GMP 1/18s as investments?

[deja-view]

I recently picked up a couple of GMP 1/18 old muscle cars on ebaaaaay. The price was ok, but even though I told myself I wasn't going to buy any more for awhile I gave in to the possibility that these GMP cars are not going to be available for long. The detail is nice, and they both fit in with one of my "theme" groups, so even if they don't become more collectible I'll still like them.

But I am wondering what the rest of you think about the future value of GMP 1/18 diecasts??

[scummy]

Things are only worth what someone is willing to pay for them , i keep hearing how this and that is worth mega but when it comes to sell they never really bring in the money . Alot of people ask me what i think the next big collectable will be in diecast and all i say is buy what you like that way you'll always be happy with what you got .

[The70judgeman]

Actually GMP is long gone and the original named company is back...ACME. As far as value of the older 1/18th die-casts, and I'm guessing you're talking about GMP's, they rise and fall. I have about 10+ of the GTO's. That includes the original 1st edition 1970 Orbit Orange Judge. That particular model went up in value for a while, $300-$400 for a bit, but has come way down to just over original price. I think if you want a "valuable" GMP die-cast as a possible investment, you'd have to seek out the "Tom's Garage" or "test shot" preproduction cars and take your chances later on down the road to make money on them like a real collector car. They pop up on Ebay from time to time. I collect the GTO's, because I love them...in particular, the 1970. But, I've fallen behind on them and could easily spend $1000-$1500 just to catch up. Oh yeah, I have no plans on selling them...unless the prices skyrocket into the stratosphere and I don't see that happening anytime soon. Here is a pic of just 1/18th GMP GTO's (1970-72 and, '04(not a GMP) and '05) taken some time ago. I've added a few since.

[wisdonm]

Oh yeah. Put them in the storage unit, next to the beanie babies.

[Tom Geiger]

I believe the 1/18 collectors market is over. It was an issue of how many of these any one person could own and display. You ran out of room real quick. And the folks who bought them as an 'investment' realized that it didn't happen. Very recently a buddy-o-mine had a few thousand 1/18 cars that his father had collected. Multiples of some, variety of manufacturers, no GMP though. He wanted to sell the entire lot for the equivalent of $5 a car. So I checked eBay and saw that every one of these vehicles had multiple listings. For every eBay Store listing wanting $50-100 for them, there was an auction in the $10-15 range sitting there without any bids. It's a shame since his father bought these over time for full retail. The stickers are still on the unopened boxes. So I passed on buying the collection for resale. My advise to him was to take them to a flea market and put them out for $10-20 each and see what happens.

[Randytheroadrunner]

Try to buy this car for less than 3 to 400 dollars.

Edited September 5, 2013 by Randytheroadrunner

[Randytheroadrunner]

[Randytheroadrunner]

GMP lost the mold for the 1970 Plymouths. They go pretty high, and the In-Violet Road Runners have been selling anywhere from 300 to 500 dollars on ebay.

Yes, the market has gone down. I didn't buy my cars for investments though, I bought them because I like them. I have over 300 1/18s in my collection, and have no plans to part with them. When I die my wife can have a big yard sale.

[43rdMuscle]

... But I am wondering what the rest of you think about the future value of GMP 1/18 diecasts??

I've never owned a GMP diecast in 1/18 scale but many "old skool" 1/43-GMP diecast. I find them the be well built and heavily detailed. In the future I feel the value will increase because of a few reasons. Good quality, they are no longer available and subject matter. I have attached some photos of mine for reference (there are others).