5. The benefits of buying collectively (Part 2)

Consider the possibilities of buying collectively …

The following items from a variety of memorabila categories have come came up for sale at various auction houses around the world, and will give you some idea of the scope for buying collectively:

Sport

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Michael Jordan’s Championship Sneakers Sell for Record $8 Million at Auction

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Set of six Lionel Messi 2022 World Cup Argentina shirts sell for $7.8 milllion

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142 Australian cricketers ‘Baggy Green’ caps sold at auction

Movie Memorabilia

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Darth Vader’s helmet, Audrey Hepburn’s dress, The James Bond car, Marilyn Monroe’s iconic ‘subway’ dress, The piano in Hollywood classic Casablanca, Dorothy’s ruby red slippers from The Wizard of Oz, R2-D2 from Star Wars

Art
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Consider these examples of Indigenous Australian art (and also for the potential to reward the original artist with royalties from the future sales)

Cultural items

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Abraham Lincoln’s Anti-slavery documents sells for $6.2m in New York

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A feather from a wattlebird that is sacred to Maori sells for a record $46,000 NZD


Clearly, there is enormous scope for the fractionalisation of memorabilia assets and to understand how this is possible, the following explains the incredible story of one of the most important inventions of the 21st century: Bitcoin and the blockchain.