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NerdWallet's Smart Money Podcast

Cash in on Collectibles: How to Monetize Your Passions and Memorabilia

NerdWallet's Smart Money Podcast

NerdWallet Personal Finance

Business, Education, Investing, How To

4.2665 Ratings

🗓️ 9 May 2024

⏱️ 28 minutes

🧾️ Download transcript

Summary

Discover how you could turn your collectibles and passions into an actual business and stay ahead of market trends. How hard is it to make money from collectibles?  What kinds of things typically become collectible?  Hosts Sean Pyles and Elizabeth Ayoola discuss the unconventional method of selling collectibles to earn income to help you understand how your passions could yield financial gain. Sean speaks with Tyler Feldman, the Founder and CEO of Inscriptagraphs, a sports and entertainment memorabilia company, about the significance of researching market trends, leveraging platforms like eBay for sales, tips for staying ahead of market trends and how to find a balance between passion and practicality in the business of collecting. In their conversation, the Nerds discuss: collectibles, memorabilia, monetizing collectibles, sports memorabilia, Inscriptographs, autographed memorabilia, Carrie Fisher movie scripts, Lady Gaga Oreos, baseball cards, comic books, vinyl records, childhood fascinations, nostalgia, financial success, Barbie dolls, entrepreneurial stories, memorabilia trading, autographs, the collectible market, investment in collectibles, trading cards, memorabilia value, nostalgia and memorabilia, unique collectibles, profitable collectibles, memorabilia industry, collecting tips, financial management, unconventional investments, making money from collectibles, Pokémon cards, eBay selling, collectible trends, autograph collecting, Mike Tyson memorabilia, and the sports collectibles market. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email [email protected]. Like what you hear? Please leave us a review and tell a friend. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:03.0

Watch Heavyweight Detective Breacher, Season 3 included with Prime.

0:07.0

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0:10.0

Treat yourself to the lovably chaotic Bridget Jones mad about the boy available to buy.

0:15.0

Did you have sex? Did you have sex?

0:17.0

Did you have sex last night?

0:19.0

Yes! And it was amazing!

0:23.0

Whatever you're into, it's right here.

0:25.3

Prime Video.

0:27.1

Click or tap the banner to find out more.

0:29.9

So tell us, dear listener, what do you have in boxes in your garage?

0:35.1

Your attic, your spare bathroom, that you think might just be worth

0:38.7

something someday. Baseball cards, beanie babies, comic books, vinyl records. Today we're exploring

0:45.2

another in a series of unconventional financial moves, collectibles. And one of them years ago was

0:51.3

a Carrie Fisher movie script after she had passed away. Her family started selling off her items as well as her mother,

0:58.3

Debbie Reynolds' stuff.

0:59.4

So there was an auction that had a script that she had owned from Star Wars from A New Hope.

1:04.4

We actually cut up the movie script and we sold every page out of the scripts.

1:11.4

Welcome to Nerd Wallet's Smart Money podcast. I'm Sean Piles.

1:15.0

And I'm Elizabeth Ayola.

1:16.8

This episode continues our nerdy deep dive into weird money, the odd, unusual, funky things that

1:23.1

we do to make or manage our money. Yeah, Sean, I loved hearing in our last episode about one of our nerdy colleagues who has

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