some Valid thought Rich..thanks for share
Tom
Hollywood dream Factory®
since 1977
On 2023-06-17 17:46, sales comic-art.com wrote:
Allan, you probably don't get lots of HA catalogs beyond movie
posters so you'll undoubtedly be surprised to hear that beyond movie
posters - none of their catalogs have estimates of any kind, just
opening bids.
the comics catalogs have no estimates
the entertainment catalogs have no estimates.
rock & roll auctions - no estimates
art, coins.. no estimates. just opening bids.
today is the modern props auction. there was no catalog, but there
are no estimates listed for the list view catalog.
I think it's smart. why hamstring the prices realized with a
pre-stated expectation?
It's auction and the market on that day should be the arbiter of
value. if you want to consider what values are, you can always examine
prices realized
of course, by and large, poster collectors are entirely resistant to
higher prices anyway., which is why the Forbidden Planet poster Randy
Ringenberg had on his wall all weekend in Columbus did not sell at
$6500. a keystone poster in this hobby which should be 20k by now. I
sold my last one in 2005 for $8500, which sure looks like a poor
investment for the buyer as it appears in the current market.
the poster hobby is failing in this manner. It's why a NM
Frankenstein one sheet sold for just $320k in April. It's what it
would have sold for 10-15 years ago. any comic book sold in 2005 for
$8500 is worth 30-50k today.
of course, it easy to understand that poster collectors as a whole
are kinda cheap and there is no investment appreciation to speak of,
except in a very narrow band (Star Wars, certain modern era titles,
Dracula). This isn't good for the hobby, as it doesn't help to bring
in new buyers.
of course, if the second largest business in posters does not buy
collections, that is also a poor commentary. HA will buy collections.
Most dealers will buy collections, but the second largest seller of
posters by dollar amount does not. They don't 'put any skin into the
game' so to speak. What does that say to people who are interested in
getting into the hobby?
every part of life, from cars to food to real estate, is worth or
costs way more than 20 years ago, but posters are pretty much
moribund. you should have seen how cheap lobby cards were in Columbus
resistance to value appreciation stands alone in the world of
collectibles.
it's a negative for the hobby and speaks ill of it's future.
Rich
-------------------------
FROM: MoPo List <mopo-l@LISTSERV.AMERICAN.EDU> on behalf of Alan
Heimann <alanheim...@gmail.com>
SENT: Saturday, June 17, 2023 6:09 AM
TO: MoPo-L@LISTSERV.AMERICAN.EDU <MoPo-L@LISTSERV.AMERICAN.EDU>
SUBJECT: [MOPO] Heritage VHS and home entertainment catalog
Received it..how come no estimates on the lots?
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