Vintage concert posters

NPR Examines Grateful Dead's Immense Popularity With Today's Youth!

Iconic band is surprisingly more relevant than ever before!

This Museum Quality FD-26 Skull and Roses concert poster realized a record $50,600 in our auction last year.

This Museum Quality FD-26 Skull and Roses concert poster realized a record $50,600 in our auction last year.

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.

CGC Graded Concert Poster Market 2019 - What Collectors Don't Understand!

4 things every collector should know about today’s market.

The Famous “Vanessa” concert poster. Grande Ballroom, James Cotton / MC-5 Nov. 10+11, 1967. Many collectors believe the “Best of the Best”.

The Famous “Vanessa” concert poster. Grande Ballroom, James Cotton / MC-5 Nov. 10+11, 1967. Many collectors believe the “Best of the Best”.

The market for Vintage Concert Posters has become the most exciting collectibles market in the world today due to a a multitude of positive developments that has created a “perfect storm” for these historic works of art. Please reference previous posts for extensive detail and discussion.

Despite everything that Vintage Concert Posters has going for them, there is one HUGE overriding factor that has turned this market into an overnight success, 50+ years in the making. And of course, we’re talking about the introduction of independent third party grading by CGC.

Without CGC, we would not be witnessing the massive influx of new collectors into this market. These collectors are already experienced acquiring independently authenticated and graded rare coins, stamps, baseball cards, comic books, autographs, paper money, etc,. This experience makes their transition into Vintage Concert Poster collecting both comfortable and seamless.

This huge increase in demand has lead to record prices and appreciation for the finest quality and rarest pieces and a commensurate dwindling of the tiny available supply. The facts show that of the hundreds of price records that were set for Vintage Concert Posters in our auctions in 2018, well over 90% were authenticated and graded by CGC.

Despite the warm collector reception that CGC posters enjoy, there are 4 important facts about today’s marketplace that are not widely understood.

1) Not All concert Posters Are Eligible For CGC Grading.

This is the most common mis-conception in today’s marketplace . Currently, CGC only authenticates and grades posters that are listed in The Art of Rock by Paul Grushkin, or in Eric King’s Collector’s Guide to Psychedelic Rock Concert Posters, Postcards and Handbills.

King’s guide lists popular concert poster series from The Family Dog, The Bill Graham Series, The Grande Ballroom, The Neon Rose , and The Vulcan Gas. The Art of Rock lists several hundred other concert posters from various venues throughout the United States.

There are still a large percentage of posters, perhaps 35-45% (our best guess, only) that are not currently listed in these two reference books, and are NOT currently eligible for CGC authentication and grading.

CGC will be expanding their universe in the the future, which leads to another opportunity that requires more discussion at another time.

2) Psychedelic Art Exchange Has EVERY Eligible Poster CGC Graded Before It’s Sold or Auctioned!

Our mission at PAE is very simple, and very clear. We provide a safe and secure place to buy, sell, and learn about Vintage Concert Posters.

Everyone knows that the value of ANY given collectible is largely based on it’s condition. Small differences in condition lead to large differences in value.

This means there is an inherent conflict of interest between buyers and sellers. We remove this conflict of interest by getting every eligible poster CGC graded before we sell or auction it.

For buyers, this means you can bid with confidence, knowing that you are basing your purchasing decision on an unbiased third party opinion.

For sellers, it means enjoying the benefits of the huge demand and record prices that the market commands for CGC graded material. It’s a win-win situation for everyone concerned.

The reason we adhere to this policy 100% is because we don’t want to put collectors in a position of wondering “Why isn’t this poster CGC graded? What is the seller trying to hide?”

Of course, PAE also buys and sells concert posters that are not currently eligible for CGC grading. Our policy with these issues is to grade the posters on a consistent scale of 1-100, published in writing, on our website. In addition, every poster is backed up by the strongest guarantee, in writing, possible.

3) CGC Grading is FAR Stricter Than Most Collectors Realize.

PAE prides itself on offering the finest quality material available today. We have been high profile “condition freaks” from the very first day we opened our doors over 10 years ago.

