Collecting Old Could Make You A Rich Man!
It has long been suspected that there is a great deal of money to be made in iconic and vintage toys. Although the majority of us used toys for what they were and pretty much destroyed them, a few clever folk kept theirs in pristine condition. It could be argued that we enjoyed ourselves more, but as antique toy prices continue to rise, its the careful ones who are benefiting.
Vectis, one of the biggest toy auction specialists have released figures that show a seven percent increase in the price of vintage toys last year. Even though you might think people would be watching their spending right now, toy sales at action reached a whopping mil last year. According to Vectis the most expensive items to go under the hammer where Victorian rocking horses, vintage Hornby train sets and a couple of Georgian dolls houses. Most of the toys that were put up for auction last year had either been inherited or found in a dusty corner of someone’s attic according to Vecitis’ research.
Jake Fenchurch of the Society For Antique Toys has given his suggests regarding the occurance of the record prices. He argues that there is a serious lack of hand-crafted quality toys being made these days, and instead companies are opting for cheaper, mass-produced items.This means that the traditional products such as tin and wooden toys are becoming even rarer and thus more valuable. Selling up right now though is not his advice.In this growing market you should be patient as there is a great deal of upwards movement still to come.So the advice for now is hang on to those old rag dolls, Steiff bears and vintage toy car collection because there is more money to be made from them yet. Also, it’s worth checking the attic or the garage as you just might find a gem you didn’t know you had.