Australian (ASX) Stock Market Forum

Investment potential of memorabillia

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SirRumpole said:
Shane Warne is putting his baggy green cap up for auction to help the bushfire appeal (good on him).

The bid is already at $315,000.

Is it a good investment do you think ?
Click to expand...

@ $315,000 I think that is bit pricey but it is for a good cause so hopefully it passes through for $1M+
Personally I think collectables are great nice grey/opaque market means there is good value to be found if you know what your looking at.
 
Evidently Bradman's went for $400K at one time.
So Id say the owner would be happy with Warne's price so far.
Mind you it could be the same buyer!
 
No, I'm hinting that the market in older cars may be skewed by the lack of CGT. All those lovingly restored cars doing weddings and school proms; small businesses where the line between hobby and profitable sideline are blurred.

Rarity always has a value. But memorabilia has been commoditised to an extent.
 
Back in the 90s I bought a hg and HT monaro thinking they would be worth a mint ( about $2k Each). Unfortunately I moved around to much and ended up selling them and now they are worth about $50k-$100k a pop.

Collected rare coins artwork etc. Unfortunately the market can be fickled when it comes to collectables. Sometimes there is no market. Bit like bitcoin, one minute it's hot- the next everyone has gone to the next thing.
Rare samurai swords was another one I was looking at. A lot of fakes though.
 
I think memorabilia has a very fickle market, I daresay some items have been collected at the height of peoples career and then, when they are a 'has-been' not held anywhere as much value.
Conversely you may pick up some items early before true legend status is achieved.
You would need to be quite astute to make memorabilia (and collectables) as an investment.
But could be a real fun way to invest and collect a lot of space fillers and conversation pieces.
Have had a great time around mates bars hearing stories about some memorabilia, great entertainment value but not so sure on $ value, which in itself is often a great discussion.
 
tech/a said:
Cars are a ripper.
My old SLR 5000 if Id kept it would be worth over 250K.
I cant believe the prices some fanatics pay for Rubbish.
Click to expand...
Have got a HSV WH Grange 2000 model sitting in the garage gathering dust.
Picked it up around 4 years ago, pretty sure the bottom was in when bought for 7k, but hard to tell as they don't come up for sale very often.
Like anything though, the seller needs a buyer willing to pay the price asked.
Shane probably has a few baggy greens, probably with copious amounts of hair's inside...;)
F.Rock
 
I may have mentioned this before, and it certainly a piece of memorabilia to me, I had a collectable type of car once that doubled in value every two weeks when I filled it up. It was a collectable, of all my rouge mates from the neighbourhood. I tried collecting girls in it too, but it didn't do that very well.
 

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