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Gary Vaynerchuk says he'd buy a baseball card before a share of Tesla
Bloomberg Television· 2025-11-27 08:00
Let's start off with the super. I wasn't actually surprised by this, but it gets to this idea. I mean, it wasn't just the Superman comic, but we've had other sort of collectibles and I want to take out the clamps and the Frida Kahlo's because we know there's always been demand for that type of art.But to see Superman or to see, you know, a gold chain from the hip hop era get auctioned off at Sotheby's, you're starting to see things, particularly from my generation, that people are valuing in a way that I th ...
Gary Vaynerchuk says he'd buy a baseball card before a share of Tesla
Youtube· 2025-11-27 08:00
Core Insights - The rise in value of collectibles, including comic books and sneakers, reflects a shift in cultural valuation, with items from the hip hop era and contemporary art gaining significant auction prices [2][4][15] - Collecting is becoming a mainstream lifestyle, akin to fashion and music, with a growing trend expected over the next 5 to 10 years [4][14] - The valuation of collectibles is driven by demand and personal expression, particularly in a social media context where ownership is showcased [6][12] Collectibles Market Trends - Historical collectibles, such as trading cards and comic books, are now being valued similarly to traditional art, indicating a broader acceptance of diverse collectible categories [2][3][4] - The integration of collectibles into consumer packaged goods (CPG) strategies is anticipated, with companies like Hershey's leveraging collectibles to enhance product appeal [10][14] - The concept of fractional ownership and blockchain technology is emerging as a way to democratize access to high-value collectibles, allowing more individuals to invest in expensive items [12][13] Cultural Impact - Collectibles are fostering community engagement, as seen in events like Comic-Con, which highlights the cultural significance of these items [15] - The nostalgia associated with collectibles, such as trading cards and comic books, is driving interest and investment, as individuals seek to reclaim lost opportunities from their past [16]