Top six things to collect to earn you cash
IF YOU'RE trying to work out what to do with those old items you have hidden around your home or garage, why not turn them into cash?
Or, if you enjoy searching out the old, doing a bit of refurbishing and on-selling the items, collectables could become a lucrative money-spinner.
Old items can be turned into new money, if you know what is valuable, what is trending and how to sell it.
But avid collector Jeremy Pollard warned that you need to be aware that collectables cycle.
"Anything early is so collectable but it also depends on the flavour of the year, like children's metal pedal cars are very, very collectable,” Mr Pollard said.
"They went from something you could pick up for a reasonable price, like $20 to $50. Now they can go for $3000 to $4000.”
WHAT'S TRENDING NOW?
1. Cyclopes bikes - circa 1970s.
So popular they are hard to find, as people have started big collections of them.
Actually, Mr Pollard said anything out of the '70s was collectable, including vintage skateboards, Dragster push bikes and surfboards.
2. Cars - GT Falcon and Monaros
These cars were sold for about $3500 when they first came out. Now they can go for up to $500,000 and they don't need to be in mint condition.
Everyone loves barn finds, even if it's rusty and covered in dust. Mr Pollard said sometimes it could make it more valuable, as it was original.
Mr Pollard currently has a 1952 Cadillac, a '30s Willys Roadster, a 1948 Bedford ute, an Austin Healy Sprite in his garage, all of them "on the build”.
He also has on the go a 1959 Corvette and a 1930 Essex Roadster, which is "very fast, very low and very loud”.
3. Baked enamel signs
These are very popular but be wary of what you buy as there are a lot reproductions around that look original.
4. Vinyl records
They have made a huge resurgence. There are even shops popping up that only sell vinyl records.
These knitted toys, previously called golliwogs, are still popular, with a lot of sentimental value attached.
6. Coin-operated rides
The machines are very hard to find, Mr Pollard said. He has owned many of them over the years and still has two left in his garage, including an early Australian kangaroo ride.
HOW IS AN ITEM VALUED ?
The value is driven by the market and the condition of the item.
"These days originality is huge,” Mr Pollard said.
"The big word is 'patina', which is the original condition, might have a bit of rust and the original paint it came in.
"The other word is 'ratty', particularly for cars.”
To work out an item's value, the best thing to do is go online where just about everything is listed.
"You can compare your items with similar ones to work out what to charge or pay,” he said.
HOW TO BUY AND SELL ITEMS
As there are few true vintage shops around, most collectors attend swap meets and go online.
After spending years burning fuel driving long distances to check out a possible collectable, nowadays you do it from your lounge room using the internet.
Mr Pollard said eBay was the most popular but you do have to pay a fee to sell and often items were up for bidding, not just for sale.
Gumtree was another website he used, which was free and worked on a set price.
IT'S IN ALL OF US
Preserving history is what keeps Mr Pollard collecting.
"Growing up in a particular era, you always relate to certain items and often not being able to afford some things then, you dream of owning one,” he said.
"I think all of us have some sort of collector in us and everyone collects something different.
"My wife keeps telling me to stop bringing projects home and I think I am getting to that point. I am starting to take her advice, a little bit.”