Glen Trosch has been widely lauded for his active role in tirelessly supporting the need for transparency in the vintage rock concert poster market. He is widely credited with breakthrough educational programs that provide collectors with unprecedented information on the topics of grading, storage, and establishing a two-way market for these vintage posters.Read More
Legendary concert hall produced historic moments and highly sought after concert posters
What collectors have long known is now officially recognized….the Grande Ballroom was one of the most important concert venues of the 1960’s! The legendary music venue was recently added to the National Register of Historic Places.
The Grande, located in Detroit Michigan, represented one of the largest and most vibrant outpost of the Psychedelic Scene outside San Francisco. Musical icons such as Pink Floyd, The Who, Led Zeppelin, Cream, Traffic and many others appeared on the Grande stage.
These shows were promoted through the creation of mind boggling concert posters that created by well known artists Carl Lundgren and Gary Grimshaw. Their output is universally recognized for being of World Class quality, in the same league as the poster created by “The Big Five” out west.
What’s most exciting to collectors is that these posters were created in extremely limited quantities of 500-1000 per issue. Equally important, Detroit did not have the huge legion of poster collectors that were active in California.
This means that the survival rate of Grande concert posters, particularly in high grade, is extremely low. That’s why we described Grande Ballroom concert posters as a “powder keg ready to explode”, in our 2018 year in review blog post.
If you are looking for beautifully designed concert posters that are historically important and extremely rare, artworks from the Grande Ballroom are hard to beat!
To read more about Grandes historic designation, click here.
“The Era of Cool” featured at Westmoreland Museum of American Art in Pennsylvania.
Over the course of his 50 year career, legendary pop artist John Van Hamersveld has created influential and instantly recognizable works of art including the iconic Endless Summer poster and historic concert posters of Jimi Hendrix, Cream, Dylan, and many others.
We’re excited to learn that The Westmoreland Museum of American Art in Greensburg, Pa. has announced they will become the next in a steady stream of art museums that are now recognizing the historical importance and artistic appeal of 1960’s graphic art and design.
There is no doubt that the exposure of our beloved artworks to Mainstream America completes the transformation of our niche hobby into an important and desirable category of art that is recognized by museums around the world.
The Westmoreland is located just 35 miles east of Pittsburgh, Pennsylvania. The exhibit is scheduled to run July 20th through October 20th.
To learn more about the Hamersveld exhibit, click here.
Instruments and concert posters of the 1960’s take center stage .
Last month we reported on the new “Play It Loud” exhibit at the Metropolitan Museum of Art in New York City. We explained the monumental significance of this event and the eventual reverberations that will be felt throughout the Vintage Concert poster Market.
The exhibit is now open and mainstream media can’t get enough of this exhibit. Seems like The Beatles, Stones, Hendrix and the rest of our 1960’s musical icons hold a lot more mass market interest and appeal than Rembrandt and Picasso!
CBS put together a wonderful story that was broadcast nationwide and is available around the world. We are all readers of this blog to checkout the story here.
“Play It Loud” will feature 130 instruments and Vintage Concert Posters!
The Metropolitan Museum of Art in New York City has announced the opening of their “Play It Loud” exhibition on April 9th. The exhibit is being heralded as the first major museum exhibition of Rock and Roll instruments.
In addition to the instruments, a large number of Vintage Concert Posters will be featured!
The fact the most important and influential art museum in the world is featuring a rock and roll exhibition further cements the immense historical importance and appeal of authentic artifacts of this era.
This marks a moment in time where our hobby is truly taking center stage. This blog has reported extensively on recent museum exhibitions of Bill Graham, The Rolling Stones and the 50th Anniversary of The Summer of Love.
In each case, these exhibits have exposed several hundred thousand people to the importance of this era and has led to a surge of interest in Vintage Concert Posters.
The bottom line is that what was once a niche hobby has now been transformed into a legitimate category of art that is being exhibited in the most important museums around the world!
It’s never been more exciting to be a collector than RIGHT NOW! We will give a full report on the exhibition in coming weeks.
To read all the details more about Play It Loud, click here.
