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

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.

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

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                      Nabin Paudyal

                      Co-Founder, Siplikan Media Group

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                      Published on November 20, 2018

                      The Best Ways to Save Money Even Impulsive Spenders Can Get Behind

                      The Best Ways to Save Money Even Impulsive Spenders Can Get Behind

                      The truth is, there are many “money saving guides” online, but most don’t cover the root issue for not saving.

                      Once I’d discovered a few key factors that allowed me to save 10k in one year, I realized why most articles couldn’t help me. The problem is that even with the right strategies you can still fail to save money. You need to have the right systems in place and the right mindset.

                      In this guide, I’ll cover the best ways to save money — practical yet powerful steps you can take to start saving more. It won’t be easy but with hard work, I’m confident you’ll be able to save more money–even if you’re an impulsive spender.

                      Why Your Past Prevents You from Saving Money

                      Are you constantly thinking about your financial mistakes?

                      If so, these thoughts are holding you back from saving.

                      I get it, you wish you could go back in time to avoid your financial downfalls. But dwelling over your past will only rob you from your future. Instead, reflect on your mistakes and ask yourself what lessons you can learn from them.

                      It wasn’t easy for me to accept that I had accumulated thousands of dollars in credit card debt. Once I did, I started heading in the right direction. Embrace your past failures and use them as an opportunity to set new financial goals.

                      For example, after accepting that you’re thousands of dollars in debt create a plan to be debt free in a year or two. This way when you’ll be at peace even when you get negative thoughts about your finances. Now you can focus more time on saving and less on your past financial mistakes.

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                      How to Effortlessly Track Your Spending

                      Stop manually tracking your spending.

                      Leverage powerful analytic tools such as Personal Capital and these money management apps to do the work for you. This tool has worked for me and has kept me motivated to why I’m saving in the first place. Once you login to your Personal Capital dashboard, you’re able to view your net worth.

                      When I’d first signed up with Personal Capital, I had a negative net worth, but this motivated me to save more. With this tool, you can also view your spending patterns, expenses, and how much money you’re saving.

                      Use your net worth as your north star to saving more. Whenever you experience financial setbacks, view how far you’ve come along. Saving money is only half the battle, being consistent is the other half.

                      The Truth on Why You Keep Failing

                      Saving money isn’t sexy. If it was, wouldn’t everyone be doing it?

                      Some people are natural savers, but most are impulsive spenders. Instead of denying that you’re an impulsive spender, embrace it.

                      Don’t try to save 60 to 70% of your income if this means you’ll live a miserable life. Saving money isn’t a race but a marathon. You’re saving for retirement and for large purchases.

                      If you’re currently having a hard time saving, start spending more money on nice things. This may sound counterintuitive but hear me out. Wouldn’t it be better to save $200 each month for 12 months instead of $500 for 3 months?

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                      Most people run into trouble because they create budgets that set them up for failure. This system won’t work for those who are frugal, but chances are they don’t need help saving. This system is for those who can’t save money and need to be rewarded for their hard work.

                      Only because you’re buying nice things doesn’t mean that you’ll save less. Here are some rules you should have in place:

                      1. Save more than 50% of your available money (after expenses)
                      2. Only buy nice things after saving
                      3. Automate your savings with automatic bank transfers

                      These are the same rules that helped me save thousands each year while buying the latest iPhone. Focus only on items that are important to you. Remember, you can afford anything but not everything.

                      How to Foolproof Yourself out of Debt

                      Personal finance is a game. On one end, you’re earning money; and on the to other, you’re saving. But what ends up counting in the end isn’t how much you earn but how much you save. Research shows that about 60% of Americans spend more than they save.[1]

                      So how can you separate yourself from the 60%?

                      By not accumulating more debt. This way you’ll have more money to save and avoid having more financial obligations. A great way to stop accumulating debt is using cash to pay for all your transactions.

                      This will be challenging, depending on how reliant you are with your credit card, but it’s worth the effort. Not only will you stop accruing debt, but you’ll also be more conscious with what you buy.

                      For example, you’ll think twice about purchasing a new $200 headphone despite having the cash to buy them. According to a poll conducted by The CreditCards.com, 5 out of 6 Americans are impulsive spenders.[2]

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                      Telling yourself that you’ll have the discipline to not buy things won’t cut it. This is equal to having junk food in your fridge while trying to eat healthy–it’s only a matter of time before you slip. By using cash to make your purchases, you’ll spend less and save more.

                      A Proven Formula to Skyrocket Your Savings

                      Having proven systems in place to help you save more is important, but they’re not the best way to save money.

                      You can search for dozens of ways to save money, but there’ll always be a limit. Instead of spending the majority of your effort saving, look for ways to increase your income. The truth is that once you have the right systems in place, saving is easy.

                      What’s challenging is earning more money. There are many routes you can take to achieve this. For example, you can work long and hard at your current job to earn a raise. But there’s one problem–you’re depending on someone else to give you a raise.

                      Your company will have to have the budget, and you’ll have to know how to toot your own horn to get this raise. This isn’t to say that earning a raise is impossible, but things are better when you’re in control right? That’s why building a side-hustle is the best way to increase your income.

                      Think of your side-hustle as a part-time job doing something you enjoy. You can sell items on eBay for a profit, or design websites for small businesses. Building a side-hustle will be on the hardest things you’ll do, be too stubborn to quit.

                      During the early stages, you won’t be making money and that’s okay. Since you already have a source of income, you won’t be dependent on your side-hustle to pay for your expenses. Depending on how much time you invest in your side-hustle, it can one day replace your current income.

                      Whatever route you take, focus more on earning and save as much as possible. You have more control than you give yourself credit for.

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                      Transform Yourself into a Saving Money Machine

                      Saving money isn’t complicated but it’s one of the hardest things you’ll do.

                      By learning from your mistakes and rewarding yourself after saving you’ll save more. What would you do with an extra $200 or $500 each month? To some, this is life-changing money that can improve the quality of their lives.

                      The truth is saving money is an art. Save too much and you’ll quit, but save too little and you’ll pay for the consequences in the future. Saving money takes effort and having the right systems in place.

                      Imagine if you’d started saving an extra $100 this next month? Or, saved $20K in one year? Although it’s hard to imagine, this can be your reality if you follow the principles covered in this guide.

                      Take a moment to brainstorm which goals you’d be able to reach if you had extra money each month. Use these goals as motivation to help you stay on track on your journey to saving more. If I was able to save thousands of dollars with little guidance, imagine what you’ll be able to do.

                      What are you waiting for? Go and start saving money, the sky is your limit.

                      Featured photo credit: rawpixel via unsplash.com

                      Reference

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