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Collectables are investments.

Collectables are limited-supply items that are desired for their potential value increase. Collectors can be considered as a hedge against inflation in a financial perspective. As they become rarer due to damage, loss, or destruction, their value may increase over time. The downside to collecting collectables is the lack of liquidity, especially for obscure items. Fraud is also a possibility.

From the 1960s to the early 1990s, the major years of production for contemporary collectables were the 1960s and 1970s. Many people purchase collectables today to use and enjoy, but many others buy them as investments. Many of these pieces were the subject of speculation markets. Duplicates are very common because so many people bought these pieces for investment. Even though many collectibles were labeled "limited editions", there was a large number of actual items. This means that there is not much demand for many, but not all, of these items, and their market prices are often low.

Collectables that were manufactured in the early days were used as incentives for other products. Popular items became a subject of "collectable fevers" and developed a secondary market. Many collectable items began to be sold individually, rather than being used as marketing tools to increase sales of other products.

Manufacturers often make a series of collectables to encourage collectors. Each item is differentiated in some way. For example, you might find Beanie Babies with different designs or sports cards depicting players. Many enthusiasts will attempt to build a complete set.

Collector editions offer another way to support collectables. Collector editions are rare and often contain extra content that could be of value to collectors. This is most common in videogames.

Collectable is an object considered to be valuable or of special interest by collectors. Collectables may not be monetarily scarce or valuable. There are many types of collectables, and there are different terms to describe them. An antique is a collectable which is of old age. A curio, or small, unusual item that collectors are interested in is called a curio. A manufactured collection is an item created specifically for collectors.

A "manufactured" collection (often called a contemporary collectable), is an item that was made for collectors. Plates, figurines and bells are all common collectables. The Gift and Collectibles Guild includes members from companies that manufacture manufactured collectables.