Can Baseball Hats Be Investment Pieces?
In the modern streetwear era, sneakers have long since become more than a fashion statement. Now, they’re investments in their own right, with a thriving second-hand market. But what about baseball hats? Are your favorite New Era and 47 Brand hats an investment, too? Well, it might depend on a few factors. If they’re limited-edition and hard to find, they could be both a collectible and a fashion statement. Scarcity Creates Demand Scarcity creates demand. It’s the same across many different collectibles, from watches to sneakers, purses, and hats. If you have New Era hats that were only sold by a single brand in a limited quantity, other hat collectors are going to want them for their collection. They may want it because of the team, the style, the color, or the unique design. No matter the reason, because it’s rare, it drives up demand. In short, that’s what makes an item a collectible, which means rare hats absolutely qualify as investment pieces. Limited Edition E...