Luxury Collectibles Market Sees Stabilization Amid Global Shift
The luxury collectibles market has witnessed a stabilization period, according to the Knight Frank Luxury Investment Index (KFLII) for the October-December 2025 period.
Key indicators show that prices of impressionist art rose by a maximum of 13.6%, while rates of whisky bottles fell by 10.9% among popular luxury collectibles.
Despite a 0.4% annual decline in the October-December period, Knight Frank observes a shift towards a more disciplined and selective global collector base, with collectors prioritizing rarity, cultural significance, and exceptional provenance.
Segments Showing Resilience
- Watches rose 5.1%, led by strong demand for Patek Philippe's Aquanaut and Nautilus models and continued resilience from Rolex.
- Classic car values fell 3.7%, though 'halo' models - such as the Ferrari F50 - remained in fierce demand.
Global Head of Research Comments
Liam Bailey, Global Head of Research at Knight Frank, stated, "After a cycle defined by extraordinary highs followed by rapid readjustment, the luxury investment market is now entering a more rational and more discerning phase."
"Collectors are increasingly prioritising rarity, provenance and cultural resonance - and younger generations are reshaping ownership models through digital and fractional platforms," Bailey added.
Performance Over the Past 12 Months
- Impressionist and Modern Art: delivered solid gains.
- Watches: delivered solid gains.
- Contemporary Art, Fine Wine, Prints, and Whisky: recorded declines.