I’m often asked by new and existing collectors alike if I have any tips for collecting old credit cards, so here are seven of the rules I collect by…
1. Have a specialization
Specialization is the key to successful collecting. Plan a collection that can be completed. Completeness tends to increase a collection’s value!
2. Avoid damaged charge coins
When collecting charge coins, stay away from rusted or damaged pieces. Inferior pieces attract little interest unless they’re rare.
3. Avoid charge plates
Metal charge plates have little collector interest. They should remain affordable for years which means they’ll probably not advance in value.
4. Collect rare credit cards
Most interest is in credit cards. Scarce and rare cards, when they can be located, are still affordable. National credit cards are eagerly sought. American Express is the most popular.
5. Acquire paper and laminated paper cards
Paper and laminated paper credit cards are highly desirable. When it comes to collecting these types of credit cards, don’t concern yourself too much with their condition. Go ahead and acquire any you find. They’re so difficult to locate that it could take years to find another specimen. Some are so rare that they might be unique!
6. Find old credit cards in mint condition
Plastic credit cards issued before 1970 are scarce. Occasionally, you’ll find a mint condition card. Generally, you’ll have to settle for used. Plastic credit cards issued after 1980 should be collected in mint condition.
7. Collect whatever you like and enjoy the credit card collecting hobby
The best hint for collecting credit cards is to collect what you like. You’ll provide yourself with years of enjoyment and that’s the best investment you’ll ever make.
Copyright 1987 by Greg Tunks