PDSnet Glossary

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Definition

An asset which acquires value independently of its inherent value because it is collected by a sufficiently large group of collectors. Collectibles can be anything from rare stamps, to coins, works of art and muscial instruments. The problem with investing in collectibles is that they often do not have an active secondary market which can make them difficult to sell. They are also difficult to value and often require an expert to provide a reliable valuation. Krugerrands are not collectibles and have no numismatic value. They are only worth the value of their gold content at the current gold price.

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