If you have a cluttered drawer, you may want to start cleaning it out soon.
It turns out that some old items, ranging from old phones to rare money, can net you a small fortune if you know what to look for.
One investment expert, Adam Koprucki, says that people are often throwing away items that could build up your retirement nest egg.
“Most people throw away items that could pay for their retirement in just a few years,” Koprucki, founder of Real World Investor, told The New York Post. “The truth is, certain everyday objects sitting in your home might be worth more than your stock portfolio by 2030.”
Here are some items that could net you some serious cash.
What common item from 19 years ago could be worth a fortune?
One of those items that was commonplace 19 years ago, the first-generation iPhone, could fetch up to at least $50,000, if not more.
“The first-generation iPhone, released in 2007, sold for $499 new, but sealed examples now fetch upward of $20,000 at auction,” Koprucki claimed. “By 2030, mint condition models could easily surpass $50,000.”
Koprucki’s estimate is actually on the low-end compared to what some iPhones have sold at recent auctions.
In 2023, a first-generation 8 GB iPhone sold at auction for more than $63,000, according to The New York Post.
That same year, an auction of an extremely rare 4 GB iPhone 1 from 2007 sold for more than $190,000, CNN reported.
What other items could net you a small fortune?
Some of the other items that could make you rich include that spare change in your drawer.
With the penny officially out of production, you may want to take a closer look at them to see if some of them are worth something.
While your run-of-the-mill penny is probably not going to make you rich overnight, if you have older “wheat pennies,” you might have some rare money worth more than its face value.
For example, the 1943-D Lincoln Bronze Wheat Penny that is uncirculated is worth $2.3 million.
Even more recent coins with errors on them can fetch much more than their face value.
An error on the 1999 Georgia state quarters have jacked up the value of the quarters in circulation to $10,000.