Royal memorabilia sales, boost failing Chinese economy but impacts value of collectors' assemblages
The death of the Queen and accession of the King has brought an unexpected boost to China's economy, which had sufferred a downturn over covid restrictions. The boost comes from being able to clear warehouses of soon to be unsaleable tat at knock-down prices and replace it with premium-priced tat.
Meanwhile in the UK, collectors of royal memorabilia have been stunned to learn that the value of their collections had fallen dramatically in value. "This has come at the worse possible time for me" said soon to retire Agnes Herringbone, a prolific collector. "I was looking forward to selling my collection to fund my retirement; and getting a world cruise out of it as well, but not even charity shops are interested in it now."
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