on eBay, where you’ll get an idea of prices currently being paid for vintage shoes and which types are most popular. Keep a close eye on the fashion press, too, to see where the style trends are heading.
Despite being 55 years old, Barbie’s pulling power has remained defiantly undiminished.
She is officially the biggest selling toy in history: three Barbies are sold every second!
The blonde bombshell first burst, fully formed, onto the toy scene in 1959 and now, standing at just under 12 inches tall, she heads a business worth almost two billion dollars a year. Individual dolls can be worth thousands of pounds.
Some Barbies sell for thousands although many others are not worth anything. Like a lot of collectables, you need to know which are the ones that could be worth something now…or a bit later.
Props, costumes and rare records can be a great investment, with some valuable items turning up in the strangest places.
With film, Hollywood memorabilia is much more popular (and therefore valuable) than items from British cinema and these collectibles have grown in popularity as music and films have become bigger business. When it comes to music, Beatles artefacts are the most collectible worldwide.
Elvis Presley memorabilia is hugely popular with people paying anything from £5 for a new Elvis doll to $100,000 upwards for a rare Vegas suit.
make money selling first editions
It used to be that you had to have a really old first edition book to make any money from it.
Now, though, if you have a first edition of something recently popular like Harry Potter or Twilight, you can be looking at a lot more money than you would with an impressive-looking first edition of Sir Walter Scott, for example.
It’s still possible to find a gem in charity shops and at car boot sales, but it’s getting harder all the time. You will have to pick up an awful lot of rocks before you find the diamond.
- the popularity of the author,
- the rarity of the book
- and its condition.
Collecting modern first editions is a good place to start because it’s considered relatively straightforward and cheap and of course silver screen adaptations like Harry Potter and Lord of the Rings are always in demand by collectors and sellers.
However, the really old ones – if they are rare and written by well-known writers – are still a good bet.
Did you get a snow globe for Christmas or when you were on holiday?
Many are mass-produced now but ones that are rarer, and older, can actually fetch a good price now.
You would be surprised which ones can be valuable. For example, snow domes with the current Pope in (yes, that is a thing) are worth buying next time you’re in Rome as they jump up in price when each Pope dies!
It may not seem like a great money-making opportunity, but in the UK snow globes picked up for only a few pounds at a car boot sale can go for £15 in specialist shops if they are in reasonable condition and have unusual designs.
Their appeal for many collectors is emotional. “They are perfect, little, untouched worlds that remind you of the lost simplicity of childhood,” says London collector Lucy Summers.
Do you make money collecting or selling rare items? Maybe you’ve now been inspired to give it a go?
Let us know in the comments below or on Twitter here @MoneyMagpie