I can't think of one thing I majorly collect... I have a few watches, but not a collection of a certain brand... Nothing really. I will say that I like to collect things that are limited quanity at the time just to have one, and I also like to collect one name brand big ticket item in every possible catagory imaginable, and when I say that I mean in shoes, clothes, sunglasses, watches, wallets, stuff in that nature.
I collect Asian Ball-Jointed Dolls. I made a post about them a while ago, they're highly articulated, posable, customizable dolls made of hand-poured resin. I have three. One is 23" tall, one's 17cm tall, and one, with a toddler-like body, is 3.5" tall.
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I collect Jordans. Real Jordans, not Team Jordans (see the "I remember when" thread). I have over 60 pairs of them.
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Same here, no team j's in my closet, but I've also got a nice collection of dunks/blazers/af1's...check the avy, 1 of my og dmp sets, not the crap packs they put out recently (5's and 1's)