Toy Collecting Looking Ever More Attractive
Posted on August 31, 2009
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It is no secret that old toys in the right condition can be worth a fortune. Whist most of us were bashing our toy cars against walls or throwing are action men out of the window, there were a select few who kept their toys neatly in their boxes. It could be argued that we enjoyed ourselves more, but as antique toy prices continue to rise, its the careful ones who are benefiting.
A record increase of 8% in toy prices at auction was seen last year according to toy valuation experts Vectis. Even though you might think people would be watching their spending right now, toy sales at action reached a whopping $14 mil last year. According to Vectis the most expensive items to go under the hammer where Victorian rocking horses, vintage Hornby train sets and a couple of Georgian dolls houses. Most of the toys that were put up for auction last year had either been inherited or found in a dusty corner of someone’s attic according to Vecitis’ research.
Jake Fenchurch of the Society For Antique Toys has given his suggests regarding the occurance of the record prices. He argues that there is a serious lack of hand-crafted quality toys being made these days, and instead companies are opting for cheaper, mass-produced items.This means that the traditional products such as tin and wooden toys are becoming even rarer and thus more valuable. However, he does not suggest selling up just yet.In this growing market you should be patient as there is a great deal of upwards movement still to come.So the advice for now is hang on to those classic rag dolls, Steiff bears and vintage toy car collection because there is more money to be made from them yet. Also, it’s worth checking the attic or the garage as you just might find a gem you didn’t know you had.
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