3 ms·
I know as a kid I had a ton of "collections" - Pez, coins, stamps, Pokemon cards, Nintendo games, postcards, baseball cards, old newspapers, books. For many of
by Brendinooo 9y ago
I know as a kid I had a ton of "collections" - Pez, coins, stamps, Pokemon cards, Nintendo games, postcards, baseball cards, old newspapers, books.
For many of those, I would build up and hold on to things because I thought they'd be valuable some day, or maybe future kids/grandkids would benefit from having something handed down. I also like history and really enjoy seeing antique craftsmanship.
Even though stuff like the Beanie Baby craze crested and fell pretty quickly, you still have shows like Antiques Roadshow and Pawn Stars that show all of those hidden gems. Or, in the coin world, you'd read about some trove of uncirculated buffalo nickels being discovered in an attic somewhere. Or, if you ever go to the Andy Warhol museum, there's a whole section dedicated to his "time capsules" of collected mundane stuff, much of which ends up providing some kind of historical value.
When I was a kid, no one told me about putting money into mutual funds and compound interest (or if they did I didn't listen), let alone the principle of survivorship bias. Besides, that stuff is boring compared to the Star Wars Episode I Pez collection and commemorative Pepsi cans[1]. If I had held on to my 20 our of 24 opened cans, maybe I could have sold them for 30 bucks or so!
I've been having a lot of reality checks as I get older. I kept my Star Wars prequel novelizations in good condition, but I can also get a book in similar condition on Amazon for 5 or 6 bucks. And I never read my parents' favorite fiction books, so there's a solid chance that my kids won't care either. Maybe in the midst of getting rid of these things I'll get rid of the one thing that could be worth thousands in a generation or two, but that's like playing the lottery, isn't it?
[1]: www.ebay.com/itm/Star-Wars-Episode-1-Exclusive-Pepsi-Display-Collectors-Item-Set-of-24-Cans-/253064909025