The Flow Of Capital Into Collectibles: A Sign?

in Threespeaklast month (edited)

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We have seen some absurd pricing of collectibles of late. People are bidding up items to levels that far exceed what most feel they would go for.

In this video I discuss if this might be a sign or not. Often people move money into assets they believe will withstand a crash. The flow of capital is vitally important.


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Currency confidence is the number 1 thing I worry about. One look at Venezuela is all I need to know about their confidence in their currency is almost dead. Everyone will find a way to preserve their wealth and I think this is one reason why people are looking to alternatives such as gold, silver and other collectibles. They believe it will hold the value much more than something that will probably become almost worthless.

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This is an interesting topic and I have to tell you, I see things a bit differently.

Collectibles are attractive to many because of the possible profit they are hoping to make sometime in the future. There are different types of collectors. Some are collecting everything they think, or hope to have some value one day in the future, from paintings to coins. Others are niche collectors, focusing on something specific, like coins issued between a certain period of time.

I'm not a collector, but am working with one, I'm responsible for making the deals and I know for sure those investing in collectibles because they are afraid of hyperinflation are less.

The majority of collectors do it regardless of hyperinflation. Owning something very limited edition means a lot, even if it's not an internationally sought after item. It means power.

However, you can own a painting for example, that is evaluated to billions, but if no one is able or willing to pay the price, the painting worth as much as the highest bidder is willing to pay for it.

I hope it's not too confusing :)

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I disagree as well with the hyperinflation and collectibles being such a great hedge.

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This NFT market is new in a digital way, but collectibles are not, we can predict the future of these based on the previous history of collectibles, so indeed we may see more of this.

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