Iconic band is surprisingly more relevant than ever before!
The future desirability of Vintage 1960’s Concert Posters was further reinforced with today’s story on NPR’s 1A podcast. The show examined the immense popularity of the Grateful Dead and 1960’s music with the generation that was born after Jerry Garcia’s death in 1995.
The show highlights 3 guests, Grateful Dead archivist David Lemieux, musician Holly Bowling and the directors of programming at Sirius FM.
To summarize, the huge interest in The Dead is based on a sense of community, the enduring values of The Sixties, and the american musical tradition of The Dead that is a mashup of virtually every musical genre.
All 3 of these factors are fueled by unprecedented access and exposure to the band and the era through live shows and music that is readily available online through the internet archive, Youtube, dozens of music festivals, and the various post Dead incarnations of the musicians.
It’s quite an interesting show and the focus is squarely on the popularity of the band and the era with today’s young people. For those that question whether people in the future will care about this music, and the collectible artifacts linked to it, the answer is a resounding “Yes!”.
To listen to the podcast, click here.
Vintage ‘60’s art has firmly established worldwide, mass market appeal.
The desirability and collectibility of vintage 1960’s counter culture art was further verified by the recent announcement that Dr. Martens has entered into a Limited Edition collaboration with The Estate of Rick Griffin.
The Limited Edition collection includes two different pairs of world famous Doc Martens boots, two different T-shirts and a backpack, all featuring iconic Rick Griffin art.
The fact that an international corporation that has a large, highly sophisticated marketing department has chosen to feature Rick Griffin art on products targeted to younger generations further affirms the lasting desirability and appeal of this iconic imagery.
This announcement comes on the heals of a recently announced Grateful Dead beer and a Wall Street Journal article that examines the mania attached to authentic items with direct links to the sixties. Both of these are covered in earlier posts to this blog.
To learn more about the Rick Griffin/ Dr. Martens collaboration, click here
The market for vintage concert posters has become the most exciting collectibles market in the world today due to a multitude of positive developments that have created a "perfect storm" for these historical works of art.Read More
2018 Vintage Concert Poster Market Year in Review!
The future is uncertain. Hindsight is 20/20. Here’s our report card on our 2018 Predictions.
By all accounts, 2018 was a remarkable year for the Vintage Concert Poster Market. Let’s take a look back at our exact predictions from 12 months ago and see how many panned out — our report card and current comments are in italics.!
1) Record Prices fo the Finest and Rarest!
Increased demand and dwindling supply will lead to record prices across ALL categories.
There is no question that 2018 marked a tipping point where demand greatly increased supply. This led to record prices across all price categories from $100 posters up to $50,000.
2) The Number of Market Participants Multiplies...Again!
This is a market that clearly has the wind at it's back. (See 2017 year in review blog post for reasons why) At PAE, our goal is to bring at least 1000 new clients onboard.
A variety of factors that have been reported here led to a major influx of collectors, many from that are experienced in other collectibles categories. For this prediction, we deserve an A. However, PAE came a little short of generating 1000 new buyers, lowering our grade to A-.
3) A Focus on Tangible Assets Will Fan The Flames.
The White House is committed to spending money like a drunken sailor. This is already leading to a fall in the dollar and a rise in gold. What does this have to do with vintage concert posters? Plenty. This is the very beginning of a cycle of renewed inflation and desire for "hard assets".
Trump did spend like a drunken sailor, and interest rates rose to reflect a red hot economy. However, these monetary moves have not yet filtered into financial markets. Gold, which is a fair barometer for mainstream America’s taste for tangible assets moved sideways the entire year. It looks like the move in gold we predicted in 2018 is may now be underway as the price has increased 10% in the past 90 days.
4) Continued Growth at PAE
2017 was year of growth for PAE, growth in clients, growth in volume and growth in staff. In addition to our two principals, Glen and Scott, we now have 2 full time employees and 3 part time employees that each log about 20 hours each.
2018 represented records for us in terms of dollar volume, number of posters and number of customers. our team has grown to 3 full time and 4 part time members to assure that PAE remains the safe and secure place to buy, sell, and learn about Vintage Concert Posters.
