it's a fantastic article that reports things we as longtime dealers
already know and that comic book collectors need to examine
in comics right now, there is much talk about Action comics #1 CGC
8.0 grade sold for $1mil, then Heritage sold Detective #27 8.0 for
$1,075,000 and just this week Action #1 8.5 sold for $1.5mil. Because
comic collectors seem (to me) purposely ignorant that a reckoning is
coming to the greater part of the hobby, they all point to these
sales & say "the comics hobby is super-healthy.. prices will never go
down". Prices in comics don't reflect decreases because both dealers
and the publishers of the price guide are in bed together on the one
hand, and they have a stranglehold on the hobby off the other hand.
The fans are also complicit in this sham as they 1) go for it
hook-line-and sinker & 2) they choose to ignore the obvious signals.
Action Comics #1 will always sell for big bucks. It is after all the
single most important comic book there is. It has interest outside
the comic collecting hobby and most copies over time will find their
way into museums where they will remain on permanent display. Action
comics #2, 102, or 502.... sorry... down the road, these books will
be collected by very few as the entire comics hobby will continue to
deflate over many long years until almost no-one collects them, with
the exception of the top items like Action #1, Spiderman #1 and the like.
Movie posters will no doubt follow them in great part (especially as
posters themselves stop being printed in favor of digital displays).
The only difference in posters is that, unlike a comic book, a movie
poster is likened to an artwork, can be framed and displayed in a
home, while it is unlikely that Coo-Coo Comics #1 will ever get
displayed for company to view when they come over for dinner
that doesn't mean that all posters will be collected.. Sadly, the
collecting of posters to the great majority will focus on the top
titles, the top stars and the big hits.. Much of the rest will just fade away.
Rich
At 08:28 AM 4/3/2010, Bruce Hershenson wrote:
Ten Signposts to Identify Endangered Collecting Categories
by Harry Rinker (03/16/10).
<http://www.worthpoint.com/blog-entry/ten-signposts-identify-endangered-collecting-categories?utm_source=WorthPoint+Insider+List&utm_campaign=cf94b34d78-insider-7&utm_medium=email&mc_cid=cf94b34d78&mc_eid=9c7686e1e6>http://www.worthpoint.com/blog-entry/ten-signposts-identify-endangered-collecting-categories?utm_source=WorthPoint+Insider+List&utm_campaign=cf94b34d78-insider-7&utm_medium=email&mc_cid=cf94b34d78&mc_eid=9c7686e1e6
Does it apply to movie posters? Comic Books?
Bruce
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