There's nothing worse than seeing gnrs watching them cover pink floyd songs of I wanted to listen to floyd you'd go and see whatever their names are.
if u know what ur doing its the same as playing the stockmark and buying artwork no different ,if your cluelees and have a bad attitude you will just go broke
I have tons of stuf wortn 10 to 20 times what they were worth only a few years ago not to mention all the stuff I put away .
I mean when johnny cash when alive sold for a few hundred .last one I sold sold for 17,500. I made so much money since he died its stupid
Clapton signed enough guitars to buy me a condo in nyc
my eagles and fleetwwodmac stuff have sky rocketed
anything that u can prove is real .the fact that im the first person in line that actualy got the stuff is a big premium for buyers and collectors.
beatles stuff doing amazing
heritage does a quartly music auction and does 5 million on junk stuff.
look what brenan has made from rr in the last since he teamed up do the math is it a half million on stupid photos and albums
look at what a complete metalica goes for now that james sucks
piok Floyd dark side of the moon 4 to 5 k now
I guess u right real bad investment
17500 for Cash signed guitar?? Marc you talking from an IP dealers perspective which is fine but if you pay 17500 today for cash how long will you need to hold onto it for it too be an investment.
it sold in auction 6 moths ago for 18500 what do I care ,I made a lot of money
Obviously, it also depends on whose autograph, the rarity and the demand. People who sign rarely or die young are going to appreciate a lot more, assuming the demand is the same, versus someone who signs regularly and lives out a long life. See Jimi for example. Barely four years in the limelight before he was gone, and there wasn't the same level of autograph seeking back then as there is now.
In the world of rock posters and handbills that I spend most of my time in, prices have just kept increasing. There are a lot of rich boomers out there with time on their hands, and more money than they know what to do with, and the human species instinctively seems to collect things. So, once they get a hair up their butts, they just open the wallet and scoop up whatever they want. See Jim Irsay and many others.
Sure they can considered investments, if you really know what you're doing and are cautious. That being said, there are some variables in the mix that frequently prevent them from being GOOD investments. As many unknowns as there are about stocks, for example, authenticity is not among them. In the autograph hobby, it's obviously an enormous issue. If you buy a stock in a large cap Google or Apple, or even a startup company in it's initial IPO, there are a lot of questions to ask before you pull the trigger, but whether or not it's fake generally isn't in the equation. The autograph hobby is a minefield, and even if your own purchases aren't forgeries, the sheer amount in the field does affect just about everything.
I collect rising music stars, namely those I'm a fan of and those from shows I go to. If they go up, great. If they don't, odds are I'm not taking anything resembling a devastating loss. Meanwhile, the value of some of these acts has increased tenfold within the course of a year. Obviously this area isn't everyone's cup of tea, but it's what I like and works out alright.
Point made, bhe same is true with fine art and that has "always" been a good investment.
Collectibles are always spotty as investments to varying extents. But fraud in the autograph realm in't just rampant, it's extremely easy to do and easy to get away with.
Personally for me. The thrill in hunting down the rare autographs comes first. Secondly will be the enjoyment of owning it. In terms of investment, I think I have done well fro myself over the years in the hobby.
Here are some of my autographs over the years that had made good returns for me:
1) Bruce Lee autograph. Paid $900.00. Sold for $8K
2) Nelson Mandela. Paid $40.00. Sold for $700.00
3) Prince. Paid $1200 for 5 of his autograph cuts. Sold all for $6k before he passed.
4) SRV Signed Guitar. Paid $5K. Sold for $18K within 2 years.
All profits usually goes into another grail piece that I had coveted.
I am sure Marc E and Brennan are able to cash in as their collection are all IP. They worked hard for it and is cashing in now.
Always have fun in whatever you are doing and the returns are like bonuses !!!!
I am with you on this. It is more about the thrill of the chase than making an investment.
An investment is usually long term flipping is the short term definition. I hope the buyers dont see j.seahs post the suckers.
With the money being paid for some of these autographs how can they NOT be considered investments?