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Authenticity is Everything
Death Profiteering: Fair or Foul?
Today we learned of the passing of Carrie Fisher and sadly as the years go on we will continue to lose more of the people we admirer.
With that loss we see both the initial skyrocketed prices and those buyers quick to own something touched or signed by that person: A connection.
Those people who sell are thought of (by some) as profitting off of the death. Do you believe this is fair? The demand is obviously there, people who waited and missed out before they passed, so is it fair to blame the dealer?
I am personally mixed, I like to think of the collecting universe, as a place where people only buy or obtain those they care about, but this is of course the real world and for many it is a buisness.
What are your opinions on this strike when the iron is hot mentallity?
Replies to This Discussion
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Permalink Reply by Paul on
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They wont steal your money but they will take as much coin of you as possible. Who's going to pay 1000 us dollars for george michael at the moment.
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Permalink Reply by Adam Halloran on
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Haha, that is the truth.
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Browse George Michael and see the prices, 4000 is the highest ive seen. I'm going to look at Carrie now.
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To trust a dealer there has to be some interaction between the two parties over a period of time, an exchange of currency or you mention your consignment a deal and it takes time to build that trust especially through the net because it's not a real life building process of face to face. To trust a seller for myself I need to know if the dealer is selling authentic autographs and it helps if there using one of the best tpa's in the business and they will have Caiazzo for example, examine the graphs.
So many listings you see ip-grapher will say the item will pass psa/dna or jsa or money back ,it's hardly a reason to buy, when they maybe squiggles.
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Very true.
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Sadly, I am not surprised.
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Michael jackson was the biggest artist to die,that caused ebay to go nuts.
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Permalink Reply by Joe W. on
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This is nothing new. But, now the Internet and sights like eBay has enabled it to be instantaneous and visible. Seen this happen many times before and the bigger name of the star combined with the circumstances of their death, the higher the curve. By the same token, everyone should be fully aware by now that prices and demand will subside. Emotional responses are usually never cost effective.
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Permalink Reply by James Stone on
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100% fair. Business is Business. Same goes for Harrison Ford (who has made millions) charging his fans $1000 for an autograph that takes him about 2 seconds to sign. It is worth what people are willing to pay, that is capitalism.
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I can understand your argument completely, while I may not agree with it too. Buyers should be less emotional when buying, especially right after a death. Someone like Carrie Fisher signed thousands of autographs, so the inflation of her value is insane comparable with what is out there.
That is the dealers trying to make money off sentimental value, which while fair because no one HAS to buy...It is a bit grimy.
As I said though, it is the nature of the business. As you said, some of these people are already charging their fans crazy prices for something that only took 2 seconds to sign. It is all about money.
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Right, buyers shouldn't act on emotion. Ed Rendell, a famous autograph collector wrote in his book NEVER BUY right after someone has passed. He used Princess Diana as an example of just how much things can skyrocket. Carrie's prices will come back down, they won't return to when she was alive, but people are getting ripped off at these levels.
I don't necessarily think it is morally right to profit off of someone's death. But I also feel that you can't mix morality with business (most of the time), I mean if we did that, morally there are tons of other things far more morally wrong than autograph prices.
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