How much do you have invested in your Macross collection?

no3Ljm · April 16, 2015

Ok, since a lot said 'don't want to count or add', next question would be is... for people who have 'home/rent insurance', did you guys declare the value of your collectibles to cover it?

dapro · April 16, 2015

Ok, since a lot said 'don't want to count or add', next question would be is... for people who have 'home/rent insurance', did you guys declare the value of your collectibles to cover it?

My home insurance doesn't really covers it. So I used this, http://collectinsure.com/

no3Ljm · April 16, 2015

Thanks dapro. Will check that over the weekend. I did mentioned on our renter's insurance that I have Hot Toys figure and they've include that as well. Will check your recommendation if it's cover more. Want to add my Macross Valks as well.

jvmacross · April 16, 2015

My home insurance doesn't really covers it. So I used this, http://collectinsure.com/

This is probably the one time when everyone would agree that they would want their stuff appraised based on "scalper prices".... :rolleyes:

anubis20 · April 16, 2015

My home insurance doesn't really covers it. So I used this, http://collectinsure.com/

I've been thinking about using them. What are their premiums like?

dapro · April 16, 2015

I've been thinking about using them. What are their premiums like?

They billed me annually. I kept adding the cover charge and the price goes up obviously with it. I am currently covered for 20k and paying one hundred something annually. Not to bad for peace of mind. You can get a free quote from them.

Edited April 16, 2015 by dapro

Gakken85 · April 16, 2015

https://www.geico.com/getaquote/collectibles/

Geico does collectibles insurance. They ran some commercials on it recently. Anything over 2k seems to be the limit to get insurance for these special policies.

http://collectinsure.com/

If you already have homeowner’s or renter’s insurance, you may feel pretty safe, but most policies cover household goods, such as televisions, stereo equipment and jewelry, but may take a different view towards your collection of plastic superheroes. Even with insurance, it would be wise to check with your provider and discuss a “collectibles floater” which is a separate document allowing you to declare that the things listed on the floater are greater than the value they originally sold for.

In some cases, such as your collection being worth more than $2,000, your insurance provider may require you to start an additional policy that covers collectibles. Check with your provider to make sure they offer this service.

Edited April 16, 2015 by Gakken85

jvmacross · April 16, 2015

https://www.geico.com/getaquote/collectibles/

Agreed value coverage – Qualifying collections are insured for their agreed collector value and never depreciate. Coverage also applies to accessories such as model train layouts and product packaging

Guess the condition of a collectible's packaging matters when determining both personal and insured value.... :rolleyes:

April 16, 2015

My home insurance doesn't really covers it. So I used this, http://collectinsure.com/

I've been thinking about using them. What are their premiums like?

that's hardcore... i remember my building flooded and all this water poured into my closet. ever since i store my valks above my stove to make sure they're away from water. they small like food but at least the cooking grease residue makes them waterproof B))

obviously messing around:)

w8kbrder · April 17, 2015

My home insurance doesn't really covers it. So I used this, http://collectinsure.com/

Ill be looking into this as I have over $15k in vintage 80s skateboards. Collecting nostalgia is pricey!

calubin_175 · April 17, 2015

So far for the Bandai DX Chogokins, 202,300 yen before shipping for 7 fighters, 2 armored packs, 4+1(Brera's) super parts and one Macross Quarter.

And then one VF-0D from Arcadia at below market price.

Gakken85 · April 17, 2015

Ill be looking into this as I have over $15k in vintage 80s skateboards. Collecting nostalgia is pricey!

Pics

myk · April 17, 2015

Micro-managing your hobbies is one way to kill the passion off. I don't keep track of the money-you can't take it with you anyway...

Mr March · April 17, 2015

But you can take the plastic figures with you?
Snark aside, I think it's more the act of purchasing or fleeting tangibility that drives most of that cash. At the end of the day, we're all just chasing after a feeling anyway. I just wish it didn't cost so much.

w8kbrder · April 17, 2015

Hi all,

Figured since I brought up a touchy subject between all of you, I decided to make an anonymous survey (with the suggestion from a fellow forum member) so get a feel for what the average collector on here has spent over the years on Macross toys!

Discuss.

Edited April 17, 2015 by w8kbrder

Gakken85 · April 17, 2015

Buying is a rush. Selling is also a rush for me. But enjoying your collection on display is a full time job

w8kbrder · April 17, 2015

Hey all....I made a survey poll! Have at it...

http://www.macrossworld.com/mwf/index.php?showtopic=42448

calubin_175 · April 17, 2015

It depends how many years into the hobby and the particular character line being invested. I am pretty sure 7 years + of collecting toys in general has reached beyond the 20k+ range in total, but for individual franchises, I don't think it has gone over 5k.

anime52k8 · April 17, 2015

But you can take the plastic figures with you?

