Smells Like Teen Nostalgia

As baby boomer baubles grow less desirable, collectors turn to Nirvana, G N' R
By Paul Stinson,  Newser User
Posted May 8, 2008 3:36 PM CDT
Smells Like Teen Nostalgia
Singer Courtney Love and her daughter Frances Bean Cobain pose as they arrive at a gala on Feb. 8, 2007, in Beverly Hills, Calif. Love, the widow of the Nirvana singer Kurt Cobain, says she intends to sell most of his belongings. "I'm going to have a Christie's auction," the 42-year-old singer tells...   (AP Photo/Mark J. Terrill)

Grunge is passé, but the market for its collectibles isn’t, reports Portfolio. Nostalgia plays a big role in determining what's hot, and prices on items of baby boomer vintage, even from the likes of the Fab Four, are starting to drop. Meanwhile, the demand for Gen X artifacts—skateboards, Star Wars figurines, old video games—is on the rise. 

"A guitar of Kurt Cobain's was worth maybe $10,000 a decade ago," says one expert. "Today, you couldn't touch one for less than $100,000.”   (More Generation X stories.)

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