I largely agree with Ira and disagree with Simon in some ways
for the most part, I win very little under $100,
and so the $19 min bp means nothing as I'm already paying 19.5%
if you only bid in the signature auctions, then
the $19 min has no effect as nothing sells under
$100 in those, so you're only talking about
Sunday auctions and in case people don't pay
attention, the average item price in an HA sale
is $70-100 on a weekly basis (last week they did
just short of $41k on 496 listings est $82 per item, with bp).
it has at best, a small effect
what about those sellers who drive down prices by
selling massive amount of posters for $20 and
less, including silent & golden age material that
previously sold for much higher prices? Aren't
they a negative worth discussing? Don't they have
a greater effect on collectors, devaluing their collections in real time?
Nobody forces anyone to do business with any
specific entity. You can choose who you spend
money with, just like I do. (this is part of the
capiltalist/consumerist theory)
If HA has something you want this week, I
seriously doubt the extra $5 has much of a curtailing aspect to it
Rich
At 08:29 AM 6/16/2016, Ira Rubenstein wrote:
I guess I come at this from a collector
view. And I have never sold anything that I
have bought before. So I am probably a little
naïve about it all. And if I was selling a
lot of items, then of course I would want a
maximum of options to sell through.
To me the relationship between auction houses
and dealers is symbiotic. They both need each
other. Dealers bid on auction items all the
time in an effort to find something to
resell. This helps maintain a floor on
pricing. I am sure dealers sell through auctions
at times well when they need to liquidate or
manage inventory. And I dont think this is
exclusive to Movie Posters. (Books, Coins,
Stamps, Baseball cards, Art, etc
) All areas
of collections have dealers and auction houses.
From a collectors stand point I have
relationships with many dealers both in Movie
Posters and Animation art. One animation art
dealer has done an exceptional job of always
calling me when he finds something he knows I
will be interested in. Many others
dont. But as a collector it is also fun to
participate in Auctions because there is always
one item you are looking for. Comes up from
time to time. You lose out a few times and
then you win. And the fun is to finally
win. And at a price you can afford. Or you
realize you have to save more to get what you
want. OR you see a poster you have never
seen before and you decide it looks amazing and
you want to hang it on your wall. Thats the fun of discovery.
So to me, having healthy auction houses and
healthy dealers is best for everyone. I dont
think one can survive without the other. And I
dont think it is a win/lose situation.
I cant speak to people leaving the hobby or
staying in it. I would think a lot of it is
age of the typical collecting consumer and what
type of films they grew up with. I am amazed
at what 80s film posters are selling for when I
know there are tens of thousands of copies of
each one. (Having worked in the film
marketing world) To me, these are the
films of their youth and thats what they want
to hang on their wall. It can also be that as
people get older they look at getting rid of
things, smaller homes, wanting the money to
do other things as they live in retirement.
I can also see for myself in the next 10 to 15
years as I downsize, I will probably be forced
to look hard at starting to sell my
collection. And figuring out the best way to
do that. Who knows, it may be my retirement
career, joining all of you in the dealer world. :)
Personally, as a collector/consumer I do like
Heritage and I like Bruce at
emovieposter. The auctions are well
run. Accurate
descriptions. Pictures. Billing and packing
are easy. A lot done digitally. Heritage Live
on a mobile platform is very impressive
tech. In my area of work, I am always
reminding people to focus on the consumer and
both of them have done that. Very well. And
if you focus on the consumer first, you will
always win. (Steve Jobs lesson)
Thank you all for your thoughts. I enjoy these
type of discussions as I learn more about the
hobby and the business of posters.
Best,
Ira
From: MoPo List
<<mailto:mopo-l@LISTSERV.AMERICAN.EDU>mopo-l@LISTSERV.AMERICAN.EDU>
on behalf of Simon Oram
<<mailto:fab5fre...@btinternet.com>fab5fre...@btinternet.com>
Reply-To: Simon Oram
<<mailto:fab5fre...@btinternet.com>fab5fre...@btinternet.com>
Date: Thursday, June 16, 2016 at 10:41 AM
To:
"<mailto:MoPo-L@LISTSERV.AMERICAN.EDU>MoPo-L@LISTSERV.AMERICAN.EDU"
<<mailto:MoPo-L@LISTSERV.AMERICAN.EDU>MoPo-L@LISTSERV.AMERICAN.EDU>
Subject: Re: [MOPO] Heritage charges
Yes I think Wim pointed out by what you wrote
Ira..dominant by definition that means,
control or power over others and when that
happens a market becomes stale and unexciting,
the business of collecting and dealing did seem
all more exciting a few years back.