I don't know about you, but I fully intend to be buried with all my plastic crap.

jvmacross · April 18, 2015

April 18, 2015

lol, pic of Vader being buried

i was kidding about the cooking grease residue water proofing my boxes.. but my place really got flooded due to a huge rain storm a few years ago, first thing i did was move my tv away from the windows and rain then i grabbed all my valks to the center of the driest spot of my place. that became the refuge of my valks for the next year until i got some gundams. now my valks are stack up in my bedroom. but if i had to let them go, i'd let them go.

jvmacross · April 18, 2015

No need for wood...The plastic and paper will make for great accelerants!

Yours will be even better with all the bacon grease! :-P

M'Kyuun · April 18, 2015

Prob around $3000, give or take. Just a drop in the bucket compared to what I've spent on LEGO. Or Transformers.

Edited April 18, 2015 by M'Kyuun

xrentonx · April 18, 2015

Voted over $10k and rising...that's my guesstimate. If we count all my other Macross stuff then I'm sure of it. Thanks for making me think about it

spanner · April 18, 2015

Hehehe!! this made me laugh and almost cry at the same time!

No need for wood...The plastic and paper will make for great accelerants!

Yours will be even better with all the bacon grease! :-P

all I can say is im glad all my stuff is FULLY insured! :lol: B))

SuperSenpai · April 21, 2015

I was just thinking of hobbies that might be more expensive than toy collecting, and realized that I had one sitting right under my nose this entire time: musical instruments. We have a Steinway grand piano given to us by my mother-in-law that I'm pretty sure is at least $30k by itself. We also have several guitars, keyboards, string instruments, and some recording gear lying around that probably totals to a hefty sum as well.

On second thought, I maybe I shouldn't have gone there... now I'm thinking of all the valks I could buy if we sold the piano...

Edited April 21, 2015 by SuperSenpai

Firefox · April 25, 2015

Lost count. But I have stopped investing as the prices shoot up. Having said that, I'll make exception for the upcoming VF-0S

Spiff · April 28, 2015

I am currently at over 50. I really don't want to know how much it cost. That's not the point of it for me. I enjoy buying them, displaying them, admiring them. :wub:

Hi, my name is Spiff. I'm a valkaholic.

The insurance and spread sheet are good ideas though.

sreichma · April 30, 2015

4-5k about 2 more needed for extras copies and then as needed for future releases I want. Getting very close though.

spanner · May 1, 2015

just doing a some quick calculations.. my Valks plus the cabinets and lighting I specifically bought for them it all got right up to 30k (aud).. which is pretty much where I thought it would be. so my insurance estimate was pretty spot on!

frightening how much money I have spent.. but then again a hobby it is and I love it to bits so who cares right! ... right?

no3Ljm · May 1, 2015

Right, spanner! I totally agree. :lol:

Gakken85 · May 6, 2015

There are much worse things to spend your money on.

spanner · May 6, 2015

There are much worse things to spend your money on.

like hookers!? oh wait you said worse things..

Gakken85 · May 6, 2015

I was thinking drugs, and c.h.u.g.s. haha

ArchieNov · May 6, 2015

In my personal opinion as a toy collector, I don't think buying toys for the sole purpose as an investment is a good idea. I refer to buying multiple copies of a toy only to stash them away MISB somewhere hoping that in a couple of years their value will shoot up significantly and make a huge profit from reselling them. I guess the reason some people believe this will happen is because some vintage toys today really cost a lot.

But here's the thing. The only people that see the vintage toys today as valuable are people in our generation (I assume in their 30's). In 20 years time, it will still be only us that will see value in these things, but by that time we probably wouldn't care as much anymore and would likely choose to spend our money elsewhere.

Moreover, the children of today's generation do not have the same love for toys as we did when we were young, so they won't have the same attachment to toys as we do, nor will they see value in them when they grow older. Kids nowadays are more into video games, so if ever they will have a nostalgic attachment to something from their childhood it'll most likely be to those and not toys.

Therefore, I believe it will be significantly difficult to sell the toys we collect today at premium vintage prices 20-30 years later. Especially since the engineering will probably be so much better by then.

Moreover, seeing toys as an investment is somewhat parallel to how people saw comics as an investment 20 years ago. When this happened, it actually started to drive down the value of comics because so many copies were made and so many people hoarded mint copies. So comics lost their rarity and a lot of comic collections do not have the value that the person thought they would have by now. I fell into this trap myself and purchased #1 issues for Spawn, Wildcats, X-Men, etc. But alas these comics do not hold any significant value today.

So what I'm trying to say is that I don't buy toys as an investment, and don't ever plan to. I buy them because I appreciate their design and engineering, can afford them now unlike when I was a kid, gives me something to fiddle around with, and allows me to relive my joy as a child whenever I would get toys.

Edited for grammar. Typed this on my phone earlier.

Edited May 7, 2015 by ArchieNov

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How much do you have invested in your Macross collection?

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1. How much total do you have invested in your Macross toy collection?

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