From: [email protected]
To: [email protected]; [email protected]
Subject: RE: [MOPO] REYNOLD BROWN PAINTINGS
Date: Thu, 10 Dec 2009 12:19:11 -0600
Hi Peter- Just (quickly) checked out your website and look forward to
checking it out more thoroughly later. Let me just say, that your site
really has GREAT eye appeal to the visitor. Love that Majestic Posters
(Metropolis) logo!
Steve
Date: Thu, 10 Dec 2009 11:33:43 -0500
From: [email protected]
Subject: [MOPO] REYNOLD BROWN PAINTINGS
To: [email protected]
Hi All,
Although I have been enjoying MOPO for years, this is my first post. Let me
preface this post by saying that MOPO is one of the rare examples of what a
forum should be: a place for people with a common interest to engage in civil
discussions and share information with one another. That said, I would like to
make a few comments and clarify a few things from several recent threads
regarding material that I have listed on ebay.
First, it was suggested by a member that Majestic Posters was another ebay ID
that Ken Schacter sells under.
This is not the case. Majestic Posters is a business that Ken and I recently
formed and co-own. You can visit our site at:
http://www.majesticposters.com/shop/home.php. If anyone is interested you can
register and sign up for our newsletter which is primarily used to inform
members of inventory updates and is sent when new material is listed on the
site. We are adding material weekly and are presently compiling several
thousand stills we recently acquired and will be adding a Still/Photo Category
soon. We currently have some of these stills running on ebay. We are also in
the process of increasing the size of the item thumbnails on the site. I
appreciate the feedback from several people regarding that.
Secondly, the Metropolis 3 sheet: JR stated that “$700 K was obviously the
high-water price at that point -- the most anyone interested in that poster was
willing to pay a couple of years ago”. This statement implies that the poster
was for sale to the public, presumably by way of an auction house. This was not
the case. This was in fact a private sale in the amount of $690,000. If it had
been auctioned, I suspect it would have fetched far more than the actual sale
amount. In any case, a private sale of an item is no barometer of what the
market will bear. He further stated that the amount currently being asked was
three times what Ken had paid, and for some reason seemed to feel that this was
an unreasonable multiple given the fact that it was purchased in 2005. I’m not
sure I understand the reasoning here( In 1997 I purchased a set of You Only
Live Twice door panels for 175.00 and sold them at Christies one year later for
17,000.00. Nearly 100 times what I paid for them.)The question of what the
Metropolis poster is “worth” is a pointless one. What is the intrinsic value of
any collectable? I don’t know. I do know that common items tend to go within a
certain anticipated range. A rare or unique item, however, can sell for any
amount on any given day. Depends on how many people want it and how badly they
want it. Ken has in fact had a substantial seven figure offer on Metropolis but
declined. This is the other side of the equation: What is a poster worth to the
seller? Evidently it’s not worth it to Ken to sell for less than 2,000,000.00.
I myself offered him 1.9 million and the miser wouldn’t budgeJ
Lastly, with regards to the Reynold Brown paintings I just listed on ebay, I
added some additional photos but unfortunately ebay limits the size of photos
that you can upload(short of using enhanced html templates, etc-didn’t have
time) so the fine detail is lacking. I have hi-res images both of the paintings
themselves and the studio notes on our website(The K. Douglas piece does in
fact indicate on the reverse side that it is intended to be used for the 24
sheet).
You can view these at:
http://www.majesticposters.com/shop/product.php?productid=17017&cat=270&page=1
http://www.majesticposters.com/shop/product.php?productid=17018&cat=270&page=1
-Peter Contarino
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