Toys Can Make You Some Serious Money

Friday, January 29th, 2010 at 4:56 am

It has long been suspected that there is a great deal of money to be made in iconic and vintage toys. Whist most of us were bashing our toy cars against walls or throwing are action men out of the window, there were a select few who kept their toys neatly in their boxes. Whilst arguably we had more fun, the collectors have had the last laugh as antique toy prices reach an all time high.

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. Even though you might think people would be watching their spending right now, toy sales at action reached a whopping mil last year. 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. Most of the toys that were put up for auction last year had either been inherited or found in a dusty corner of someone’s attic according to Vecitis’ research.

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 classic rag dolls, Steiff bears and vintage toy car collection because there is more money to be made from them yet. Also, it’s worth checking the attic or the garage as you just might find a gem you didn’t know you had.