Last week, a major article on certified collectibles took social media by storm and went viral through the collectibles industry. The article reports that our nation’s skyrocketing debt has led to a distrust of our nations currency and the future value of it.
The article says this distrust is encouraging people to turn to tangible assets that can be held in your hand and where the value can be easily understood. There are 3 pictures in the article, 2 of a comic book and one of a baseball card, all of which have been independently graded and authenticated by a third party service. The 2 comic book photos were of a CGC graded comic, the very same service that is now revolutionizing the market for Vintage Concert Posters.
When you read in this article about $3 million comic books and $17 million Ferrari’s, it’s easy to understand why experienced collectors are now entering our marketplace and snapping up the most desirable material they can find, as fast as they can.
It is not lost on the people we deal with that these posters were created in ridiculously low numbers, the vast majority have been thoroughly damaged, and the historical importance of this material is unsurpassed.
All of sudden, this year has sped by and the New Year is staring us right in the face. 2017 will be highlighted by the 50th Anniversary of the Summer of Love, and the focus and interest on the posters of this era will enjoy monumental attention. Our advice is to fill the holes in your collection now, while the material is available and can still be acquired for 5-10 cents of what comparable collectibles trade for.
If you are looking to sell posters, this is an excellent time, as demand far exceeds the available supply of top material. Please contact us to review how you can get immediate top prices for your holdings. We will buy your entire collection, we don’t pick and choose.
Whether buying or selling Vintage Concert posters, we look for to helping you achieve your goals!
To read the article on the collectibles market, click here!
Last Weekend. The Annual TRPS Festival of Rock Posters was held in the Hall of Flowers in Golden gate Park. This event is the primary gathering of dealers, artists and collectors, of vintage and modern concert posters. This is the singe greatest opportunity for collectors to meet with and buy directly from the top poster dealersand get posters signed by the artists . The show is also a perfect opportunity meet like minded collectors
This event is the collective effort of The Rock Poster Collectible Society. TRPS is an all volunteer organization committed to preserve and promote 1960’s concert poster art. The staff for TRPS was gracious and attentive, and their collective effort makes this event possible. It is their mission to create public awareness for this incredible body of work. The efforts of this organization are greatly needed in this ever-expanding market. As interest in collectible concert posters continues to surge, it is essential to have an organization that is independent and objective. We have always believed that for this market to grow and attract new buyers there must be a commitment to share accurate and credible information about values and
If you are not currently a member you can join here : http://www.trps.org/membership/
Obviously, the city of San Francisco is the ideal backdrop for the poster show as it was the original production/distribution point for the majority of these posters. To this day the city still carries the magical qualities that allowed the 1960’s music scene to flourish. The innovators of San Francisco poster art were on hand to sign their masterpieces for hungry fans. Wes Wilson, Mouse, Moscoso, David Singer Mari Tepper, David Byrd, Lee Conklin, Randy Tuten joyfully signing and sharing memories from the day.
The modern poster artists get a lot of attention at the TRPS show as well. Their passionate fans line up for hours to get copies of limited editions and rare variants from their favorite artists. The works of the of EMEK, Chuck Sperry, Marc Spusta, Matt Leunig (to name just a few)were on display and selling briskly.
It was an active day at the PAE table as well. We were delighted to get to meet with customers that we only know from the phone and email and put a face with them. It was great to get feedback from folks we work with all year long. Everyone was gracious and loved the information that we put out in this forum. We also lined up several longtime collectors who will be selling their posters in our auction in the coming year.
The energy in the room was palpable and the interest in the vintage posters is stronger than. The intensified interest in the third party graded material from CGC was a hot topic.
All Said and done, the 2016 Festival of Rock posters was a terrific time, it’s great to meet with all of the people that make this incredible collectible a reality.
Right on the heels of the news about the “ You Say you Want a Revolution- Records and Rebels 1966-1970” exhibition at the Victoria and Albert Museum in London comes a major article and online gallery featuring vintage 1960’s concert posters by The Guardian newspaper.
The collection was formed by the late Felix Dennis, a very successful and famous entrepreneur in Great Britain. Dennis is most widely known in the U.S. for his founding and ownership of Maxim magazine. In addition to expanding interest both in print, and online, the posters themselves were on display October 7 and 8 in a gallery in London.
While this continued widespread exposure to these posters is very important, this story is important for two other reasons.
First, anyone associated with this hobby will tell you that there is TREMENDOUS interest in these posters overseas. Icons such as Jimi Hendrix, Janis Joplin and the Doors are WORLDWIDE legends that transcend borders. This is one of the reasons these posters are more exciting than many collectibles that only enjoy collector appeal within the United States.
Secondly, we can tell you that we have many famous and influential clients that are active collectors of this material. They understand the myriad of reasons why these posters are desirable and they clearly have the financial wherewithal to acquire the finest and most desirable pieces.
