Collectors’ items can accrue value for a number of reasons. From first-edition books and comics to rare coins and baseball cards, items can fetch high sums at auction due to nostalgia, personal connections, rarity, or the simple desire to beat out rival buyers.
How apt is your instinct for how much cash rare items have netted at auction? Test it out with this quiz.
Why We Bid So High At Auction

There are a variety of sociological and psychological factors at play when it comes to why items can sell for such high prices at auction.
First off, a sense of scarcity and rarity can strongly influence people to fork over large sums of money for various items. An extremely rare baseball card, a coin that might only ever be on sale once, or a guitar used to record iconic albums can all prompt buyers to stretch their budgets to acquire the item.
Oftentimes, the process of making a sale at an auction begins far before the bidding starts. Marketing that includes detailed descriptions of an item’s value, and catalogs that allow buyers to visualize possessing items before bidding begins, can play significant roles in inspiring people to put more energy—and money—into their efforts to acquire items.
Additionally, a whole lot happens at the auctions themselves that can urge people towards spending ever-higher sums. Competition is a major factor that can drive prices up at auction, and each new bid can trigger an innate desire to beat a rival. This is why auction houses often prioritize attracting numerous bidders.
Typically, auction houses will begin with reasonable, relatively lowball sums. These can kick off momentum in the bidding process that can trigger an aforementioned sense of competition, sometimes creating a wild frenzy in which it can seem like there is no other option but to bid until you win.
The Most Expensive Items Sold at Auction

The 21st century has seen records broken across the board in terms of prices fetched at auction by all kinds of products. Art, of course, blows everything else out of the water. 2017 saw the sale of the most expensive item ever pawned off at auction—Leonardo da Vinci’s Salvator Mundi, which fetched a whopping $450.3 million at a Christie’s sale in New York.
Not everything that nets a fortune at auction is a classic piece of centuries-old art, however. Collectibles like baseball cards and comics have also been known to fetch massive sums. A 1938 first-edition copy of the first issue of Action Comics, which introduced Superman to the world, sold for $15 million at a 2026 auction.
Meanwhile, the most expensive trading card ever sold (spoiler alert for the quiz above!) is the 1998 Pokémon Japanese Promo Pikachu Illustrator (PSA 10), which sold for $16.492 million in 2026.
The card’s value was bolstered by the fact that it is the only Pikachu Illustrator with a perfect 10 gem-mint rating, and that it was sold in a diamond necklace worn by seller Logan Paul to his WrestleMania 38 match. The celebrity factor, the card’s rarity, and its high pedigree all helped the card beat out the record set by a 1952 Topps Mickey Mantle (SGC 9.5) baseball card for the most expensive card ever sold at auction.
Sometimes, seemingly everyday items can also make a decent amount of money if you know where and how to sell them. Collectors’ items like rare Beanie Babies, iPods, and vintage tour merch can fetch sums in the thousands, as can retro cereal boxes and discontinued drinks. Sometimes one man’s trash truly is another man’s treasure.
