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December 3, 2008 2:22:12 AM CST



Smells Like Teen Nostalgia

Posted May 8, 08 3:36 PM CDT in Arts & Living 

(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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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)
Christies Auctions Off Rock N Roll Memorabilia   (Getty Images)
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)
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)
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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