The collectibles market is buzzing with the news of two new world record prices that were hammered down in the past 10 days.
On November 17, 2016, A Superman comic book number 1 that was CGC graded 4.5 was sold for $358,500. We have attached the article with the news which is very important to readers of this blog to read for two reasons.
First, the comic book was CGC graded, the very same service that has now begun authenticating and grading Vintage Concert Posters. Secondly, the attached article clearly states that collectors are paying these record prices for items that are totally original and UNRESTORED. Every high priced comic book is now third party graded by CGC as collectors demand an impartial, third party opinion when they putting to work their hard earned money. How lucky we all are to be here now, on the ground floor of CGC concert posters.
On November 17, 2016 a Mickey Mantle Rookie Baseball Card PSA Graded 8.5 was hammered down for a world record $1,135,250. In this same sale 20 cards exceeded $50,000, all 20 of which were of course third party authenticated and graded by PSA, the leading third party grader and authenticator of cards.
Both World Record sales made NATIONAL NEWS as the widespread interest in TANGIBLE ASSETS continues to grow in this crazy environment that we all now live in. As we have previously reported, many people are more comfortable having their assets in something they can understand and hold in their hands and that is private and confidential. This compares favorably with a blinking number on a computer screen that changes every second and is subject to hacking, legal seizure, etc. In any event, it would be hard to argue that Vintage Concert Posters are ridiculously cheap compared to every other collectible. We continue to advise you to fill in your collection now, because what can’t last forever (bargain basement prices) definitely won’t.
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