Collectibles

Alternative Assets
June 2026

2026 Direct-to-Consumer Wine Report

Silicon Valley Bank

Rob McMillan

Research

57 Pages

Silicon Valley Bank examines how the direct to consumer wine channel is navigating a difficult demand environment while revealing why some wineries continue to grow.

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Alternative Assets
June 2026

Why Owning the Moment Wins in a Changing Alcohol Market

BCG

Nicol Zhou

Research

8 Pages

The authors examine how alcohol companies can grow in a slowing market by focusing on specific consumption occasions rather than broad demographic trends.

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Alternative Assets
June 2026

The Collectible Market Bubble and Burst: Evidence from the Pre-and Post-COVID Stimulus Cycle, 2020-2025

Arthur Mota

Research

34 Pages

Arthur Mota examines how COVID era liquidity may have helped inflate collectible markets like Magic: The Gathering cards and classic cars. MTG Reserved List cards gained 165% during the stimulus window, but cars look more tied to the chip shortage once supply effects are controlled.

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Alternative Assets
May 2026

In Wine Country, Sales Are Down and Fraud is Rampant

The New York Times

Ian Frisch

Research

5 Pages

The New York Times looks at why wine fraud keeps surfacing as the industry faces weaker demand, climate pressure, and financial strain.

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Alternative Assets
April 2026

Emotional Yields of Collectibles

Research

100 Pages

Using up to 110 years of collectibles returns for 13 distinct asset classes, Elroy Dimson and others estimate a positive emotion yield for emotional yield for 24 of our 30 collectibles, with an annualized mean (median) of 2.64% (2.53%).

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Alternative Assets
April 2018

LEGO – The Toy of Smart Investors

Victoria Dobrynskaya, Julia Kishilova

Research

27 Pages

The authors explore LEGO sets as an unconventional investment, analyzing their return profile, risk exposure, and diversification potential within a broader portfolio context.

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Alternative Assets
September 2013

The Investment Performance of Art and Other Collectibles

Elroy Dimson, Christophe Spaenjers

Research

19 Pages

The authors examine whether collectibles such as art, stamps, and violins deserve a place in an investment portfolio.

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