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10 Relatively Old Things That People Would Pay an Arm and a Leg For

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10 Relatively Old Things That People Would Pay an Arm and a Leg For

The general trend is that along with the passage of time, the value of goods undergoes depreciation. The item is not much of use, any potential buyer is hard to come by and there’s not much of resale value. So longstanding possessions are more often than not discarded and sellers are more than happy to get rid of that old junk. Although this is the general trend, the value of certain items rises tremendously after a certain period, significantly more than their original worth, even when adjusted for inflation. This is when they become collectors’ items and are highly sought after because of their uniqueness, historical importance and sometimes even some mistakes.

Below, here are ten of such most valuable collectibles, for which people are ready to break their banks.

1. Action Comics No.1

action-comics

    The first issue of the Action Comics series, the Action Comics #1 is the most valuable comic of all time and among the most valuable collectibles across all genres. It spawned several famous comic heroes, especially Superman. It holds important place in comics history as it led to the emergence of the superhero genre. The comic book, created by Jerry Siegel and Joe Shuster, was published for the first time in June 1938. The original price of the book was 10 cents, but when it was auctioned on August 24, 2014, the owners of Metropolis Collections paid a massive sum of $3.2 million.

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    2. The Piano from Casablanca

    Casablanca-piano

      Starring Humphrey Bogart and Ingrid Bergman, Casablanca is a Michael Curtiz classic from 1942. Two identical pianos were used in this tuneful film. Of those two, one resides at the Warner Bros Studio in California and thus is unavailable for any massive sale at the moment. However, the other one is out on the market and is a highly desired collectible especially amongst film enthusiasts. It was sold for $602,500 in 2012.

      3. The Gutenberg Bible

      gutenberg-bible

        The Gutenberg Bible was written in Latin and printed in the 1950s using the Gutenberg’s printing press. It was a 42-line Bible. It was the first book to be printed in the West using movable type. It was printed in Mainz, Germany by the inventor of the printing press Johannes Gutenberg. The original price is known to be 30 florins, which was about three years’ clerk wages back then. It is estimated that around 48 copies of the book have survived in fragments or totality. They can be expected to cash in between 20,000 and 100,000 dollars.

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        4. 105 Year Old Master of Malt

        master-of-malt

          The only item of its kind, the 105 year old Master of Malt carries a whopping price tag of 1.4 million dollars. It is the oldest and second-most expensive whiskey in the world. The story of the whiskey, since its inception, is as remarkable as its price. Around 105 years ago, a terrible fire destroyed the Aisla T’Orten distillery, which had operated just for a day. Only one ceremonial barrel survived the disaster. After spending most of the time in Aberdeen, the then owner Allie Sisell sold the cask to Master of Malt in 2010. In the March of 2011, the 105 years old spirit amounting to 700 ml was bottled by Master of Malt and set at the enormous price.

          5. The Star Spangled Banner Original Sheet Music

          star-spangled-banner

            Heralded as one of the most tuneful and stirring national anthems across the globe, the US national anthem “The Star Spangled Banner” is the part of a poem written in 1814 by Francis Scott Key. In December, 2010, the only privately owned copy of the famed sheet music was auctioned at Christie’s for the staggering sum of 506,000 dollars. Eleven first-edition copies of this nationalistic tune were created. The remaining ten copies are present under organizational possession. Once, unfamiliar of its identity, the possessor at the time had sold it for just a dollar.

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            6. Treskilling Yellow Stamp

            treskilling-stamp

              The “Treskilling Yellow” holds several records. It isthe world’s most valuable stamp and also the most expensive item per weight. It was issued in 1955, the time when Sweden issued stamps for the first time. The postage stamps were issued in five different values from three Swedish skillings to twenty-four Swedish skillings with different colors for each of them. The three skilling ones were printed in blue-green while eight skilling ones were printed in yellowish orange. For some reason, some of the three skilling stamps were printed in wrong color. Only one copy of the item has been discovered and thus the piece auctioned for whopping $2.3 million is as exclusive as it can get.

              7. William Shakespeare Autograph

              shakespeare-autograph

                William Shakespeare is arguably the greatest writer of not only English language but of them all. His autograph is the most expensive autograph in the world and one of the most valuable collectibles of its kind. Only six copies of Shakespeare’s autograph are known to be in existence now. Three of those are linked to his will while the other three have been linked to the deeds of his house. These autographs are the only available handwritings of Shakespeare as manuscripts written by him have never been known. The autographs are believed to fetch anything between 3 and 5 million U.S. dollars although they’ve never been sold at auction, as of now.

