$3000 for a thermos: Why dead company merch can be worth top dollar

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Corporate merchandise is everywhere, from coffee mugs to shirts and pens. Owning a Google hat or t-shirt isn’t especially cool – anyone can get their hands on one.

cool though? Having an original piece of swag from the infamous FYRE festival. Or Lehman Bros. Or Silicon Valley Bank.

But perhaps my favourite is the “authentic legendary” SVB thermos bottle. While it’s seen better days, with scratches along the outside and a logo that’s fading from white to a sickly grey, it can be yours for the modest price of $US2999.At $US211 billion, SVB is the second-largest bank failure in US history. But the largestbelongs to Lehman Brothers, whose $US600 billion collapse triggered the 2008 global financial crisis.

Fyre Festival is one of the most ridiculous events ever conceived. Festival attendees were promised a high-class event complete with luxurious villas. In reality, they were shoved into tents and fedIn 2020, the Feds seized and auctioned off Fyre Festival merchandise to help repay some of the $US26 million owed to island labourers and other victims.

Typically, you have to wait for a company to go bankrupt to buy such authentic memorabilia. You can occasionally get lucky with “alive” company merch too – it’s just not as consistently valuable.So where’s the best place to find company merch? Your best bet is to work at the company in the first place. Corporate gifts feel like useless clutter, but over my career, I’ve tried to hang onto at least one item from each place I’ve worked.

 

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