Collectibles - Financial definition

n finance, collectibles refer to tangible assets acquired primarily for their potential to appreciate in value over time. These items, ranging from fine art and vintage cars to rare coins and sports memorabilia, often appeal to collectors and investors due to their historical significance, rarity, and aesthetic value. The market for collectibles is characterized by specialized auctions, galleries, and private sales, with prices influenced by factors such as condition, provenance, and market trends.