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Mathom is a term introduced by Tolkien in the Prologue of The Fellowship of the Ring (1954):

Anything that Hobbits had no immediate use for, but were unwilling to throw away, they called a mathom. Their dwellings were apt to become rather crowded with mathoms, and many of the presents that passed from hand to hand were of that sort.

Tolkien got it from Old English, where it’s written maðm, meaning, “a precious thing, treasure, valuable gift.”

See also: Kipple, Collector, Den, Fannish Splendor.

Fanspeak 1954
This is a fanspeak page. Please extend it by adding information about when and by whom it was coined, whether it’s still in use, etc.