Q:

How do I find out how much a diecast NASCAR model is worth?

A:

Quick Answer

Determining the worth of a diecast NASCAR collectible has many factors, including condition, rarity and demand. What a collectible is worth is based both on your desire for that piece and what the market has deemed its financial value to be.

Know More

Full Answer

  1. Observe the condition of the diecast

    The first item that most collectors look at is the condition of the diecast. Has the model been well cared for? Does the model show any signs of use or abuse? Scratches or dents drastically effect the price. Also, many collectors want the original packaging in which the model came. The packaging condition, just like the model itself, effects its value.

  2. Find out how rare the model is

    The rarity of a model refers to how many casts of that particular model were made. Small 1/64-scale models that are easily available at your local toy store are produced by the thousands, making them far easier to obtain, while detailed 1/8-scale models are much costlier to produce and are, therefore, made on smaller production runs. There are exceptions to this rule. Mass-produced 1/64-scale models that have errors are valued many times higher than their correctly made brother cars.

  3. Be sensitive to demand

    The demand or popularity of a driver directly contributes to the value of that driver's car. A Dale Earnhardt #3 Talladega crash car made by Elite Models is going to fetch a far higher price than a Tomy Drissi #66 Toyota. The current trend with drivers often ebbs and flows. The price and value of Dale Earnhardt collectibles, including diecast, skyrocketed after his death but then leveled out. Controversy, milestones and championships all cause spikes in the value of a particular car.

Learn more about Collecting

Related Questions

  • Q:

    What are Elvis Presley collectible liquor bottles worth?

    A:

    As of 2014, collectible Elvis Presley liquor decanters have an average value of between $50 and $100, depending on condition. A set of four Elvis liquor bottles may be worth around $400. Elvis decanters with the original box are more valuable than those without a box.

    Full Answer >
    Filed Under:
  • Q:

    How do you find out the worth of a pistol?

    A:

    Most pistol values can be found by using a published pricing guide, such as the Blue Book of Gun Values by Fjestad. Compare the condition of the pistol to the results in the price guide to determine how much it is worth. These pricing guides can be found at local libraries and bookstores, orthey can be purchased at many online retailers.

    Full Answer >
    Filed Under:
  • Q:

    How can I sell NASCAR collectibles?

    A:

    There are a number of options for selling NASCAR collectibles including selling at collectibles shows, selling online, and selling through local advertisements. The best option will depend on the nature of the memorabilia and how much there is to sell.

    Full Answer >
    Filed Under:
  • Q:

    How do you sell NASCAR trading cards?

    A:

    NASCAR is one of the most popular sports in the United States, and fans of automobile racing love collecting memorabilia relating to that sport. NASCAR trading cards are available through card stores, memorabilia shops and a number of other sources. Selling certain cards helps fans fund their trips to the races.

    Full Answer >
    Filed Under:

Explore