It also seems to me that allot of people who had
taken up collecting around the millennium mark
are, dropping like flies out of the market
place, selling up and moving on from it. I can
only write what I have been told but, I have
been asking. Heritage promises the world to its
consignors and they expect to get it, its a
possibility that people only trust them with it.
Simon
From: <mailto:w...@bqjansen.demon.nl>Wim Jansen
Sent: Thursday, June 16, 2016 3:09 PM
To: <mailto:MoPo-L@LISTSERV.AMERICAN.EDU>MoPo-L@LISTSERV.AMERICAN.EDU
Subject: Re: [MOPO] Heritage charges
I would say as a animation collector too, I
was very impressed with their recent animation
auction. They have quickly become the
dominant auction house for animation art.
Theres your answer, coming into the market,
flooding it with volume and eliminate the
original expert dealers without needing the
expertise. Then after that you raise your percentages.
I have bought quite a few posters with Heritage
and i do trust and value Grey as a straight
business guy and a very knowledgable expert, but
I always have niggles in the deal after the
purchase. In those events I have had contact
with a lot of people. It seems like the entire
back office consists of temps, theres a huge
turnover of personnel. That does not feel good.
Wim
Op 16 jun. 2016, om 15:27 heeft Ira Rubenstein
<<mailto:irubenst...@pbs.org>irubenst...@pbs.org> het volgende geschreven:
I think you will see that through this
move, Heritage will eliminate people listing
lower priced items. As a business if they
can focus on higher ticket items there is a
higher return per item. There is a fixed
labor cost per item you list, and as a
business obviously you want to maximize your return per item.
I am not saying the increase on a min charge is
right or wrong. To me it is just a business
decision. I would say as a animation
collector too, I was very impressed with their
recent animation auction. They have quickly
become the dominant auction house for animation art.
I am curious to the last statement about how
the Film Poster Business has lost a lot because
of Heritage and their patrons. I am a
collector and not a dealer. How has Heritage
hurt the business? Is that a overall Dealer perspective?
I would also agree with the other statement
that there are lots of other venues and in a
free trade society, if something gets out of
whack, there will always be something new to balance it.
Anyway, my .02.
Ira
From: MoPo List
<<mailto:mopo-l@LISTSERV.AMERICAN.EDU>mopo-l@LISTSERV.AMERICAN.EDU>
on behalf of Simon Oram
<<mailto:fab5fre...@btinternet.com>fab5fre...@btinternet.com>
Reply-To:
"<mailto:fab5fre...@btinternet.com>fab5fre...@btinternet.com"
<<mailto:fab5fre...@btinternet.com>fab5fre...@btinternet.com>
Date: Thursday, June 16, 2016 at 7:41 AM
To:
"<mailto:MoPo-L@LISTSERV.AMERICAN.EDU>MoPo-L@LISTSERV.AMERICAN.EDU"
<<mailto:MoPo-L@LISTSERV.AMERICAN.EDU>MoPo-L@LISTSERV.AMERICAN.EDU>
Subject: Re: [MOPO] Heritage charges
Agree..I think it was good to start with now,
it seems the film poster business has lost
allot because of them? and their patrons.
Sent from my BlackBerry 10 smartphone.
From: Michael Greenwood
Sent: Thursday, 16 June 2016 12:23
To: <mailto:MoPo-L@LISTSERV.AMERICAN.EDU>MoPo-L@LISTSERV.AMERICAN.EDU
Reply To: Michael Greenwood
Subject: Re: [MOPO] Heritage charges
I'm sure they justified it to their
shareholders in the normal way...growth must
come at a cost...to the users. And I imagine
they were pleased with this news. The non-stop
greed in this world is really intense these
days! Thankfully this hobby has other venues and less grabby sellers.
M
----------
From: MoPo List
<<mailto:mopo-l@LISTSERV.AMERICAN.EDU>mopo-l@LISTSERV.AMERICAN.EDU>
on behalf of Tommy Barr <<mailto:tommymb...@gmail.com>tommymb...@gmail.com>
Sent: Thursday, June 16, 2016 5:21 AM
To: <mailto:MoPo-L@LISTSERV.AMERICAN.EDU>MoPo-L@LISTSERV.AMERICAN.EDU
Subject: [MOPO] Heritage charges
Just noticed that from this weekend Heritage
Auctions is charging a minimum buyer's
commission of $19, an increase of 36%. I just wonder how they justify that?
Tommy
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