There Are People Spending Thousands of Dollars on Old Cereal Boxes
In DepthThere’s a market for almost everything on the Internet, and here’s your proof: There are dedicated collectors ready and willing to pay thousands of dollars for prized vintage cereal boxes.
Eater dives into the world of cereal-box collecting, a truly next-level ephemera obsession. It’s not a huge scene—maybe a few dozen people, not including those who’re interested in specific special edition boxes related to other enthusiasms. It’s not age that’s most important, either. Nope, the premium here is on nostalgia:
The most desirable boxes, then, are the ones with widest appeal: boxes emblazoned with popular cartoon characters, sports stars, or musicians, and those featuring a mail-in offer that could be sent off for some sort of limited-edition prize (think decoder rings and toy Navy boats). Often, the cereal box market intersects with other popular collectible categories. One of Fonseca’s most prized items is a box of New Kids on the Block cereal from a brief test run in 1990; it never actually made it into production, making it extremely rare.
Lots of boxes go for under a hundred bucks or a couple grand. [Updated to add: In fact it looks like most of them do go for under a hundred dollars, roughly in the real-nice-well-known-vintage-magazine price bracket. Fonseca tweeted me to say that beloved New Kids on the Block box was his costliest, and it set him back around $150. Which is less than even, say, a designer handbag habit.]