Publisher: Maaal International Media Company
License: 465734
World auctions reveal that the love of history does not end, so some people always rush to buy Star collectibles that are offered at auctions because of their great love for them and their desire to get something that always reminds them of them, but various historical collectibles are sold with astronomical numbers.
Bonhams auction house, Friday, May 17, 2024, witnessed the sale of a handkerchief belonging to the Argentine American club Inter Miami player Lionel Messi, for 762,400 pounds (969 thousand dollars), and it is considered the handkerchief that witnessed Barcelona’s pledge to join Lionel Messi, at the age of 13, to its ranks.
Lionel Messi’s belongings… It is not the first or the last to be put up for sale at auctions, in which millions are spent to acquire some tools or materials related to a well-known and famous person, a wooden chair or medical glasses, or what is stranger, like a leech pumped by a star, may turn into something worth thousands of dollars up to millions, which is thousands of times its real value, but it gains “added value” because that item was used by a celebrity or was among his belongings.
The sale of these collectibles belonging to the stars and stars, is popular with fans of antiques, investors and enthusiasts, to own rare and unique pieces, and are willing to pay millions to keep this rare piece, which was once owned by his favorite star or Star.
In August 2020, a pair of Mahatma Gandhi glasses were sold for 260 thousand pounds after they were found halfway out of the auction house mailbox, and the glasses were bought through a telephone attempt from an American collector minutes after the auction .
A leather jacket of the late American pop singer Michael Jackson, who wore it in his famous comic song (Thriller), was sold for 1.8 million US dollars at an auction in Los Angeles, California, and on eBay for auctions chewing gum was sold by rock band star Gene Simmons for about a quarter of a million dollars.
People have come to look at the acquisition of collectibles of celebrities and stars, as in the circulation of assets.. And that it is an alternative investment that can bring imaginary profits.
In this context, Ikon market research predicts that high borrowing rates and the volatile economy have hurt art sales, and the celebrity collectibles market has lost its height, and is expected to expand to 762 billion dollars by 2032, a difference of 475 billion from last year.
Asia has been the growth engine for luxury collectibles, with Hong Kong sales rising by 33% from 2021 to 2022, according to Deloitte’s art and finance 2023 report, highlighting that private banks and family offices on average allocated almost 11% of their assets to art and memorabilia assets.