Myths and Facts About Collectibles

Ever been on the Internet? Of course you have. Chances are at some point or another, you’ve encountered a viral rumor about some object from your childhood being worth your weight in gold. You may have frantically fact-checked, or lost your head a little and called your mom to look in the attic to see whether or not you’re a millionaire. Many of these rumors die out for a while and then begin to recirculate.

Rumor: Disney Black Diamond VHS Tapes

Before you run off to count up your old Disney VHS tapes, you should know they’re not rare. They’re certainly not worth thousands of dollars. When you research the value of items on eBay, always check the buying price for the true value, not the selling price. Anyone can put an exorbitant price tag, or ramp the bids up, on an item.

Rumor: Princess Diana Beanie Baby

2017 marked the 20th anniversary of Princess Diana’s tragic death. It also marked 20 years of people claiming that the Princess Beanie Baby is worth millions, hundreds of thousands, or at least thousands. We all know how the supply vs. demand equation worked out when it comes to Beanie Babies, and Princess is no exception. Recently, this item has sold for $1 on the low end to $1,000 on the high end.

Rumor: Old American Girl Dolls

This is yet another case of reporters not understanding how Ebay actually works. The article that made the rounds concerning Pleasant Company’s original lineup boasts of the oft-inflated asking price, not the actual selling price.

Rumor: Harry Potter First Editions

Rejoice, for these rumors are actually true! Some first edition Harry Potter books qualify as rare and valuable. The author’s signature adds value, and condition factors into the resale as well.

Check out our online and live auctions. You never know what you’ll find.

 

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