Whether it is comic books, toys, posters, antiques or anything else that you enjoy; this guide will help you on your collecting journey. Follow these simple tips and your collecting hobby will be much easier.
Step One: Pick Something That You Love!
This sounds like a no brainier, but it’s an important step. I don’t recommend collecting something, because you think you will make money from it. Don’t get me wrong, it’s okay to profit from your hobbies, but it’s important to have your heart in it first.
Step Two: Narrow Down To A Focus!
If you are collecting comic books than you shouldn’t say that I want to collect every Marvel and DC comic book ever created. Instead, pick a character or two that you really like, or only collect artists that you enjoy. The bottom line comes back to my first point; pick something that you love.
Step Three: Understand That Condition Is Everything!
This is true no matter what you collect, so just keep in mind how others in your collecting hobby grade items of similar condition. For comic books I use the Overstreet method, but it’s important to note that this is a skill that takes practice, so do you research. Just keep in mind if it looks like it just got unwrapped or wad freshly taken off a store’s shelf than it will be worth significantly more than if that same item looked badly used. After all, quality is better than quantity.
Step Four: Know Your Editions!
This tip is partially importantly with collecting books, vinyl records and similar things with multiple edition, presses, or versions. One version may be more valuable than the other, so it is important to do you research and not overpay for a wrong edition.
Step Five: Know Your Prices!
If there is something that you have in mind, for intense, a particular comic book, be sure to follow sold prices on eBay. That way you don’t overpay for something you are looking for. Paying too much for a sought after item is one of the worst feelings a collector can have, so it’s critical to know your prices ahead of time. That being said, overpaying is a mistake every collector makes in the beginning, so don’t feel too bad if you have made this mistake before. Just learn from it and move on.
Step Six: Set A Budget!
You can’t collect everything, so set aside some cash for your collecting hobby each pay period. That way you won’t over spend and your collection will grow at a nice rate. After some time of doing this you will have a respectable collection.
Step Seven: Don’t Be Tempted to Sell Early!
Don’t sell part of your collecting just because it has increased in value. I know that this is a mistake that I have made a few times. That being said, if you truly love what you collect try to hold onto it and don’t sell it unless you really need to.
Step Eight: Follow blogs, and Other Websites With Similar Niches!
These sites will have the latest updates on new releases and trendy product, so by following these types of sites you can be ahead of the curve.
Step Nine: Use Social Media Like Twitter!
Be active on Twitter and follow people and companies with similar interest. For example, if you are collecting Funko Pops be sure to follow Funko and other users who frequently tweet about this topic.
Step Ten: Shop At Fee Markets, Thrift Stores, Used Book Stores and Garage Sales!
It’s important to know your prices at these places. If you do know your prices you could find a hidden gem or something being sold for under it’s online market. For Example, I found Mission Impossible for N64 at a used book store with box and manuals for half the going rate on eBay. Just keep in mind that these type of places are hit or misses when it comes down to finding something super worth wild.
Conclusion: No matter what you collect these tips will help you out, so just remember to do your research before you buy and enjoy your hobby.