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Yes, I agree.
This is not an investment column, nor a suitable place for commercial promotion.
Mike G.
El pueblo armado jamas sera aplastado!
________________________________
From: D Sloan <[email protected]>
To: 'Discussion group for map history' <[email protected]>
Sent: Monday, December 26, 2011 12:35 PM
Subject: RE: [MapHist] old maps as an investment?
This is a MapHist list message.
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Dear
Barry:
It
might be best to move this discussion to your map trade site.
Reese’s
Catalogue 257 “Streeter Sale Revisited” was written in Americana
Exchange in 2007. We live in a different economy today.
Perhaps
a more useful analysis would be to revisit McKinney’s “American
Experience” auction at Bonham’s San Francisco in December 2010.
Dorothy
Sloan
From:[email protected]
[mailto:[email protected]] On Behalf Of Joel Kovarsky
Sent: Monday, December 26, 2011 11:32 AM
To: Discussion group for map history
Subject: Re: [MapHist] old maps as an investment?
On 12/26/2011 12:22 PM, Barry L. Ruderman wrote:
I recommend you look at Bill Reese's analyses of the items offered in the
Streeter sale and thereafter, which he tracks for roughly 40 years, as one
example of map and book price inflation for a different genre (Streeter Sale
Revisited--Catalog 257, and one thereafter, I believe).
There is a brief summary concerning the Streeter sales at:
<http://www.americanaexchange.com/ae/AEMonthly/AEMonthlyArticleDetail.aspx?ReviewID=544&Type=Reviews&Month=11&Year=2007>.
One can fairly question the conclusions drawn. This clearly represents a
certain higher-end market niche. Everything being discussed still indicates
that, in general, if you are looking for appreciation, one must head towards
the higher end of the market, expect bubbles, and have the money to withstand
downturns (sometimes prolonged). The whole idea of diversification within the
old map market would be complex (and I understand that most savvy investors
would diversify elsewhere) . I'm not convinced that any of these considerations
improves on what was written by Nicholas Barker's 1960 article, "The
Aesthetic Investor's Guide to Current Literary Values," for The Book
Collector.
I would certainly agree that there are many ways to structure a collection,
something long pointed out by others, including Rodney Shirley:
<http://www.bimcc.org/articles/ten-key-points.htm> .
    Joel Kovarsky
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_______________________________________________
MapHist: E-mail discussion group on the history of cartography
hosted by the Faculty of Geosciences, University of Utrecht.
The statements and opinions expressed in this message are those of
the author and do not necessarily reflect those of the University of
Utrecht. The University of Utrecht does not take any responsibility for
the views of the author.
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