You don't hold the item. It's held in a vault by one of various professional vault providers with contractual obligations. If you want the physical item you tur

You don't hold the item. It's held in a vault by one of various professional vault providers with contractual obligations. If you want the physical item you turn over the NFT and it's destroyed. Blockchains can be useful without totally replacing the legal system. Just making things a little better and more efficient is fine. In this case, it lets people easily trade collectibles without all the hassle of shipping physical items.