                8. The Golden Giant Necklace

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                golden-giant

                  Antique jewelries are one of the most valuable collectibles, sought after by the collectors. People travel extensively searching for valuable and unique pieces of jewelries. As stated on the site Georgian Jewelry, Lisa Stockhammer traveled all over the world to become a jewelry expert. Even if you become an expert, you still might not find that one-piece of unique jewelry. The person who discovered the diamond piece of world’s largest diamond necklace happened to do it by virtue of supreme luck. The glittering rose gold necklace is valued at $55 million. The staple piece of the magnificent necklace, the ‘Golden Giant’ diamond is comprised of more than 407 carats and was discovered by a young girl in the Democratic Republic of Congo some thirty years ago.

                  9. ‘Lady Blunt’ Stradivarius Violin
                  lady-blunt-violin

                    ‘Lady Blunt’ Stradivarius is the most expensive musical instrument in the world now. This iconic violin was made by Italian craftsman Antonio Stradivari in 1721. It has been named after the first known owner Lady Anne Blunt, who was the daughter of Lady Augusta Ada of Lovelace. It is one of the two Stradivarius violins present now, the other being 1716’s Messiah Stradivarius. It was sold on 20th June, 2011 at online auction by Tarisio Auctions for $15.9 million, with the proceeds going to Earthquake and Tsunami Relief Fund in Northeastern Japan. It has almost forever been in the collectors’ hands and as such, hasn’t been used of much. So it’s in near original state.

                    10. The Card Players

                    the-card-players

                      250 million dollars shelled out for one of Paul Cezanne’s infamous painting ‘The Card Players’ make it the most expensive work of art ever sold and one of the most valuable collectibles. ‘The Card Players’ was a series of oil paintings by French Post-Impressionist artist Cezanne made in the early 1890s. Five paintings are known to have existed in the series, the paintings varying in size and number of players depicted. One painting of that series is the one holding the record after being bought by Royal Family of Qatar in 2011.

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                      Featured photo credit: Columbian Issue via en.wikipedia.org

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                      Last Updated on July 20, 2021

                      Financial Freedom is Not a Fantasy: 9 Secrets to Get You There

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                      Financial Freedom is Not a Fantasy: 9 Secrets to Get You There

                      Have you ever considered your life now, and how it would be if you had more time to spend with your family and less worries about money?

                      Nowadays, financial stress is one of the most troublesome weights in life. If you’ve ever encountered financial stress, you know the difficulty of not having enough income to pay your obligations or bills.

                      Many people say that money is not the ultimate goal of life. While that’s true, money certainly plays a very significant role. The meaning of financial freedom changes with the different phases of our life, but ultimately, it is something that many people strive for.

                      In this article, we’ll explain how to capture that financial freedom you’ve been looking for. Read on to learn the secrets to financial freedom.

                      Break Free of Your Finances

                      Financial freedom is about having a constant flow of cash from your assets to cover all your regular needs.

                      When you are not worried about your income, or living paycheck to paycheck, you gain a great sense of freedom. It’s the freedom to be obtain and do what you truly need to make your way through everyday life.

                      Gaining financial freedom, though, is a process of growth, making small improvements and gaining emotional strength.

                      Though it seems hard to believe, it is really very simple to get financial freedom.

                      To do so, you simply need to make sure that your assets exceed your liabilities. In other words, you’ll need to find the sweet-spot where your residuals meet or surpass your expenses. This is something that you can achieve with the proper plan.

                      While not every person will accomplish financial freedom, the potential for anyone to do so is certainly there. Anyone can achieve this success, regardless of their income level.

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                      Outlined below are 9 secrets that will help you in your goals of achieving financial freedom.

                      1. Stop Unnecessary Spending

                      We often spend money inwardly, instead of objectively.

                      For example, you may spend when you’re anxious, depressed, restless, exhausted, from fear of missing out, or to please others. This is a very unhealthy way to handle your finances.

                      To stop this habitual spending, log down all your spending over the course of a month.

                      Just as some people keep a food diary, keep an expense diary. Remember not to just write down how much and what you spent the money on, also include the circumstances of why you spent the money. Was it an impulse buy at the checkout line or was it something you planned to purchase?

                      This increased self-awareness could enable you to avoid triggering situations in the future when you are considering an impulse buy.

                      2. Plan a Monthly Budget

                      This is a great opportunity to get serious.

                      Take a seat with your spouse or partner and make a monthly budget based on your income, not your expenses. You are never again going to spend more cash then you have on hand.

                      Overspending is the thing that led you to more financial obligations. Make sure you decide every month what is coming in and what will be going out and stick to that budget… no matter what.

