It has long been suspected that there is a great deal of money to be made in iconic and vintage toys. Most of us abused our toys and did really worry too much about their future value, but some people did, and were very careful with theirs. You might say that toys are made to be played with, but with news that vintage toys prices are reaching record levels, its hard not to wish you kept a few aside just to look at.

Vectis, one of the biggest toy auction specialists have released figures that show a seven percent increase in the price of vintage toys last year. Despite the current economic climate, more than $10mil was spent at auction last year and this does not account for private sales. According to Vectis the most expensive items to go under the hammer where Victorian rocking horses, vintage Hornby train sets and a couple of Georgian dolls houses. Vectis have stated that their research tells them that over 80% of the item entered for auction had been inherited from relatives.

Jake Fenchurch of the Society For Antique Toys has given his suggests regarding the occurance of the record prices. He argues that there is a serious lack of hand-crafted quality toys being made these days, and instead companies are opting for cheaper, mass-produced items.This means that the traditional products such as tin and wooden toys are becoming even rarer and thus more valuable. Don’t get carried away though he advises.In this growing market you should be patient as there is a great deal of upwards movement still to come.So the advice for now is hang on to those old rag dolls, Steiff bears and vintage toy car collection because there is more money to be made from them yet

 Mail this postStumbleUpon It!

Technorati Tags: , , , ,

Like this post? Subscribe to my RSS feed and get loads more!