Sounds about right. I'm with you, Phillip! M ________________________________ From: MoPo List <[email protected]> on behalf of Phillip Ayling <[email protected]> Sent: Tuesday, January 17, 2017 5:52:27 PM To: [email protected] Subject: Re: [MOPO] Interesting results at a UK auction today
Timing and luck is everything. If you originally bought the poster 40 years ago for $3, as some have, the return beats inflation whether you sold it today or 15 years ago. In the case of this seller's widow, it looks like many of the items were acquired for free, so the return on those in the aggregate ( other than her possible discomfort at sharing her living space with a hoarder) was probably way beyond her expectations. Had the widow sold all the posters to the 'friend' for ?1,000 and had he then resold them within a year or two, his investment return would have been rather fantastic too. All in all as a collector I still feel good about what I have done economically in that I have made some money and not lost money. Better for me than investing in things I didn't understand or turn things over to a money manager, while hoping I'd found a good one. From: MoPo List [mailto:[email protected]] On Behalf Of Philipp Kainbacher Sent: Tuesday, January 17, 2017 2:23 PM To: [email protected] Subject: Re: [MOPO] Interesting results at a UK auction today Yeahhh I sold one of my worlds quad for around 10k 15 years ago....so now it sold for 18k ...basically your return way way less than inflation...way less....posters are certainly worst Investments ever... Sent from my iPhone On Jan 17, 2017, at 11:46 AM, martin last <[email protected]<mailto:[email protected]>> wrote: Nice group of rare quads came up at a provincial auction house in the UK today. The highest prices were for War Of The Worlds (?18,000), Forbidden Planet (?7,600), Dr. No (yet again - ?5,600) and Day The Earth Stood Still (tape marks to front ?4,300). All of these amounts are before buyer's premium/fees of ca. 25%. There were some crazy prices paid (e.g. Great Escape for ?3,500 before BP/fees, Psycho ?2,400 before BP/fees). Astons was the auctioneer. It got fair amount of publicity, partly because the War Of The Worlds was on the UK Antiques Roadshow a long time ago. https://www.thesun.co.uk/news/2443533/film-buffs-widow-releases-his-remarkable-collection-of-230-old-movie-posters-as-they-go-on-sale-for-65000/ Here is a link to the prices: https://www.the-saleroom.com/en-gb/auction-catalogues/astons/catalogue-id-astons10092/search-filter?sortTerm=highestimate My guess is that Bruce and Heritage would have been struggling to get some of these prices. Just goes to show that being a big fish in a small pond can work wonders. ________________________________ To unsubscribe from the MoPo-L list, click the following link: https://listserv.american.edu/scripts/wa-american.exe?SUBED1=MoPo-L&A=1 ________________________________ To unsubscribe from the MoPo-L list, click the following link: https://listserv.american.edu/scripts/wa-american.exe?SUBED1=MoPo-L&A=1 ________________________________ To unsubscribe from the MoPo-L list, click the following link: https://listserv.american.edu/scripts/wa-american.exe?SUBED1=MoPo-L&A=1 Visit the MoPo Mailing List Web Site at www.filmfan.com ___________________________________________________________________ How to UNSUBSCRIBE from the MoPo Mailing List Send a message addressed to: [email protected] In the BODY of your message type: SIGNOFF MOPO-L The author of this message is solely responsible for its content.
