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30 collectibles that are now worthless

30 collectibles that are now worthless
Mary Shustack

COLLECT CALL…..
Many of us hold onto things for years, sometimes decades, believing our “treasures” — well-considered purchases made for investment, collections methodically assembled, or even family heirlooms — will yield big rewards. Some take pride of place on the mantel; others are stored away in boxes that crowd the basement or languish in the attic. Unfortunately, though, the goods we were sure would appreciate in value often turn out to be worth nothing, or at least not much more than we paid for them.

VINYL RECORDS
A $35,000 copy of “The Freewheelin’ Bob Dylan” or the Beatles’ “White Album”? Some records may be worth something, but even with vinyl having a renaissance, no long-neglected albums from junior high are likely to finance the next generation’s college tuition. Most newbies are simply buying re-issues and contemporary releases, and veteran collectors want pristine original pressings. The most valuable albums are rare and ideally kept in climate-controlled, dust-free storage. Otherwise, expect pennies on the dollar.

STAMPS
Stamps, like so many other collectibles, are filled with variables. Condition plays a big part in determining value, as do age and rarity. The casual collector who simply saves what looks pretty or interesting, ripping off the corner of an envelope to save that delicate flower, historical figure, or stellar landscape, will wind up with boxes worth very little. The same goes for stamp albums for children or beginners that are sparsely filled — and any U.S. postal stamps from the past 70 years, which is what most people have.

WHEAT PENNIES
Every so often, news of a rare coin, perhaps a recently discovered misstep by the U.S. Mint, gets people emptying their pockets in search of a jackpot find — and good luck with that. More common is the collecting of wheat pennies (also known as wheatbacks or wheat cents), based on hearing that they’re worth more than their face value. That just means they’re worth more than a cent — from 3 to 4 cents to a few dollars at the most — so it would take a lot to make the seller rich.

BEANIE BABIES
Remember the mania for Beanie Babies in the 1990s? Introduced by Ty in 1993, the plush toys — nine in the original collection — were suddenly must-haves. If they weren’t played with and had their paper tags still attached, some could indeed command tidy sums. But last year on eBay, a collection of 2001 Happy Birthday Bears — the complete set of 12 — was seeking a starting bid of just $15 … with no takers. The website Ty Collector laments, “The buying frenzy decreased significantly after 1998 when Ty produced so many Beanie Babies for the worldwide market that retailers had difficulty selling them all.”

HAPPY MEAL TOYS
McDonald’s has been selling Happy Meals since the late 1970s, and many of the tiny toys included with the food have indeed become collectibles worth several hundred dollars for a complete set. But most people probably haven’t collected all 101 of those “101 Dalmatians.” And like many other youth collectibles, Happy Meal toys are worth big bucks only in mint condition with their original packaging — which includes the Happy Meal box. Alas, these giveaways are most often ripped open and played with moments after purchase.

‘BROWN FURNITURE’
“Brown furniture” is a catchall term in the antiques trade for sturdy, dark-wood warhorses such as cabinets and sideboards, dining tables, and bedroom sets. Museum-quality work by noted crafters and designers of historic importance commands the prices one might hope, but everyday home furnishings from the late 19th and early 20th centuries have taken a hit on aesthetic and monetary fronts. Today art deco and midcentury modern pieces are in demand. A walk through many an antique or consignment shop will find the old brown pieces relegated to the back or basement, with price tags to match.

COMIC BOOKS
Unless you’ve dug into a stash of comics and uncovered ultra-rare issues from the earliest days of Superman, Batman, or the classic Marvel heroes, you’re likely holding onto a pile of childhood memories, and nothing more. As baby boomers age, they are paring down and trying to cash in, and the market for comics is glutted. Condition, as with so many collectibles, is key too. A random check of price guides and online marketplaces might prove eye-opening, to say the least.

COSTUME JEWELRY
The costume jewelry market is driven by trends and pop culture. One season, long necklaces for layering are in; next it’s disco-era chokers. Some collectors bypass anything that isn’t signed (designers stamp their name or logo on the reverse), so iconic pieces from noted designers and manufacturers (vintage Miriam Haskell, Kenneth Jay Lane, Weiss, Eisenberg, and others) command top dollar. But by nature, the bulk of costume jewelry is mass-produced, designed to bring a bit of glamour within the reach of everyone. That means there’s an overabundance of pieces that, while pretty and intricate, fill the $5 or $10 tables at flea markets. And here, again, condition plays a part. It’s hard to unload pieces with missing rhinestones or faulty clasps.

