- Outside of stocks and bonds, some people make money investing in collectibles and make a fair amount on them.
- One stamp even sold for a billion times its face value.
- The extreme dependence on future collectability, however, limits the potential of most of these opportunities.
The question of how to make your money work for you is a never-ending problem. While stocks, bonds, and currencies of all kinds are common choices, they aren't the only things you can put your money into. Various collectibles, household objects, and clothing articles have made headlines for being sources of income for people who can predict which ones will end up being valuable years after purchase and reaping the profits.
While the word "investment" is a strong one, some people really do buy these items in hopes of reselling them for higher amounts later, much as you might do with stocks or bonds. So, let's look at five alternative investing options with occasionally eye-popping returns.
Pokémon Cards
For those who weren't content to catch them all in a video game came a trading card game where you could collect them all. Some classic cards have gained tremendous stature among collectors and Pokéfanatics and sell for extremely high prices.
An older card featuring Charizard, a fire breathing dragon, regularly sells for thousands online. Given that the card could be purchased for a couple dollars in 1999, this is quite the return. A particular pack of Pokémon cards, which cost $5 in 2003, now sells for $650, 130 times the original asking price.
Of course, not every card will fetch these high prices. Buying cards as an investment is tricky. You have to essentially guess at which cards will be considered highly valuable at a later date and will be unable to collect dividends before selling them.
Furthermore, you have to presume that people will be collecting the cards years after buying them. While Pokémon has remained popular, it is a bit of an outlier in terms of enduring success.
Sneakers
Credit: Junior Samson on Unsplash
People from all walks of life—from skateboarders to the First Lady of the Philippines—enjoy collecting shoes. An entire subculture exists for people interested in collecting sneakers, and some people make quite a profit in it.
The Nike SB Dunk Low Reese Forbes Denims, priced initially at $65 in 2002, are commonly valued in the thousands of dollars now. The Nike Air Jordan 1 Retro High x Off White "Chicago" shoe sold for $190 a mere four years ago, but now sells for $4000 a pair.
A Huffington Post article points out that most of these shoes offered better returns than gold over the same period. The same article quotes YouTube personality Mr. Foamer Simpson and his explanation of the difficulties of making money on shoes:
"There's a guessing game or element of unpredictability that makes it exciting for some collectors. With sneakers, you kind of never know. Sure, you know what sneakers are more limited or which ones were harder to get, but even with that, it fluctuates a lot. A sneaker that was very valuable two years ago might all of a sudden crash and no longer be valuable."
Toys of all kinds
If there's one thing everybody loves, it's what they loved when they were children. That often translates into old and rare toys fetching insane prices at auction.
Beanie Babies, those little stuffed animals from the 1990s, once sold for thousands of dollars online, not bad considering they originally cost $5. LEGO sets, particularly those featuring well-known franchises like Star Wars, can sell for hundreds online.
As with Pokémon cards, the success stories are dependent on what people are interested in collecting long after most people forgot the toy existed. While some collectors have ideas on how to gauge what might or might not end up being valuable later, there seems to be a considerable amount of luck involved.
Stamps
The hobby of kings has occasionally made some people as rich as one, with rare stamps and extensive collections fetching high prices at auction.
One of the famous "Inverted Jenny" stamps, a rare misprint showing an upside-down airplane, sold for $1,593,000 at auction. The most valuable stamp in the world, the British Guiana 1c magenta, last sold for $9,480,000, a billion times its face value. For those interested in a shorter-term investment, the USA Forever stamp has gained a face value of 75% since its introduction and can still be used to send a letter.
Coins
For those who want to invest in actual money but without having it do money-related things, collectible coins may be the ticket.
The misprinted Wisconsin State Quarter, featuring an extra leaf on an ear of corn, can sell for up to $2,800, though the price has declined in recent years. Older coins made of precious metals are also highly valued; a silver dollar from 1804 sold for nearly $2,000,000 at auction. Even old wheat pennies can sell for a couple of dollars today.
While these collectibles can provide high returns on your investment in them, they don't provide dividends, and their value is entirely dependent on how much collectors are willing to pay for the particular item you have. As a couple of the above examples show, tastes can change and leave your investment worthless. If you have some luck, an eye for trends, and the good fortune not to have thrown out your old stuff, you might be able to make a fair amount on it.
Of course, if you manage to get rich because you found an old coin in your desk after reading this article, be sure to remember who wrote it.
