According to thestreet.com, Don’t Bother Collecting These…

Precious Moments - no longer a worthwhile investment financially

Precious Moments – no longer a worthwhile investment financially

Thomas Kinkade paintings may appeal to our sense of fantasy but they're not your best investment option

Thomas Kinkade paintings may appeal to our sense of fantasy but they’re not your best investment option

TheStreet.com describes itself as “a leading digital financial company… [providing] the most actionable ideas from the world of investing, finance and business…”.  The article discussed in this blog can be found via this link:
http://www.thestreet.com/story/13162897/1/15-collectibles-that-are-completely-worthless.html

The list includes:

1. Hummel Figurines
2. Lladro Statues
3. Thomas Kinkade Paintings
4. Precious Moments Figurines
5. Norman Rockwell Plates
6. Beanie Babies
7. Hot Wheels
8. Happy Meal Toys
9. Trading Cards
10. Cabbage Patch Kids
11. Franklin Mint Collectibles
12. Marbles
13. DVDs/CDs
14. Hess Trucks
15. Pogs

The article does offer a few exceptions to the items in the list above although some of their suggestions seem suspect to me.

For example, even though most of us know that Beanie Babies are pretty worthless now, thestreet.com says that owning a Princess Diana Beanie Baby “could net you hundreds of thousands of dollars”.  Yet when I checked one of the subscription services that lists actual selling prices of art, antiques and collectibles world wide (not eBay’s asking price which rarely reflects reality), the average price of the nearly 2400 Princess Diana Beanie Babies sold in the past decade was under $40.

According to thestreet.com, this Princess Diana Beanie Baby could be worth investing in - yet a review of one of our subscription websites shows that the actual selling price of the nearly 2400 Diana bears that have sold recently have gone for less than $40,

According to thestreet.com, this Princess Diana Beanie Baby could be worth investing in – yet a review of one of our subscription websites shows that the actual selling price of the nearly 2400 Diana bears that have sold recently have gone for less than $40,

The older Hess toy trucks – maybe pre-1970s – do seem to be a worthwhile investment. (This was before they increased production numbers dramatically.)  While the newer ones have been re-selling for less than $20 or so, the vintage 1964 models such as the one below are fetching up to $1,000 or more.

The older Hess toy trucks, such as this 1964 version, may still be worth investing in.

The older Hess toy trucks, such as this 1964 version, may still be worth investing in.

In our experience, the list is pretty much spot on although we do still get marble collectors wandering in to the shop, and people asking for Hot Wheels.

Unfortunately I made the mistake back in the mid 1980s of buying several dozen Franklin Mint plates for my daughter when she was a baby.  They’re all in a closet, still in their original boxes, so maybe one day she’ll be able to unload them for a few bucks.

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Main Location:  Heritage Collectibles at 189 Main Street, Lewiston  ME 04240.
Hours: Usually 10:00 am to 5:00 pm on Thursdays|Fridays|Saturdays and occasionally 12:00 noon to 5:oo pm on Sundays.  We’re also often open until 7:00 pm on Fridays.
These hours may vary depending on the demands of our day jobs (Linda is a social worker, and John is the post press supervisor at the local newspaper), whether we are exhibiting at a show, or are attending an auction we just don’t want to miss!  Your best bet is to call us first to make sure we’ll be there, or to make an appointment.
Contact us:
Maine locations
… John: 207 713 0674 or JSnyder@regroupbiz.com
… Linda: 207 740 2247 or LSnyder@regroupbiz.com
Los Angeles location
… Jessamyn: 818 738 4713 0r JHopkins@regroupbiz.com
Generic Email
… HeritageCollectiblesMaine@gmail.com
Other Locations:
… Cabot Mill Antiques, Fort Andross, Brunswick  ME
… Sherman Oaks Antiques Mall, Ventura Blvd, Sherman Oaks CA
Upcoming Shows & Exhibits
… none scheduled at this time; we’re taking a breather!
Message re Our Products:
Most of the items we offer are vintage, antique or simply pre-owned.  Therefore, reasonable wear & tear is to be expected, and our items are sold as seen and as described in the photos and/or in person.
We try to describe any damage, nicks, blemishes or other problems of which we are aware in any and all of our listings, and always include plenty of clear photographs which are integral to the description, so please review them closely.
Also, please be aware that vintage and antique items are unlikely to be in factory condition, so if you aren’t used to buying antique or vintage items – and are in fact looking for a pristine, unused item – a new reproduction may be better suited for you.
We ordinarily do not “clean up” items because such cleaning may detract from their value.
We are specific and honest in our descriptions because we want happy buyers who will return and/or refer their friends!

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