                      3. Cut-up Credit Cards

                      Perhaps you are the type of person who always pays your credit card balance in full before the end of your billing cycle, and enjoys the reward points you gain. If this is the case, then you’re already way ahead of the game.

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                      If not, you may want to consider ridding your life of the burden that credit cards bring.

                      Many cards have strategies set up so that if you make a certain number of late payments, they will raise your interest rate much higher. This can really add up in the long run and you won’t be doing your financial situation any favors. If you’re prone to late payments or have a large balance due on your cards, cut them up!

                      Without proper self control on credit card spending and payments, you are basically throwing your money away. To ensure that you have better control over your spending, use only cash or debit for all future purchases (and don’t forget to pay at least your minimum payment on your cut-up cards each month!).

                      4. Increase Savings

                      There is no doubt that for a comfortable retirement you must accumulate satisfactory savings throughout your working life.

                      It’s good practice to save up to 15% of your income.

                      Start with your workplace 401(k), if you have one. If not, a Roth IRA (if you are eligible) or a traditional IRA (if you are not eligible for the Roth) are the next logical steps.

                      Increase in longevity means you might be able to look forward to 25 to 30 years in retirement, or possibly even significantly more. Investing now in good retirement plans will ensure that you have a guaranteed a stable monthly income when the time comes to stop working. [1]

                      5. Invest Wisely

                      Consider investing in funds.

                      Specifically, you will gain higher returns if you invest in different types of mutual funds such as Debt funds, Equity funds and Hybrid funds with a proper balance, although it absolutely relies on your personal preferences and sense of risk taking.

                      To get the most of these benefits, make sure you are investing in a variety of assets. Another resource of investing in mutual funds is SIP (Systematic Investment Plan) where you invest some money every month in funds. SIP works by averaging the per unit price of the stock.

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                      Mutual fund investors are aware of the benefits of an SIP (Systematic Investment Plan). For one, it is the most secure way to invest in equity mutual plans so that wealth is created over a long period of time. This plan also helps you to gain a better sense of financial discipline, which will come in handy in all your financial endeavors.

                      6. Invest in Gold

                      There isn’t really a better way to invest in gold than to have the physical gold itself in your possession.

                      You can purchase gold coins and bars from mints as well as from coin dealers and other private sellers.

                      Another way to invest in gold is through ETFs (Exchange Traded Funds).

                      These are is similar to mutual funds but they are exclusively investments of gold. ETFs are great because they offer more liquidity; the ETF owns the actual physical gold, stores it, and retains the value of the shares. These shares can then be bought and sold in the stock market, and one big benefit is that the transaction costs of gold ETFs are much lower than the that of physical gold.

                      With its consistently-increasing demand, investment in gold can be very wise long-term investment to make.

                      7. Stash Emergency Funds

                      Whether it’s a cash gift or a work bonus, always try to save any extra money that comes your way rather than making unneeded purchases.

                      If you get paid every other week, you’ll get an “extra” paycheck (three rather than the usual two) twice a year. Either save those paychecks towards your emergency funds or utilize the money to pay down other obligations, such as loans, credit cards or other debts.

                      Make it hard to get your cash.

                      Put your savings in an alternate bank, maybe an online bank that forces you to delay for several business days before transferred money hits your regular bank account.

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                      8. Find Fabulous Mentors

                      Find a mentor, such as a friend or family member, who has exceptional control over their finances and pay attention to everything they do.

                      If you do not have any friends or family that are enjoying financial freedom, then find a mentor online! There are numerous blogs and guru websites featuring the advice of many people who have reached financial freedom, and they exist primarily to let you in on how to achieve it for yourself.

                      There are also plentiful forums available that share tips and tricks on how to best achieve financial freedom. Read as much as you can and start changing your habits for the better.

                      9. Be Extra Patient

                      Patience is the key of financial success.

                      Being patient can be quite tough, especially when you’re struggling with your finances, but having faith is worth it. You’ll continuously be on the right track if you are taking the proper steps above.

                      So don’t be discouraged, even if you are only saving a few dollars a month; it all adds up. Within just a few years you’ll look back proudly at your accomplishments and be glad that you had the patience to get there.

                      Financial Freedom for All

                      Anyone can achieve financial freedom, regardless of their financial circumstance.

                      Use the tips provided above to get yourself on the track to financial freedom and toss your monetary concerns out the window. If you wish to achieve a life with financial freedom for yourself and your family then you must adopt a disciplined approach towards your finances.

                      Following the simple secrets above is a great start to making your money work for you, so you can work less and live more!

                      Featured photo credit: rawpixel via unsplash.com

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                      Reference

                      [1] Hartford Gold Group: IRA Retirement Accounts

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