The Economics of Collectibles: Why People Pay for Nostalgia

Описание: Why do people pay so much for collectibles? Nick and Ben Beeri from Golden State Memorabilia and the Authentic Journey podcast dive deep into the fascinating world of collectibles, discussing why people pay high prices for autographs, Pokémon cards, sports jerseys, and unique memorabilia. Ben shares insights on the business model, economic factors, and sentimental drivers behind the demand for collectibles. They also explore the impact of celebrity culture, the future of collectibles in light of changing media landscapes, and the importance of ensuring authenticity in the market. Disclaimer: This video is not investment advice. Enjoy a detailed and engaging conversation that connects finance, economics, and collectibles!

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Chapters:

01:02 Understanding the Value of Collectibles
01:52 The Emotional Connection to Memorabilia
04:17 The Impact of Celebrity Popularity
12:16 Generational Shifts in Collectible Value
21:11 The Rise of Pokémon Cards
23:09 The Value of Collectibles
24:45 Future of Collectibles in a Changing World
28:13 Micro-Influencers and Collectibles
29:48 Historical and Unique Collectibles
38:00 Authenticity in Collectibles
45:21 The NFT Bubble

Disclaimer:

Anything in this channel is for informational and educational purposes only and is not investment advice. All information contained herein is based upon information available to the public. No representation is made that it is accurate or complete. No mention of a particular security, index, derivative, or other instrument on this channel is an offer to buy or sell or a solicitation of an offer to buy or sell the securities mentioned herein, nor does it constitute an opinion of the suitability and appropriateness of investing in any financial instrument. Please consult your investment advisor and do you own research before making any trading or investment decisions