It's no secret that we live in interesting financial times. We are just now emerging from the largest financial collapse of the past 70 years. In order to facilitate the recovery, The United States is printing paper money at truly historic levels.
This has led to a precipitous drop in the value of the Dollar. Investors here and abroad are scared of seeing the hard earned savings devastated by this monetary inflation. There is now renewed focus on all tangible, "hard assets." The result is record high prices for Gold and Silver, as well as extremely strong markets for collectibles such as rare coins, stamps, art, and yes concert posters. All you need to do is review the prices realized in our most recent auction for verification of this fact.
Please look at the attached high profile article that appeared on CNN. Note that high-grade guitars bring $1,000,000 while the most fantastic, rarest posters of all are still in the $10,000-$25,000 range, with dozens of super rarities worth well BELOW $10,000!!
We never believe you should buy for investment purposes only. It's the true collector that seems to ALWAYS make out like a bandit in the end. See previous posts for why. But the fact remains there ARE people doing this and that means prices are headed much higher.
We agree with the attached article that its important to understand the GUARANTEES that come with the memorabilia you acquire and PAE offers the strongest guarantee available anywhere.
If you want to build a world class collection of vintage concert posters, now is clearly the time to do it!
Read the article here:
http://www.cnn.com/2011/BUSINESS/03/09/clapton.guitars/index.html?hpt=C2
