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Royal collections expand for Prince George's christening

Wednesday, October 23, 2013 - 02:24

Oct.23 - As royal baby Prince George is christened one fan dedicates her entire home to royal memorabilia. Ciara Sutton asks if there's still a market for royal collectables.

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Prince George arrives for his christening in London. While the royal heir is blissfully unaware of its significance, fans line the streets to witness the occasion. And some have taken the commemorating of royal events a step further. Margaret Tyler's home is a shrine to all things royal - she's crammed it with nearly 10,000 items of memorabilia. There's a jubilee room dedicated to the Queen, a sitting room for the Duke and Duchess of Cambridge and the dining room for Princess Diana. And now she's expanding her collection to include Prince George. SOUNDBITE: ROYAL MEMORABILIA COLLECTOR MARGARET TYLER SAYING (English): "I enjoy it, that's all I can say, I am a collector. I don't sell anything, people give me things, I am very lucky, if they are moving house they leave things on their doorstep for me." It's thought to be one of the most extensive private collections in the UK, insured for around 40,000 pounds. But in today's mass produced market, royal memorabilia is frequently made in batches of thousands in Chinese factories. So is it still a wise investment? Antiques expert Ian Towning says it can be, but requires research. (SOUNDBITE) (English) ANTIQUES EXPERT, IAN TOWNING, SAYING: "The limited addition should be small, no like in thousands. It would have to be in hundreds. Because the value is, the number that are made. So value, number made, good quality, and spend your money. That's what you need to do." Christies auction house in London says the mass produced items hold more of a sentimental value, marking a special national occasion. But there is still a strong demand for limited collections from British companies like Derby, Worcester and Davenport. (SOUNDBITE) (English) ANTIQUES EXPERT, IAN TOWNING, SAYING: "Within 5 years it will be starting to make money. You can't expect it to make money next year. This is long term. If you leave it for your grandchildren, or your nephews or nieces, whoever - it will start to increase within 5 years. But you must buy low editions. 500 or 250. When it starts to go into the thousands, forget it." The arrival for Prince George is giving the UK economy a boost. Since his birth in July, large and small retailers have benefited from a rise in sales. Children's clothes shops selling specially designed ranges have done particularly well as they cash in on the royal occasion.

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Royal collections expand for Prince George's christening

Wednesday, October 23, 2013 - 02:24