Collectibles definition

Collectibles means as defined in Section 408(m) of the Code, (a) any work of art; (b) any rug or antique; (c) any metal or gem; (d) any stamp or coin; (e) any alcoholic beverage; or (f) any other tangible personal property specified by the IRS as collectibles, other than collectibles that are held primarily for sale to customers in the ordinary course of business. Certain coins and bullion are not Collectibles as provided in Section 408(m)(3) of the Code.
Collectibles means, as defined in Section 408(m) of the Code, (a) any work of art; (b) any rug or antique; (c) any metal or gem; (d) any stamp or coin; (e) any alcoholic beverage; or (f) any other tangible personal property specified by the IRS as collectibles, other than collectibles that are held primarily for sale to customers in the ordinary course of business. Certain coins and bullion are not Collectibles as provided in Section 408(m)(3) of the Code.
Collectibles means rare or valuable coins, stamps, sports cards, sports memorabilia, comic books, movie posters, items autographed by recording artists, or sports, movie, television or other celebrities, game-used and other products or items the value of which is greater than the customary retail price of similar items or products because they are associated with a recording artist, or sports, movie, television or other celebrities or a well-known event and other products or items (such as antiques) which derive their value largely from their uniqueness or the limited quantity or availability thereof.

Examples of Collectibles in a sentence

  • The Purchaser shall have the right to audit, inspect and/or approve the process at any time before or after the delivery of the Collectibles.

  • We will pay up to the limit of insurance shown in the Declarations for this Collectibles Coverage.

  • We will pay for covered loss or damage to Collectibles property as set forth in Section I – Perils Insured Against, subject to the policy’s terms, limits, exclusions and conditions.

  • We will pay no more than the single item max limit as shown in the Declarations for any one item covered by this Collectibles Coverage.

  • Payment for covered loss or damage will first be made under your Collectibles Coverage limit.


More Definitions of Collectibles

Collectibles means that collection of cars, boats, and parts or accessories thereof identified and listed in an attachment to Garvey’s Financial Statement submitted with the DefendantsFinancial Information.
Collectibles means any single item of Merchandiser Product bearing a wholesale price in excess of [***].
Collectibles means any work of art, any rug or antique, any metal or gem, any stamp or coin, any alcoholic beverage, any musical instrument, or any historical object (documents, clothes, etc.), or as otherwise specified pursuant to Section 408(m)(2) of the Internal Revenue Code, other than Collectibles that are held primarily for sale to customers in the ordinary course of business.
Collectibles means and includes any work of art, any rug or antique, any metal or gem, any stamp or coin and any alcoholic beverage.
Collectibles means cars, memorabilia, luxury collectibles, watches, art, rare wine and spirits, rare books and intangible cash producing assets including, but not limited to, domain names, music and media right and contract royalties, or to the extent consented to by the Agent in its Permitted Discretion, such other similar collectible items with similar efficiency, resale value and maintenance intervals owned by Borrower (and, prior to the Restructuring Date, Holdings) or a subsidiary, together with, in each case, any and all non-severable appliances, parts, instruments, accessors, furnishings, other equipment, accessions, additions, improvements, substitutions and replacements from time to time in or to such cars, memorabilia, luxury collectibles, watches, rare books and other applicable collectibles.
Collectibles means cars, memorabilia, luxury collectibles, watches and rare books owned by Borrower or a subsidiary, together with any and all non-severable appliances, parts, instruments, accessors, furnishings, other equipment, accessions, additions, improvements, substitutions and replacements from time to time in or to such cars, memorabilia, luxury collectibles, watches and rare books.
Collectibles means wine, sports cards, dolls, model trains and other private collections or rare, unique or novel items of personal interest including memorabilia.