Collectable

Collectable
Collecting
Collectable • Antique • Antiquities
Terms

Ephemera • Memorabilia
Premium • Prize
Souvenir • Special edition

Topics

List of collectables
List of hobbies

This box: view · object regarded as being of value or interest to a collector[1] (not necessarily monetarily valuable or antique).[2] There are numerous types of collectables and terms to denote those types. An antique is a collectable that is old. A curio is a small, usually fascinating or unusual item sought after by collectors.[3] A "manufactured" collectable is an item made specifically for people to collect.[4]

Although "collectable" is the spelling listed first for the adjective by the Oxford English Dictionary and is standard spelling in British English, the dictionary observes that the "-ible" form is also valid and this has come to be the common spelling in the United States.

Contents

The business of collectables

Created to be collected

A "manufactured" collectable (often referred to as a contemporary collectable) is an item made specifically for people to collect. The terms special edition, limited edition and variants such as deluxe edition, collector's edition and others, fall under the category of manufactured collectable and are used as a marketing incentive for various kinds of products, originally published products related to the arts, such as books, prints or recorded music and films, but now including cars, fine wine and other collectables. A limited edition is restricted in the number of copies produced, although in fact the number may be very low or very high.[5] A special edition implies there is extra material of some kind included. Some companies that produce manufactured collectables are members of The Gift and Collectibles Guild.[4]

Collectables in commerce

Manufacturers and retailers have used collectables in a number of ways to increase sales. One use is in the form of licensed collectables based on intellectual properties, such as images, characters and logos from literature, music, movies, radio, television, and video games. A large subsection of licensing includes advertising, brandname, and character collectibles. Another use of collectables in retail is in the form of prizes (items of nominal value packaged with or included in the price of a retail product at no additional cost) and premiums (items that can be "purchased" by redeeming coupons, boxtops, or proofs of purchase from the product along with a small fee to cover shipping and handling). Also, collectables have played an important role in tourism, in the form of souvenirs.[6] Another important field of collecting that is also big business is memorabilia, which includes collectables related to a person, organization, event or media, including t-shirts, posters, and numerous other collectables marketed to fans; but also includes ephemera from historical, media, or entertainment events, items that were meant to be thrown away but were saved by fans and accumulated by collectors.

Collectables as investments

Collectables are items of limited supply that are sought for a variety of reasons including a possible increase in value. In a financial sense, collectables can be viewed as a hedge against inflation. Over time, their value can also increase as they become more rare due to loss, damage or destruction. One drawback to investing in collectables is the potential lack of liquidity, particularly for very obscure items.[7]

History

The earliest collectables were included as incentives with other products, such as cigarette cards in packs of cigarettes. Popular items developed a secondary market and sometimes became the subject of "collectable crazes". Eventually many collectable items came to be sold separately, instead of being used as marketing tools to increase the appeal of other products.

To encourage collecting, manufacturers often create an entire series of a given collectable, with each item differentiated in some fashion. Examples include sports cards depicting individual players, or different designs of Beanie Babies. Enthusiasts will often try to assemble a complete set of the available variations.

Early versions of a product, manufactured in smaller quantities before its popularity as a collectable developed, sometimes command exorbitant premiums on the secondary market. Dolls and other toys made during an adult collector's childhood can command such premiums. Unless extremely rare or made as a one-of-a-kind, in a mature market, collectables rarely prove to be a spectacular investment.

See also

  • Collecting
  • Lilter.com
  • Collectors Weekly.com
  • Colnect.com

References


Wikimedia Foundation. 2010.

Look at other dictionaries:

  • collectable — index due (owed), payable Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • collectable — collectable, collectible Fowler (1926) said that the first is better, and this is still true. See able, ible …   Modern English usage

  • collectable — (also collectible) ► ADJECTIVE 1) worth collecting; of interest to a collector. 2) able to be collected. ► NOUN ▪ an item valued and sought by collectors. DERIVATIVES collectability noun …   English terms dictionary

  • collectable — [[t]kəle̱ktəb(ə)l[/t]] collectables also collectible ADJ GRADED A collectable object is one which is valued very highly by collectors because it is rare or beautiful. Visitors will be impressed with the enormous range of collectable objets d art… …   English dictionary

  • collectable — I UK [kəˈlektəb(ə)l] / US adjective 1) valuable because of being something that people want to own Some of his pictures are quite collectable now. 2) able to be collected or obtained II UK [kəˈlektəb(ə)l] / US noun [countable] Word forms… …   English dictionary

  • collectable — col|lect|a|ble [kəˈlektəbəl] adj also col|lect|i|ble [ ıbəl] something that is collectable is likely to be bought and kept as part of a group of similar things, especially because it might increase in value >collectable also collectible n ▪… …   Dictionary of contemporary English

  • collectable — also col.lect.i.ble adjective something that is collectable is likely to be bought and kept as part of a group of similar things, especially because it might increase in value: Art Deco glassware is very collectable right now …   Longman dictionary of contemporary English

  • collectable — /kəˈlɛktəbəl/ (say kuh lektuhbuhl) noun 1. an object of great antiquarian value, as a rare coin, often collected as an investment. 2. an object of no intrinsic value, as a matchbox or beer can, collected as a hobby or as a memento. –adjective 3.… …  

  • collectable — I. adjective see collectible I II. noun see collectible II …   New Collegiate Dictionary

  • collectable — col·lect·a·ble (kə lĕkʹtə bəl) adj. & n. Variant of collectible. * * * …   Universalium

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