Monday, July 25, 2011

Some Basics for Collecting

Having a collection of something can be an enjoyable and satisfying hobby if you put some thought, planning, and research into it. With a little effort you can acquire many beloved items that can be treasured for years.

Maybe you aren't sure where to start. First take an inventory of what you are already interested in. Think about what sorts of things speak to your heart and appeal to your senses. What's that one item that gives you a thrill when you find it? Do you already have small groups of similar items that you would like to add to? Next you should ask yourself what the main purpose of the collection would be. Many people display their prizes in a professional looking way. It can be quite the wow factor and a great conversation starter. A visible and prominent display allows you to enjoy what you have at any time.

However, keeping your items private, perhaps even stored, can be just as enjoyable provided they are kept safe and in good condition. Some subject matter might be good for educational experiences, especially items related to history or famous people. The value of what you own may matter to you as well. Consider if you are more concerned about what it will be worth monetarily to you in ten years, than its intrinsic value.

Coins and certain historic items can be good bets, along with gold or precious metals if you want items that hold their value. If something was a fad or phase it may lose value over time. If it seems cheap or too good to be true, it probably is. Condition will also determine the value of your collectibles. The exact same item can vary drastically in price if it is broken or has missing parts. Make sure you educate yourself on how to care for your items.

Proper storage and cleaning will preserve the quality and lengthen their life. Consider if what you are collecting appeals to a broad range of people. If it is too specialized it may be hard to recoup your costs or make a profit. Assessing if you truly have the funds to make the investment, and deciding if it's OK if you potentially lose a bit of money can protect you from an unpleasant situation.

Thanks to the internet and online auction sites there are nearly limitless ways to find what you want. Garage and estate sales can be surprisingly great places to find little gems. Finding a group or forum that relates to what you collect is also a great resource. Always protect yourself. Be careful of scams and verify the quality before you buy. Make sure you can send it back if you need to.

If you are purchasing a historical artefact it should have some sort of letter of authenticity. Fakes and reproductions can be hard to identify if you don't know what you are looking for. With care and a little time you can become an educated and satisfied collector. It is an excellent pass time and requires very little skill. It is a great way to get the whole family involved too.

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