The Rise of Collectibles as an Investment Asset Class

Collectibles have increasingly transitioned into a recognized asset class, especially among high net worth individuals. Statistics show that 78% of ultra-high net worth individuals own some type of collectible, ranging from art to sports memorabilia. Market dynamics have changed, with numerous auction houses facilitating various collectible auctions, reflecting the growing interest in these assets. This shift necessitates financial advisors to adapt their practices and provide guidance on managing and valuing collectibles as part of a comprehensive financial strategy.