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Eight Collectibles you Won't make Any Money With
What is a collectible? for most of us, it’s something that tugs at our heartstrings; an object out of our childhood, or one we associate
with special people, places, or events. Meaningful items, if only to us.
unfortunately, many speculators, seeing the climbing value of certain
rare items, have jumped on the collectibles bandwagon as a way to make
money, and, not too surprisingly, many of them have been burned.
The Street.com recently named eight items that have scorched many a collector. Here’s our take on these once-popular mementos.
Hummel figurines these ceramic figures from Germany became popular after soldiers returning from WWII brought them home as
gifts. WalletPop ecently asked Terry Kovel of Kovels.com about the value
of Hummel figurines, once thought to be excellent collectible
Kovel said that despite the limited editions, the original quantities made were enough to satisfy the desires of the market, and a secondary
market for the figurines never developed. he went on to say that prices
“Have gone to hell.” a quick perusal of eBay Hummel auctions is enough
to confirm that; many figurines receive no bids at all, and most sell
for much less than book value.
Cabbage Patch Kids while many of us remember 1983 for the last episode of