While cryptocurrencies and non-fungible tokens are hot topics in the investment world, interest in more non-digital objects is still very much alive and well.
With record auction prices and extensive waitlists across the world, demand for collectibles like artwork, rare coins, stamps, fine wine, whisky, watches and even classic cars appears to have heightened over the pandemic period.
"Our business has been completely transformed since Covid," says Lee Hames, chief operations officer at Lloyds Auctions, an auction house and valuers.
"Not only are we seeing more items come to sale, we're also seeing a huge demand among people trying to secure these assets. Take classic car auctions, which have gone from 100 lots per month to 400 lots per month, and that's just continuing to grow."
As in all asset classes, there's great variation in the performance of different collectibles over time, but the general trend has been up. Knight Frank's latest global Luxury Investment Index, which tracks 10 luxury collectibles, recorded an overall 9% in value throughout 2021 - the highest rate of growth since 2018.
Fine wine and watches (up 16%) and art (13%) were the largest growth categories for the year, though rare whisky remains far and away the best performer over the past decade.
"The Covid-19 pandemic certainly hasn't dented the enthusiasm of collectors, who have continued to pay significant amounts of money for an increasingly eclectic mix of assets, including basketball sneakers, comics and even meteorites," says Andrew Shirley, editor of Knight Frank's The Wealth Report.
この記事は Money Magazine Australia の June 2022 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Money Magazine Australia の June 2022 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
Is the public market shrinking?
Australia needs a healthy stock market to give companies access to funds and to allow retail investors to build wealth.
India: three steps to transformation
Massive investment and extensive reforms turbocharge the economy.
The ballet of business
Changing direction, products, models and marketing is a hard task for a business. We chart what it takes to turn a business around, plus profile four successful pivots.
Save money and the planet
Could the high cost of living give us the incentive we need to reduce how much water and energy we use or waste? These eco-friendly household tips will help you do just that.
AI adoption is the new black
Artificial intelligence is set to reshape the commercial world, and small enterprises can’t afford to miss the boat.
Spam attack! Murky laws jam our inboxes
Unwanted marketing material is one of the pain points of modern life.
From rags to riches in style
Rich Tran sported a bowl cut until he was 14 years old and had no intention of becoming a hairdresser.
New work deals are killing the 'old' office
The Covid pandemic and the subsequent lockdowns accelerated the trend to more people working from home. It was a mixed experience.
Points taken: the truth about rewards
Can hopping between credit cards really boost your frequent flyer haul and give you cheap or free travel - or is it doing more harm than good behind the scenes? Money puts it to the test.
Shortcuts to own a home
Innovative ideas with a focus on low costs and sustainability could help solve the housing crunch.