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Stacktastic

High value trade & collectible items?

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I was interested in the 'art flipping' thread & wondered what the best items to buy & sell in the short term, or hold onto for the long term. 

Obvious example would be Wine.

Im not too interested in fads, more tried and tested stuff (like art).
Im willing to take a bit of risk but not a lot as I dont have the money to play with. 

Obviously I would start off safe and then diversify when i know a lot more about it. 

Cheers. 

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The world of fossils and precious minerals can be interesting. I collect them for collections sake, but so often I come across massively underpriced specimens which I could easily flip for double the cost. Keep an eye out in Homesense and TK Maxx in the UK, they often stock underpriced ones, have to get them quick before random browsers inevitably ding them. Markets and car boot sales are another great source. Or if you have the cash, head to morocco and get some froma good source (lots of fakes on stalls there though so research needed)

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1 hour ago, SeymourC said:

The world of fossils and precious minerals can be interesting. I collect them for collections sake, but so often I come across massively underpriced specimens which I could easily flip for double the cost. Keep an eye out in Homesense and TK Maxx in the UK, they often stock underpriced ones, have to get them quick before random browsers inevitably ding them. Markets and car boot sales are another great source. Or if you have the cash, head to morocco and get some froma good source (lots of fakes on stalls there though so research needed)

Fossils here in florida are common, i have a mamoth bone, maybe 2 feet long which was cheap, its all dependent on buyers demand, i havefossilized coral, a rarer type i found myself on the way to keywest, i foundnice flipping can be jewelry, if you get a local jeweler you cah flip for 50% over cost quickly, maybe even more with this silver and gold rise,greed will out.

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Posted (edited)

 

On 24/07/2020 at 00:27, SeymourC said:

The world of fossils and precious minerals can be interesting. I collect them for collections sake, but so often I come across massively underpriced specimens which I could easily flip for double the cost. Keep an eye out in Homesense and TK Maxx in the UK, they often stock underpriced ones, have to get them quick before random browsers inevitably ding them. Markets and car boot sales are another great source. Or if you have the cash, head to morocco and get some froma good source (lots of fakes on stalls there though so research needed)

That sounds interesting & its not somehting that will go out of date any time soon. 
TK Maxx? What sort of things are we talking a bout here, do you have any decent sources. 

On 24/07/2020 at 07:38, StackerCollector said:

Whiskey

Yes thats a good shout, although I already distil my own premium spirits, but storing some top shelf stuff over time might be a good bet??
Something I need to look into. 

Edited by Stacktastic

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Posted (edited)
5 hours ago, Stacktastic said:

That sounds interesting & its not somehting that will go out of date any time soon. 
TK Maxx? What sort of things are we talking a bout here, do you have any decent sources. 

TK Maxx and Homesense are the same store, just Homesense only stocks their "Home" section and in greater quantity. I call in whenever I'm in town and browse the home decor section. They often stock geodes and other crystals and sometimes fossils (usually Orthoceras, an ancient squid from morocco), usually below what you'd pay at a dedicated fossil/mineral store.

Other than that I browse ebay (risky, lot of fakes in the world) and some UK based fossil shops that stock good quality specimens at decent prices (https://charmouthfossils.com is a favourite) The Morocco and Madagascar sections have some amazing display pieces. If there's an ornate trilobite on they're good to snap up, a spiny one can fetch hundreds and over a thousand if it's large, detailed and carefully prepared so it stands out of its matrix. Preparing one with a tiny sandblaster to reveal it from its matrix is an amazing markup and fairly simple, if fiddly.

 

As for Whiskey, if you can get your hands on "Blanton's Single Barrel" you can charge what you want for it to dedicated fans (thirsty for some myself).

Edited by SeymourC

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If you  have the room guitars. Five of the nine hanging in my living room wall are worth more than I bought them for. The last one I flipped quickly cost £9, after I gave it a service and new strings (£5), sold it for £114, and it's not worth that amount. I've been doing it for 15-20 years, and I know what I need to look out for. A JV or SQ (very early made in Japan) Squier could well be up for £120-150, I know I can sell them for £400-600. 

 I did let a 1984 ES-335 go for £1200, bought it for £750. Now if I had kept til now £2250+ but hey

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Posted (edited)
On 01/08/2020 at 10:01, tallthinkev said:

If you  have the room guitars. Five of the nine hanging in my living room wall are worth more than I bought them for. The last one I flipped quickly cost £9, after I gave it a service and new strings (£5), sold it for £114, and it's not worth that amount. I've been doing it for 15-20 years, and I know what I need to look out for. A JV or SQ (very early made in Japan) Squier could well be up for £120-150, I know I can sell them for £400-600. 

 I did let a 1984 ES-335 go for £1200, bought it for £750. Now if I had kept til now £2250+ but hey

This would be of interest, I have always liked guitars. Got a maple strat on my wall already. 
Nowwww. I have a crowbar, where does Eric Clapton live??? ;)

To be fair I would be better at buying guns at auction as the mark up on them can be super high!! Less moving parts on a shotgun thats for sure. 

Edited by Stacktastic

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3 hours ago, Stacktastic said:

This would be of interest, I have always liked guitars. Got a maple strat on my wall already. 
Nowwww. I have a crowbar, where does Eric Clapton live??? ;)

To be fair I would be better at buying guns at auction as the mark up on them can be super high!! Less moving parts on a shotgun thats for sure. 

Moving parts one guitar can be a few as 6

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21 hours ago, tallthinkev said:

Moving parts one guitar can be a few as 6

Actually thinking about it Guns have a lot of moving parts, especially with regards to the trigger. ;)

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On 28/07/2020 at 18:27, AppleZippoandMetronome said:

Lego. Seriously - look into it.

I might do actually I was researching this yesterday and you are correct. 

I dont however want to seining tons of my time at boot fairs or Ebay. I need to find high value items that can be bought low & sold high to yield at least £500 profit per transaction. 

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@SeymourC i had a bottle of blantons single barrel, got it when it was easy to buy and a lot cheaper. Wish i kept it now lol.

@Stacktastic there is a thread on here about collecting whiskey. Really you need to buy and hold. Watches can be a great flip - if you know what you’re doing and can get hold of the sought after models!

In truth though I don’t think there is such thing as an easy, regular £500 to be made on anything easily. Otherwise  everyone would be either doing it or certainly not sharing their secrets on a forum! If you do find something please do share though.

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17 hours ago, AuricGoldfinger said:

 i had a bottle of blantons single barrel, got it when it was easy to buy and a lot cheaper. Wish i kept it now lol.

I've had a few bottles in my time, drank them all, only regret is that I didn't buy more!

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