Keep in mind that the term "psychic" is a broad one that encompasses clairvoyance, clairaudience, clairsentience, psychometry and a host of other psychic abilities.
While clairsentience allows the psychic to “pick-up” the emotions and physical reactions of others, unlike an empath, the psychic doesn't necessarily feel them as her own emotions or physical pain.
This relates to the ability of clairsentience.
This also relates to powers of clairsentience.
Some psychics are only able tell you who owned the object, while others may experience clairaudience, clairscent, clairsentience and other psychic phenomenon while holding the object.