My approach to collecting...
Room and money are always an issue, that's for sure. I moved a large portion of my collection into a Westy Storage room this year, and just finished moving into a bigger room in their facility to store the statues and SideShow items I am now collecting. That added expense would be better spent on collectibles, but there's that catch-22 again.
I already had been collecting Star Wars and vintage horror toys, and also added Halloween ephemera (my favorite holiday) to the list, but at least that stuff is mostly flat paper, thank god.
I have begun to focus on some specific areas of interest, but many times a piece will come out that I like alot, so bam, there goes that strategy. So I am trying to a least focus on the size of the items I collect. Eventually I would like to have a big enough room in my house to display alot of the collection (okay, maybe more than one room: cue angry wife here and me pleading), but for now, size of a potential purchase is a consideration point for me.
Another consideration is the cost. I like to think I manage my money fairly well, so while not rich, I have a useable sum that I "invest" in my collection. Now I know that the adage is "to collect your interests, not invest in them" when buying for the heart, but I still also consider what an item costs now, whether it will possibly cost less on the secondary market in the future (will I be able to get it more cheaply?), and what, if any, will the item show in an increase in value in the future (a few years from now, let's say).
None of these points are a deal maker or breaker by themselves, but all of them work together to help me make a sound addition to my collection, including my emotional need for the item in question. There have been many times I have paid an amount for an item that I knew was not worth it, but I simply had to have it. And there have been times where the emotional tag was not so great, so cost and future value played a part in my passing the item up. I am at a point in my collecting (been doing it since the 70's) that I only remove an item from my collection if it is no longer in my focus, which is now pretty rare. I like knowing that a collectible is worth more than I paid for it (ego thing), but I have never sold an item because of that.
At this stage, I am glad to hear that this is a common issue, especially in today's marketplace, where alot of wonderful collectable things are being produced. While I do not fault any dealer/producer for the increasing cost of acquiring a collectible, I do question how the initial purchase price is derived. Yes, SS is increasing the price of their offerings incrementally, but costs for producing those items, especially in limited quantities, has gone up also. I also think SS is watching the secondary market to see the sustained/increased/decreased values on their releases, in order to adjust their profitability margin on the initial purchase price. After all, it is a business, too.
So, bottom line, we're doomed
, but in a good way...
John
https://zomboscloset.blogspot.com