I don’t think anyone is suggesting the hobby is dead. I suggest the Heritage auction this weekend will do millions. Rich’s point was merely a moment in time comparison to the huge explosion of other hobbies. I am frankly excited for the future! If prices lag, I will buy. If they grow I will smile. Indeed it is a wonderful hobby! G.
On Mon, Apr 18, 2022 at 7:00 PM Susan Heim <filmfantast...@msn.com> wrote: > Boy if you were watching Bruce's auction yesterday, there are definitely > certain titles that don't seem to be slowing down in value growth. I sold > my Pinocchio one sheet > a few years back for $6500, a good price at the time. Yesterday, it went > for close to $11,000 and those Marx Brothers cards went for a bundle. I was > amazed at > some of the prices Bruce's auction realized......a very good job with a > good variety of material. I had many customers who called me this morning > to order > frames for what they had purchased. > > I do an enormous amount of framing for the hobby and I have new > collectors coming into the hobby every week. A lot of them are young guys > who > begin by collecting material from the 1970's and 1980's and pretty soon > start collecting material from the 1940's, 50's and 60's.....and they have > a lot of > disposable income. > > So, I think the poster hobby is still pretty strong. The example of the > Forbidden Planet one sheet going for $8700+ yesterday is not unusual as > that poster > fluctuates around all the time. Remember, one sold at Heritage just a few > months ago in November for $15,000. I sold my own copy for $12,000 last > year. > > So, while we may be losing collectors in our hobby due to age or switching > to other collectables, we've got a lot of new collectors coming into the > hobby > with a lot of money to spend and big theater rooms to display everything. > > Sue > Hollywood Poster Frames > ------------------------------ > *From:* MoPo List <mopo-l@LISTSERV.AMERICAN.EDU> on behalf of Michael > Danese <0000013d65768e00-dmarc-requ...@listserv.american.edu> > *Sent:* Monday, April 18, 2022 9:42 PM > *To:* MoPo-L@LISTSERV.AMERICAN.EDU <MoPo-L@LISTSERV.AMERICAN.EDU> > *Subject:* Re: [MOPO] Interesting. > > All sad but true. I liquidated a large part of my collection a few years > ago with Grey’s help. I’m happy with what I kept, but miss a lot of what I > sold. All for the best. > The folks that love posters will continue to love them, but the reality is > that the number of those folks is shrinking. > Yes, buy what you love and you won’t be disappointed. > > Thanks, > MIchael Danese > > On Apr 18, 2022, at 5:16 PM, Grey Smith <greysm6...@gmail.com> wrote: > > > > All well said and sadly, many very obvious points, Rich. I think Heritage > will either keep the auction I built and succeeded with as much as any > house out there, or they will combine it with the Entertainment memorabilia > venue and cut back the quantity sold. > Many of the other collectibles have dramatically risen in value due to > third-party slabbing and grading, as you mention, which has led to > tremendous competition. Competition to complete runs in VF condition as > with what has happened in coins, ball cards, and especially comics. And I > suggest the staggering prices in comic art are an off-shoot of the comic > book explosion. > Yet, when an attempt was made to slab lobbies, MWC, which look fabulous, > it was generally pooh-poohed by the hobby. > I fear that posters may never explode as they are and never have been a > revered part of one's childhood like so many other collectibles are as they > were made to be collected. Posters were not. One just has to love having > them and owning them, regardless of the investment value. Why I always say, > buy what you love; then if you sell for a loss, you have had the pride of > owning it. > I have always worked to get the posters seen, as by seeing them, > especially in person, one can see the magnificent beauty of the artwork. > This hobby seems to be the best-kept secret of all collectibles! > And finally, if you are looking for a fabulous selection of posters, maybe > one of the best in years, go to www.HA.com/7272. > This weekend, Saturday and Sunday! > It will blow your mind! > Grey > > On Mon, Apr 18, 2022 at 3:27 PM Richard Halegua <sa...@comic-art.com> > wrote: > > It's no surprise to me that Heritage wants to 'up the ante' > > Heritage Signature auctions are a showcase, and it is the lowest > performing segment of their categories.... and there is a good reason for > it.. > > the movie poster hobby.. is broken > > let's take a look at other hobbies,like comic book and art. > This field has exploded. The increases in values over the past 20 years is > amazing, and the last 2 years has been totally off the charts. > fantastic Four #1 sold for $1.5M > Captain America #1 sold for $3.1M > the page of art by Mike Zeck that introduces Spidey's symbiotic costume > sod for a whopping $3.36M > and only a couple weeks ago, the Mile High copy of Superman #1 sold for > $5.3M > > please, tell me what movie posters are an analog for such activity? I'll > wait..... > > but there's more. > > Slabbed VHS tapes are out-performing movie posters > Slabbed Magic the Gathering cards are out-performing movie posters > Slabbed Pokemon cards are out-performing movie posters > > where are movie posters going? With the exception of some small areas like > Star Wars, jaws, Halloween, Scream.. Mondo posters (these are factually. > art prints, not movie posters), poster prices are dead in the