Yes, Covid hit a lot of people in the financial nuggets, but those who didn't feel the squeeze and were able to transition from work to home with ease have this new disposable income per se. Meaning, their car expenses went down due to not driving as much, eating out and other forms of weekend entertainment have been placed on hold, so there is extra money laying around. What to do? What to do? I noticed this right away in 2020, just around April and May and it has continued....not just in the movie poster world but other hobbies as well. For example, I always had my eye on stools made by Wharton Esherick, in 2019 I could have purchased one for between $1500 and $2000. The end of March last year, I was ready to pull the trigger, (because I had some extra income lying around), one came up for auction, estimate, right on target ($1500-$2000), it ended up selling for $5000, and I haven't been able to touch one since as the new price is now $5000-$6500.
And I'm not really sure it's investors as I feel the collectors have a little bit more money these days and want to spend it on their passion or hobby whatever it may be. On Tue, Mar 2, 2021 at 12:20 PM Helmut Hamm <[email protected]> wrote: > I spoke to my local hifi (and high end) dealer today, and although his > shop is closed due to the lockdown, he has seen a significant increase in > business during the last year. > > I’m not so sure how much is being spent by those wishing to more > diversely invest in their portfolio in collectibles, but there surely must > be that element too. > > > This is an interesting aspect, as it is a fairly new development but it > can't be ignored. As a dealer, I obviously like it. As a collector and > poster lover, I have mixed feelings. It seems to me that whenever the > 'investors' come in, you can hold your breath and watch the fun go away. > > Helmut > > ------------------------------ > > 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.
