Collectibles: meaning, definitions and examples

Etymology

• The term 'collectible' is formed from the verb 'collect', which means to gather things together.
• It became widely used in the early 20th century, as people began collecting antiques and unique items as hobbies.
• In 1970, the word started to gain more popularity with the growth of comic books and trading cards as valuable items.

Pop Culture

• Collectibles play a major role in fandoms; items like action figures and memorabilia can define a fan's identity.
• Movies often generate collectibles, such as limited-edition posters and autographed merchandise, appealing to dedicated fans.
• Popular video games often include collectible items, creating excitement and a reason for players to engage more deeply with the story.

Finance

• Collectibles can appreciate in value over time, sometimes becoming profitable investments for collectors.
• The market for collectibles has exploded, leading to auctions where items can sell for hundreds of thousands of dollars.
• Certain categories, like vintage toys or rare coins, have proven especially lucrative for collectors when bought and sold at the right time.

Psychology

• Collecting can provide a sense of accomplishment and boost self-esteem as individuals complete their collections.
• Some psychologists suggest that collecting helps people cope with stress or feelings of loss by providing a focus and purpose.
• The thrill of the hunt and finding rare items can release dopamine, creating a pleasurable feeling for collectors.

History

• People have been collecting items for centuries, dating back to ancient civilizations that valued specific artifacts.
• Collecting coins can be traced back to the Roman Empire, where citizens sought out rare pieces as symbols of wealth.
• During the Victorian era, curiosity cabinets became popular, showcasing strange and rare items as a reflection of the owner's interests.