5) Severe Supply Shock Hits Market.
There's a sound in the marketplace that started 2017 off as a murmur but has slowly grown into a roar. We're talking about a giant sucking sound of rapidly dwindling supply that has become pervasive in the marketplace.
Overall, there is a dramatic drop in the number of desirable posters that are 100% Original with no restoration. It’s commonplace to see major offerings where over half the top listings have restoration of some form or other. That being said, PAE had a record year of sellers and consigners that wanted to tap into our worldwide clientele that believe current prices remain ridiculously dirt cheap and are willing to pay whatever it takes to secure the best quality posters in existence. We were proud to offer collectors an incredible selection of high quality items in every price category.
6) Premiums for Artist Signed Material Explodes.
This is a trend we have seen steadily gaining steam over the past several years and we see an acceleration of this trend in 2018.
Big deal. Anyone could have predicted this trend. A total “No Brainer” trend that will continue to gather steam. Stay tuned for a future blog on this subject.
7) Interest in Grande Ballroom, Vulcan Gas and Armadillo World HQ Posters Climbs.
As more and more collectors enter the marketplace, interest will gravitate to areas that are currently under valued. Over the past 2-3 years we have seen an explosion in interest for all three of the venues listed above.
We nailed it when it comes to Armadillo World Headquarters posters. Demand for these went into thermo nuclear overdrive, as hot as any category out there. Grande posters have ALWAYS been popular and in demand. We saw an uptick, but no more of an uptick than the general market. Grande posters are a powder keg ready to EXPLODE, but what we envision didn’t fully happen in 2018. These are VASTLY under valued at today’s price levels, in our opinion. Vulcan Gas posters represent a fertile area for anyone that wants history, rarity and mind-blowing art for pennies on the dollar to what they may trade at one day. Stupid cheap compared to their San Francisco brethren.
8) and 9 ) Values of Large Size Fillmore and AOR Posters Explodes
Up until now, CGC has not had the capabilities to grade the large size Fillmore and AOR posters, but this situation is about to change. Look for these massive posters to command substantial premiums once CGC commences grading in the coming weeks!
We jumped the gun on this one. We thought CGC would start grading these posters much earlier in the year, and that collector demand and commensurate prices would jump forward. CGC didn’t get started on this until the second half of the year, and little supply has entered the marketplace so far. The large format posters that have appeared have been VERY well received, watch for fireworks in this category in 2019.
10) Renewed Focus on Handbills and Postcards
It's no secret that a concert handbill is far easier to counterfeit than a concert poster. Third party authentication and grading by CGC has brought much needed integrity to this overlooked area of the market. With the introduction of CGC, we have seen an explosion of interest in concert handbills, now that collectors can acquire them with confidence.
Another no brainer trend that is in it’s VERY early days. This segment of the market had been left for dead due to a multitude of authentication issues. Independent authentication and grading by CGC has solved all this with a beautiful package. Collectors can get the same iconic art, the same legendary bands, and in some cases rarity that EXCEEDS the poster for a fraction of the money the posters command. A Grand Slam that leaves collectors with an insatiable appetite for these historic artworks.
Or next blog, to be published shorty, will disclose our predictions for 2019.
Counter-Culture values continue to carry mass appeal.
Dog Head Brewery has just announced the release of their Grateful Dead inspired American Beauty Ale which will be available nationwide. The beer is being brewed as a collaboration with the Grateful Dead and features the band’s iconic “Dancing Bears” on both the label and carton packaging.
Earlier this week, during live lot viewing at our Gallery, the conversation AGAIN turned towards the future desirability of vintage concert posters and whether “anyone would care” once the original Deadheads (and other members of 1960’s counter culture) leave to attend the great Festival beyond.
Regular readers of this blog understand that values and music that came to life in the 1960’s are not just alive and well, but quite possibly far stronger and more widely embraced than ever before.
