Collectibles are generally not a good investment. Want to buy some Beanie Babies?
Look at something very collectible like the Mobile Fidelity boxed set of the Beatles. It retailed for around $300
Historically you can double your money in the stock market about every 6 years. That set was released 26 years ago so you would have had about 4 doubles in that time.
$300 x2 x2 x2 x2 = $4,800
Sealed sets are pretty rare but opened ones go for around $1,000 so it is hard to imagine a sealed one would get almost 5 times that.
It's like those late 60's early 70's muscle cars going for 100-200 thousand. Still a bad investment. Using the same math on a car that cost $3,000 in 1970 it would have doubled maybe 6 times.
$3k x2 x2 x2 x2 x2 x2 = $192,000
Factor in the insurance paid each year that would also have double in value every so many years had it been invested (take just the first year and let's say it was $200 it would be worth almost $13,000 now, each year compounded a little less but easily a few $100K after 38 years), add maintenance, garage space, and the off frame restoration it takes to get top dollar that costs probably close to $50,000 and you just lost your ass on that deal.
That doesn't include the pleasure of ownership but as an investment it doesn't do so well. Buy them because you want to listen to them and enjoy them.
Look at something very collectible like the Mobile Fidelity boxed set of the Beatles. It retailed for around $300
Historically you can double your money in the stock market about every 6 years. That set was released 26 years ago so you would have had about 4 doubles in that time.
$300 x2 x2 x2 x2 = $4,800
Sealed sets are pretty rare but opened ones go for around $1,000 so it is hard to imagine a sealed one would get almost 5 times that.
It's like those late 60's early 70's muscle cars going for 100-200 thousand. Still a bad investment. Using the same math on a car that cost $3,000 in 1970 it would have doubled maybe 6 times.
$3k x2 x2 x2 x2 x2 x2 = $192,000
Factor in the insurance paid each year that would also have double in value every so many years had it been invested (take just the first year and let's say it was $200 it would be worth almost $13,000 now, each year compounded a little less but easily a few $100K after 38 years), add maintenance, garage space, and the off frame restoration it takes to get top dollar that costs probably close to $50,000 and you just lost your ass on that deal.
That doesn't include the pleasure of ownership but as an investment it doesn't do so well. Buy them because you want to listen to them and enjoy them.