What’s most exciting, is that unlike almost all other collectibles, the value of these posters have not yet grown out of reach of “the common man”. You can still acquire a museum quality poster with tremendous historical importance, that exists in tiny quantities for the same price charged for mass produced pieces of crap in every “Art Gallery” in America.
You won’t find the artwork hanging in your friends house’s hanging in any museum, but your Vintage Concert posters are being featured and praised everywhere, all over the world!
To see the Guardian's beautiful feature story, click here:
In previous blogs we have discussed there are two different ways that CGC is affecting today’s market for Vintage Rock Concert posters.
One group of effects can be called “First Order Effects”, which are obvious to all onlookers. Specifically, these “First Order” effects include 1) increased media attention, 2) this increased media attention results in a huge increase in NEW collectors that can now collect with confidence. 3) Since this rise in demand is chasing the same small supply, values go up. 4) And since dealers can easily quote buy prices for CGC graded posters sight unseen, liquidity is increased. 5) Also, since third party grading is inherently about distinguishing differences in quality, there is a huge focus on quality.
Not so obvious, are many second order effects of third party CGC grading that will also effect today’s rapidly growing marketplace for these rare artworks. Today, we will examine one second order effect which is INCREASED LIQUIDITY.
Every single day, we receive numerous calls and inquiries from people all over the world that have posters that they wish to sell to us or consign in our auction. The question is always the same, what can you pay for XXXXXX poster. Unless the poster is a famous one of a kind rarity, our answer is always the same, “It depends vastly on the condition and making sure the poster is authentic. If you send us the poster we guarantee to have a cash offer to you in 24 hours. If you accept the offer, (which over 9 out of 10 do) we will send immediate payment. If you don’t wish to accept the offer, we will Fedex your poster back to you immediately.
While most people are agreeable to this format, there are some people that want a concrete on offer on the phone regardless of condition. In this case, the seller hangs up disappointed. The poster winds up back in the attic where it has resided for the last 20+ years. And we don’t get the opportunity to acquire a fresh piece of art that would be savored by our clientele.
If the poster was independently graded and authenticated by CGC, this would never happen. The seller would be able to tell us exactly what they had, and in what condition. And we would be able to make a strong cash offer, sight unseen. We would both “win” and a transaction would be quickly consummated that otherwise wouldn’t take place.
Let’s take another example. Say a collector is looking for a rare piece for many years that is quite expensive. He locates one for sale, but has never done business with the person that has it, and there are no solid guarantees provided in writing. The buyer has a wide range of prices he is willing to pay, based on condition. Because he has never done business with this seller before, he is reluctant to buy the poster because he is not confident about the accuracy of the seller’s grading.
If the poster had been third party authenticated and graded by CGC, this problem would obviously be eliminated. The buyer would know exactly what he is getting and he would not be relying on the seller’s opinion at all.
In conclusion, the introduction of independent third party grading into any collectibles market drastically increases the liquidity of what’s being collected because the number of transactions explodes upward due to the increased ease in both buying and selling. In short, everyone wins!
For those of you that were unable to attend this week’s Long Beach Coin and Collectibles Show, we thought it would be best to report on the goings ons by using the words of other people that visited us at Table 411. “I’m glad you guys are doing this!”
That was the quote from one of the world’s top collectibles experts and dealers with 40 plus years of experience that includes a stint as co-owner of a major rock and roll collectibles business. Why did he say this? Because he understood that Vintage Concert Posters have widespread appeal, are historically important and are far rarer and much cheaper than most other collectibles. He was impressed by the CGC third party authentication and grading and thought the packaging also made it far easier to handle and store the posters in perfect condition. “You guys are really ambitious being here!
This was said by one of the world’s top coin dealers who was impressed with the non stop line of people in front of our table who wanted to view our inventory, learn about CGC authentication and grading and sign up for our email list and auctions. Thousands of collectors attended the show over 3 days and we added scores to our mailing list! “I totally get it, I’m in!”
This was said by a multi millionaire who is also a world class coin collector. He is in his late 60’s, grew up in the era, saw the concerts and now wants to jump into this market now that third party CGC grading is a reality. He’s been in the collectibles trenches forever, has made fortunes “playing” with his hobby and sees this new emerging market as ripe with opportunity. “It’s great to finally meet you in person!”
This was not said by one person, but by all the customers that came out to see us to both buy and sell. It’s always great to put a face with a name, review our inventory in person, buy posters that have been put away by our clients for decades, and share the many nuances and bits of information that we have to share with our clientele.
In conclusion, we exhibited at this show with the goal of exposing these incredible artworks and third party grading to the thousands of people that are already buying, selling and trading certified collectibles on a daily basis. To be honest, we didn’t know quite what to expect at the start of the event. We were blown away by the outpouring of interest and support and it was wonderful to meet the people in person that we so often communicate with over the phone and through email. It was a tremendous success and something we will continue to do in the future!