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January 22, 2015

Uh, oh.  That was a mistake!

Ever bought a 'bargain' at a flea market, thrift shop or antique shop
but it turned out to be worth less than you thought?   After reading
today's post, you're going to feel so much better about your oops.

When artist Andy Warhol passed away in 1987 his family and friends discovered that he had amassed a
huge collection of antique and vintage cookie jars.
They included them in his estate auction conducted by Sotheby's Auction House.

The entire collection of jars brought a total of $247,830, most of the jars averaging over $1,900.  Those same cookie jars today are worth about $200 each.  Ouch.

Let's all groan together:  Baseball Cards
Don Mattingly played for the Yankees from 1982 - 1995.
At the time of his retirement his baseball card sold for around
$50.  Today it's worth less than $1.00, as are so many of
the thousands of players who've played in the majors.

In the 1960s, Beatles trading cards with
chewing gum in them were all the craze:
After hanging on to them for over 50 years they're worth about $1.00
today.  You should have just opened them and enjoyed the gum.

Remember the Hummel craze?  In the early 1990s folks were
cleaning out their grandmother's display cases and selling the
figurines from $100 to $5,000 a piece.  According to Kathleen
Guzman, an appraiser for Heritage Auctions, "In today's market,
for a group of 10, an auctioneer will hardly accept $30 for them."

Cabbage Patch Kids Dolls
In the 1980s parents stormed department stores for the intensely
popular dolls and many paid over a thousand dollars to
private sellers for one of the adorable, adoptable cuties.  
eBay Link
Poor little guy - in his original box for 30 years
and never loved.  He's for sale today for $60.

eBay Link
Slightly played with, original box crumpled - $15

eBay Link
Loved and cherished, original clothes, no box - $5

In the late 1920s through the 1940s, prints of French artist Louis
Icart's works sold for as much as $10,000 (factor in inflation and
that's over $140,000 in today's money.)  Today you can
purchase the signed 1932 lithograph, above, for $180.  YIKE$.

So, maybe your oops isn't as serious as some of today's
'bargains.'  (I'm still trying to wrap  my mind around the
Icart $140,000 print.)  Have a great Thursday!


  1. Hey, just curious. How come you don't title your posts?

  2. You can never judge the market, antiques go up as well as down.

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