There are various reasons why someone is a collector. Some search for years to perfectly complete their collections, while others search for great investments that can help them grow their portfolio in the future. If you’re the latter option, then you should avoid the top worst collectibles to invest in. These items have lost a lot of value over the years, or the market is just oversaturated with these items. Want to learn about the top five worst collectibles? Then keep reading.
5. Hummel Figurines
Several dolls and figurines are worth thousands upon thousands of dollars. But unfortunately, when it comes to the Hummel Figurines, that value just isn’t there. The charming porcelain figures were once highly sought after, but over the years, the market just became oversaturated. Because of this, their value plummeted, making them a poor investment choice.
4. Thomas Kinkade Paintings
Thomas Kinkade, self-proclaimed “Painter of Light”, was one of the most prolific and financially successful artists of the late 20th century. Back then, the paintings were worth a substantial amount; however, their value quickly diminished once online marketplaces started creeping up. In order to keep his stores open, Kinkade began mass producing, and eventually, collectors started realizing that they didn’t have unique and rare pieces. The value declined quickly and has since been one of the worst collectibles in history.
3. Norman Rockwell Collector Plates
There are a ton of dishwares, china, ceramic, or even porcelain items out there that are worth hundreds to thousands of dollars. But one such collector plate that is pretty much worthless now is the Norman Rockwell collector plate. The renowned artist of the 60s and 70s offered quite a good investment opportunity with his collection; however, the plates just aren’t as worthwhile as they used to be. The value has significantly dropped over the years.
2. Franklin Mint Products
Franklin Mint earned its reputation in the collectible community for its diverse variety of collectible items, including vintage jewelry, coins, dolls, sculptures, and even die-cast vehicles. Unfortunately, the price that collectors have paid to get hold of the items is not worth the investment. If you enjoy collecting them, surely out of your own joy, then they’re that’s fine. But investors have noticed that they are worth far less than their original purchase price, meaning you’re actually going to lose money.
1. Cabbage Patch Kids
Last, and certainly not least, when it comes to the worst collectibles to invest in, are the popular doll series, Cabbage Patch Kids. Xavier Roberts introduced these dolls at a craft fair in the 1970s, and they quickly became popular during the 1980s thanks to Coleco’s purchase of the toy brand. The dolls were so popular that parents fought to get hold of one, and collectors were in for a thrill when they came across valuable ones. However, even with the strong love for them, their value never really increased, as if they were simply forgotten about, making them a poor investment.