Let’s face it – we live in a digital age where everything is done online. There are millions of websites and bloggers who speak their mind regarding every and anything in order to gain readers and build traffic. This is a very simple definition of a “digital” collection. Bloggers “collect” readers and traffic. In return this traffic should help generate some sort of an income – which is a nice but what if you prefer something concrete that gains value in time? Then you have come to the right place!

What To Collect?

I strongly believe that everyone should have some type of a collection. I’m also sure that 99% of you already have a collection and dont even know it. Do you have movies, video games, brand name clothes, etc? Well then – there you go! You already have a collection and might not even know about it! However the question I am trying to help you answer is this:

How do you start a collection that will give you extra money?

I have been buying/selling/collecting for years and want to provide you with a tutorial on how to start a collection of your own that can generate some very nice income. The most important question is:

What should I collect?

Personally I suggest collecting something that has a history, is old, has a market, and can easily be resold. The first thing that comes to my mind is collectibles such as stamps, dolls, toys, cars, beer cans, and coins.

Collect Something Valuable

Why did I choose those specific items to collect as an example? Not only are these items small in size but every single thing I mentioned has a HUGE following and has MANY high priced items! This is the key when finding something to collect. stamps, coins, and toys are loved by many people.

For example, many people played and destroyed every toy they had as a child and now want to buy them again to keep. Since nearly everyone did the same thing (play with toys and destroy them) most are impossible to find in great condition – which is why they become so valuable. Personally I collect vintage hot wheel redlines. These were made in the late 60′s to early 70′s and have a huge market. I have easily made a few thousand dollars buying and selling these toy cars and I made $650 profit from one single car.

Buy a Collecting Book

After you have picked something you want to collect it is now time to start a long and enjoyable learning process. You want to learn everything you possibly can about your “niche” in order to spot rare and hard to find items that will give you an easy way to make money. I suggest buying a few updated collecting books about your niche, joining forums, reading articles, and looking at completed items on ebay. Using ebay has been a great tool for me over the years and has taught me real market pricing.

I also recommend these methods as a way to find collections and easy ways to make money: POST and SEARCH with craigslist, kijiji, and auctionzip. Also look in your newspaper for local estate sales and go to your local flea markets with a list of items you are looking for. I have made a few hundred dollars everytime I go to the flea markets because I find something valuable being sold for a cheap price.

Collect For Fun!

It is extremely important to have fun with your collection. Collect something you like and is enjoyable. Don’t think it is all about making money. It will help you learn something new and you might even become a pro – then you can create a blog about it and create another “digital” collection! If you are interested in reading more about what I collect and ways to make money from actual products, then please check out my blog!.
I am looking forward to reading what items you collect or want to collect. Feel free to write anything that will add to this discussion!