6 Things You Should Know About Collectibles

The stuff in your attic or basement could land you a jackpot.

1. What’s hot. Mid 20th century Modern furniture and decorative items are hugely popular, says Atlanta appraiser Valerie Hale. Funky art, costume jewelry and purses from the 1950s through the 1970s are also in vogue, as are regional pottery and glass. The rarer the item, the more pristine its condition (original packaging is a plus) and the better your documentation (the item’s history, including your proof of ownership), the more money it will bring. Hale says there is little demand for items such as small Hummel figurines, which sold 20 years ago for $150 apiece and now sell for $25 on eBay.

2. Get a ballpark price. Look for comparable items that have sold recently on eBay or LiveAuctioneers.com (see the “auction results database”). Or subscribe to a database of auction-house sales, such as Invaluable ($45 per month) or Prices4Antiques.com ($29.95 for 15 days; $52 for 30 days). Both offer free previews (or you can access them at your public library). Use them, too, to identify auction houses that specialize in your type of item. Collectors and hobbyists can also help you value and sell your stuff. For example, amateur radio clubs often help the families of a “silent key” (a deceased member) find buyers for radios and related gear.

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Patricia Mertz Esswein
Contributing Writer, Kiplinger's Personal Finance
Esswein joined Kiplinger in May 1984 as director of special publications and managing editor of Kiplinger Books. In 2004, she began covering real estate for Kiplinger's Personal Finance, writing about the housing market, buying and selling a home, getting a mortgage, and home improvement. Prior to joining Kiplinger, Esswein wrote and edited for Empire Sports, a monthly magazine covering sports and recreation in upstate New York. She holds a BA degree from Gustavus Adolphus College, in St. Peter, Minn., and an MA in magazine journalism from the S.I. Newhouse School at Syracuse University.