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Post by Deleted on Feb 11, 2020 20:37:06 GMT
Well, they are, until they aren’t. E.g., the couple whose estate I’m helping out have quite a few Hummel figurines. At one point, some of them were valued at hundreds of dollars apiece (I’ve got insurance estimates on the ones at this estate). But the collectors were, for the most part, women of a particular income bracket and particular age. As they aged and started dying, the demand for these figurines started plummeting... with the flip side being that the supply of them started skyrocketing. We’ll be lucky to get $30 for any of them at the estate sale - which is even less than the original purchase prices years ago. Similar things have happened with Elvis memorabilia and baseball cards. Now, watches are *probably* a better investment than some of those other things I mentioned... but as things like Apple Watches become more and more advanced, not to mention more popular, I could easily see some new version of the Apple Watch becoming ubiquitous, and driving down interest in classic wristwatches. There's a quite a difference between classic watches and something in the decorative market like Hummel figurines that are very much an acquired taste. The latter is just out of fashion ( a bit less so in the US, where tastes tend towards the quaint and old fashioned), likewise in the UK you can't give away Royal Doulton figurines these days. Something like a 1930s Rolex Oyster watch will always be high end and desirable and I don't think technology will affect it. All markets are prone to fluctuations, but some are more stable than others.
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Post by Crunchy Col on Feb 11, 2020 20:43:18 GMT
likewise in the UK you can't give away Royal Doulton figurines these days. well, I thought so, but is this a bit naff? my Nanna had one and I saw the same model in a second-hand shop near me a few days ago - going for 200 quid!
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Post by tory on Feb 11, 2020 20:47:58 GMT
Apple sold more watches in 2019 than the entire Swiss watch industry. 37 million compared to 23 million.
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Post by Deleted on Feb 11, 2020 21:00:15 GMT
likewise in the UK you can't give away Royal Doulton figurines these days. well, I thought so, but is this a bit naff? my Nanna had one and I saw the same model in a second-hand shop near me a few days ago - going for 200 quid! Some antique dealers ( and don't get me started on some charity shops!) are pretty optimistic in what they ask. I doubt it will sell for anything like that. I remember a few years ago I bought one from their flapper/Charleston range at an auction because I thought it would tap into that art deco appeal. At the same time, some woman on ebay who said she was one of the "experts" on an ITV antiques show was trying to sell the same one on ebay for £250. Needless to say she couldn't sell it. I did eventually sell mine to someone in The States for 40 quid, but it took me about a year. You have to be a bit careful because there is the occasional model that might be rare or particularly old that will go for big money, but 90% will only fetch between £15 -30 these days. Modern collectibles like Lladro will go the same way, stuff like that is just seen as a bit kitsch or tacky.
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Post by Half Machine Lipschitz on Feb 11, 2020 21:36:44 GMT
likewise in the UK you can't give away Royal Doulton figurines these days. well, I thought so, but is this a bit naff? my Nanna had one and I saw the same model in a second-hand shop near me a few days ago - going for 200 quid! We sell those things by the lot. 6 or 8 of them at a go for $100 to $200 bucks. I don't know who buys them. I'd like to buy a tray of them and then do a pratfall after I've picked them up.
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Post by Deleted on Feb 11, 2020 21:38:31 GMT
I just looked at Ebay sold listings for the above figurine and they all sold for between £15.00 to £30.00..so I was even more accurate than I would've guessed!
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Post by Crunchy Col on Feb 11, 2020 21:48:12 GMT
So they're two a penny, eh?
Fucking shysters
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Post by tory on Jun 1, 2020 15:08:34 GMT
I invested a bit of cash this weekend and have spent most of the day poring over the market. Sometimes I really do kick myself that I didn't start on this much earlier than I have done. I spaffed a load of inheritance cash up the wall after my mum died and wished I'd just chucked it into investing.
A company that I took a bit of a punt on as a "long" tip from a guy I chat to at my son's football matches went up by 150% today. I didn't invest much in it, but I felt a little bit of the absolute RUSH one might get if they'd put a load of money into it.
The thing is, it's all there at your fingertips to research and find out stuff. Buffett's tip makes sense "invest in what you know" - and so I invested in Activision (they make computer games such as Call of Duty) and Games Workshop, both of whom are solid players in their respective markets.
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Post by sloopjohnc on Jun 1, 2020 15:34:06 GMT
Reminds me of the Seinfeld episode, The Stock Tip.
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Post by Deleted on Jun 2, 2020 6:19:44 GMT
Sold most of my shares a few months ago. Took a hit. Don't feel comfortable re-investing yet. Although there are no doubt bargains around.
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Post by tory on Jun 2, 2020 7:54:39 GMT
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Post by Crunchy Col on Jun 2, 2020 8:12:19 GMT
It's a great time to speculate - get in on the ground floor, it's only going up etc. etc. etc.
My Royal Dutch Shell shares are close to worthless now, and they're certainly not worth holding on to. As soon as they're back up to a reasonable price I'll get shot of the lot.
I'm still hearing a lot about Bitcoin.
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Post by tory on Jun 2, 2020 8:51:13 GMT
It's a great time to speculate - get in on the ground floor, it's only going up etc. etc. etc. My Royal Dutch Shell shares are close to worthless now, and they're certainly not worth holding on to. As soon as they're back up to a reasonable price I'll get shot of the lot. I'm still hearing a lot about Bitcoin. markets.ft.com/data/equities/tearsheet/forecasts?s=RDSA:LSEMaybe hold John?
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Post by Crunchy Col on Jun 2, 2020 9:00:50 GMT
Ah - OK. I never look at the FT. Thanks.
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Post by tory on Jun 2, 2020 10:43:29 GMT
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