Medical Instruments: The Hot New Collector's Market

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are popular items in his sales for their exacting designs and beautiful ornamentation — signs of a different time in medicine."This is a very tactile business, and the principle or attribute that drives value beyond all others is form. Collecting medical items is highly similar to collecting watches and firearms. There is precision in the make, execution, and design," says Jeffers."It's a very visually pleasing category.

Also coveted for their beauty are traditional apothecary cabinets and vintage metal case pieces. One set of metal cabinets recently started a bidding war at Wooten & Wooten, in Camden, South Carolina. The pieces, sold by a retired surgeon, drew attention for their"steampunk feel," says owner ."If you can get medical professionals and collectors bidding against each other, you've got a good thing going because these young collectors are not scared to spend money.", president of Greenwich Auction and Antique Treasures, believes collectors flock to auction houses craving nostalgia, items that remind them of their childhoods, and tactile objects in an increasingly digital age.

This also includes the unusual. One avant-garde ophthalmologist offered an impressive collection of glass eyes refashioned into shocking cocktail rings of his own design."Strange always sells in our business," Johnson says.The nature of collecting ― particularly physicians collecting medical instruments ― suggests to auction managers that this sector's popularity should continue. Such extensive collections are built slowly as physicians track down curious objects over years.

This life cycle of redistribution upon retirement makes auctioneers confident the upcoming decade will be even stronger for the scientific instruments category. According to a 2020 report by the Association of American Medical Colleges, 45% of physicians are older than 55 across all specialties, and 2 out of 5 doctors who are currently practicing will reach the age of 65 in the next 10 years.

 

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