Slowly, this is the progression for me, Peter.  The limiting factor, though, is 
money.  I cannot afford to collect much of the classic material that is out 
there, though I have great appreciation for it.  I have to believe that this is 
the experience of the many new collectors out there.

Holiday

Begin forwarded message:

> From: P Molitor <[email protected]>
> Date: April 4, 2010 10:45:25 AM EDT
> To: [email protected]
> Subject: Re: [MOPO] An excellent thought provoking article: Ten Signposts to 
> Identify Endangered Collecting Categories
> Reply-To: P Molitor <[email protected]>
> 
> It also seems like (if using APF or even MPF is any sort of barometer) that 
> there *are* young, non-geriatric collectors entering the hobby.  I can even 
> recognize the thousand yard stare in some, so I know we're safe for a while 
> longer.  I think as long as these new collectors are exposed to "classic" 
> paper, they'll eventually move beyond the posters from their youths and into 
> serious cinema history leaning collections.
>  
> Happily, it's sort of a self-perpetuating cycle - the old posters get you 
> into the old movies, then the old movies get you into more old posters.  
> Worked for me anyway.
>  
> --Peter
> 
> --- On Sun, 4/4/10, Bruce Hershenson <[email protected]> wrote:
> 
> From: Bruce Hershenson <[email protected]>
> Subject: Re: [MOPO] An excellent thought provoking article: Ten Signposts to 
> Identify Endangered Collecting Categories
> To: [email protected]
> Date: Sunday, April 4, 2010, 4:59 AM
> 
> But here's another bright side, Rich. The movie poster hobby of today reminds 
> me of the comics hobby circa 1969. No official price guide, lots and lots of 
> super-cheap items (once you get past the top 10% of items that everyone 
> wants), which are available in large numbers in my auctions and yours and on 
> eBay. Lots of people who really love what they collect, and few "investor 
> types" (once you get past the top 10% of items that everyone wants). And a 
> relatively small hobby, that could grow much larger.
> 
> So I am not "doom and gloom" about posters, because anyone can start 
> collecting tomorrow, and $100 will buy them a large box of items in my 
> auctions or yours or on eBay (if they leave alone the top 10% of items that 
> everyone wants), and to me, that makes for a healthy hobby.
> 
> Bruce
> 
> On Sat, Apr 3, 2010 at 5:05 PM, Richard Halegua Comic Art 
> <[email protected]> wrote:
> it does indeed Bruce and that's how I knew the housing bubble was gonna to 
> come as early as 2003 (we did have one of the hottest markets). I rented a 
> house in 2000. It was brand new and the houses on either side were still 
> building
> the owner bought it for $120k.
> within a year he offered it to me at $155k. I said no thanks, and he sold it. 
> I continued renting
> within a year it sold again for $195k
> then another year $235k. then it sold twice more until it was $295,000 in 
> 2003. That's when I moved out, even though my rent never changed in all that 
> time (the new manager was an a$$hole).
> 
> i was up in the neighborhood last year & drove by. It was foreclosed.
> I checked online & it was for sale at $107k.. less than when it was new!!!
> 
> all along I told my friends this couldn't be real, and a correction was 
> coming.. Of course, like the comics hobby - no one believed me then.
> 
> I was talking to a friend I ran into yesterday. she lost $380k on 3 houses 
> she invested in.. it was a total rout to her.
> but hey.. I hadn't seen her in a while.. and we're having dinner next week.. 
> so the real estate bubble did get me something after all... LOL
> 
> 
> 
> 02:55 PM 4/3/2010, Bruce Hershenson wrote:
>> Sounds like there are parallels to the real estate bubble of a few years ago.
>> 
>> Or the Greater Fool theory. Once a few of the "big players" decide to back 
>> off, prices can go down just as quick as they go up.
>> 
>> If the people buying these items have a true love of them, that's a healthy 
>> hobby. But when the "investor types" buy because they think they are going 
>> to sell at a huge profit in a few years, it's a recipe for disaster.
>> 
>> Time will tell.
>> 
>> Bruce
>> 
>> On Sat, Apr 3, 2010 at 4:13 PM, Richard Halegua Comic Art 
>> <[email protected]> wrote:
>> no, it's never been really soft and Heritage didn't do anything to change 
>> the field's direction
>> but it's a classic bubble hobby.. they keep thinking it only goes up-up-up 
>> and if you read the comic boards, that is the general sentiment. Anyone who 
>> challenges that thought is roundly admonished by the complete majority of 
>> the dealers & collectors - even though the number of comic stores has 
>> decreased by 75% (or more) during the last 15 years and publishers are 
>> printing less comics.
>> As a matter of fact, I had dinner with a longtime friend who used to be one 
>> of the top five comic distributors and we discussed it. there may be less 
>> than 15% of the number of comic stores there were in 1990, but the only 
>> company that could show the proof is Diamond and they won't tell. As a 
>> matter of fact, they keep trumpeting the hobby.
>> 
>> Sean and I have been involved in that hobby for 45+ years (in my case. 40+ 
>> as a dealer) and 25+ (in Sean's case)
>> seeing as both of us have more faith in movie posters - I think that says 
>> alot about the hobby and Bruce as well was a big person in the hobby in the 
>> 70s. Moreover, when you go to comic conventions, there is almost nobody 
>> under 35 except longtime dealers and a very tiny % of collectors. By and 
>> large, the great population of older collectors has disappeared as prices 
>> have increased, and so - the likelihood of golden age books from third-world 
>> publishers becoming non-sought-after issues is increasing. Surprisingly, the 
>> large part of the hobby dismisses this as well, which is proof that the 
>> hobby is populated by the perfect people - those who wear blinders where 
>> money is concerned.. 
>> 
>> Rich
>> 
>> 
>> 
>> At 01:57 PM 4/3/2010, Kevin Conway wrote:
>>> I am no comic book expert, but was once a moderate collector.  Wasn't the 
>>> comic book market quite soft until Heritage entered the market in a "big 
>>> way" and heavily promoted the comic book industry about 7-10 years ago ??  
>>> 
>>> -----Original Message-----
>>> From: Richard Halegua Comic Art
>>> Sent: Apr 3, 2010 3:07 PM
>>> To: [email protected]
>>> Subject: Re: [MOPO] An excellent thought provoking article: Ten Signposts 
>>> to Identify Endangered Collecting Categories 
>>> 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
>>>>  
>>>> Does it apply to movie posters? Comic Books?
>>>> Bruce
>>>> Visit the MoPo Mailing List Web Site at www.filmfan.com
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> 
> Visit the MoPo Mailing List Web Site at www.filmfan.com
> ___________________________________________________________________
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> 
> 
> Kevin Conway
> 
> Conway's Vintage Treasures
> 
> 
> 
> www.CVTreasures.com
> Visit the MoPo Mailing List Web Site at www.filmfan.com
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