Prices Plunge

Tarnishing collectibles

> Investors in 1979 paid about $7,500 for a set of three 1930 U.S. Zeppelin stamps at auction—a big increase over the 1961 price of $175. But this year at a California auction, the stamps' sale price fell 27%, to $5,500.

> A top-quality, one-carat round diamond had increased in price in less than a decade by nearly 940%, to $62,000.

But today the rock goes for a mere $44,000.

> Orient Handel, a store in San Francisco, accumulated a stock of Persian rugs worth $1.2 million to meet strong customer demand. But many of the rugs remain unsold. Says Manager Albert...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!