About this episode
Colokum Craft CoffeeUse the Promo Code [WSMG10] For 10% of any purchase through FebruaryBoomer Bunker DischordBecome a Bunker DwellerAaron KickstarterHelp Aaron with his Spicy Kickstarter505 Road Rage 101: Antique Faux ShowNATIONAL DAY: NATIONAL CHEESE DOODLE DAYBIRTHDAY: Emmett J. Culligan (1893-1970) - Founder of Culligan Inc.THIS DAY IN HISTORY: 1836 - The first first pistol (36-caliber "Texas" model) is manufactured.The Great Collectible CrashOver the last century Americans have chased countless collectibles that were marketed as rare investments destined to grow in value. From Beanie Babies and baseball cards to figurines, collector plates, and Longaberger baskets, entire industries were built around the idea that scarcity and nostalgia would one day make these items valuable.In reality many of these products were produced in enormous quantities. As collecting trends faded and the original buyers began downsizing, markets were flooded with items that once sat proudly in display cabinets. Today many of those “investments” sell for only a few dollars — if they sell at all.Examples include Beanie Babies from the 1990s bubble, overprinted baseball cards from the 1980s and 1990s, Hummel and Precious Moments figurines, collector plates, holiday Barbie dolls, VHS tapes once promoted as rare Disney treasures, and even full sets of printed encyclopedias that technology quickly rendered obsolete.While a few rare variations still carry value, most collectibles followed the same pattern: heavy marketing, massive production, and a belief that nostalgia alone would guarantee future worth.-----SHOW CREDITS:Thank you to my co-host, Ken Madden of MaddK StudioAudio credits and Producer Jason Radosevich Horrible DesignsCast: Kate the Duchess of NJ and John Jamingo of theBoomer BunkerAaron of I had to Say itBoomer Bob of the Boomer Bob ShowLorenzo from