That being said, CGC has given new meaning to the term “Strictly Graded”. It is our belief that CGC provides the absolute best value for your collecting dollar at every end of the condition spectrum.

In every auction we have savvy collectors picking off incredible quality posters graded 5.5 -8.0. Don’t let the numerical grade deceive you. These posters provide tremendous value and quality.

Likewise, every auction features posters graded 8.5 - 9.2 that are stone cold gems. We’re talking about super clean pieces free of nicks, cuts, tears, and pinholes. These are posters that used to be described… and sometimes still are… as “Dead Mint” before the introduction of CGC.

The bottom line is that if you are a collector that’s looking for the maximum bang for your collecting buck, take a close look at concert posters with slightly lower CGC grades. You’ll be blown away by the quality you receive in return for the funds paid out.

We’re confident abut this based on the steady stream of collectors that tell us how excited they are when they receive an item that greatly EXCEEDS their expectations.

4) CGC is Not Just About Determining Condition

While the numerical grade of a CGC concert poster is always the top subject of conversation, there is another equally important layer of confidence and protection that CGC offers, independent attribution and detection of restoration.

Before CGC, you really had to become your own expert to safely buy these posters. The law of the land was Buyer Beware.

Undisclosed hidden restoration and counterfeit posters was commonplace. CGC has solved all that. Now collectors can buy and sell with confidence. And the results speak for themselves.

John Bogle, the legendary inventor of stock index funds died tonight. His company went from zero to 5.1 TRILLION dollars under management ( Yes, TRILLION) based on a single simple idea. Bogle is quoted as saying,” It was never my intent to build a colossus. Turns out, when you do what’s right for investors, money pours in.”

At PAE, we try to follow this very same ethos. You have our word that in 2019 we will continue to work our hardest to provide you — and all collectors — a safe and secure place to buy, sell, and learn about Vintage Concert posters.

Onward!

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.

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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. 

Grade: A+

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.

Grade: A-

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". 

Grade: D

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. 

Grade: A

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.

Grade B+

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.  

Grade: A

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. 

Grade: B

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!

Grade: C-

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. 

Grade A+

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.

Rolling Stone Magazine Publishes Major Feature on Vintage Concert Posters!

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.

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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!

Certified Neil Armstrong Collection Realizes $5.2 Million at Auction!

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.

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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.

New York Times Publishes Major Article on British Acid House Flyers!

Direct link drawn to 1960’s Psychedelia

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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.

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 --

Wall Street Journal reports on pop culture "Deadaissance"!

The Dead's legacy continues to grow with today's younger generation!

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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.

Vintage Concert Poster Collecting -- How to Fail Miserably!

Many collectors believe vintage concert posters represent the most exciting collectible opportunity in the marketplace today. Here's 4 ways to guarantee disappointment.

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On February 14, 2018, I traveled to Los Angeles, California to hear the advice of the world famous billionaire investor and businessman, Charlie Munger.

Munger, 94, is Warren Buffett's business partner and Vice Chairman of Berkshire Hathaway. He is widely credited for contributing vastly to Buffett's success and his decades of wisdom have been published in a highly regarded book, "Poor Charlie's Almanack, which I highly recommend to all readers of this blog. Buy the book here.

One of Munger's principal pieces of advice that he repeats again and again is "to invert, always invert". By that, Munger believes strongly that if you want something in life, the best way to get it is to list what you DON'T want and avoid that list.

For example, if you want to find a great spouse or life partner, what are the 5 character traits you must avoid? If you want a great job, what are the 5 things you don't want in a boss, work environment and prospects for advancement?

In this spirit, I'm giving you 4 common and easy to make mistakes , that if practiced rigorously, will guarantee failure and disappointment in your concert poster collecting activities.

1) Don't Research.  There is an old saying in collectibles, buy the book before you buy the collectible. Ignore this saying. We have provided a standard list of reference books that EVERY concert poster collector should have. Ignore this list. Also, this marketplace is rapidly growing and changing month by month, as documented in this blog. Turn a blind eye to new opportunities, stay inflexible in your thinking, and keep your mind firmly rooted in the past.

