TMCnet.com posts this report that the antiques and collectibles industry continues to grow:
“Collecting is like an addiction; it’s in your blood. People who are collectors will always buy no matter how they are doing financially. It’s just a matter of quantity.”
Given the industry’s recent growth, Shepard might be right.
Sales at Christie’s auction house totaled more than $3 billion last year, an increase of 25 percent from the year before. And eBay, which sells collectibles, antiques and other goods, reported that $44.3 billion worth of merchandise changed hands last year, a 30 percent increase compared with 2004.