Traditionally, collectibles (real collectibles, that is, not
market-hyped fake collectibles) have done well in recessionary
environments. They may not go up in price as fast as they did during
"good times", but they tend to hold their value well when other things
are declining dramatically. I think that's what we see happening with
movie posters. Some have declined in price a bit (but this is probably
more those particular titles "going out of fashion") and others have
gone up slightly (fashion and age-trends again?).
In the case of the a genuine super-rare item, such as The Black Cat
poster auctioned by Heritage last week, the price will almost always go
up, regardless of what's happening in the overall economy. Collectors
will still buy for their collections when they don't have money for
anything else. It's one of the things that defines a true collector.
-- JR
Walton, Jeffrey wrote:
For I was outbid on every single item in the Heritage auction....every
item....didn't get any of them....oh well..more money for next time I
guess
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