diff --git a/CHANGELOG.md b/CHANGELOG.md
index 8e24f49a9..3cdc2d7d8 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -12,6 +12,8 @@
 
 ### Fixed
 
+- `Collection.from_dict` and `Collection.from_file` now correctly construct `Asset` objects.
+
 ### Removed
 
 ## [1.0.0-beta.2]
diff --git a/pystac/collection.py b/pystac/collection.py
index ababda2ae..7f7e7b0b6 100644
--- a/pystac/collection.py
+++ b/pystac/collection.py
@@ -715,7 +715,9 @@ def from_dict(
 
         if assets is not None:
             for asset_key, asset_dict in assets.items():
-                collection.add_asset(asset_key, Asset(asset_dict))
+                asset_dict = dict(asset_dict)
+                asset_dict.setdefault("media_type", asset_dict.pop("type", None))
+                collection.add_asset(asset_key, Asset(**asset_dict))
 
         return collection
 
diff --git a/tests/data-files/collections/multi-extent.json b/tests/data-files/collections/multi-extent.json
index 754c3095c..e6f4bdfa1 100644
--- a/tests/data-files/collections/multi-extent.json
+++ b/tests/data-files/collections/multi-extent.json
@@ -56,5 +56,13 @@
       ]
     }
   },
-  "license": "proprietary"
+  "license": "proprietary",
+  "assets": {
+    "asset": {
+      "href": "/path/to/asset.json",
+      "title": "asset title",
+      "description": "asset description",
+      "type": "application/json"
+    }
+  }
 }
\ No newline at end of file
diff --git a/tests/test_collection.py b/tests/test_collection.py
index cb341f7a0..ddac7d2ea 100644
--- a/tests/test_collection.py
+++ b/tests/test_collection.py
@@ -175,6 +175,19 @@ def test_collection_with_href_caches_by_href(self) -> None:
         # cached only by HREF
         self.assertEqual(len(cache.id_keys_to_objects), 0)
 
+    def test_assets(self) -> None:
+        collection = pystac.Collection.from_file(
+            TestCases.get_path("data-files/collections/multi-extent.json"),
+        )
+        result = collection.assets["asset"]
+        expected = pystac.Asset(
+            href="/path/to/asset.json",
+            title="asset title",
+            description="asset description",
+            media_type="application/json",
+        )
+        self.assertEqual(result.to_dict(), expected.to_dict())
+
 
 class ExtentTest(unittest.TestCase):
     def test_spatial_allows_single_bbox(self) -> None: