A collectable is a phrase used to describe valuable things that are less than a hundred years old, as opposed to antiques, which are often more than a hundred years old. Collectibles can be art, music, books, films, or any other type of cultural artifact. They can be real or fake, bought or stolen, but they all share the same defining characteristic: their age.
People buy collectibles from their interest in history or because they believe them to be valuable someday. Some collectibles have increased in value significantly over time, such as Andy Warhol's pop paintings or Ernest Hemingway's early short stories. Other collectibles remain popular even though they're no longer made, such as Vincent van Gogh's famous sunflowers or Elvis Presley's hair style. Still others are meant to be displayed rather than sold, such as Andy Warhol's silkscreens or Jim Morrison's posters. Finally, some collectibles are toys and serve as models for real objects, such as Charlie Chaplin's wooden shoes or The Beatles' mop heads.
Collectibles range in price from a few dollars to many thousands of dollars. Some expensive items, such as Leonardo da Vinci's drawings or works by Monet, cost hundreds if not thousands of dollars.
Anything that can be sold for more money than it was originally worth is considered a collectable. These are objects whose worth grows with time. While some products are uncommon, others are mass-produced to become collectors, such as Beanie Babies when they first entered the market.
A collector's item is something that is rare, has historical or aesthetic value, or both. Rarest of all are items like one-of-a-kind paintings, unique artifacts, and ancient fossils. As long as there are people who want them, these items will continue to be worth lots of money.
An object's value can also grow due to its history or reputation. This is particularly true if you own an authentic piece of art or furniture that was made by a famous artist or designer. The more prominent their name, the more valuable their work will be in the future. Objects with strong cultural meanings may also become valuable over time. For example, jewelry that belonged to Marilyn Monroe is now worth millions of dollars because she was such a significant figure in American culture.
Some items are valuable simply because they're expensive. Products that are rare, hard to get, or both will always have high prices tags attached to them. Such items include vintage cars, exclusive albums, and hand-made goods.
Finally, certain objects have been deemed valuable because they can be used to secure a loan.
A collectable (also known as a collectible or collector's item) is any object that is seen to be valuable or interesting to a collector. Collectible things are not always economically desirable or rare. There are different varieties of collectibles, as well as terminology to describe them. Some examples are:
Bric-a-brac - small items such as figurines, jewelry, and ashtrays used in decorating homes.
Charms - small objects with special meaning for their owner.
Fossils - pieces of rock that originally belonged to a living organism.
Junk art - paintings done by scraping materials into colorful shapes.
Medals - coins attached to metal plates.
Mosaics - handmade works of art using glass tiles or other materials.
Statues - representations of people made from wood, stone, or bronze.
Symbols - images, designs, or objects which have special meaning for one group of people but not others.
Trophies - awards given to show that someone has won something.
Vehicles - machines designed to travel on land or on water.
Weapons - tools used for fighting such as swords, knives, and guns.