MODEL TRAIN SETS
That old model train may not have seen the underside of a Christmas tree in years, but it was made by Lionel, which has been producing model trains for more than a century, so it’s tempting to think it’s valuable. “Many of the trains made in the early years right up through the present have kept their value, and some are highly valued by collectors,” the Lionel Collectors Club of America says. But also: “More common ones, while worthy of running, may not have a high collector value.” As usual, condition, rarity, and an original box are key. If the train is in beaten-up boxes jammed with twisted wires, bent tracks, and a bit of rust, forget it.

SERVING PLATTERS
That china serving platter given at your grandparents’ wedding and used by generations has finally been passed down to you. It was never nicked or chipped — a miracle — and it has to be worth something. But with so many reproductions or revivals of vintage patterns, it can be difficult for an amateur to authenticate a piece and accurately gauge collectible-quality condition and rarity. If the platter is pristine, and from a noted line such as Royal Albert Old Country Roses, you may be in luck. More often, though, passed-down pieces are valuable only for their family history.

CHILDREN’S BOOKS
Some parents will pay anything to share a favorite childhood book with their own children. There are also collectors who collect books for their covers, or to frame pages for decorative purposes. Last year, two first-edition copies of the Dr. Seuss classic “Green Eggs and Ham” from 1960 were selling for $4,750 and $3,500 on Biblio.com — but those featured quite specific qualities that most likely matter to just the rarest collectors. After all, the charm of most children’s books is they’ve been loved: They often carry children’s names (printed perhaps for the first time by them), bent pages, random crayon marks, or even little stains — and those are not exactly selling points, especially when so many classics get frequent printings.

PRECIOUS MOMENTS’ BRIDE & GROOM SETS
Precious Moments bride-and-groom sets made good wedding gifts or keepsake cake toppers, going on to take pride of place in the new couple’s first home. A recent scroll through eBay found many have provoked nostalgia, but not envy, as, for example, 1979’s “The Lord Bless You and Keep You” — billed as “rare!” — was listed at just $8.50

NORMAN ROCKWELL COLLECTOR PLATES
Many people focus on themes or manufacturers when collecting commemorative plates from the ubiquitous American artist Norman Rockwell. But owners should have thought twice before coddling these items, as an array of original retired/mint condition plates complete with box, Styrofoam and certificates of authenticity sell for less than $50 on Rockwellplates.com.

CABBAGE PATCH KIDS
Remember when parents would literally rip Cabbage Patch Kids from each other’s hands in stores? When the soft-sculpture dolls went national in the early ’80s, people couldn’t “adopt” enough of these for around $30. As with many youth-oriented collectibles, condition is everything, so unless your “kid” hasn’t been out of its box, expect to perhaps break even.

VINTAGE COLLEGE PENNANTS
Rah, rah … rah? Those felt pennants hung by generations of students carry plenty of tradition — but their value is, again, subjective. While alumni might feel they’ve held onto gold, they likely won’t be able to pay off that college loan. An undated Boston College pennant “complete with tack hole” can go for only $15 on eBay.

HUMMEL FIGURINES
Hummel figurines were based on the drawings of a nun with the surname Hummel — a fact that may be worth more than any of the zillions of collectibles her work sparked. The Hummel figurines from the Goebel company, first made in the 1930s, have graced many a mantel. But their charm has fallen largely out of favor. Many of the most ardent collectors have died, and this month, the classic “Village Boy” holding a basket was listed for $1 on eBay.

HOT WHEELS
Miniature die-cast cars from Mattel introduced in the late ’60s kept children excited for playtime for years, and collectors happy. Unfortunately, the sheer quantity of the models produced and the fact that most were played with roughly make for poor prices. There have been record sales, but more than a few 1960s models can be scored for a couple of bucks.

SELECT BARBIE DOLLS
There are always going to be Barbie dolls that command top dollar, because there are always going to be deep-pocketed collectors who will pay anything. But the Barbies most people own, especially those “previously loved,” won’t make anyone rich. Even a Donna Karan Bloomingdale’s Limited Edition doll could be had for $22 online this month.

