by John Kula
In a suburb of Seattle, a man stops off for bread and milk on his way home
from work. He’s excited about his purchases. “This is awesome,” said MH, 46, lovingly holding his purchases. “I’ve
finally got the full run of the Wonder Bread NFL Legends bags. And this jug of milk has a red dot on the cap, which
means it’s a first-run factory proof.”
In Des Moines, 34-year-old JT buys a bucket of Dutch Boy interior
paint. She’s not planning to do any home redecorating though. “This is the semi-gloss
latex,” JT said. “Dutch Boy only made 12,500 of these in eggshell white
this year. This one’s definitely going straight into the display cabinet.”
According to a report by the North American Collector’s Association,
every single thing currently manufactured is officially categorized as a collectible.
“It used to be that only certain specially noteworthy or rare items like Fantastic
Four #1 or a 1952 Topps Mickey Mantle card were considered valuable collectors’
items. That’s no longer the case,” NACA president Bob Gunther said. “If you have
any objects of any kind in your home, in your garage, or on the floor of your car,
don’t throw them away. They could be worth big money someday. In fact they’re
probably worth a lot of money now.”
Do you have a Taco Bell “Defeat The Dark Side ... And Win!” cardboard
playing piece from the restaurant’s 1999 sweepstakes for Star Wars: Episode I
lying around somewhere? Chances are you do, because more than 80 million of
them were made. But don’t throw it out: according to the March issue of Game-Piece
Buyer’s Guide, it’s worth $295.
What about those free postcards handed out at record stores promoting bands
nobody’s ever heard of and who were dropped from their labels weeks after
their debut releases flopped? They’re netting big money on eBay. And anything
put out before 1980 — whether a toy, a set of flatware, or even an unopened roll
of toilet paper found in a back cupboard of your grandfather’s RV — is a bona
fide antique worth anywhere from $100 to millions.
“See, normally things that fall
into the category of plentiful undesirable junk would be worthless, simply due to
the laws of supply and demand,” said Fred Franks, a NJ dealer specializing in
1970s-era sponges. “But nobody wants to sell what they collect, anyway. They
just want to keep it and hoard it because it’s so valuable. So, in this business,
we’re not talking about demand anymore, just supply, and lots of it. This has caused
the value of even mundane, everyday objects to go through the roof. See this lint on my jacket here? That’s at least
nine bucks worth of lint there. I have Internet quotes to prove it.”
Manufacturers have caught on to the trend, releasing mundane products
such as cigarettes, beer, and snack chips in special collectors’ platinum editions at
marked-up prices. As collector mania spreads, even items like floor polish,
paper plates and rubber bands are becoming prohibitively expensive for many Americans.
Rarity, once a prerequisite for an item to have collector’s value, is no
longer relevant. An early sign of this shift occurred in the early 1990s, when Marvel
Comics encouraged fans to pre-order multiple copies of the much-hyped Todd
McFarlane’s Spider-Man #1 because of the book’s anticipated collectors’ value.
The issue sold more copies than any comic book in history, but fans still
hoarded multiple copies in special dust-proof mylar bags, in part because of its
unique status as the least rare comic book ever.
“Rarity is nothing. Do you have any idea how many Beanie Babies are out there?” asked Barbara Mason, editor of
Beanie Baby Illustrated. “Let’s put it this way. There are approximately twice as
many Scoop The Pelican Beanie Babies on the planet Earth than there are actual
pelicans. And they’re worth more, too.”
Age, once the other major determining factor in an item’s worth, is no longer important either. Items used to only get
valuable over long periods of time. Not so anymore, says TransUniverse Collectibles, makers of the official Star
Trek: Voyager Officers’ Club individually wrapped toothpick assortment, which retails for $79.95 and is sold directly to
collectors. “Old? Are you kidding? Everything we sell here at TransUniverse goes straight to collectors with no
middlemen the day we make it, because these Trekkie types insist on buying the first day they’re out,” Trans Universe co-founder
Wayne Spoerl said. “We don’t need to wait for it to become a collector’s item over time — we just print the words Collector’s Item right on
the package. They’re valuable because we only make a limited run of, say, 500,000. Okay, more, but still.”
With everything on the planet officially collectible, collectors have more items to choose from than ever. Objects
such as plastic twist ties from speaker-wire packaging, the tin-foil lining of chewing-gum wrappers, and the little
rubbery residue left in magazines when attachments are removed have all jumped sharply in value—and investors see no
signs of a slowdown. “I just sold some guy 3,000 gallons of factory runoff from a waste-processing plant in central
Illinois,” said collectibles dealer Gary Hammond of Louisville KY. “The government tried unsuccessfully to get
the stuff zoned for burial in three states, but now it’s in this guy’s basement in a
glass case. Why? Because it was banned in three states, so now it’s collectible.
That’s the beauty of this business—even stuff that absolutely nobody wants,
somebody wants.”
(It’s a hoax -ed)
|