Australia, also known as the Land Down Under, is considered the flattest and driest continent inhabited by people. Because of its large landmass, Australia is filled with a wide variety of landscapes starting with vast deserts in its central regions, the mountain ranges in the south-east, and the tropical rain forests in the north-east areas. Australia is also considered as a highly-developed country with its people enjoying high per capita income.
The June 2018 statistics show that the Australian average annual household income per person was 48,520 USD. This income is enough to fulfil basic needs and to spend on leisure activities such as sports or hobbies. One hobby that is gaining popularity is collecting pop vinyl toys in Australia.
Australians, like other people, enjoy collecting things. Whatever items people collect, they do so for their reasons. However, collecting should not be mistaken for hoarding. Compulsive hoarding is a disorder that must be addressed. Collecting, on the other hand, is limited to a specific set of items. One of the most common things Australians like to collect is pop vinyl toys.
What are Pop Vinyl Toys?
Pop Vinyl Toys are figurines characterised by their unique features. What is unique about them is that these figures have their heads disproportionately larger than the rest of their bodies. Pop Vinyl Toys are coined from the word popular and vinyl. Popular, because the figurines were modelled from characters that became popular, while vinyl denotes the primary material the figurines are made of.
Which Characters Are Made into Pop Vinyl Toys?
If you want to start a Pop Vinyl Collection, there are many themes to choose from. Since these toys are modelled from popular characters, you can get a multitude of selections. Characters from far back as the first Star Wars movie have already been made into pop vinyl toys. Likewise, you can start collecting your favourite wrestlers in pop vinyl if wrestling is your thing. If you still have not moved on from the Game of Thrones series, you can relive your favourite scenes by getting the complete GOT pop vinyl characters for your collection. Pop vinyl characters range from 8-bit video game characters to just about any character who got popular.
What are the Benefits of Collecting Pop Vinyl Toys?
There are different reasons why people collect pop vinyl toys. Some people collect them as memorabilia to remind them of their childhood. People collect pop vinyl characters of their favourite movie or tv show to relive their favourite scenes. Others collect them because of their aesthetics and because these toys look good on display while others collect pop vinyl toys as an investment.
How to Invest in Pop Vinyl Toys?
Pop Vinyl Toys can become a unique investment opportunity if you know what to look for. In 2016, statistics estimated that Pop Vinyl collectibles could yield an average profit margin of 442 % per licensed figurine. However, buying a pop vinyl toy will not always guarantee a profit. It is essential to consider the following factors to get an excellent return on your collection.
- Type of Character
Your choice of character will affect the resale value of your figurine. Remember, the more memorable the character is, the greater its cult following will be. This following will, in turn, lead to a higher value for the character in the future.
- Number of Figurines Made
The number of figurines made will also affect its value. A figurine that is 1 out of 10,000 copies will not fetch a high price in the future as compared to one that is 1 out of 100.
- Event Exclusivity
Another factor in the pricing of pop vinyl figurines is when they were released.
- Supply and Demand
The last factor is economics. If more people are looking for a specific figurine while only a few of them are being sold, the price will increase due to a bidding war.
Pop vinyl toys in Australia can be fun to collect. Likewise, you may find yourself getting a lot of money in the future with your pop vinyl collections.