that's not the take I get from it Bruce.
I think it's great that they did $1.3mil in a
single sale and though it isn't the same as when
they were doing $2.5 mil (or more) I completely recognize the reasons for it
1) the absence of a major player who during a
period of nearly uncontrolled activity drove up
prices to new all time highs for very many items.
Prices that are not going to be beat for a long time
2) unlike past auctions, the most expensive item
sold this time around was $48,000 (Sean won it).
There were no 100k, 200k or 600k items for bidding in this sale
3) "it's the economy stupid". Yes indeed, the
economy has yet to return to pre-recession levels
(and it won't for years to come. like maybe 10-20
years in some ways) and as a result, everyone is
suffering (except those with boatloads of cash and who never suffer).
I think Grey is as aware of these issues as
anyone and he and Bruce Carteron (as well as all
the elves) put together a fine sale and did very well with it
Myself, in buying the Double Indemnity wc, I made
a "great buy" but not because of the final bid -
because of the happiness I feel in winning the
poster!! I'm 100% positive Sean feels the same
way about the Werewolf of London insert he is
busily framing up for his wall and there can be
no doubt that had that piece come up for sale in
2007, it would have sold for more due to the
presence of the aforementioned high roller who is
not currently present for bidding (which could be
one more reason Sean feels so happy about it)
were there bargains in the sale? YES. Was I lucky
enough to win any of them.. the answer is a
resounding NO. as a matter of fact, the other 2
items I had bid on I did not win and I bid a
little higher than market price for both of them
(I was underbidder both times). These 2 posters I
lost were not cheap at 4k+ & 5k+ and while some
people think that the WC I won was cheap at $956,
I think it was only a light discount on the item.
Moving forward, I think we're going to be seeing
reports of 2 $1million+ auctions either before
the end of the year or early next year after
Sean, Peter & Ken get the Movie Poster Exchange
going. Heritage will have some stiff competition
for those super-high dollar bidders, and we
collectors will have yet another regular auction
to enjoy (for those who don't know all of them,
there will be Heritage, MPE, Bruce and myself at
MPB. There's room for everyone. I think it's great!)
Rich
At 09:27 AM 7/23/2011, Bruce Hershenson wrote:
I notice an interesting difference in this
thread (and a similar one on allposterforum). In
the past, people would post about the skyhigh
results, oohing and aahing over the insane
prices. Now there are mostly posts from dealers
and collectors talking about the great buys they made.
Bruce
On Fri, Jul 22, 2011 at 8:10 PM, allen day
<<mailto:[email protected]>[email protected]> wrote:
No, it was a huge box of folded movie posters
from the 30's thru the 50s, and included
Frankie, Drac, GWTW, Wolfman, Casablanca, etc ... (in my fondest dreams)
Actually, it was mostly estate items and misc.
junque; I told my grandpa that I wanted the
boxes of comics and books that were going for $1 each.
I left the auction empty handed, but I did
notice the people and the action, which left a heckuva impression.
ad
--- On Fri, 7/22/11, Alan Adler
<<mailto:[email protected]>[email protected]> wrote:
From: Alan Adler <<mailto:[email protected]>[email protected]>
Subject: Re: [MOPO] Heritage does $1.3mm in last weekend's Signature Auction
To: "allen day" <<mailto:[email protected]>[email protected]>
Cc: <mailto:[email protected]>[email protected]
Date: Friday, July 22, 2011, 8:38 PM
Hey, Allen -
What the heck did you buy at auction back then?
A Creature 3S for $2!
Alan A
On Jul 22, 2011, at 5:19 PM, allen day wrote:
My first auction was 49 years ago.
One thing has never changed:
Yer pays yer monies and yer takes yer chances
ad
--- On Fri, 7/22/11, Richard Halegua Comic Art
<<http://mc/[email protected]>[email protected]> wrote:
From: Richard Halegua Comic Art
<<http://mc/[email protected]>[email protected]>
Subject: Re: [MOPO] Heritage does $1.3mm in last weekend's Signature Auction
To:
<http://mc/[email protected]>[email protected]
Date: Friday, July 22, 2011, 8:07 PM
> I'm happy to accept that this practice is
probably almost entirely benign, but it
potentially gives off the wrong impression and
creates unnecessary opportunities for doubt
and innuendo where there needn't be any.
I agree with all of Neil's post, most
especially this part. However I'll add, as a
Las Vegas resident & poker player I understand
the need for a house player to start a game
(this is where the casino has an employee who
sits in a game to make enough players to begin
playing where they may not otherwise be a table
for those ready to play) and so I understand
that starting the action is comparable to this.
But I know that the auctioneer is present, he
announces his presence before any auction in
accordance with the laws in whichever state
they are licensed, so it is neither a surprise, nor completely objectionable
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LINK TO AMAZON JUST PUBLISHED FIRST NOVEL:
<http://www.amazon.com/gp/product/0595458203>http://www.amazon.com/gp/product/0595458203
MUSEUM WEBSITE:
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Bruce Hershenson and the other 29 members of the eMoviePoster.com team
P.O. Box 874
West Plains, MO 65775
Phone: 417-256-9616 (hours: Mon-Fri 9 to 5
except from 12 to 1 when we take lunch)
<http://www.emovieposter.com/>our site
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