How to Invest in Collectibles

Know what you're buying, and where the market is going. Don't invest more than you can bear to lose if the collectible doesn't produce the return you expected. Finally, find gratification in owning the items you collect, and don't purchase them with the expectation that they'll return anything but years of enjoyment.

They are more difficult to understand than average investments because they come with many risks that more traditional investments do not. Common risks include the high costs and fees, a lack of investment income or dividends, the prevalence of counterfeits, and a greater than average risk of destruction of the assets.