2) Don't Plan. This is very common and very easy to pull off. Vintage concert posters are cool. REALLY cool! So just go ahead and start collecting without any goal or plan. You are guaranteed to quickly amass a very cool "pile of stuff". You won't have a collection that "hangs together", you won't be able to explain the significance of your collection to your friends, family and associates, and you won't experience any pride of ownership.

With no pride of ownership, and no real goals attained or pursued, you will quickly lose interest and be on to "the next thing" before you know it. For beginning collectors, we provide a list of possible collecting suggestions that could provide a road map of how and where to stop. Ignore this advice.

3) If a deal looks too good to be true..buy it! Here's another oldie but goodie. A collector gains a little bit of knowledge, just enough to hurt themselves. Suddenly an opportunity appears that looks too good to pass up. Surely, the little bit of beginning knowledge you have attained puts you head and shoulders over everybody else that has been collecting for years, right?

Maybe you are the first person to discover that there really is such a thing as a "free lunch". Maybe you should disregard the fact that the most successful collectors ALWAYS "pay up" for the rarest and finest quality. Maybe you will be the very first collector that rises to the top by picking off supposed bargains that only YOU were lucky enough to locate. Maybe!

4) Don't Look For a Dealer You Can Trust. You are masterfully doing steps 1, 2 and 3 listed above. YOU GOT THIS! You don't need help figuring out what opportunities to pursue. You don't need help figuring out what price to pay. You don't need guarantees in writing. You don't need consistent grading standards that have been clearly outlined. You don't need unbiased third party opinions about authenticity or grade. You don't need disclosures about hidden, professional restoration that is near impossible for anyone but an expert to detect. You don't need professional advice and guidance, because you have everything already figured out!

If you enjoyed this blog, you may also wish to read an article about advice we received directly from Warren Buffett himself, and how it pertains to successful concert poster collecting. You can read that article here.

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! 

 

PAE Offers The Ultimate Vintage Concert Poster Price Guide!

Past Auction Results Provide True Market Information

Whether buying or selling, everyone wants to make an informed decision about value paid and received. PAE offers an extensive free Past Auction Results database which is an informative tool that can assist you with your collecting decisions.

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The database is highly searchable by venue, band, grade, CGC, artist signed,etc. We recommend searching "All" our past auctions for the items of interest. Just enter your search term, hit the "Submit" button and everything we have sold in past auctions is clearly presented including a super high res photo of the lot, description, date sold, and price realized.

Please keep the following in mind when accessing this information:

1) Values can and will fluctuate. The same exact poster can bring widely fluctuating prices on different days depending on who shows up at any given auction to bid. In every single auction we conduct, there are some lots that slip through the cracks and sell for way less than should have, or have sold for in the past. Also, in every single auction, will be lots that draw intense interest and keen bidding competition that drives the price realized above what most market observers expect, or above what a comparable item has sold for in the past.

This means that if you're looking to acquire a particular item, it may be unrealistic to expect to pick that item up for the same "steal" some other lucky collector previously snagged. Conversely, if you are consigning to an auction, it can be equally unrealistic to think your item will receive the same run away bid that some other consigner enjoyed. 

2) Size Matters! (Sample Size That Is) Because values can and do fluctuate widely as discussed in #1, sample size greatly increases the accuracy of valuations. This means that if you have 3-5 previous auction results for a given item, you will have a much more accurate estimation of value compared to if just one previous sale has taken place.

3) Historical Context is Important It's no secret to readers of this blog that the market for vintage concert posters is exploding in popularity. Prices realized years ago can be no more relevant today than what shares of Facebook traded for at it's IPO, or what ocean front homes in Malibu sold for long ago. Values can, and do, go up AND down, and it's important to take into account where the market is NOW, compared to the dates of the previous auction sales you uncover.

4) Small Differences in Condition  = Huge Difference in Value When researching past auction results, be sure to take condition into account. In today's quality conscious market, small differences in condition often lead to huge differences in prices realized. When comparing a past sale to a current opportunity to buy or sell, be sure to take this into account.

