Peace of Mind Organizing

"Collectibles" may not be worth keeping

15 August 2012

Every now and then, I run across collectibles in clients’ homes. They’re usually packed away and rarely on display. And the client usually has high hopes that if she hangs on to them long enough, the items will end up selling for a good deal of money. I don’t know much about collectibles and offer no counsel when they come up.

Today, I came across article about collectibles on TheStreet.com called 9 Completely Worthless Collectibles that confirmed my suspicions that these collectibles do little more than take valuable storage space. The article was written a couple of years ago, but it’s hard to imagine that conditions have changed.

If you collect Beanie Babies, Precious Moments figurines or Norman Rockwell plates, or other such collectible items, you might want to take a look at the article.

My favorite line is this:

“I tell people that keeping collectibles is like storing money under your mattress,” says Lou Kahn, head of the Bakerstowne Collectibles appraisal and consignment service in West Hempstead, N.Y. “You’re going to have the same amount of money next year, but it’s going to be worth a lot less.”

Tagged with: clutter, collectibles

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