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1914 Baltimore News baseball card featuring a 19-year-old Babe Ruth in his rookie year
Brian Dwyer of Robert Edward Auctions shows a 1914 Baltimore News baseball card featuring a 19-year-old Babe Ruth in his rookie year in Chester, New Jersey, on Monday, November 20, 2023.

AP Photo/Ted Shaffrey

  • Stocks surged in 2023, but it was a rougher year for collectibles.
  • Indexes tracking whiskey, fine wine, and trading card prices all tumbled.
  • Rolexes also struggled as the Fed’s aggressive interest-rate hikes spurred Americans to cut back their spending on luxury items.

Stocks and cryptocurrencies had a banner year in 2023, staging rallies that defied market gurus' gloomy outlooks – but it was a much rougher year for collectibles.

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Markets, economy, mi-exclusive, Markets, Stocks, stock-market-analysis, stock-market-outlook, stock-market-strategy, investing-analysis, investing-outlook, investing-strategy, Whiskey, fine-wine, fine-wine-investing, watches, rolex, patek-philippe, audemars-piguet, trading-cards, baseball-cards, mickey-mantle, Features, alternative-assets, luxury-watches, Collectibles, watch-collector
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Whiskey, Rolexes, and trading cards are in a spiraling crash as "the bubbles ha…