10 Weird but Profitable Things to Invest In

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1. Art

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You might be able to strike gold with some priceless paintings through proper research. If we can take some inputs from our history, we know that high-end art has always managed to hold substantial value even in the midst of an economic downturn. When choosing artwork, it is imperative to understand various mediums and styles rather than being one dimensional. You mustn’t invest in anything that doesn’t manage to stir you. Although you might not be able to shell out profits immediately, you should consider that the relatively unknown artist of today could be the Picasso of tomorrow.

2. Sports Memorabilia

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The price of rare sports memorabilia has steadily risen over the past couple of decades. While investing in sports collectibles, it is advisable to stick to a number of sports. Of course, the autographed pieces always manage to draw in bigger profits. You must be clairvoyant enough to predict the superstars of tomorrow while also being on the lookout for rare items such as the 19th-century baseball memorabilia. The rarer they are, the more sentimental value they have, and the bigger return on investment you can expect.

3. Comic Books

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In August 2014, a Superman No.1 comic book was sold for a whopping $3.2 million on eBay; that edition is undoubtedly the crème de la crème of the comic world. But, for a comic book to command such an astronomical fee, it must be in pristine condition. Basically, a mint copy always has a greater value in the comic book world. So, you might have a potential diamond in the rough if you’ve stored your comic books. If not, it might be a good time to start collecting again. After all, the best time to collect comic books was 20 years ago. The second best time is now.

4. Coins

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Pennies generally don’t hold much value in today’s world. But, if the coin happens to be a 1943 bronze Lincoln penny, it can fetch up to $1.7 million. A wealthy southwestern businessman shelled out $1.7 million at an auction to acquire the penny in September 2010. The wealthy do have strange spending habits. When investing in coins, it is of paramount importance for one to be well versed in the art of coin collecting. It is because there are always several fraudsters in the market looking to make a fool out of someone.  U.S. Mint is a reliable platform to make coin purchases.

5. Wine

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The popular saying, "Wine age better with time,” has been phrased for a reason. When it ages well, the value of the wine understandably increases. In fact, several analysts even claim that numerous blue-chip wines have been better performers than stocks in the market. Wine also holds a steady position with the Dow Jones Industrial Average. The best chance one has at making profits off of wines is if he invests in top wines with unparalleled vintages. Of course, one must also store them well.

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6. Toys

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Investing in toys might seem a tad bit off but if you happen to possess stuffed bears made by Margarete Steiff, you can be $10,000 richer. The toy business is a relatively difficult market to predict as things that are in the rage today might not be sought-after after a couple of years. Do Beanie Babies ring a bell? Like comics, toys need to be in impeccable condition to hold value. You can be on the top of the game if you keep up on trends and browse through antique stores, tag sales, and flea markets. Since, we love you, here’s a free tip for you: Toys aren’t meant to be played with!

7. Rare Books

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Here’s an impromptu fact for you! A first British edition of "Harry Potter and the Philosopher’s Stone” fetched an astounding $18,000 at an auction in 2007. Here’s another fact for you! Author, James Joyce, sold some valuable papers to the National Library of Ireland in 2002 for $11.7 million. So, your investments need not necessarily be directed towards old classics. Modern authors can also command a handsome paycheck. The best places to find rare books are at auctions and book dealers. First editions, autographed books, and popular old classics are your best bet at accumulating profits upon sale.

8. Antique Firearms

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Investing in antique firearms can be pretty lucrative. The U.S. Civil War artifacts are heavily sought-after by collectors worldwide and they command staggering prices. The flags are also widely in demand and desired by Civil War dealers and enthusiasts. Experts claim that a Confederate battle flag can be even sold for around $100,000. Apart from the firearms, it is also advisable to make investments in uniforms, medals, and letters. When purchasing such antiques, investors should also bear the restoration prices in mind.

9. Classic Cars

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Classic cars are valuable assets and the rarer they are, the higher they sell for. If there is a scarcity of a particular classic car on the market, the price of that particular car automatically shoots up. A rare 1969 Shelby can go for around $185,000. Statistically, vintage cars have even outperformed stocks in the previous years. When repairing classic cars, one must try to restore it to its original factory painting. The cars with more original parts also tend to be worth more.

10. Rare Musical Instruments

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The number of enthusiasts seeking rare musical instruments in the market cannot be underestimated. Antonio Stradivari-produced violins usually sell for millions. The reason for the tremendous increase in the demand for Antonio Stradivari-made violins is because there aren’t plenty of them around. Out of the 1,100 violins made by him in the 17th Century, only around 650 of them are in a top-notch condition. There are a few points to consider before taking the plunge of investing in instruments: the quality, the maker, the history, and the condition are all important aspects to take into consideration. 

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