Last post on Aug 26, 2013 at 6:36 PM
You are in the Classic Cars
What is this discussion about?
#297 of 378 Re: . [Mr_Shiftright]
May 24, 2012 (10:04 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 (11:05 am)
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 378 Re: . [Mr_Shiftright]
May 24, 2012 (11:47 am)
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 (12:46 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 378 Re: . [Mr_Shiftright]
May 24, 2012 (1:09 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 378 Re: . [Mr_Shiftright]
May 24, 2012 (1:41 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 378 Re: . [texases]
May 24, 2012 (1:42 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.
May 24, 2012 (1:44 pm)
I prefer to collect things that are well-made, so that even a rookie who has no knowledge would recognize it as worth keeping and protecting...for instance, just about everybody would recognize that a beautifully made ship model is not something you'd accidentally throw out.
May 24, 2012 (4:35 pm)
The next generations won't have the nostalgia
I've read quite a few stories about boomers bemoaning the fact that their kids have no interest in their pencil collection or their cigar band collection. And no museum wants that stuff either. Maybe Ripley's.
Old toys probably will do okay though since they are just fun to look at, unlike, say, old lottery tickets.
#306 of 378 Re: . [steve_]
May 24, 2012 (5:43 pm)
That's true, the charm of old toys will help. But there will be a peak for boomer era stuff then decline or at best stagnantion, as has happened with many 30s era toys. Right now some 80s toys are on the way up, being the last decade before collectors started hoarding new in box items.
I think things like cigar bands and carnival glass and the like have been on the way down for some time - the generations who collected those have been dying off for decades. Toys should perform better than mass produced glassware. Things like hummels and mass market art pottery are also way off.