5) Understand CGC Premiums When researching past auction results, it is critical to understand that the value of items independently authenticated and graded by CGC cannot be fairly compared to items that are not CGC graded. Like every other major collectible such as rare coins, comic books, baseball cards, postage stamps, etc, collectors, on average,  are willing to pay HUGE premiums for material that has been independently authenticated and graded.

This is because CGC provides an unbiased opinion on condition free from the conflicts of interest inherent in non CGC material, professional restoration that is only apparent to the highly trained eye will be fully disclosed, liquidity is greatly enhanced, the airtight holder is the safest and most secure way to store the material, and many other advantages that have been previously discussed in this blog.

If you're buying an item that is CGC graded, do NOT expect to pay the same low price that a ungraded example of the same issue sold for. If you're selling a non graded item, do NOT expect to receive the same high value that a CGC graded item realized. Whether buying or selling, comparing the values of CGC graded material directly to non CGC graded material will lead to disappointment. Adjust your expectations accordingly and be realistic.

6) Collectibles are not Stocks and Bonds - Every item is Unique! When researching past auction results, it's imperative to remember that every single poster is different and every collector has different tastes and opinions about desirability. Because of this, we HIGHLY recommend that you carefully review the description and photo of each item sold and not rely solely an item's grade, date sold and price realized.

For example, you can have a poster graded 8.5 that is DEAD MINT except for a single pinhole and another poster graded 8.5 that is free of pinholes but exhibits light overall handling. Some collectors are willing to pay more for the former, others are willing to pay more for the latter. So be sure to take a holistic approach to researching values and be sure to incorporate ALL relevant determinants of value including the most important determinant of all...your own personal tastes!

7) When in Doubt Get an Expert Opinion Please know that whether buying or selling, we stand ready to assist you any way possible. Please feel free to contact us with any questions or information you need. You can be confident you'll receive the highest quality information and advice available today!

Click here for Past Auction Results!

 

Life Magazine Declares 1968 "The Year That Changed The World"

Historical Importance of Vintage 1960's Concert Posters Underscores Their Desirability

Life Magazine's new edition celebrating the historical importance of 1968.

Life Magazine's new edition celebrating the historical importance of 1968.

This blog had gone to great lengths to explain the many different factors that have have led to the current explosion in interest and demand for vintage 1960's concert posters. While a long list of positive attributes are now combining into "a perfect storm", no single factor is more important to the attractiveness of this hobby than the historical importance of these posters. 

Many historians believe that the 1960's was the most important decade of the 20th century. That's why 50 years later the entire world had a year long celebration of the 50th Anniversary of The Summer of Love. And that's why Life Magazine has just published a special 50th Anniversary Edition celebrating the 50th Anniversary of 1968- "The Year That Changed The World". 

Life's 1968 Special Edition is currently available on newsstands and at the checkout lanes of local supermarkets nationwide. While obscenely expensive ($14.95), the magazine is quite interesting in reviewing everything that happened in just one year: the Viet Nam war, the assassinations of Martin Luther King, Jr and Robert Kennedy, The Apollo 7 mission to orbit the moon, the election of Richard Nixon, peace protests on college campuses nationwide, etc.

A story on the art of the times, and how it closely correlated, commented and documented the times-- The Beatles'White Album and their song "Revolution, The Stones' Beggar's Banquet and their "Street Fighting Man", Janis Joplin and Big Brother's Cheap Thrills, Dylan's John Wesley Harding, the musical Hair, and Tom Wolfe's Electric Kool Aid Acid Test-- are also highlighted.

There can be no question that these were special times, and this was special art, all of which has had a lasting impact on our world 50 years later. Many collectors believe that vintage concert posters, and their links to this history, are the most compelling and authentic artifacts remaining from this all important era. And it is this historical importance that really anchors the desirability of vintage concert posters and makes them so much more interesting than many other collectibles.

One final note: as collectors we often talk about the "The 1960's", the importance of the decade and the desirability of it's concert posters. It's important to remember, that when talking about 1960's psychedelic concert posters, what we are really talking about are posters that were issued primarily in 1966-1969. That's just 4 short years (plus a couple months of late 1965). This represents a tiny fraction of the total universe of concert posters create 1966 to date and explains why posters from the 1960's absolutely deserve the added attention they enjoy and value premiums they command.

