BRITS can make hundreds of pounds more cash by reselling childhood toys including Monopoly and Lego sets.
Teddy bears and Barbies are also among the toys that can sell for much more than their original price.
How much you can sell the item for depends on the quality and age of the item, so you are not certain to make any money.
Toys in good condition and in their original packaging tend to have a higher resale price.
You’re also more likely to make a profit if the item you’re promoting is limited edition or rare, as collectors will spend more.
Pre-war Monopoly sets can be sold for £100, Online email reported.
You can check the age of the set as it comes with different parts including iron, scope, cannon, wallet, lantern and rocking horse.
Some of them have sold for up to £800.
We previously wrote about an artist who sold Rare Monopoly board collection for £9,000.
Teddy bears can also be sold for a lot more than the original price, but only a few brands will run into the hundreds.
According to Mail Online, the first Edwardian Steiffs are the most valuable – up to £500.
Teddy bear maker Merrythought, based in Shropshire, sells its oldest bears for £100.
Remember that second hand items are suitable for older collectors but should not be used as toys for young children as they do not meet the same health and safety standards.
An unopened set of The Beatles Yellow Submarine previously sold for £160 – but had sold for £55 in stores just five years earlier.
A set of Café Corner, which cost £90 in 2007, is now selling for up to £2,000.
A recent study showed that Lego could be a better investment than gold, art and financial securities.
The secondary market for secondhand is growing 11% year-over-year – faster and less volatile than the average bullion, stocks and bonds.
But returns vary from minus 50% to over 600%, depending on the product, so make sure you do your research before investing.
Sets based on famous landmarks, movies or seasonal holidays have the highest year-over-year growth, according to the University of Economics in Moscow, Russia.
Unpackaged sets, especially those that are rare, limited edition or made quite a while ago, also work well.
The most expensive include Star Wars’ Millennium Falcon and Death Star II, as well as the Taj Mahal.
Even Barbie dolls can sell for hundreds of pounds if you buy the right one.
An original version of the famous doll – with Barbie in a black and white swimming costume – can be sold for £8,000.
When the 62-year-old toy first sold for £1.70.
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https://www.thesun.co.uk/money/17016619/brits-money-reselling-childhood-toys-monopoly-lego/ Britons can make hundreds by reselling childhood toys including Monopoly and Lego