anyone who handles his sales in the manner described by Michael is an idiot
reality: if you want to maximize the value of such a find, you sell
one insert now. Then you sell one in 6-12 months
next year you sell another ONE
the following year you sell another ONE
and on and on
Clearly, if you have 75 copies of this poster or anything similar and
you are, like myself, over-the-hill.. then you must realize that the
posters will outlive you. In other words, you'll still have 50 of
them when you die. Or you'll be selling them for $2000 each
but anyone who sells them faster than my outlined schedule is ruining
the value, and therefore - their income. We call them "idiots"
Rich
At 06:41 AM 8/1/2010, Michael B wrote:
hypothetical:
a man buys a house, and finds 75 Very Good Condition inserts of
Casablanca. YES, all originals. he, realizes their value, and does
the following:
1. consigns 15 to heritage. heritage immediately lists 2 in its
Signature auction, and 2 more in the Signature auction for the
following Signature auction (six months later). the other 11
heritage lists every three weeks in its Sunday night auctions after
the first Signature auction.
2. consigns 10 to emovieposter. bruce starts listing them
immediately over a six month period.
3. consigns 5 to various ebay consignment shops, who list over the
next 45 days ON EBAY WITH NO RESERVES, STARTING AT $500. they all sell.
4. consigns 5 to various poster dealers he found on MOPO, who list
them on ebay, all with MAKE BEST OFFER OPTIONS. they all sell.
5. he sends 2 each to christies, sothebys, profiles in history,
bonhams for immediate auction sales.
6. now he has 32 left..................so he 22 lists them himself
on ebay after the consignment shop auctions are over for 22
weeks. start price, 500, no reserve, they all sell.
7. he keeps 10.
WHAT IS THE VALUE OF CASABLANCA INSERT IN ONE YEAR?
mbb
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