I agree with Sean whole heartedly.
one thing that many poster collectors do not realize is that there
are more posters than collectors for 98% of all titles and while it
was previously difficult to find material before for the average Joe
at least, finding it today is easy even for a moron because it is at
most a few mouse clicks away
another reason that a $15 posters sells for $5 today are the added
costs of buying via intrnet. The poster actually still does sell for
$15.. from the buyer's side - but WE only get $5 of it because of
shipping & packaging. That other $10 came out of our pocket & goes to
the post office & Uline or Yazoo Mills where before we got to keep it
as far as 99 cents auctions
I'm happy to be selling the stuff, if itsells for 99 cents, then
obviously it wasn't worth any more than that today but if you've been
paying attention, when I run an auction of quality material like I
did Aug 5th, I get prices that are very happy so if I can just find
some good collections.....
I know 99 cents isn't for everyone, but I'd rather be making money
and eating sushi than not making money & eating beans and peanut
butter. I have stuff I prefer not to sell at 99 cents.. so I sell it
in other venues, but I am otherwise very happy to let the market
decide the value.. That's called a pragmatic market approach.....
Rich==================
At 05:12 PM 10/24/2007, you wrote:
---Original Message---
>I notice that quite a few dealers out there are starting their
auctions at a 99 cent opening bid. I've always been apprehensive
about >this, especially when you're dealing lower or mid-range
material. You're leaving yourself open for a poster that 10 or 15
years ago >would have sold for $50 to $75 in Movie Collector's
World selling for $2.50 or even less!
I think it's time to realize the stark reality is that a lot of $50
titles of 15 years ago are no longer $50 titles.
There is simply no inherent reason that a poster that is 30, 40, or
even 50 years old *has* to be worth any given amount.
The internet has given us a state that is so much closer to perfect
information than what we enjoyed when MCW was at it's bi-weekly
heyday and people would anxiously wait for a catalog from Bruce or
any other dealer. In the olden days if a dealer bought a big
collection it might be a month (for an MCW ad or a catalog) or more
(debut at a show) before word got around and people could actually
see some examples or purchase items. Now you can buy a collection
and have it up on your website or eBay possibly the same day or
shortly thereafter.
And the collector has it even better. No longer is one limited by
waiting for the new MCW (or Big Reel, or Collecting Hollywood, etc)
to see what they can purchase. You can sit at your computer and look
through the inventories of literally a hundred dealers plus
thousands more auctions any time you want. So the guy actually
looking for a poster from some forgettable drama of the 60s, or a
grade-z western doesn't have to buy one at the local show for $75
anymore because only one dealer bothered to lug such a dreadful
title to the show. Now he can sit back in his chair at home and
cruise around until he finds a dealer ready, willing, and able to
sell one at $10 because he's amazed that after having it for 16
years anyone has finally shown some interest in it.
There's a reason that Breakfast at Tiffany's is in nearly every
major auction and not A Catered Affair (even if it is a good movie).
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