We have reported on the growing popularity of 1960’s influenced fashion, Nike’s release of Psychedelic Sneakers, Rolling Stone’s special Grateful Dead issue, Amazon’s purchase and promotion of the 6 hour Long Strange Trip documentary, the exploding popularity of music festivals across our the world, retrospectives at the world toniest museums and countless others. And let’s not forget something many people thought would never happen in their lifetime, the legalization of marijuana!
One thing is certain, NONE of these projects would be entering and offered to mainstream society if there was not mass appeal and interest.
We see this trend continuing to gather steam. The exploding interest in the 1960’s and the introduction of unbiased third part grading by CGC has led to an exponential growth in the number of people now collecting vintage 1960’s concert posters, which are arguably the most attractive compelling authentic artifacts from the era! It’s a great time to be a collector!
To read the entire article on the American Beauty Ale, click here.
Major media outlets continue to highlight the historical importance of these rare artworks
Rolling Stone magazine is the latest in a long list of major media outlets to publish a story on the historical importance of vintage 1960’s concert posters. The story takes up 8 full pages in a special Grateful Dead Collectors Edition on newsstands now. All of the major artists of the era are mentioned.
The articles states, “Skulls and roses, melting fonts, and so much more: The iconic images created by San Francisco artists for The Dead’s gig posters were essential to the band’s legend.”
This statement is one of the linchpins that make this collectible so compelling. These beautiful posters were produced in ridiculously small quantities and provide a direct link to what many consider to be the most important decade of the 20th century.
With the advent of super strict, unbiased third party authentication and grading, collectors are just beginning to discover how difficult most issues are to locate in original, undamaged condition, free from all restoration.
We will continue to keep you abreast of developments as this emerging collectible continues to earn attention from major art museums and media outlets in the coming months. Next year’s 50th anniversary celebration of Woodstock is sure to add major fuel to this red hot fire!
Record prices directly attributed to unbiased third party authentication and grading.
The collectibles world is talking about the recent auctioning of astronaut Neil Armstrong’s collection November 1-3, 2018. Nearly 1000 lots realized $5,276,320, far exceeding the most optimistic expectations.
Each item in the auction was independently authenticated by CAG, a division of CCG, the same folks that certify the vintage concert posters and handbills we offer.
The auctioneer for the collection stated, “ CAG unlocked tremendous value for the Armstrong Family Collection by giving bidders greater confidence in the authenticity and provenance of the artifacts. At the same time, CAG delivered significant long term value and protection to buyers through its guarantee, impartial assessments and protective holders. CAG’s certification made it far easier for us to auction the collection and likewise for our clients to evaluate and bid on it.”
This is yet another in an endless list of examples of how important independent, third party authentication and grading is to the collectibles marketplace. Third party authentication provides confidence, and an unbiased opinion on condition is critical when small differences in quality means huge differences in value.
When it comes to vintage concert posters and handbills, CGC grading is particularly instrumental in bringing scores of new collectors (buyers) into the marketplace. Collectors no longer have to worry about figuring out for themselves whether an item is a) authentic, b) a first printing or reprint, or c) possesses hidden restoration that can be difficult to see.
For sellers, CGC is an absolute must if one wishes to receive the record prices and added liquidity that CGC graded posters and handbills are now commanding.
We believe these are still the very earliest days of this emerging trend and look for premiums of each grade level to increase as collectors begin to fully understand how strict CGC grading is and how little supply exist at the top end of the market.
Direct link drawn to 1960’s Psychedelia
The New York Times recently published an extensive feature article on the art and collectibility of British Acid House flyers. This is exciting news on many fronts:
1) The article draws a direct link between this art and the concert posters and flyers of the 1960’s.
2) The Times reports that these flyers are highly sought after by collectors today.
3) These flyers are also getting recognition and display at major museums in Europe.
4) Interest in authentic counter culture artifacts is worldwide and continues to grow.
Any recognition and reporting of collecting counter culture artifacts must be deemed a major victory for our hobby. Major museum exhibits around the world continue to flourish which leads to more media exposure and then more exhibits.
