Buying most items, including new cars, smartphones, and home appliances, could cost an individual a fortune before taking it out of a store. However, these items immediately depreciate the moment they are utilized. On the contrary, some items may appreciate their value based on multiple factors, such as rarity. These are called collectibles and see high bids from collectors worldwide. Here are five collectibles to note that typically go up in value over time.

Coins
Some of the most popular collectibles that go up in value are rare coins. Collectors examine, research, and collect these coins from various countries and their respective currencies. A country’s mint may release commemorative coins that are of higher value than regular currency. However, collectors primarily look for error coins, which are accidentally printed and may be in circulation or have been recalled. Such collectibles have a higher value, with some coins going for over $18 million at an auction.

Classic cars
While most cars that are driven out of the retail store see an immediate reduction in value, some eventually become collector pieces due to their age and model. Such cars are displayed at car shows and auctions that are attended by collectors who place bids for the desired vehicle. While collector cars are not driven much, they will require regular maintenance and upkeep because of their age. However, if an individual owns one, they could make a decent sum by selling the automobile. One should note that classic cars have sold for as high as $18 million in recent years.

Jewelry
Several people invest in various types of jewelry because of its appreciating value. For example, one might prefer to buy jewelry because of the skill of the craftsmanship and the overall design. Another common factor that gives it value is the scarcity of materials used to make the jewelry. Jewelry is usually an investment that is passed down from one generation to the next. If it is eventually sold, it could bring in significant funds. For perspective, some of the most expensive jewelry in private collections was sold for over 200 million at an auction.

Baseball cards
If an individual has a baseball card collection, chances are some of them have an appreciated value. The value of baseball cards is determined by the scarcity and print variations. Most collectors trade cards as they personalize and build their collections. Baseball cards are popular for selling at auctions for a significant sum. For example, a Mickey Mantle baseball card sold at a baseball card auction for about $12 million. Apart from baseball cards, one may also see a demand for Pokemon or Yu-Gi-Oh trading cards across the world.

Art
Unique art pieces are one of the top items that have an appreciating value with time. A few types of collector art pieces include paintings, sculptures, artifacts, and furniture. Art is usually seen and procured at museums, galleries, and auctions. The value of art is determined by factors such as the artist behind the work and its age. Even factors like the purpose of the art may influence its price. Some oil paintings, like those created by Leonardo da Vinci, have sold for about $450 million.