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U.S. Navy ships
The U.S. Navy controls patents for some futuristic and outlandish technologies, some of which, dubbed "the UFO patents," came to light recently. Of particular note are inventions by the somewhat mysterious Dr. Salvatore Cezar Pais, whose tech claims to be able to "engineer reality." His slate of highly-ambitious, borderline sci-fi designs meant for use by the U.S. government range from gravitational wave generators and compact fusion reactors to next-gen hybrid aerospace-underwater crafts with revolutionary propulsion systems, and beyond.
Of course, the existence of patents does not mean these technologies have actually been created, but there is evidence that some demonstrations of operability have been successfully carried out. As investigated and reported by The War Zone, a possible reason why some of the patents may have been taken on by the Navy is that the Chinese military may also be developing similar advanced gadgets.
Among Dr. Pais's patents are designs, approved in 2018, for an aerospace-underwater craft of incredible speed and maneuverability. This cone-shaped vehicle can potentially fly just as well anywhere it may be, whether air, water or space, without leaving any heat signatures. It can achieve this by creating a quantum vacuum around itself with a very dense polarized energy field. This vacuum would allow it to repel any molecule the craft comes in contact with, no matter the medium. Manipulating "quantum field fluctuations in the local vacuum energy state," would help reduce the craft's inertia. The polarized vacuum would dramatically decrease any elemental resistance and lead to "extreme speeds," claims the paper.
Not only that, if the vacuum-creating technology can be engineered, we'd also be able to "engineer the fabric of our reality at the most fundamental level," states the patent. This would lead to major advancements in aerospace propulsion and generating power. Not to mention other reality-changing outcomes that come to mind.
Among Pais's other patents are inventions that stem from similar thinking, outlining pieces of technology necessary to make his creations come to fruition. His paper presented in 2019, titled "Room Temperature Superconducting System for Use on a Hybrid Aerospace Undersea Craft," proposes a system that can achieve superconductivity at room temperatures. This would become "a highly disruptive technology, capable of a total paradigm change in Science and Technology," conveys Pais.
High frequency gravitational wave generator.
Credit: Dr. Salvatore Pais
Another invention devised by Pais is an electromagnetic field generator that could generate "an impenetrable defensive shield to sea and land as well as space-based military and civilian assets." This shield could protect from threats like anti-ship ballistic missiles, cruise missiles that evade radar, coronal mass ejections, military satellites, and even asteroids.
Dr. Pais's ideas center around the phenomenon he dubbed "The Pais Effect". He referred to it in his writings as the "controlled motion of electrically charged matter (from solid to plasma) via accelerated spin and/or accelerated vibration under rapid (yet smooth) acceleration-deceleration-acceleration transients." In less jargon-heavy terms, Pais claims to have figured out how to spin electromagnetic fields in order to contain a fusion reaction – an accomplishment that would lead to a tremendous change in power consumption and an abundance of energy.
According to his bio in a recently published paper on a new Plasma Compression Fusion Device, which could transform energy production, Dr. Pais is a mechanical and aerospace engineer working at the Naval Air Warfare Center Aircraft Division (NAWCAD), which is headquartered in Patuxent River, Maryland. Holding a Ph.D. from Case Western Reserve University in Cleveland, Ohio, Pais was a NASA Research Fellow and worked with Northrop Grumman Aerospace Systems. His current Department of Defense work involves his "advanced knowledge of theory, analysis, and modern experimental and computational methods in aerodynamics, along with an understanding of air-vehicle and missile design, especially in the domain of hypersonic power plant and vehicle design." He also has expert knowledge of electrooptics, emerging quantum technologies (laser power generation in particular), high-energy electromagnetic field generation, and the "breakthrough field of room temperature superconductivity, as related to advanced field propulsion."
Suffice it to say, with such a list of research credentials that would make Nikola Tesla proud, Dr. Pais seems well-positioned to carry out groundbreaking work.
A craft using an inertial mass reduction device.
Credit: Salvatore Pais
The patents won't necessarily lead to these technologies ever seeing the light of day. The research has its share of detractors and nonbelievers among other scientists, who think the amount of energy required for the fields described by Pais and his ideas on electromagnetic propulsions are well beyond the scope of current tech and are nearly impossible. Yet investigators at The War Zone found comments from Navy officials that indicate the inventions are being looked at seriously enough, and some tests are taking place.
If you'd like to read through Pais's patents yourself, check them out here.
Laser Augmented Turbojet Propulsion System
Credit: Dr. Salvatore Pais