This virtuous cycle seems to be accelerating in speed and is certain to continue in a major way with next year’s celebration of the 50th Anniversary of Woodstock. As previously reported here, we already know that a major museum exhibit of 1960’s concert posters will open in the United States in one of the most important art museums in the world.
To read the entire New York Times article, and to view some great photos, click here.
Two representatives will be on hand to accept submissions and answer questions.
We have just received news that representatives of CGC will be attending the upcoming TRPS Concert Poster show to be held October 20, 2018 in San Francisco.
It’s no secret that vintage concert posters graded by CGC are setting records with breathtaking frequency so interest in this segment of the marketplace is at an all time high.
All collectors are invited to submit posters at the show for grading and authentication. Representatives will also be available to answer any questions you may have.
We hope to see you there!
Here’s your chance to personally inspect and bid on 150 vintage concerts posters with CGC Grading!
The CGC Rock poster Revolution is rolling into San Francisco! We’re pleased to announce that all lots in our October CGC Graded Concert Poster Auction will be available for live lot viewing at the TRPS Annual Concert Poster Show on October 20, 2018!
This auction presented allows you to discover for yourself why Psychedelic Art Exchange is “The Collector’s Friend” – the safest place to buy, sell, and learn about vintage concert posters.
You Can Bid With Confidence Knowing ALL 150 Lots Have Been Independently
Authenticated and Graded by CGC!
ALL Lots are Being Sold UNRESERVED.
All Lots Have a Starting Bid of just $1.00. That’s right, ONE DOLLAR!
All Lots are available for inspection at our Gallery in Baltimore, Md. Or in San Francisco 10/20/18.
All Lots are guaranteed in writing with the strongest guarantee available anywhere.
*A 15% buyers fee and postage & insurance will be added to all winning bids*
A Museum Quality Grateful Dead Acid Test Poster- The finest quality we have EVER handled and the FIRST CGC graded example to appear at auction!
Ridiculously rare SET BREAKERS for the Fillmore Auditorium (BG-74), Family Dog (FD-29 OP-2) and Vulcan Gas Company. This is the VERY FIRST TIME EVER that these three legendary posters have been offered at auction at the same time!
An unimprovable BG-1, OP-2, CGC Graded 9.8, the very FIRST poster in the Bill Graham series!
A spectacular example of Rick Griffin’s BG-105 Hendrix Flying Eyeball!
The FIRST CGC graded example of the famous Grateful Dead/ Buffalo Springfield Amazing Electric Wonders poster to appear at auction.
3 different Museum Quality Grande Ballroom posters being offered at auction with CGC grading for the very FIRST time!
Many affordable Museum Quality Original First Printings that will sell for $100-$500! These pieces of history represent an extraordinary value compared to other collectibles.
Remember all lots have starting bids of just $1.00!
All collectors are invited to inspect all lots in person at our Gallery, in Baltimore, MD. or in San Francisco 10/20/18.
Live lot viewing allows you the opportunity to see how incredibly strict CGC grading standards are. You’ll also immediately understand that the CGC holder is the ultimate way to safely and securely protect your posters for the long term. If you can’t make it to our Gallery, contact us with any questions you may have.
We are really proud of this auction. There is truly something for every taste and budget. We hope you enjoy participating in this sale as much as we did assembling it.
Good Luck in the Auction!
A nationwide radio interview with PAE co-founder Scott Tilson examines what vintage concert poster collectors are so excited about in this industry.Read More
It’s been widely reported in this blog that Vintage Concert Posters have been receiving continuous and widespread recognition and exposure at major museum exhibits around the world over the past few years. The best (by far) is yet to come!
This exposure has added a major source of legitimacy to these amazing artworks and has resulted in a huge increase in the number of people that are now collecting these posters.
All of this will be DWARFED by the international exposure that is now, suddenly, just months away. Beginning on January 1st, the world will be celebrating the 50th Anniversary of Woodstock -- the most famous music festival in history.
In addition to major 50th Anniversary Concerts both in the United States and abroad, there is sure to be major worldwide television, newspaper and magazine coverage of this historical milestone. More importantly, literally millions of people will be exposed to vintage concert posters in major museum exhibits that will occur around the nation. Additionally, PBS and CNN have already announced major multi part 50th Anniversary documentaries next year.
