When discussing categories in collectibles, including antiques, toys, coins, comic books and stamps, often the term rare is linked. But this is not always the case as collectibles fit in a mass produced bracket to drive consumer demand. However, there are always rarer and more collectible baseball cards for example, than other baseball cards of that genre.
• The term collectable (the British spelling) as defined by the Oxford Dictionary;
(often collectible) (Of an item) worth collecting; of interest to a collector.
• The term collector as defined by the Oxford Dictionary;
A person who collects things of a specified type, professionally or as a hobby.
And unique! When it comes to domains names, every domain name is unique,
it has to be! No matter how it stands.
Another example of domain name collecting goes to Aron Meystedt of Heritage Auctions, displaying one of his premium 2L domain names in the background via his screen, from a blog titled Collecting Gone Digital: A Guide To Investing in Domain Names
The Western contemporary art market has seen a surge of Chinese buyers repeatedly winning top priced paintings at auction by telephone bids from China over the last year.
This has never happened before, there has never been such demand from Chinese collectors in the Western market, as there is today.
It was reported by the Telegraph UK on 12th Nov 2015 that there is a gold bar and coin "buying spree" in China as investors sought to shelter themselves from further market volatility, according to the World Gold Council.
"Alistair Hewitt, head of market intelligence, said demand among Chinese investors was driven by the combination of the sharp price drop and the Bank of China's decision to devalue the renminbi in August."
China Is Not Buying Up The Internet!
I recently read a very good article by the respected domain investor and brand consultant Alan Dunn Titled "China Is Buying Up The Internet" posted on BusinessInsider discussing the Chinese domain name market. I don't quite agree with the title, considering the Internet is homogeneous and a domain name is a fraction of the Internet per se. China are buying up selected domain names, that's for sure.
Dunn interestingly also discusses 'rarity' of a domain name, "Going back to the rarity of things. Every type of dot-com domain has a defined supply. There are only 100 Number Number (NN) dot-com domains – standing for two-digit numbers, such as 51.com or 86.com."
So, if rarity is connected within the glossary of a domain name, then do we look at them being collectables?
Concluding with Altucher on Buffett.
James Altucher is one of my favourite writers/bloggers, he's direct and someone who has come from adversity to success; A wonderful and enlightening writer.
One Altucher post which I must urge you to read! Who Makes Money On Wall Street? Altucher with his finacial knowledge breaks the back of the stock market and that of Wall Street, quoting "You’re smart, talented and yet you want to use those talents to do some hocus-pocus that you think will put you ahead of the other 5 million people who are trying to win in the markets"
However, one main point Altucher defines is the business plan of one of the most successful traders in the world, Warren Buffett; that is HOLD FOREVER.