AUTOGRAPHED SPORTS MEMORABILIA
This is a tricky category. There are some authenticated signatures that will trade for the price of a new car or house — but the prevalence of forgeries, mass-produced products, and the like mean there’s a greater chance that the jersey you bought at the local convention center isn’t worth much. If you witnessed the autograph, that’s another story, and lucky you.

COOKIE JARS
Andy Warhol was perhaps the world’s most famous cookie-jar collector, and his trove famously sold for around a quarter-million at Sotheby’s in the late 1980s. But for the general collector, these relics of the past — do today’s diet-conscious masses even eat cookies? — can be scored for a few bucks at the local flea market or well under $50 on eBay.

SOUVENIR BELLS
Everyone knew you collected them: porcelain or metal bells commemorating locations, destinations, and special events. They brought them back from Las Vegas and London for you, joining those you collected on your own travels or at special events, such as a town’s celebration of the Bicentennial. Today, you can travel the world through eBay, picking up bells from Mount Vernon ($4) to Hawaii ($6), Singapore ($5) or splurge on Liberace ($18) … not exactly world-class valuations.

SALT-AND-PEPPER SETS
So, bells weren’t your thing? Maybe people loved to bring you salt-and-pepper shakers. Today, most sell on eBay for well under $10 — not much more than the original prices. A recent lot featured cowboy hats, King Kong and the Empire State Building, pagodas, spice canisters, seagulls, horse heads, and quite a few more, all for $40. Those pairs crowding your shelves are destined to collect more dust.

VINTAGE PLAYBILLS
Broadway shows always seem like a luxury, especially with today’s ticket pricing, and vintage Playbills, especially from opening nights, might seem like theatrical gold. Unfortunately, prices have really dropped since the advent of the Internet, Broadway World readers say. A 1964 Playbill for “Funny Girl” featuring Barbra Streisand, once going for upward of $350, can now be had for around $10. There are exceptions, as always, but these collectibles may be best valued for the memories.

FARM TOOLS
A decorating craze for vintage farm tools had collectors buying items for their looks, often not even knowing the original use. But reproductions glutted the market, and today, with tastes often skewing toward the modern, tools from pitchforks to sheep shears, and sickles to pulleys, can easily be scored on for well under $50.

UNREMARKABLE VINTAGE CLOTHING
You’re cleaning out grandma’s closet and come across dozens of dresses. Unless they have designer labels, back-in-trend silhouettes, or standout details in pristine condition, you’re basically looking at a pile of old clothes. Vintage collectors are ruthless when it comes to provenance and condition, so know that before listing a 1950s prom dress for much more than $75, the going rate on eBay.

CARNIVAL CHALKWARE
Kitschy carnival souvenirs were the darlings of antique shops for ages — “chalkware” dogs and Kewpies of particular interest. But these easily dented and damaged onetime prizes are no longer held in such esteem. It’s a rare example that fetches more than $25.

THOMAS KINKADE COLLECTIBLES
When an artist dies, they say, their work’s value goes through the roof. Well, with Thomas Kinkade, the so-called “Painter of Light,” the sheer quantity of work has left some collectors chagrined. After his 2012 death, The Guardian reported that his work was featured in one of 20 U.S. homes, and now an Old World Santa ornament can be found for $3 online, and a framed “Spring Gate” painting for $15.

HESS TRUCKS
As with so many toys, kids loved — and played with — their annual Hess Truck gift, rarely leaving them untouched in the box. If you have the first one from 1964, when it sold for $1.39, and it’s in pristine condition, the Antiques Almanac says you may be sitting on nearly $2,500. A quick check on prices in mid-July, though, shows that since dozens of models, especially those from the 1970s, sell for well under $40. There are plenty of Hess collectors, but skyrocketing prices are not the norm.

LONGABERGER BASKETS
The classic handcrafted baskets by Longaberger — for years, a company based in a distinctive basket-shaped building in Ohio — typifies the collectibles market: They surged in value in the 1990s on the secondary market, but have been static since. With the company’s shutdown in May, who knows? Collector prices may soon surge.

https://www.msn.com/en-us/money/personalfinance/30-collectibles-that-are-now-worthless/ss-BBL2hb9

Genuine Tiffany and Co. Sterling Titanium 1837 Unisex Ring

Genuine Tiffany and Co. Sterling Titanium 1837 Unisex Ring

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Going through someone’s stuff after that person dies can be a brutal task.

