Second-hand Collectibles Market Trends

Second-hand Collectibles Market Trends

Blockchain technology is being used to authenticate and verify the provenance of collectibles. Non-Fungible Tokens (NFTs) are also creating new digital collectible markets, with items like digital art and virtual trading cards gaining popularity. The rise of virtual auctions, driven by companies like Sotheby's and Christie's, allows collectors to participate in global auctions from the comfort of their homes. Celebrity collectors and influencers showcasing their collections on social media platforms can significantly boost interest and demand for specific types of collectibles. The minimalist movement and the popularity of decluttering influencers like Marie Kondo have led to more people selling unwanted items, increasing the supply of second-hand collectibles.