Concert Poster Auctions

Why Vintage Concert Posters are Setting Record Prices Now!

Nationwide radio interview with PAE Co-founder Scott Tilson examines what collectors are so excited about.

Collectors are paying record prices for museum quality concert posters that are CGC graded and 100% original and free of restoration.

Collectors are paying record prices for museum quality concert posters that are CGC graded and 100% original and free of restoration.

Over the past two years, collector's have witnessed literally hundreds of price records set in our auctions. When news broke about the record setting $50,600 recently realized in our auction for a FD-26 graded 9.4 by CGC, our offices were deluged with media requests.

Below is the first 10 minute segment of a one hour interview with PAE co-founder Scott Tilson that was broadcast to over 60 radio stations nationwide. While the interview was wide ranging, the focus of this segment was on the factors that contributed to the record setting price of the FD-26.

To summarize, the world record price was the combination of world famous, iconic imagery, a beloved musical group, 100% original museum quality condition free of any restoration,  independent, third party verification of this originality and condition by CGC and Eric King, and demand from new collectors excited by the wonderful values available in our hobby compared to every other collectible.

We believe we are in the very early days of this focus on quality, originality , and third party authentication and grading by CGC. As we all know, just a tiny percentage of concert posters that were originally produced over 50 years ago have survived today in ANY condition. And of those that have survived, just a tiny percentage of those have been preserved in 100% original, undamaged condition, free of restoration. 

If you are willing to pay the premiums demanded in today's market for quality and originality, we suggest you get a an unbiased, third party opinion that verifies you are getting what you bargained for, whenever possible. 

It's a big world out there, everyone has their own perspective and should collect what is of interest to them, but the factors enumerated above are what's behind today's record setting prices seen in our auctions. 

It's also no coincidence that these are the EXACT SAME FACTORS that are also creating world record prices for rare coins, stamps, paper money and comic books. These record prices have been widely reported about in major media such as the The New York Times and The Wall Street Journal and highlighted in earlier posts in this blog. 

You can ignore what's happening around you, or decide "the trend is your friend". The choice is always up to you!

Listen to the full interview below --

How to Win Vintage Concert Poster Auctions Without Really Trying!

Entering Secret "Max Bids" Can Save you Time and Money!

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At Psychedelic Art Exchange we work with alot of collectors that are highly successful individuals in their given field.

A common frustration we often here from these collectors is that they are often too busy to be available to bid in our auctions at a specific day and time.

"Isn't there a way they I can simply just buy this poster I want?", is a question we hear repeatedly every time we launch an auction. While we cannot sell a lot privately that has been consigned to our auction, we do have a solution for those too busy to bid during the closing hours of our sale.

The Limitations and Advantages of Straight Bids-

As a registered bidder in our auction, you have the ability to enter two different kinds of bids, "straight bids" and "max bids". Entering a "straight bid" enters your bid at the next increment for the lot. 

An advantage of "straight bids" is that a collector can gauge "the heat" of the market, and adjust their bids up and down "on the fly," based on how values are being revealed in real time compared to their expectations prior to the sale.

However, if the "straight bid" you entered is topped, you MUST be online and available to make an additional bid before the auction closes, or you will miss out on the lot you are interested in acquiring. Since many bids come in during the closing minutes of an auction, it is all but essential that you be available at this time,  if you wish to win a lot utilizing "straight bids".

It's all but impossible to enter a straight bid days before an auction closes, walk away, and win that lot. It almost never happens.

Max Bids - The Collector's Digital Assistant-

A solution to this predicament, is the secret "max bid". When you enter a secret "max bid", you are asking our platform to bid up to a set amount on your behalf. Your current bid will be entered at the lowest possible increment, NOT AT YOUR MAX BID, and no other bidders will be aware of your max bid.

If someone tops your current bid, the platform will automatically bid again on your behalf, up to the "max bid" you previously entered. It's like having your own personal assistant monitoring the auction for you!

Of course, if your "max bid" is topped, you still have the right to enter a "straight bid" or another "max bid" if you want to stay in competition for the lot. 

2 Major Advantages You Gain With Max Bids

1) Utilizing "max bids" alleviates the need of you being available for online bidding at a specific date and time. The platform serves as your digital assistant, and will attempt to win you the lot for the least amount of money possible without going over your "max bid.'

2) Utilizing "max bids" prevents you from getting caught up in "auction fever". You figure out the most you want to pay for a lot, enter it as your secret "max bid" and walk away. You will either win the lot or not, but your bids will be based on your carefully considered calculations, and not on emotions that can and do bubble up during the auction.

Try It You 'll Like It!

Make not mistake about it, the utilization of "max bids" is no secret among knowledgable collectors. In every one of our auctions, about half our lots are won by collectors utilizing secret "max bids". In almost every case, the lot is won for less than the secret "max bid" entered, often MUCH less!

If you are bidding in our sales, or are too busy to bid, try utilizing the "max bid" option on just one lot. We think you'll find this the most convenient way to participate in our auctions and you just may win a lot that you would otherwise be too busy or unavailable to bid on!