Posted on March 11th, 2022

If you have a lot of storage space, your attic and garage may be stuffed with old furniture, books, and other items you've held onto over the years. At first glance, it may just seem like nothing more than a pile of junk. But, if you rummage through carefully, there may be a chance that you're sitting on a few valuable collectibles just waiting to make you money.

Collectibles are items that are worth far more than their original sale price and are considered alternative investments—vehicles that don't fall into any other category like stocks, bonds, cash, or real estate. Investing in this asset class can be both rewarding and help you maximize your returns. But it helps to know some of the basics. This article looks at collectibles as an investment and helps you decide whether this emotional market is a good place to park your money.

All Things Old Made New Again

A collectible is anything that can be sold for more money than it was originally worth. These are items whose value increases over time. While they may be rare, some items are mass-produced to become collectibles—think Beanie Babies when they first hit the market. Another trait collectibles have is that they pique the interest of collectors, like photographs and many works of art. In order to get the most money from a collectible, the owner must ensure it's in stellar condition. Trading cards, stamps, and comic books are just some of the most well-known collectibles around.

Original article: https://www.investopedia.com/articles/basics/06/contemplatingcollectibles.asp

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