At Oakton Coins we help people in the Chicago area liquidate Estates. You’d be surprised how often someone who moved away from the Chicago area years ago gets pulled back to deal with selling masses amount of stuff after someone in the family passes away. If you’re in the situation make sure you visit us, Yes we buy Coins, all forms of silver & gold collectibles and so on. But because we’re buying and selling all the time, we have contact to most everyone in the Chicago area who will buy pretty much anything. We can save you a lot of time & you will probably end up with more money.  Let us help you get back to your normal life.

You do NOT need an appointment.

Sell Gold Coins in Chicago

When searching for coin dealers in Chicago it’s important to find an experienced professional. We have that experience. 

We welcome inquiries from Banks, Auction Houses, Law Offices, Institutions and Individuals. Our company handles millions of dollars in Proof Sets, Mint Sets, Silver Dollars, Type Coins, and United States Gold Coins every year. We are the premier rare coin dealers in Chicago!

Sell Gold Coins in Chicago

To those of you who want to sell gold coins in Chicago, we pay strong prices for quality United States gold coins. No collection is too big or too small. We are prepared and able to execute any size transaction. You can also sell silver coins and gold, silver, platinum and palladium bullion products.

We have solid bank, trade and client references and a proven, consistent track record in Numismatics. Settlement is made by business check, cash, cashier’s check or it can be directly wired to your bank account.

We have private, comfortable and secure Shop conveniently located at 4547 Oakton, Skokie. 

Rare Coin Buyers in Chicago

If you’re looking for rare coin buyers in Chicago, you can put experience on your side by determining how long a dealer has worked as a professional in the industry. You can also determine their level of commitment by the trade organizations they belong to and the existence of a retail location. In the 21st century, a robust website and excellent online reviews is another good indicator of the character of the company you’re dealing with. At Oakton Coins our strengths are intentionally broad, covering many different fields of antiques and collectibles but our foundation is centered upon the field of Numismatics. When you require services from rare coin buyers in Chicago, we encourage you to come in or call us.

Coin Appraisal in Chicago

When you need a coin appraisal in Chicago, we are the best choice. There are two main factors when it comes to appraising coins, one being authentication and the other being an accurate determination of the condition or “grading”. Authentication and grading require skill and a great deal of experience. There are many methods used to create counterfeit coins and a skilled numismatist must be familiar with all of them in order to recognize the telltale traits that indicate a potential fake.

Grading is another matter all together, suffice it to say, there is no substitute for experience in this field, the “grade” or “condition” of a coin generally contributes substantially to the intrinsic value, so accurate grading is absolutely necessary for an accurate appraisal. We have decades of experience authenticating and grading rare coins for a variety of prestigious international rare coin companies. If you have a need for a professional coin appraisal in Chicago or any of the surrounding areas, contact us today!

Buy Gold Coins in Chicago

If you’ve made the decision to buy gold coins in Chicago, make sure to give us a call so we can give you a highly competitive bid. With the high price of gold over the last several years, one of the most popular issues is the United States $20 gold coin series. These include the Liberty and St. Gaudens designs, each weighing 33.4360 grams with a total net gold content of 0.9675 oz.

We also broker most United States and World bullion coins including the American Gold Eagle, Austrian Philharmonic, Canadian Maple Leaf, South African Krugerrand, Australian Kangaroo and Gold Nuggets, Chinese Pandas, British Sovereigns, Swiss and French 20 Francs, Mexican 50 Pesos and many more!

We handle circulated common dates and high grade key dates as well so call ahead and make an appointment so we can provide you excellent service. We are a local, professional and trustworthy alternative to our nationally advertised competitors. We’ll save you money and guarantee a pleasant and professional transaction when you’re ready to buy gold coins in Chicago or any of the surrounding areas.

Buy Rare Coins in Chicago

Are you looking to buy rare coins in Chicago? If so, we have an excellent selection in stock, some of which can be found on our website. Other items are in stock but not yet listed online. Our stock includes key dates from most major series such as Silver Dollars, Lincoln Cents, Buffalo Nickels, and Indian Cents etc.

As most collectors know, when the value of a coin is below $50.00, the cost of certification just doesn’t make sense. Our raw coin inventory includes many circulated and uncirculated specimens from most series. Our prices are fair, our grading is conservative and consistent and we enjoy working with collectors and dealers alike. If you buy rare coins in Chicago or any of the surrounding areas, why not give us a call and see what we have to offer?

