Campaign Collectibles: Can They Make You Money?
With the election finally over and Obama declared winner, you can’t help but wonder what will happen to all that left over McCain memorabilia. (Does it go the way of all those 2008 New England Patriots Super Bowl Champion shirts and hats?)
There were reports Wednesday of huge lines at delis and newsstands for copies of the post-election newspaper. Crowds were willing to wait to pick up a piece of history that could someday be worth more than what they paid for it.
On eBay and Craigslist, you can find all sorts of presidential memorabilia, from tickets to an Eisenhower press conference to Christmas cards from Reagan. Now McCain-Palin t-shirts and Obama-Biden pins are being sold as rare collectibles. The question is: Will they give you a return on your investment?
When it comes to collecting, it’s always best to do it for the joy, not because you think it could make you a quick buck. Most things won’t. The valuation process is highly subjective and it’s difficult to tell how much presidential memorabilia will be worth in the future.
If you decide to jump in and want to know how much your bits of history could be worth, check out the website of the American Political Items Collectors. It has over 2,000 members and holds seminars and info sessions for political memorabilia junkies.