Luxury Collectibles: The Rise of Rarity in 2025

Despite a slight overall decline, the luxury collectible market shows signs of stabilising, with impressionist art prices rising by 13.6% and watches gaining 5.1% in value. Factors like rarity and provenance have driven demand, alongside a shift to digital and fractional ownership models among younger collectors.

Luxury Collectibles: The Rise of Rarity in 2025
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The luxury collectibles market has experienced mixed fortunes, according to the latest data from Knight Frank's Wealth Report.

While prices for impressionist art rose by 13.6%, classic car values saw a reduction of 3.7%, and whisky bottles fell 10.9% during the October-December 2025 period.

Demand is driven by rarity, cultural significance, and exceptional provenance, with watches, particularly Patek Philippe models, holding strong resilience.

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