You have something hot to sell? Should you sell it or not?
We get calls from sellers that tell us they have a very limited piece, or a unique, rare piece of something they paid big bucks for when they bought it. Most of these calls are about collectibles. After letting them describe their valuable items to me (remember they paid big bucks for it) they want us to sell it for them through an assignment auction for bigger bucks.
After clearing my throat, I normally refer them to an article by Terry Kovel, author of more than 100 books about collections, at http://www.BottomLinePublications.com . The article I refer them to is entitled “10 Collectibles NOT Worth Collecting Anymore.” While the article is a few years old, I see it very applicable today.
You can go the website and search the title and read the article in full detail but I will give you a brief summary here:
(1) Hummel and Precious Moments figurines- younger generations have very little interest in them. Hummel figurines taller than 12 inches and made before 1949 are exceptions.
(2) Anything made by the Franklin Mint- little resale market. This includes coins and plates by Danbury Mint and Royal Copenhagen.
(3) Longaberger baskets-basket resale market has basically collapsed.
(4) Limited-edition Barbie Dolls-Mattel issued too many limited editions. Early 1959 through 1960’s in top condition may have value.
(5) Thomas Kinkade painting and prints- were produced in huge quantities. They now have limited resale value.
(6) Autographed sports memorabilia- too many forgeries.
(7) Vintage metal lunch boxes-few lunch boxes fetch over $100. Some exceptions with the 1950’s or 60’s Star Trek or Superman.
(8) Cookie Jars- most sell for less than $50, depending on design and condition.
(9) China sets- can pick up a great deal at estate sales, viz., half the price of new china.
(10 )Collectible plates- especially by Norman Rockwell or LeRoy Neiman. Their plates are worth less $5.00 a plate if they date before 1980. Those produced within the past 30 usually have no value.
I could add a few others like gnomes and ceramic dolls.
I hope this article was helpful and if we can help you liquidate some of your “unique or rare pieces”, give us a call and let’s talk about it.