Last post on Apr 26, 2013 at 2:33 PM
You are in the Classic Cars
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#294 of 366 Re: . [fintail]
May 22, 2012 (6:27 pm)
I'm sorry... :-O !!! This must be the 'Hummel' effect, rare = valuable, I guess...
May 24, 2012 (10:04 am)
What's doubly bizarre is that this model is expensive not because it is rare in itself but because it's in a rare color. Is this for real? I can't imagine someone spending that much for a production glitch.
#297 of 366 Re: . [Mr_Shiftright]
May 24, 2012 (11:04 am)
For toys like this, variations are the rarity, primarily paint and wheels. A normal yellow mint in box version of that car would be lucky to hit 1% of the value of the red car.
May 24, 2012 (12:05 pm)
this sounds like the tulip bubble all over again. One day, a group of people are going to wake up, point to that little yellow toy, and say: "Wait a minute, this isn't worth $10,000!"
And suddenly, it won't be.
#299 of 366 Re: . [Mr_Shiftright]
May 24, 2012 (12:47 pm)
Actually, I suspect that car was worth more 20 years ago than now - the internet redefined the market for most collectors, bringing once unknown items out of closets and attics for the world to see. All it takes is two fanatics.
May 24, 2012 (1:46 pm)
True--for something this esoteric--something that has no inherent value--you need a very trained and knowledgable audience. If it were a real car, or a work of art, well at least that would always be there no matter what anyone thought...but with this, if the audience grows gray and goes away, I don't see the next generation taking this up, at least not at these prices.
I suppose it's like comic books--but I think comic books have a much wider fan base...dunno...
#301 of 366 Re: . [Mr_Shiftright]
May 24, 2012 (2:09 pm)
I'f I'm spending $900 on a car model, it's going to be one of those super-detailed ones, or maybe three of them...
#302 of 366 Re: . [Mr_Shiftright]
May 24, 2012 (2:41 pm)
That will eventually be the undoing of the market - when the boomers start kicking off. I don't see many under 40 collecting 50s-60s era toy cars. The next generations won't have the nostalgia nor the disposable income. But, they aren't too old yet, so there will be a few decades of stable prices for vintage diecast.
I think the fan base might be larger than comic books, as it is global - people collect the toys in Asia, Europe, and the Americas. I don't see it acting like modern baseball cards, which are worthless now.
#303 of 366 Re: . [texases]
May 24, 2012 (2:42 pm)
These are meant more as old toys than scale models, sentimental objects. Still...I have a hard time at the $100 level, not to mention 10 or 50 times that.