Top five collectibles that aren't worth your money


2015-06-26 13:01:57


Top five collectibles that aren't worth your money

A look at the top five collectibles that you should think twice about before parting with your money

  1. Beanie Babies

Beanie Babies collecting Top FiveThe craze was just the product of a clever marketing scheme

Remember everybody clamouring for the latest Beanie Baby back in the 1990s? Well, that fad has since died out and now your bright orange collectible Wiggly the Squid toy is worth little more than the materials used to make it.

The craze for Beanie Babies began in 1995 as a carefully orchestrated marketing scheme by the Ty company, who had planned to create a collectible toy that would sell in their millions. However, the craze rapidly declined after the company released its final bear called "The End" in 1999, giving collectors little to look forward to.

Today, you can pick up some of the once-rare Beanie Babies for around $5-10, although those with manufacturing errors - such as Peanuts the Elephant, who was made in a much darker colour than intended - can still sell for hundreds, possibly even thousands.

  1. Hummel Figurines

Hummel Figurines collecting worth valueThis little chap is now more likely to be found at a car boot sale

These German ceramic figures were brought home as gifts by Allied soldiers returning from the second world war, though they are now more likely to be decorating the tables at a yard or car boot sale than the mantelpiece of your home.

A strong market for the figures - which are based on the drawings of Sister Maria Innocentia Hummel - emerged in the 1970s, spurred by nostalgia for the wartime era. Prices shot up during this period, although they have now reached an all-time low, with new collectors having little interest in the outdated figurines.

Although most figures will sell for no more than $100 at best, the larger examples andthose manufactured before 1949 will still reach $1,000+ in the right market.

  1. Caddy spoons

Caddy SpoonLook out for silver spoons made in Birmingham prior to 1800

Those ornate spoons that you see dotted around almost every antique fairare actually known as caddy spoons, and were used to measure tea leaves before the invention of the tea bag. Collecting these spoons has a lot more to offer than you might first think. Mostly made of silver, the spoons often reveal their rich history through the hallmarks, assay marks and maker's marks.

Like most of these one-time collectibles, there was a well-established market for caddy spoonsthroughout the 20th century,with some of the most coveted examples bringing impressive sums at auction. Today, the only spoons worth your time (and money) are those that were made in Birmingham, UK around 1800 or earlier.

  1. Barbie dolls

Barbie Collecting most valuable worth value auctionBarbara Roberts is reaching her twilight years on the collectibles market

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