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handoflixue comments on How To Have Things Correctly - Less Wrong
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I think that for some people, and some things, it may be rational to value things with 'negligible market value' just because they are theirs. Examples are knicknacks that you bought as souvenirs of an enjoyable trip, gifts that you don't use but like looking at once in a while, photos, etc... I don't personally like having souvenirs lying around, and gifts that I don't use are annoying, but I know other people who seem to get a lot of emotional comfort from physical objects.
I'd say valuing something as a memento and valuing it just-for-ownership are different traits. I routinely gift away my dishes when I move because the effort of moving them is less than the cost of replacing them. I keep a box of ticket stubs, love letters, certificates / awards, and other mementos.
That said, there's definitely a failure state where everything gets labelled a "memento" to protect it from being thrown out.