Collectable Collecting - what's going on?
October 4, 2013 6:16 AM Subscribe
There's been some discussion recently about what a bad investment Beanie Babies turned out to be - but what about other products sold as 'collectables'? Have there been any studies or articles on these products and those who buy them, or has anyone here done so? I'm curious as to whether people primarily collect them because they like them or because they see them as an investment. Is anybody getting rich from selling their old Franklin Mint plates or Ashton Drake porcelain dolls?
posted by mippy to society & culture (19 answers total) 4 users marked this as a favorite
I've been fascinated by this ever since I would see the ads for 'limited edition' sculptures, jewellery and knick-knacks. As a child, a chain of jewellery stores would sell 'collectable' figurines such as Lladro or Pocket Dragons, complete with 'certificate of authenticity' and instructions that the packaging should be kept so that they would be 'worth something' in the future. (My mother bought a newborn porcelain doll from a Sunday supplement ad as she collected them at the time- when we tried to sell it on eBay, boxed and certified, it sold for £10. This was before the reborn craze, however.)
I'm aware how powerful 'limited edition' and 'collectable' are as persuaders - and I used to enjoy the process of collecting things as a child, albeit 99p bear figures from the local market - but I am curious as to whether people collected as a view to recouping an investment, and how often does this come to fruition? (I note that there are in face some Beanie Babies that remain relatively expensive on the secondary market.) Is there a subculture around collecting these?