 

Saturday Evening Post Features Vintage Concert Posters

Re-publication of classic 1968 article illustrates the current explosion in the marketplace was 50 years in the making!

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It's no secret to current market participants that the 50th Anniversary of The Summer of Love was hugely successful in exposing vintage concert posters to millions of people that otherwise would not know these incredible artworks still exist and are highly collectible.

A few months ago, the Saturday Evening Post re-published a cover story on 1960's concert posters that was originally published in 1968. (The original 1968 cover is pictured here.) The article underscores the fact that these posters are authentic pieces of history from what many consider to be the most influential decade of the 20th Century. 

Unlike coins, stamps, comic books and baseball cards, these posters were created in editions of hundreds or thousands....not hundreds of thousands, millions or tens of millions! Also, unlike sports cards and comic books, vintage concert posters were not created to be saved. Concert posters are authentic historical artifacts, NOT manfactured rarities.

The huge majority of concert posters were posted on walls and telephone poles to promote a concert. Because of this, just a tiny fraction of 1960's concert posters have survived the past 50 years in undamaged condition. (The article also speaks of 1960's head shop posters which WERE issued in tens of thousands and distributed in retail outlets--a different category altogether.) 

The bottom line is the current recognition and explosion in popularity of vintage concert posters amongst collectors is well earned and just the latest chapter in a story that is now over 50 years old!

To read the entire Saturday Evening Post, click here

 

Rare Dracula Movie Poster Realizes World Record $525,800!

Further proof Vintage Concert Posters represent most lucrative collectibles opportunity in the world today!

Vintage movie posters made national headlines in November, 2017 when a 1931 Dracula poster realized $525,800 at auction - the highest price ever paid at public auction for a movie poster. Five other movie posters realized over $200,000 and over a dozen realized over $100,000 in 2017.

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These record breaking prices serve as further proof that vintage concert posters represent the most lucrative collectibles opportunity in the world today.

Experienced collectors understand you can still acquire the rarest, the most beautiful, and most historically important concert posters --in Museum Quality condition -- for literally pennies on the dollar compared to other collectibles.

In a world where the most desirable comic books, baseball cards, coins and stamps routinely realize over $ 1 million each, you can still collect the very best concert posters for $5,000 and up. And miraculously, there are still many dozens of concert posters that are 45+ years old, featuring famous bands and venues, in pristine condition, that can be purchased for well under $1,000!

Clearly, our market represents a powder keg that is in the process of exploding. Third party authentication and grading, the publication of a major collector's guide, the recent 50th birthday of the collectible and major media and museum exposure --all documented in previous blog posts here-- have allowed vintage concert posters to finally take center stage. That's why PAE gained over 400 new clients in 2017 alone!

It's not often in life that you get exposed to true ground floor opportunities before the rest of the world finds out. How lucky we all are to have discovered these rare and beautiful pieces of history  that can still be acquired in Museum Quality condition for a tiny fraction of what many collectors expect them to be worth in the future. Collecting vintage concert posters is fun, exciting and affordable! 

 

 

 

10 Predictions for Vintage Concert Posters in 2018!

Here's what we see happening next!

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As previously discussed, the marketplace for vintage concert posters is evolving at light speed. Be cognizant of the following market trends when planning your own collecting activities.

1) Record Prices fo the Finest and Rarest!

Increased demand and dwindling supply will lead to record prices across ALL categories. The current market environment has collectors paying up for both TOP QUALITY and TOP RARITY. This means the finest known example of a $100 poster is just as likely to draw a record price as a one of a kind $25,000 rarity. In the few instances where a top quality example of a super rare item surfaces, expect fireworks to happen! Will 2018 see the first $100,000 concert poster at auction?

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. This would be more than double the 450 new clients we welcomed in 2017. It's a big goal, but we are committed to more than doubling our annual market expenditure to to reach our goal. 

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". Collectible ALWAYS are the number one beneficiary of this type of environment.

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. We are actively searching for more staff and if you are in the area and love this material and interested in joining our team, please let us know, IMMEDIATELY.

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.

