Advertising
Advertising

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.

    Advertising

    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.

        Advertising

        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.

            Advertising

            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

                Advertising

                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

                      More by this author

                      Nabin Paudyal

                      Co-Founder, Siplikan Media Group

                      Benefits of Sauna: 8 Ways It Makes You Healthier and Happier 25 Websites Other Than Social Media To Upgrade Your Life Think That Positive Mantras Help a Lot? Try Value Affirmation Instead 6 Successful Entrepreneurs Who Struggle Through Dyslexia Every Family Has Its Problems, This Is How Some Stick Together No Matter What

                      Trending in Money

                      1 How Personal Finance Software Helps You Get More Out of Your Money 2 The Best Ways to Save Money Even Impulsive Spenders Can Get Behind 3 How to Answer the Tough Question: What are Your Salary Requirements? 4 The Definitive Guide to Get Out of Debt Fast (And Forever) 5 35 Real Ways to Actually Make Money Online

                      Read Next

                      Advertising
                      Advertising
                      Advertising

                      Last Updated on January 2, 2019

                      How Personal Finance Software Helps You Get More Out of Your Money

                      How Personal Finance Software Helps You Get More Out of Your Money

                      Do you know what mental health experts point to as the biggest cause of stress in the United States today? If you said “money,” then ding, ding, we have a winner!

                      Three out of four adults today report feeling stressed out about money at least part of the time. People are either worried about not having enough money or whether they’re putting the money they do have to use in the best possible way.

                      Your money is either in charge of you or you’re in charge of it, there’s no middle ground. Using some type of personal finance software can help alleviate some of that money stress and better allow you to manage your money effectively. Without it, you may just be setting yourself up for constant financial worry. Life is already tough enough and there’s no need to make it more difficult by simply hoping your money issues will all work out in your favor. Hint: they won’t.

                      This guide will help you to understand how personal finance software can better assist with both accomplishing long term financial goals and managing day-to-day aspects of life.

                      Whether it’s tracking the savings plan for your child’s college fund or making sure you won’t be in the red with the month’s grocery budget, personal finance software keeps all this information in one convenient place.

                      What Exactly is Personal Finance Software?

                      Think of it like the dashboard in your car. You have a speedometer to tell you how fast you’re going, an odometer to tell you how far you’ve traveled, and then other gauges to tell you things like how much gas is in the tank and your engine temperature. Personal finance software is essentially the same thing for your money.

                      When you install this software on your computer, tablet, or smartphone, it helps to track your money — how much is going in, how much is going out, and its growth. Most personal finance software programs will display your budget, spending, investments, bills, savings accounts, and even retirement plans, levels of debt, and credit score.

                      Advertising

                      How It Leads to Financial Improvement

                      It shouldn’t come as a surprise, but people who regularly monitor their finances end up wealthier than those who don’t. When you were a kid, keeping track of all of your money in a porcelain piggy bank was pretty easy. As we get older, though, our money becomes spread out across things like car payments, mortgages, retirement funds, taxes, and other investments and debts. All of these things make keeping track of our money a lot more complicated.

                      Some types of personal finance software can help make things a little less complicated, setting you up to meet financial goals and taking away some of the stress associated with money.

                      Even if you already have a Certified Financial Planner (CFP) some type of personal finance software can be of great benefit. Whereas CFPs focus on the big picture of your money, they don’t handle the day-to-day aspects that determine your overall financial health.

                      It’s also not nearly as complicated as you might think and can take out a lot of the tedium that comes with doing everything on an Excel spreadsheet or with a pad and pencil.

                      Types of Personal Finance Software

                      When it comes to personal finance software, it generally fits into two categories: tax preparation and money management.

                      Tax preparation software such as Turbo Tax and H&R Block’s software can help with everything from filing income taxes to IRS rules and regulations and even estate plans. Plus, there’s the benefit of filing online and getting your refund check a lot faster than if you were to mail off your forms after waiting in line at the post office.

                      For the purpose of this article, however, will be focusing more on the personal finance software that aids with money management.

                      Advertising

                      Money management personal finance software will help you to see the health of your cash flow, pay down debt, forecast for expenses and savings, track investments, pay bills, and do a host of other things that 30 years ago would have practically required a team of accountants.

