The collectibles market has been flourishing for many years now. Its reach has generated global interest that is still elevating it toward unexplored and evocative territories.
I collectibles represent a multifaceted opportunity, both for collectors and for auction houses, companies, and firms that deal in grading.
When talking about collectibles, these are the items that are sought after and kept not so much for their practical usefulness, but for the emotional and historical value they represent.
Value that is determined by a whole series of parameters strongly connected to the period in which they were produced, or (for example) the special edition in which they are contained, and other possible factors closely linked to the collector, the emotional aspect if we want to call it that.
The collectibles market, as we mentioned earlier, has reached such vast dimensions that it has become a sector of its own, capable of impacting stock market indices and shifting balances: sports cards and trading cards, as well as action figures and football shirts of famous players, along with the iconic baseballs autographed by professional players, etc.
In an interesting piece of content viewed on Kevin O’Leary’s Instagram profile, the Canadian entrepreneur, who for a long time has also been taking an interest in memorabilia, was talking about the Labubu phenomenon, that sort of stuffed toy with pointed ears produced by Pop Mart and made wildly popular thanks to the buzz on social media.
The reflection of O’Leary actually went much further, reasoning about the current orientation of the collectibles market and how it has evolved exponentially: «I started looking at the market data from the last eight years, and what really struck me were sports trading cards.»
Il riferimento is precise and timely, because the numbers surrounding sports cards are extremely interesting: according to data analyzed by Market Decipher, the current collectible card market is estimated to be worth 33 billion dollars. Online auctions regularly see vintage items and special, rare cards sold every day (often unique, in fact), such as the famous case of the card signed by Michael Jordan and Kobe Bryant, sold for nearly thirteen million dollars.
A braccetto con i collectibles dal mercato fortemente in espansione, are joined by grading services that not only allow the authentication of the item in question, analyzed through strict parameters, but also its preservation: The Games Market, for example, provides this service that preserves the physical object and increases its value over time, respecting its identity and history
Aste online and private exchanges are the order of the day, as O’Leary still recounts in his speech, “about 380-400 million dollars a month of cards being traded.” The entrepreneur’s interest reflects the trend that is already taking hold and represents the most stimulating challenge, for industry professionals and alternative asset classes (as O’Leary defines them): the advance identification of those cards or sets of cards that could see strong demand in the future.
Anticipating the times, build the business, we could say, however the key to understanding it is a bit more complex and articulated than that.
Collectibles in recent years have become investment objects with the proliferation of online reference platforms where to buy, sell, and trade; moreover, the systematic outreach offered by content creators, streamers, and prominent social personalities (often themselves investors as well as enthusiasts) has potentially enabled anyone to enter a market that here too is growing, within boundaries that are still all to be defined.