
MAJOR BANKS REPORT MOST VALUABLE COLLECTIBLES/HARD ASSETS IN THE WORLD
Posted By: Dr. Vernon Thomas, February 19, 2021
Gems and Jewelry Timepieces / Watches Fine Art Rare Coins Thoroughbred Horses Fabergé Eggs Classic Cars Fine Wines Chinese Porcelain Stamps Unlike “paper” assets, all of the above collectibles have intrinsic value and are a tremendous storage of wealth. These assets coexist and complement other financial assets. COLLECTIBLES/HARD ASSETS FACTS AND FIGURES Credit, Suisse, Nannette Hechler-Fayd’herbe, Adriano Picinati di Torcello The motives behind allocating a share of wealth to collectibles are as diverse as the collectors themselves – whether it be social recognition, philanthropy, or collecting for investment purposes and a store of value. Prior to the Covid-19 crisis, the…