water. > > In 2005, when I still had my gallery, I sold the last Forbidden Planet one > sheet I had for $8500. > Sunday, a Forbidden Planet one sheet sold for $8768.00 > 17 years later, and it's only worth the same price? > > please, tell me where an investment value is exhibited here. > > Great movie posters like Day the Earth Stood Still, Wizard of Oz, Gone > With the Wind, Ray Harryhausen titles etc etc etc.. where have they gone? > Has even one of these titles kept up with inflationary values? > > NO. > > Movie posters are being left in the dust. > > Why? > > In comics, values are measured by the highest prices achieved. So every > Captain America #1 was repriced last week to meet what is the current > appearance of increased values. > Every Steve Ditko page is marked up > Every Jack Kirby page is marked up and Terry & my own beloved EC art > (neither of us has any at this point) is shooting up like bottle rockets on > the Fourth of July > > But in movie posters, prices are measured by how many posters sell under > $20. > exactly how does that benefit the business end, or the investment > expectation people have when they spend money on tangible objects? > > In the comics hobby, if you have a collection you pieced together for 10 > years, you probably are not going to lose money on it, but if you collected > movie posters (in the general area up to certain values 5-10k), you will be > lucky to get 30-50% of your costs when you sell your collection. > > Fact, $8500 properly invested in 2005 should be worth at least $20,000 > today, and if it isn't, that is a real loss of dollars and of your future. > > Back to Heritage, another fact is that if Jim Halperin didn't like movie > posters, they wouldn't be a separate part of their line-up anymore. They > would be gone with the wind as a failed experiment. Grey Smith was brought > in by Jim to create this segment and it is, sadly, the lowest performing > area for them. Before anyone says I'm blaming Grey, no I definitely am not. > The hobby is hamstrung by the lack of a price guide, by the lack of a > grading system accepted and followed by *all* dealers and to be honest, > the constant attacks on auction houses & dealers from some quarters is a > major turn-off to many players. > > Magic the gathering has an annual convention here in Vegas. I've been > there. It's got free admission. It takes up about 120,000 sq feet at the > Sands Convention Center. They get more than 40,000 people. > We have Cinevent (now the Columbus Movie Picture Show) and are lucky to > get 300. > > These comparisons are harsh and are a direct reflection of where the > poster world stands. Heritage is trying to change that to some degree on > the poster auctions. They feel the need for this division to increase > annual revenues, in order to justify it's value to the corporate heads. As > a businessman, I totally understand their perspective. > > I'm not sure I have any answers on how to change the direction of this > hobby and to be honest, the new tube surcharges levied by the USPS, UPS and > Fedex have smacked down the value of modern rolled posters (in addition to > fighting the "we sell 90% of our auctions under $20.. See how great we > are"). Shipping & materials costs are brutal now. I can ship 10lbs of > posters to L.A. via UPS for $14 (as long as it is packed in a triangular or > square box) but a 2lb to NYC is $25-35 depending on which of the 3 shippers > you use. Selling $100 posters you can offset this shipping cost (of course, > it winds up in raised prices, if possible), but $20 are now worth $5, and > no one makes a living selling $5 posters, not even Missouri. My tubes cost > me $4.64 delivered. Try to add that cost into shipping & you get tagged > with complaints of gouging. (shipping & supplies costs are never fully > recouped by dealers) > > The hobby is broken.. I hope Heritage can help fix it. > > Rich > On 4/18/2022 10:22 AM, Tommy Barr wrote: > > Hi all, > > I was just communicating with HA regarding the criteria for inclusion of > movie posters in their Signature Auctions. I'm told that they are > looking for pieces which should realistically fetch a minimum of $1000, but > 'that value threshold may be raised in the future as we explore other > auction formats.' Wonder what they might be? > > Tommy > > ------------------------------ > > To unsubscribe from the MoPo-L list, click the following link: > https://listserv.american.edu/scripts/wa-american.exe?SUBED1=MoPo-L&A=1 > > > ------------------------------ > > To unsubscribe from the MoPo-L list, click the following link: > https://listserv.american.edu/scripts/wa-american.exe?SUBED1=MoPo-L&A=1 > > > ------------------------------ > > To unsubscribe from the MoPo-L list, click the following link: > https://listserv.american.edu/scripts/wa-american.exe?SUBED1=MoPo-L&A=1 > > > ------------------------------ > > To unsubscribe from the MoPo-L list, click the following link: > https://listserv.american.edu/scripts/wa-american.exe?SUBED1=MoPo-L&A=1 > > ------------------------------ > > To unsubscribe from the MoPo-L list, click the following link: > https://listserv.american.edu/scripts/wa-american.exe?SUBED1=MoPo-L&A=1 > Visit the MoPo Mailing List Web Site at www.filmfan.com ___________________________________________________________________ How to UNSUBSCRIBE from the MoPo Mailing List Send a message addressed to: lists...@listserv.american.edu In the BODY of your message type: SIGNOFF MOPO-L The author of this message is solely responsible for its content.
