Word: memorabilia
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Death and nostalgia are proving to be a money-making opportunity for music memorabilia collectors and big auction houses who are hawking everything from Michael Jackson's iconic white glitter glove to old ticket stubs from rock's legendary Woodstock festival. (Woodstock Remembered: A legendary photographer looks back...
...Interest and demand in music memorabilia is steadily growing despite the economic downturn...
...Rock and roll collectors with a passion for memorabilia can turn the hobby into a nest egg," says Leila Dunbar, a former director of collectibles at Sotheby's Auction house, who now heads up her own appraisal firm...
...have Wall Street clientele who are looking at rock n roll memorabilia as a way to diversify their portfolios," Julien says...
...Savvy music collectors, who began snapping up rockers' guitars, autographed albums, books and other items in the '60s, '70s and '80s are seeing the biggest gains as many were able to buy items at bargain-basement prices before the internet and sites such as eBay moved memorabilia collection into the mainstream. Baby boomers are driving the growth...