In short, expect for the whole world to have a case of “Sixties Mania”, that is sure to influence the sights, sounds and fashions of 2019.
We have tirelessly reported on the lollapalooza effects that have taken the market for Vintage Concert posters by storm, 1)Incredible beauty, 2)Extreme Rarity, 3)Ridiculously Cheap Prices, and very critically, 4) Unsurpassed Historical Importance, and 5) The introduction of independent, third party grading by CGC.
How many collectibles can you name that enjoy an entire year of celebration and publicity? All of this is not theoretical, or destined to happen at some indefinite point in the future. It’s all happening NOW and will continue to accelerate the rate of change we are currently seeing in this fast moving and exciting marketplace!
Exclusive news for readers of this blog! We can definitively state that next year will feature the most important museum exhibition of vintage 1960's concert posters ever offered to the public. This exhibit, will be in one of the most important, if not THE most important art museum in the world!
You've seen this movie before! They say that history doesn't repeat itself, but it rhymes.
It was just 2 years ago that we informed our readers that the market for vintage concert posters was going to receive a major shot in the arm from the world's celebration of the 50th Anniversary of The Summer of Love. We explained that collectors should add to their collections while prices were still at rock bottom lows.
Everything we said in Fall of 2016 has come true, 100%!
The media kicked in, the concerts were held, television special were produced, and major art museums had lines out the door with people wanting to experience their own little throwback to "The Sixties". This resulted in a huge shot in the arm for the hobby and it's been onward and upward ever since.
All of us have seen firsthand what happens when our little part of the world lands on the front page of headlines. Values have moved up substantially for posters after the passing of B.B. King, Chuck Berry, Tom Petty and now Aretha Franklin.
Because this was news that transcended our hobby and entered mainstream America!
The same exact thing is about to happen with the 50th Anniversary of Woodstock!
As a reader of this blog, we implore you to use the information you have NOW, while YOU ARE STILL WAY AHEAD OF THE CURVE. Use the coming weeks and months to start or add to your collection while supply is still available and prices are still affordable. And, if you ever dreamed of owning an authentic Woodstock poster, and you're lucky enough to track one down, grab it NOW, before the masses arrive to compete with you. You’ll be glad you did!
The Dead's legacy continues to grow with today's younger generation!
The Wall Street Journal recently reported on the surging popularity of Grateful Dead inspired "hippie clothing", particularly among the younger generation. The article explains that todays youth "wasn't there the first time around...Jerry's gone...the '60's are never coming back. Your cellphone keeps buzzing with that message you should have replied to days ago. But when you slip on a tie dyed sweatshirt, you can feel for a moment that your on the road, with not care in the world."
The article also mentions the recently released Grateful Dead documentary, " Long Strange Trip," and the popularity of the most recent iteration of the band, "Dead & Co.".
People often ask us if anyone will care about about 1960's concert posters 50 years from now?
The bottom line is that many historians believe the 1960's was the most influential decade of the 20th century. As such, we believe that the historical importance of authentic pieces of history from this era, now over 50 years old, will Not Fadeaway!
What do you think? Leave your comments below!
To read the entire Wall Street Journal article, click here.
Every major comic book price record of the past 10 years was independently graded and authenticated by CGC
News quickly spread around the collectibles world that an Action Comics #1, that was independently graded and authenticated by CGC, recently realizes $2,050,000 at auction. The article mentions that this is the 4th Action Comics #1 to realize over $1,000,000 at auction.
The auctioneer, Comic Connect, was quoted in the new release as saying " The thing all these comic books had in common was they had been certified and encapsulated by CGC. The winning combination of the most trusted name in grading and vintage comic sale auctions made these earth shattering sales possible."
"The CGC label makes selling easier by giving bidders confidence in the authenticity and grade, whether it's a high flying copy of Action Comics #1 or a more down to earth collectible."
