Collecting can be a passion that is hard to let go of, especially when you have enough monetary support to fuel it. Even though luxury collectibles can be a form of investment, the reason why most people collect is because it can be an amazing hobby. The driving force behind a collector is always the sheer obsession and craze, and it is the emotion behind every collection that makes it a great one.
In the modern age, some people still hold on to the classic collectibles like vine, whereas some have taken up more contemporary obsessions like designer shoes. If you do a research about some of the greatest collectors of all times, you will see one prominent facet: it is not what you collect, it is how you collect it!
I still hold on to one rule: one should never collect for the sake of collecting, but only if they are truly obsessed with something. If I decide to start a car collection someday, I might fail after some time; not because cars aren’t a great collector’s item, but because I lacked the fervor and enthusiasm required to make an amazing collection (since I’m a novice when it comes to cars).
When talking about luxury collectibles, I cannot help but write about some of my personal favorites:
Watch collecting has been an obsession for a lot of people, ever since the first pocket watches and timepieces were invented. This is definitely one of the most expensive collectibles, considering the sky high prices of renowned watch makers like Cartier and Patek Phillipe. With new variations in watches every now and then, the collection will always have room for another timepiece.
Another vintage collectible item, coin collectibles, have an element of history instilled in them that I absolutely adore. Most popular coins for a collection are those that are extremely rare, were introduced for a very brief period of time, or the ones with a mint error. The rarer the coin, the better! This is one collection that I have already started, and I often indulge in rare coins from Collectors Corner and other coin marketplaces.
Believe it or not, collecting luxury bags is a rage these days, and I’m one of the victims of the trend. I particularly love the Birkin bag, and wish to leave behind Victoria Beckham’s whopping collection of over a hundred Birkin bags! Luxury leather goods like bags, designer leather shoes, and even wallets are becoming a contemporary collectible favorite.
Fine wine is yet again a very clichéd collectable item. However, it requires great taste and knowledge about wine; it is best to collect wines that age well. Wine collectors often have a built in chamber at home to hold their collectibles; there is something amazing about a huge rack stacked with classic wine that makes me want to start a collection!
All of my favorites above, along with other luxury collectibles, can cost a great deal of money to be collected with perfection. I admit; I wish I had the dough to collect all of these items, but it is best if I choose one collection and make it amazing.
Someone like me may not be able to depart with their collection so easily, but if you have the heart, you may sell a tastefully done collection for a lot of money. This is why collecting is a great investment, apart from being an inventive pastime.