Economic uncertainty has some exploring alternate investments, like vintage toys and collectibles
[anvplayer video=”5115080″ station=”998122″]
As the economy continues to have investors on edge, some are turning to other investments to balance their portfolio, like collectible toys.
This week there’s a vintage toy buying show at Courtyard Bloomington.
“The prices are insanity,” Joel Magee of Toy Scout said. “Let’s say it was rare three years ago when it would go for a $1,000 is going for $10,000 to $15,000 now.”
From baseball cards to comic books to hot wheels cars, financial experts say some want to diversify with collectibles.
“I think people are being pushed into trying to find other ways that they can keep their money safe or maybe grow their money collectibles is an interesting area for sure that people are looking into,” Grant Meyer with GTS Financial said.
Toy experts predict Harry Potter toys will increase in value over the next two decades.