This news is extremely noteworthy and important to collectors of vintage concert posters for 3 main reasons:
1) This news serves as additional FACT that when it comes to WORLD CLASS collectibles and the commensurate prices they command, independent third party authentication and grading is demanded by ALL serious collectors 100% of the time.
This is not an opinion, it's a fact. This FACT is why new collectors are flooding into the vintage concert poster market at this time.
For the first time ever, buyers can have confidence they are actually receiving what they bargained for. This huge increase in collector demand is chasing the small and dwindling supply, and that's why prices have been moving up recently. Many of these new collectors are entering from other collectibles markets. They are VERY familiar and comfortable with CGC and they believe that vintage concert posters are dirt cheap at current price levels.
2) This story is also newsworthy because it shows what a screaming bargain vintage concert posters represent at current price levels. In every other major collectibles marketplace, the "best of the best" starts at $1,000,000 and goes up to multiples of that price level.
You can still buy the very most important and desirable concert posters for well under $100,000. This under valuation won't last long. If you are thinking of acquiring a few World Class concert posters, now is the time to do so, while prices are still relatively affordable.
3) We have CONTINUOSLY written and reported on the most important number in collectibles, that number being #1, as in FIRST. Again,this advice is not dispensed as opinion, it's shown as FACT. The FIRST in any collectible is the most historically important, and always command record levels of collector interest and demand.
We have personally made millions of dollars following this strategy and have CONSISTENTLY implored our collector clients to pursue the same. We urge you to read our blog dated January 25, 2010 to learn more about this critical collecting strategy.
To read more about the spectacular $2,000,000 Action comics #1 sale, click here.
Experienced Collectors seizing Massive Opportunity.
On April 23, 2018 a PSA Graded 9.0 Topps Mickey Mantle Rookie Card realized a record price of $2,880,000. This sale is notable for several reasons.
1) This baseball card, like all cards, coins, comic books, etc that break records, was independently authenticated and certified. There's no surprise here, who in their right mind would spend that kind of money without getting an unbiased third party opinion about authentication and grade?
2) This card was tied for the finest quality of the issue to be independently graded.
3) This same card, in the same 9.0 condition, realized $282,588 in 2006, meaning the card appreciated in value just over 10x in 12 years. In 1988 it sold for $3,300!
4) In this SAME April 23, 2018 auction, the SAME card, graded PSA 7.0 realized $120,000, 1/25 the price of the example graded 9.0.
The auctioneer said , "The 9.0 1952 Topps Mickey Mantle card captured the attention of baseball fans, serious collectors, and investors alike. It's a phenomenal price, a world record, but it's also the natural progression of a trend we've seen building for years. We are certainly seeing the effects of new players in the market."
In our blog dated 8/19/16, we discussed the phenomenal opportunity that vintage concert posters graded 9.9 and 10.0 represent for collectors.
We explained that in EVERY collectibles market there is huge demand for "The Best of The Best" and that the premiums for the very best CGC graded concert posters are TRIVIAL compared to the premiums commanded in every other collectibles market.
We explained that in every other collectibles marketplace the FINEST KNOWN super grades ROUTINELY command 10x, 25x, 50x and more of the lower grades. The best, Finest Known CGC graded concert posters are STILL available for low single digit premiums as low as of 2-4x.
We also explained that experienced collectors from other collectibles marketplaces recognized this special short term situation and were snapping up whatever Supergrades they could find.
It's important to understand that while Supergrade premiums for CGC graded Concert Posters are growing, the demand from new collectors entering this market is growing even faster.
No one can predict the future, but if this market continues to evolve like it has, and how every other collectibles market has developed in the past, then the current values for CGC graded concert posters with Supergrades of 9.9 and 10.0 can be considered the collectibles opportunity of a lifetime.
It's not often in life that we are handed an amazing, "no brainer" opportunity on a silver platter. A lot of luck is involved, as you need to find yourself in the right place at the right time.
Indeed, everyone reading this blog now should consider themselves lucky, for having been exposed to this amazing opportunity. If you agree, we suggest you act NOW, before this window of opportunity slams shut!
To read our previous blog on this subject, click here.
To read more about the record setting Mantle card, click here.