Are you looking to put your money into something different and more interesting than stocks or bonds? Consider our list of collectibles that are worth investing money in and that make for great hobbies, too!
Wine
Do you consider yourself an amateur sommelier? Whether you enjoy the fine flavors of a bottle of Dom Pérignon or prefer the value of box wine from the grocery store, there’s a strong market for investment-grade wine.
Wine collection has grown increasingly popular, especially during the pandemic, so the collectible wine market has seen strong growth. Investing in wine has many advantages, as the right bottle can appreciate rapidly. This is due to the high demand but short supply of rare vintage wines.
If you’re unsure where to start, Vinovest is a great online tool for those starting their wine portfolio.
Classic Cars
Many people know a new car is one of the worst financial investments, but classic vehicles are collectibles worth investing money in. One of the reasons to start collecting classic cars is they’re not as expensive as you might think. In fact, many are more affordable than new cars.
As long as you keep the car in quality condition, its value will appreciate as it grows older and rarer. Plus, who doesn’t love to own and drive a beautiful classic car from days past?
Fine Art
Fine art is one of the oldest and most reliable collectible markets in human history. Since we started making art, people have collected it as a financial commodity, and the fine art market is as strong today as ever.
In particular, the contemporary art market has blown up in value in recent years. Fortunately, contemporary fine art is relatively easy to store and maintain compared to other collectibles. Plus, you can hang it in your home as decor until you decide to sell it.
Sports Memorabilia
Sports memorabilia, particularly trading cards, has exploded in popularity since the pandemic. Sports trading cards alone are a billion-dollar industry, and that doesn’t include other memorabilia, such as the following:
- Game-worn gear and equipment
- Jerseys
- Footwear
- Balls
- Signed photographs
- Vintage posters & programs
Sports bring out passion in people, which creates avid collectors and a strong market for buyers. However, there’s always a strong supply of memorabilia since there are so many sports, so you’ll want to be selective.
Coins
Do you have an old coin collection you started as a kid or got from older relatives? You could be sitting on a gold mine if you have some rare coins in that dusty collection!
Since governments started minting coins, they’ve been stable and profitable collections if done wisely. If you’re starting a new collection, search for commemorative and historically relevant coins, as they’re the most sought-after.
These collectibles may be fun to collect, but they’re also an investment. Be as selective and careful with your money, as you would if you were buying something like stocks.