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The 10 most expensive collector’s items ever sold. Also, should you invest in collectibles?

By Finserv MARKETS - Aug 2,2019
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The 10 most expensive collector’s items ever sold. Also, should you invest in collectibles?

People who buy collectibles, the professionals, know the worth of their collections, whether they are books, cards, figurines, comics and jeans. But there are many who collect things just for its emotional or historical value, or just because they love it. Whatever the motivation, buying and selling collectibles is a thriving economy in itself and there are some unassuming collectibles that have sold at jaw-dropping prices.

However, valuing a collectible is an entirely different subject not within the scope of this article. But we do know that people invest in collectibles just like they invest in art, paintings and vintage cars and some have sold for millions of dollars.

Yet, buying collectibles to gain a profit in the future is a hit and miss because it doesn’t have intrinsic value. When people invest in gold they know they are buying something with an inherent value that may fluctuate but it will never be worthless. You can’t say the same about collectibles.

Having said that, there have been collectibles that have sold for extraordinary sums of money. Below we list the 10 most expensive collector’s items ever sold in the world. Take a deep breath and read.

  1. The Amazing Spider Man comic – It sold for 12 cents on the day when it was released. The Stan Lee comic was bought by BBC presenter Jonathan Ross at $40,000.

  1. A pair of Levi’s jeans from the 1880s – A Japanese collector paid $60,000 for a pair of 501 jeans from Levi Strauss & Co which was an original pair from the 1880s. This guy outbid everyone to buy the item on an Ebay auction.

  1. The Gutenberg Bible – The Gutenberg Bible is a book collector’s dream and presently only 48 copies are available in the world. These books are worth $20,000-$100,000 depending on the editions.

  1. 1789 Château Lafite wine – This Châteaux-of-Bordeaux wine from 1787 belonged to Thomas Jefferson, the third president of the United States. In 1985, the wine bottle sold for an unbelievable $160,000. We don’t know if anyone will ever get to drink it, though.

  1. The Double Fantasy album by John Lennon – The price tag for this album now is as fantastic as the name of the album. This album that won John Lennon the “Album of the Year” at the 24th annual Grammy Awards in 1982, sold at $525,000 for one single copy that he had signed himself.

  1. Porcelain vase from China – A simple, plain looking porcelain vase from China that belonged to the Yuan Dynasty that ruled China from 1271-1368 is worth $1.2 million or 8.34 crore INR at current exchange rate. Let that sink in!

  1. T-206 Honus Wagner baseball card: Honus Wagner was an American Hall of Fame baseball player. A baseball card with his photograph sold for $2.1 million in an online auction in 2013. The same card was bought at $1.6 million buy another buyer in 2008.

  1. Yellow Swedish stamp: Who would have thought a humble Swedish stamp from 1855 that was printed yellow by error would fetch $2.3 million in 1996.

  1. William Shakespeare’s autograph – Apparently, there are only six original signatures of the Bard in the world and all of them on his house deeds or his will. These are all now owned by private institutions. It is estimated that his signatures worth $3 to $5 million today.

  1. A diamond necklace – Not surprisingly a diamond necklace with 90 white diamonds of 407 carats is the most expensive collectible in the world. However, what is surprising is that it was discovered by a young girl from the Republic of Congo. The necklace is valued at $55 million.

Despite these amazing real stories of collectibles that can fetch a fortune, investing in collectibles is no child’s play. Unless you are on the top of your game and it entails a lot of research, perseverance and time to be there, considering collectibles as an investment strategy is wishful thinking. Unlike the U.S. or other western countries, India doesn’t have a thriving collectible market and it’s difficult for newbies.

In contrast to collectibles, digital gold available at Finserv MARKETS is a safer, reliable and profitable investment option. When you invest in gold on Finserv MARKETS buy purchasing digital gold, you don’t have to worry about quality, purity and safety. You can sell digital gold anytime you want or take physical delivery of the gold if required.

When you invest in gold, you take advantage of triple benefits which is hedging, future protection and direct investment. Investment in collectibles, art or vintage cars requires a large sum of money and is not fit for small investors.

“Finserv MARKETS, from the house of Bajaj Finserv, is an exclusive online supermarket for all your personal and financial needs. We understand that every individual is different and thus when you plan to achieve your life goals or shop for the gadget of your dreams, we believe in helping you Make it Happen in a few simple clicks. Simple and fast loan application processes, seamless, hassle-free claim-settlements, no cost EMIs, 4 hours product delivery and numerous other benefits. Loans, Insurance, Investment and an exclusive EMI store, all under one roof – anytime, anywhere”!

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