I was in the same boat as Ira as we were emailing each other back and forth
during the day as we watched the auction live. That was really cool! Too bad I
actually had to work yesterday too!! At one point everyone here in my office
was around my computer waiting to see what "Bride" went for. Does anyone out
there know who had owned it or where it came from and perhaps who bought it? I
know most of us don't have that kind of money to bid on something like that,
but I sure hope someone who has that kind of collection got it. I've always
wanted the one sheet from "This Gun for Hire". I have had a chance to buy it
many times over the years. It was always a high priced poster and I almost
bought it about 6 years ago from a customer of mine who was retiring and
selling off his collection. He wanted $10,000, which at the time was about
$2500 above the top figure it had sold for. I passed. When I say it close at
near $50,000 yesterday, I couldn't believe it. It sold for about $19,000 just
one year ago at Heritage. Wow!!
I don't think that certain pieces selling for lower prices than normal is
any indication that those titles are no longer desired. I think it was just a
case of the timing. Spending is down all over right now due to the economy
(there is a reason Ebay has lowered their listing prices in the past month as a
"temporary special"). It is near Christmas and I think a lot of people saved up
for the high ticket items that don't show up often. Some of those items
skyrocketed above their normal prices and the listed estimates. Whatever the
case, I'm not worried about the poster businesss........Happy Thanksgiving
everyone and great job Grey.
Sue Heim
www.hollywoodposterframes.com<http://www.hollywoodposterframes.com/>
(800) 463-2994
----- Original Message -----
From: Rubenstein, Ira<mailto:[EMAIL PROTECTED]>
To: [email protected]<mailto:[email protected]>
Sent: Wednesday, November 14, 2007 9:23 PM
Subject: [MOPO] Observations on Heritage Auction
First let me congratulate everyone at Heritage. What a great auction. I
also have to confess I didn't get much work done today as I was watching it
happen live on HA.com . That is some COOL software/web stuff. Being able
to see the auction happen live and watch what was happening in the room was
great! My only comment for next time is we want CROWD shots. Don't be
offended, it get's boring seeing the auctioneer the whole time. Pointing at
the left or right..
I have to say there were a few times it took a lot of personal strength NOT
to click on the big BID NOW button. It was taunting me a few times on some
items. But I just recently purchased a very expensive poster and I am tapped.
In general it felt like items you see at every Heritage Auction or up on Ebay
with some regularity didn't do great. Didn't do bad, but also not great.
Items that didn't come up all the time seemed to do quite well. (This is based
on the estimates as I am average collector and by no means an expert on all
poster prices.)
It was also fascinating to see items that went way over estimate, you could
actually SEE the BIDDING war happen right in front of you on the computer
screen. Now that was cool and it really for the first time help me understand
how every auction has one or two of those items where you scratch your head..
Just wondering what other people thought if they watched it or not.
Best,
Ira
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