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Collectables can be used as investments.

Collectables are limited-supply items that are desired for their potential value increase. Collectors can be considered as a hedge against inflation in a financial perspective. Their value will increase as they become scarcer, damaged or destroyed over time. A drawback of investing in collectables, particularly for rare items, is the possibility of not having enough liquidity. There are also risks of fraud.

The 1960s through early 1990s were key years in the production of modern collectables. Although some people purchased collectables for their own enjoyment and personal use, others bought them as investments. Many of these pieces were the subject of speculation markets. Duplicates are common as many people buy duplicates for investment. While many collectables were listed as "limited editions", their actual production numbers were very high. Therefore, many (but certainly not all) of the items produced in this time period are scarce and have low market values.

As incentives, early manufactured collectables included cigarette cards in cigarettes packs. Popular products developed secondary markets and often became the subject for "collectable crazes". Many collectible items were eventually sold separately instead of being used to market other products.

Manufacturers create whole collections of a collectable to encourage collection. Some examples include Beanie Babies cards featuring individual players and sports cards. Enthusiasts might try to get all of the variants.

Collector editions offer another way to support collectables. Collector editions are usually limited in number and can contain valuable additional content. This is most common in videogames.

Collectable is an object considered to be valuable or of special interest by collectors. Collectables aren't always rare or of high monetary value. There are many types of collectables, and there are different terms to describe them. An antique is a collectable which is of old age. A curio can be a small, often fascinating or uncommon item that collectors seek. A manufactured collectable refers to an item that is made for collectors.

A "manufactured" collection (often called a contemporary collectable), is an item that was made for collectors. Some items that are commonly collected include dolls, plates, figurines (including bells), graphics, steins and steins), as well as bells, graphics and steins. The Gift and Collectibles Guild includes members from companies that manufacture manufactured collectables.