I'll bet the people with those prices fall in a few categories Bruce
1) the flea market/shopping mall sellers
those guys who set up in those places are selling to people who are
just walking by and know nothing about what they're buying.
those shopping mall sellers who setup up for one week in this mall
and then move to another state for a week etc are the worst. the
prices are astronomical on everything
2) those people who think everything is worth a million bucks.
3) people who used Jon Warren's "price guides" (sorry Jon)
Jon is one of my dearest friends - so I'm not trying to dig into him,
but those movie poster price guides are fairly useless. He wanted to
create "comic collecting" mentality in posters, so even things like
Jerry Lewis posters are always $100-200.
In comic books, everything goes up every year, or at least 98% of the
books listed do. so you have people who know nothing, get Jon's book
and now know not much more than they did already and when they have a
poster they think is way cooler - they use Jon's guide and price it
3x that creating a true fantasy island.
At 01:20 PM 8/2/2009, Bruce Hershenson wrote:
I have preparing a BUNCH of stuff I was consigned for upcoming
auctions, and I notice that many of the items that come in bags
(lobby cards, still sets, etc) have price stickers on them. In the
case of many "better" single lobby cards or one-sheets, many have a
price in pencil on the back.
What I have been majorly struck by is how often those prices are SO
MASSIVELY out of touch with the prices the items actually sell for!
I see $5 items with $50 price tags, $20 items with $250 price tags, etc.
Years ago, I used to be consigned lots of items that had been bought
in the 1960s where the pencil prices were a fraction of the
then-current selling price, but this is just the opposite, and is a
more recent phenomenon.
I wish each item could tell its own sad story, but they can't, so I
wonder if you think those out-of-touch prices were a case of clever
salesmanship on the part of the seller (they put $50 so they could
mark it down to $20 and look like they were giving a real deal), or
maybe the buyers actually DID pay those prices, because they were
fleeced, or maybe the seller was ASKING those prices because they
were misinformed, and they never sold any (like the guys on eBay
with the astronomical buy it nows)..
It reminds me of that guy in MCW who used to take out lots of
full-page ads for his sheet music, at prices 10 times what I ever sold it for.
Has anyone else ever noticed this, and what do you think is the
cause of this massive over-pricing? Does anyone ever pay those prices anymore?
Bruce
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