Memorabilia as an investment

[Mark17]

I define "investment" as something that holds wealth, and hopefully appreciates over time. So, look at what you are collecting, see if prices have been holding relatively steady over time, or preferably, going higher.

Memorabilia is very illiquid. It's probable that when you might need some cash, like in a major economic downturn, that would be the worst time to sell memorabilia.

So, overall, I'd say memorabilia is an investment in that it holds value generally. But it should only be a minor part of a well-diversified asset portfolio.