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Toys are a particularly lucrative market for those looking to cash in on their old possessions and make some money from the stuff they’ve been hoarding since their childhood.
As the craze for investing in Beanie Babies showed, some toys can be immensely popular but eventually lose their value as the market floods with less desirable products. To help guide you through the quagmire that is figuring out what toys are worth money and which ones aren’t, this article explores everything you need to consider when clearing out your old collections.
Whilst this isn’t always true, as a general rule the better condition you kept your toys in, the more money they’re likely to be worth. The packaging alone is worth some of the value, so if you have toys that were kept in their old packaging, either as a storage solution or as a way of keeping them clean, then they could potentially be worth more money to you later.
Your toys might be cute and fun for kids to play with, but the value in most toys comes either from the brand they’re made by or their rarity, or in some cases both. Some brands, like Steiff bears, are collector’s items and incredibly valuable thanks to their quality, so if you find anything by this brand or any other valuable toy brand then it might be worth some serious money.
For toys that are made by a valuable brand, but were well-loved and rigorously played with, restoration could help make them look more presentable. If you’re restoring your toy to sell it on later then you need to take the price of the restoration into consideration when pricing the item later. Some items will simply be restored for fun. Whatever you choose to do, find a toy hospital that can fix up your old toys and restore them to their former glory.
If you’ve gone through all of these points and think you might have something valuable on your hands then have it valued. This will allow you to assess whether or not it’s worth selling your item to collectors or just putting it on eBay for someone who wants it for the nostalgia and memories.