Most of us partake in a little retail therapy from time to time, however fleeting, there is an undeniable “feel good factor” for most people. Perhaps it might be a car, the new i-phone or a new dress… whatever you buy for yourself, most of us probably will not find that the item increases in value purely because we owned, used, borrowed or wore it. Historical artefacts and increasingly the everyday items used by well-known figures are very much collectors’ items. The National Trust have recently launched a £7.1m appeal (click here) to acquire Winston Churchill’s various “items of national importance”. As you may imagine, there is considerable debate over the use of the money, after all what real national interest is being served by purchasing his hairbrush (“simply irreplaceable”) or House of Commons Birthday Book. I’m not so convinced… are you?
Happy birthday to you…
It is not simply these more historical figures that get buyers and collectors into something of a frenzy, as you will probably be aware, the cult of celebrity also has a spin off “once worn by” market. In November the dress worn by the marvellous Marilyn Monroe as she sang “Happy Birthday” in 1962 to JFK is up for sale again. It was last sold for $1.26million and experts are expecting this figure to be doubled on 17 November. So if you have a few million dollars and want to feel like it (wearing the dress?) then don’t miss the auction in Los Angles. If you simply wish to see it in person, its being shown in Ireland at Newbridge Silverware, (about 30 minutes from Dublin) where you can see this and many other outfits worn by celebrities.
You can read more articles about Pensions, Wealth Management, Retirement, Investments, Financial Planning and Estate Planning on my blog which gets updated every week. If you would like to talk to me about your personal wealth planning and how we can make you stay wealthier for longer then please get in touch by calling 08000 736 273 or email firstname.lastname@example.org
Feeling like a million dollars…Dominic2017-01-06T14:39:14+00:00