If you are looking to sell rare coins in Chicago we are here to assist you. We provide the following services:

-We perform free verbal Rare Coin appraisals and also professional written appraisals

-We purchase Rare Coin collections

-We provide Rare Coin grading and certification services

If you are a local resident looking to sell rare coins in Chicago, we welcome you to arrange a visit to our private, secure shop and let us help you accurately evaluate your:

-Proof and Mint sets

-All United States and world currency

-Modern Proof and Mint Silver and Gold Commemorative coins

-Old Commemorative Half-Dollars

-United States gold coins:  All early type, $20 St. Gaudens, $20 Liberty, $10 Liberty, $10 Indian, $5 Liberty, $5 Indian, $4 Stella, $3 Indian, $2.5 Indian, $2.5 Liberty and all types of Commemorative gold coins.

-Early United States type coins

-Silver Dollars: Flowing Hair, Bust, Seated, Trade, Morgan, Peace and Eisenhower

-Half Dollars: Draped Bust, Seated, Barber, Walking Liberty, Franklin and Kennedy

-Quarter Dollars: Draped Bust, Seated, Barber, Standing Liberty and Washington

-Dimes: Draped Bust, Seated, Barber, Mercury and Roosevelt

-Half Dimes: Bust and Seated

-Nickels: Three Cent Nickel, Shield, Liberty, Buffalo and Jefferson

-Three Cent Silver

-Two Cent Pieces

-Large Cents, Early Type, Chain Cents, Flowing Hair

-Small Cents: Flying Eagle, Indian Cents and Lincoln Cents.

 

UNITED STATES NOTE USA SERIES OF 1907 WOOD CHOPPER $5.00 FIVE DOLLAR BILL

HAWAII WWII HIGH GRADE BROWN SEAL SILVER CERTIFICATE BANKNOTE

1935-A $1 HAWAII WWII HIGH GRADE BROWN SEAL SILVER CERTIFICATE BANKNOTE

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One Dollar Gold

1851 U.S. One Dollar Gold Coin

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Vintage DORIS CORPUS MEXICO SILVER Flowered Vine Necklace – earrings.

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1964 50C Kennedy Half Dollar Silver Proof PCGS. PR67 CAMEO

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Thinking about pawn shops around Chicago?

Oakton Coins & Collectibles buys all forms of gold and silver from Chicago pawn Illinois. We are not a pawn shop. We do not have a pawning license.

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Oakton Coins & Collectibles has no interest in the pawn business, But like pawn shops we buy, gold silver, diamonds, and collectibles (especially wwII stuff). Service areas include: Lincoln Park, DePaul,  Bucktown,  Wrigleyville, north park, Rogers Park, Edison Park, Edgewater, Lincoln Square, Jefferson Park, Portage Park, Andersonville, Albany Park, Lakeview, and Sauganash. Don’t go into debt for you items, life is short – get the most money you can, and let it go.

We are not a pawn shop, so no loans. No electronics, car radios, furniture, or catalytic converters (that’s junk yard stuff).

• We buy Scrap Silver at our Chicago – skokie pawn location.
• Sterling Silver Tea Sets Pawn
• Sterling Silver Flatware Sets
• Sterling Silver Heart Dish
• Scrap Sterling Silver Tea Sets
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• Sterling Silver Class Rings Pawn
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• Scrap Sterling Silver Earrings Pawn
• Scrap Sterling Silver Silverware
• We buy Scrap Sterling Silver Dishes in our Chicago – skokie pawn location
• We buy Scrap Sterling Silver Flatware at our Chicago – skokie pawn store
• Scrap Sterling Silver Flatware
• Sterling Sterling Silver Flatware
• Scrap Sterling Silver Pawn
• Scrap Sterling Silver Earrings
• Scrap Sterling Silver Silverware
• Sterling Silver Wall Set
• Tiffany Hampton Flatware Set Chicago

We pay more than chicago, skokie pawn or Evanston pawn shops!

We buy coins, paper money, all forms of gold & silver, estate jewelry, platinum, stamps, diamonds, and more…..

Oakton Coins & Collectibles in Skokie : We buy & sell coins, paper money, all forms of gold & silver, estate jewelry, platinum, stamps, diamonds, and more….. http://oaktoncoins.com