Facebook Twitter Instagram
    Facebook Twitter YouTube
    Latest Articles
    • Recruitment Section at the 50 Plus Show
    • Personal finance and property expert Sinead Ryan to speak at The 50 Plus Show
    • Life is for living….
    • Your chance to win the Fantastic Finger Puppet Story Set with Nursery Rhymes from mimitoys.ie
    • Mimitoys.ie, one the largest selection of children’s puppets in Ireland are exhibiting at the 50 Plus Show
    • Improve your Digital Skills at The 50 Plus Show
    • Seniorline are celebrating 25 years at the 50 Plus Show
    • Driving Life with Conor Faughnan. Episode 36: Conor meets Charlie McGettigan
    Senior Times
    Podcasts
    • Home
    • News
    • Features
      1. Driving Life
      2. Fashion & Beauty
      3. Finance
      4. Food & Wine
      5. Further Education
      6. Galleries
      7. Gardening
      8. IRISH GEN POD SERIES
      9. Health
      10. Hobbies & Pastimes
      11. Legal
      12. Literature
      13. Nostalgia
      14. Profiles
      15. 50 Plus Show
      16. Sport
      17. Travel
      18. What’s On
      Featured
      February 15, 20230

      SeniorTimes Rewind – Mike Murphy talks to Author, Deirdre Purcell

      Recent
      March 21, 2023

      Your chance to win the Fantastic Finger Puppet Story Set with Nursery Rhymes from mimitoys.ie

      March 19, 2023

      Driving Life with Conor Faughnan. Episode 36: Conor meets Charlie McGettigan

      March 19, 2023

      Alix Gardner Cooking Demo’s at the 50 Plus Show

    • Podcast
    • Competitions
    • 50 Plus Show
      • Whats On
      • Register
    • Magazine
      • Previous Issues
      • Subscribe
      • Advertise
    • Meeting Place
    • Contact
    Senior Times
    You are at:Home»Finance»Cash in the attic: why a spring clean could be one of the best financial decisions you make

    Cash in the attic: why a spring clean could be one of the best financial decisions you make

    0
    By Senior Times on March 10, 2022 Finance, Retirement

    With spring just around the corner, you might be planning to give your home a good deep clean. If you’re feeling particularly brave, you may even declutter neglected areas such as the attic

    Whether it’s a vintage video game or an old trinket that looks like something you’d find on TV shows such as Irish Pickers or the Antiques Roadshow, your attic could be home to some hidden gems. You never know, that treasured childhood toy could – just maybe – be worth big money.

    Using their expertise in growing money, Raisin Bank looked at some of the items that could be worth the most money now. So before you roll your eyes at the prospect of spring cleaning, it’s worth remembering that a good declutter could bring in some unexpected cash.

     

    Old Irish coins could be worth a pretty penny

    Have you stumbled across some old Irish coins during your spring clean? If so, you may be pleasantly surprised by how much they could be worth. They might not have bought you much at the time, but old coins have increased in value since the Euro replaced Irish money back in 2002.

    According to Ireland Coins, the rarest Irish coin – the 1943 florin (2 shilling) – could fetch at least €7,600, while the 1985 20 pence coin has been valued at around €6,500. Although not quite as valuable, both the 1931 and 1961 editions of the Irish half crown are also great finds. The coins, which were designed by Percy Metcalfe, may now be worth up to €600.

     

    Rare whiskey proves its worth

    Do you have an old bottle of whiskey hidden at the back of the drinks cabinet? If so, you might want to think twice before pouring yourself a glass. Rare whiskeys can sell for incredible prices, with some bottles going for over a million euros due to their age and heritage. According to the Knight Frank Luxury Investment Index, rare whiskey has increased in value by a rather mind-blowing 564% over the last 10 years.

    One Irish whiskey collectors’ set sold for an eye-watering $2 million (€1,766,400) in 2021, making it the world’s most expensive collection. Made by The Craft Irish Whiskey Co. in Dublin, the aptly named ‘Emerald Isle Collection’ is the oldest and rarest triple-distilled Irish single malt in the world.

    While it’s unlikely you’ll have a multi-million bottle lurking in the loft, it’s worth checking whether you do own any alcoholic beverages that may have increased in value. Bear in mind, however, that not all whiskey pays off and there are a large number of fakes on the market. In a study by the Scottish Universities Environmental Research Centre, a third of supposedly vintage Scotch whiskey bottles were found to be counterfeit or not distilled in the year stated.

     

    Sports memorabilia for the win

    If you’re a keen sports fan, you may find some value in memorabilia you’ve kept hold of over the years. Old match programmes, signed footballs and signed shirts for example, have been sold for around a hundred euros. Sports medals – especially if they’re more than 100 years old – can fetch hundreds or even thousands of euros. Back in 2015, a 1912 GAA football all-Ireland gold medal sold for €6,400, after a valuation of between €2,000 to €3,000.

     

    Uncovered a small fortune?

    While it might be tempting to think collectables will always pay off, that’s not necessarily the case. Sometimes our attic collections hold more sentimental value than cash value.

    However, if you are lucky to unearth a small fortune in your attic (or you have a lump sum of money already) you’ll need to think about what to do with your cash. The most assured way to protect and grow your funds is with a Fixed Term Deposit Account. Raisin Bank offers Irish savers the opportunity to compare competitive interest rates from a range of European banks. Plus, there’s no risk to your capital as deposits are protected under the EU-wide harmonised regulation on deposit guarantee schemes.

     

    Until the 16th March, Raisin Bank are offering up to €200 Welcome Bonus for new customers that sign up, apply for and fund their account. Find out more here

     

    Spread the love
    Banner Finance retirement
    Senior Times
    • Website
    • Facebook
    • Instagram
    • LinkedIn

    Senior Times publishes Senior Times magazine and are producers of the SeniorTimes Podcasts. They are also organisers of The 50 Plus Show run throughout the country

    Related Posts

    Personal finance and property expert Sinead Ryan to speak at The 50 Plus Show

    Life is for living….

    Alix Gardner Cooking Demo’s at the 50 Plus Show

    Comments are closed.

    Driving Life Podcasts

    Gen Pod Series

    Search the Site
    Spotify

    Subscribe

    Our Podcasts

    Senior Times Podcast Platform · Next Up
    Subscribe to our Newsletter
    * indicates required
    Dublin
    March 30, 2023, 3:31 pm
    Rain
    Rain
    13°C
    real feel: 12°C
    wind speed: 3 m/s SW
    sunrise: 7:04 am
    sunset: 7:56 pm
    Forecast March 30, 2023
    day
    Mostly cloudy with showers
    Mostly cloudy with showers
    16°C
    wind speed: 3 m/s SSW
    night
    Rain
    Rain
    8°C
    wind speed: 4 m/s ESE
     
    Follow Us On Facebook
    Follow us on YouTube
    Follow us on Twitter
    Tweets by @seniortimesmag
    Copyright © 2023 Sports & Leisure. Designed by clikcreative.com.

    Type above and press Enter to search. Press Esc to cancel.