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May 13, 2008 7:39:06 PM CDT



Smells Like Teen Nostalgia  

Posted May 8, 08 3:36 PM CDT in Arts & Living    Editor's Choice

(newser) – 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.”  

Source Portfolio

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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...   (AP Photo/Mark J. Terrill)
Smells Like Teen Nostalgia
Christies Auctions Off Rock N Roll Memorabilia   (Getty Images)
Smells Like Teen Nostalgia
An undated file photo shows "Nirvana" lead singer and guitarist Kurt Cobain. The popularity and price of Gen X memorabilia have surged recently, with Cobain guitars fetching upwards of $100,000.   (AP Photo)
Smells Like Teen Nostalgia
U.S. music producer David Gest poses with some of his collection of entertainment memorabilia at an auction house in London, Wednesday, Nov. 21, 2007. The collection includes more than 120 presentation...   (AP Photo/Sang Tan)
Smells Like Teen Nostalgia
A staff adjusts an Andy Warhol painting 'John Lennon' on display at Christie's in London, Thursday, June 14, 2007. The painting is to be auctioned in a 'Post-war and Contemporary Art Sale' on June 20...   (AP Photo/Sang Tan)
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auction   memorabilia   Christie's   Generation X   guitar   Eric Clapton   Nirvana   Jimi Hendrix



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