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Collectibles are items whose value is greater than their original purchase price, and in most cases their value increases over time. Beyond that, they really can be anything. Art, antiques, wine, photographs, cars, books: for those with an understanding of the demand for any given item there are considerable returns to be made.
These assets often rise and fall in cycles, so it’s important to understand the asset trend and when the next downturn might occur. The collectibles market is an emotion-driven market, so prices can fluctuate erratically as artists, designers, photographers or watchmakers rise and fall in popularity.
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