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In general I completely agree with this article, unless the collectible generates value in itself and is limited. For example film cameras and more rare medium
by buildbot 5y ago
In general I completely agree with this article, unless the collectible generates value in itself and is limited.
For example film cameras and more rare medium format digital cameras are appreciating now quite a bit, above original MSRP
- Gigachad 5y agoIt's extremely difficult to work out which things will be valuable and after the effort and time spent holding the item, you didn't really do that well. Incidental profits from reselling stuff you happened to hold that gained in value. Most stuff never goes up in value. Most technology, even the famous/popular stuff has only gone down in value. With a few exceptions of things which were later seen as iconic but rare. Stuff like the original Nintento gameboy can be bought now for less real value than they were new. Almost certainly because there are so many around. So you have to be a fortune teller to work out what item will be more popular in the future than it is now.
- buildbot 5y agoI completely agree - anything mass produced is not going to fall into this category. Also collecting from new is always pretty iffy. But buying used and holding onto gear for a few years is not going to lose you much money. Definitely do not quit your day job but its not particularly hard to make a little money on the side.
- deleted 5y ago[deleted]
- nradov 5y agoOnce the population of photographers who ever used film cameras dies off, the value of most old film cameras as collectibles will drop near zero.
- buildbot 5y agoAs someone who was born after film was dead and now has quite a lot of film cameras, I don’t think this will be the case.