                      When to Use Personal Finance Software

                      So far we’ve gone over what exactly personal finance software is and how it can be a benefit to your money. The next logical step in this whole equation is determining when it should be used and how is the best way to go about getting started using it.

                      Below are four of the most common and practical ways to use personal finance software. If all or any of these apply to you and your money, then downloading some type of personal finance software is going to be a smart move.

                      1. You Have Multiple Accounts

                      There’s a good chance that when it comes to your money, it’s in more than one place. Sure, you probably have a checking account, but you may also have a savings account, money market account, and retirement accounts such as an IRA or 401k.

                      If you’re like the average American, you probably have two to three credit cards as well. Fifty percent of Americans also don’t have loyalty to just one bank and spread their money across multiple banks.

                      Rather than spending hours typing in every detail of every account you have into a spreadsheet, many programs allow you to easily import your account information. This will help to eliminate any mistakes and give you a bird’s eye view of everything at once.

                      2. You Want to Automate Some or All of Your Payments

                      Please don’t say that you’re still writing out paper checks and dropping each bill in the mailbox. While it’s noble that you’re doing your part to keep postal workers employed, we’re 18 years into the 21st century and you can literally pay every bill online now.

                      Advertising

                      There’s no need to log into every account you have and type in your routing number either.

                      With personal finance software you can schedule automatic payments and transfers between all of your imported accounts. Automatic transfers will help to make sure you have the necessary funds in the right account to ensure all bills are paid on the appropriate date. Late fees are annoying and do nothing but cost you money. It’s time that you said goodbye to them once and for all.

                      3. You Need to Streamline Your Budget

                      Perhaps the best feature of personal finance software is that it allows you track everything going in and out of your virtual wallet.

                      Nearly every brand of personal finance software out there has easy-to-read graphs and charts that allow you track every cent you spend or earn, should you choose. You might be pretty amazed when you see just how much you spent on eating out last month or if you splurged a little more than you should have on Christmas gifts last year.

                      Every successful business on the planet has a budget and using personal finance software can help you trim the fat on your spending in ways that affect your everyday life.

                      4. You Have Specific Goals to Meet

                      Maybe it’s paying off debt or saving for up something like a European vacation. Whatever your financial goal is, whether it’s long-term or short-term, personal finance software programs are one of the savviest ways to go about reaching those goals.

                      You can do everything from set spending alerts to notify you when you’re over budget to automating what percentage of your paycheck goes to things like retirement investments. The personal finance software that you choose should show you exactly how close you are to hitting those goals at any given time.

                      Advertising

                      How to Get Started

                      From AceMoney to Mint and Quicken, there ’s no shortage of personal finance software apps out there. Many of these programs are free to download and will allow you to pay bills, invest, monitor your net worth and credit profile, and even get a loan with the swipe of a finger.

                      Other programs may only offer you limited services and will require a one-time fee or subscription to unlock all that they offer. These fees can often vary from as little as two dollars to 50 bucks a month.

                      It’s best to start off with the free version and then gauge whether you’re able to accomplish everything you’d like or if it’s worth exploring one of the paid options. Often times the subscription programs come with assistance from financial planning and investment experts — so that can be a real benefit.

                      When deciding which personal finance software program to use, it’s also important to look at how many accounts you wish to monitor. Certain programs limit the number of accounts you can add. Be sure that if you have checking, credit card, and investment accounts to monitor, that you choose a service that can monitor them all.

                      Finally, when looking around for the right personal finance software that meets your needs, make sure that you’re comfortable with the program’s interface. It shouldn’t be expected that you recognize every single feature instantly, but if the features don’t seem readable and manageable to you, then you’re not as likely to use it and get the full benefits.

                      Final Thoughts

                      Personal finance software can go a long way in helping you to take control of your money and meeting your financial goals. It’s important to note, however, that some focus more on budgeting and expense tracking while others prioritize investing portfolios and income taxes. Explore several different programs and read reviews to find the one that’s right for you.

                      In this day and age, managing one’s personal finances in a secure manner that allows the user to have a real-time visual representation of their money is easier than ever before. With the numerous applications that are out there — both free and subscription-based — there’s no reason that every person can’t take control of their money and ensure they’re making smart money moves.

                      Featured photo credit: rawpixel via unsplash.com

                      Read Next