Through the decades there have been various stashes of posters that were never "put up" and that served as a ready source of supply that could help quench the thirst of any new demand. The very last of these stashes are quickly becoming extinct. This is quickly resulting in a heightened appreciation for virtually ANY 1960's concert poster that has survived the past 45-50 years. This major market inflection point, well understood by long time observers, will become common knowledge among all collectors and will greatly effect values in 2018.

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.  Let's face it, the artists of the era are not getting any younger. 20 years ago, an artist signed poster was no big deal. Now that these artists are in their 70's, the ability to acquire their signature on a poster is a much more highly valued opportunity. As it should be!

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. 

These venues issued posters of incredibly high artistic value, in extremely limited quantities, for a very dedicated psychedelic communities outside California. Importantly, major new books have also been recently published on these venues. 

In many cases these posters can be acquired for a fraction of what the more well known posters out of California command. Experience dictates that market inefficiencies like this can't last forever and this one won't either. Take advantage while you can!

8) Values of Large Size Fillmore Posters Explodes

Let's face it. High quality examples of posters in CGC graded holders are on average, worth a huge premium to the same issue that has not been third party authenticated and graded. Up until now, CGC has not had the capabilities to grade the large size Fillmore poster, but this situation is about to change. Look for these massive posters to command substantial premiums once CGC commences grading in the coming weeks! And of course, the larger a poster is, the harder it is to preserve in museum quality condition!

9) Values of Large Size AOR Posters Explodes.

CGC is currently committed to grading and authenticating all poster in the Art of Rock. The exception was large size posters that required a new holder that will be launched in coming weeks. Look for all AOR posters that have not yet been eligible for CGC grading to explode upwards in value when placed in CGC holders. There is a huge pent up demand for these issues to be available with CGC grading.

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. 

In addition, CGC has devised a wonderful holder for concert postcards, that includes holes that can easily be used with a binder. Collectors LOVE the CGC concert postcard product as you get the same iconic art, the same historical importance, a system to display a collection, all for just pennies on the dollar compared to what the very same posters command. This is a trend that has nowhere to go but UP!

 

 

 

Overstreet Shifts Vintage Concert Posters into Overdrive!

Overstreet Guide to Collecting Concert Posters adds more fuel to fire up a market that is already burning bright! !

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Collectors and investors will certainly look back on 2017 as a year of major growth for vintage concert posters. Thousands of new collectors are entering the field due to a confluence of circumstances that will be outlined in our upcoming year in review.

This exponential growth has led to predictable results including record prices, an increased focus on original, unrestored posters and a greater appreciation for the historical importance and relative rarity of pristine, undamaged vintage concert posters.

The recent publication of The Overstreet Guide to Collecting Concert Posters provides more tangible proof that vintage rock concert posters have become a major collectible area with mainstream appeal!

The importance of this publication cannot be overstated.

Overstreet is a major collectibles publishing house that is solely focused on collectibles that have broad, mainstream appeal! The reason this new Concert Poster Guidebook exist is because Overstreet's marketing team has identified a world wide demand for information on this exploding collectible market segment.

Overstreet is a trusted source for collectibles information. Millions of collectors are very familiar with the Overstreet Collectible Guides, particularly in the comic book and movie poster markets.

Overstreet guidebooks are distributed internationally, online, at every major bookstore, and across the counter at over 3000 comic book stores across the United States. This now Concert Poster Guidebook will now become the most widely promoted book on concert posters ever produced!

The Overstreet Guide to Collecting Concert Posters is sure to provide an introduction to thousands of new collectors in 2018, and in each year beyond. The 267 page, full color guidebook includes artist biographies, stories on the classic venues, tips on storage, a detailed look at the historic impact of CGC's third party authentication and grading and much, much more!

Every major collectible- rare coins, stamps, comic books, baseball cards, paper money and countless others have their recognized Guidebooks. Besides being an introduction and source of information, these Guidebooks provide a legitimacy that interest in these collectible markets are widespread and "real".

The publication of The Overstreet Guide to Collecting Concert Posters marks yet another major step forward for our remarkable hobby. The positive repercussions are sure to be felt in 2018 and each year beyond! Owning this historic Guidebook is a must!