The Astolat Dollhouse Castle is officially appraised at over $8.5 million. Itâs 9 feet tall, weighs over 800 pounds, and filled with 10,000 valuable miniatures.
The lock-up period may last as long as 180 days. In some cases, though, the lock-up period is graduated, meaning that after the initial 180 days you can sell an increasingly larger portion of your shares over the next two years. After the lock-up period ends, you are free to sell all your shares if you wish.
A lock-up period is a typical part of many investments. Almost all closely held investments have a lock-up period for new investors who buy in, as do new public companies. IPO lock-ups are perhaps the best-known type of lock-up period. After a company goes public, newly issued and newly public shares often cannot be sold for 90-180 days after they are first listed.