Tom Petty / Heartbreakers Photo sells for a record $7800 at RR Auction!

For those who say the market is soft - this 10x13" fairly rushed signed photo with so so contrast especially in the Petty went for a whopping $7800 yesterday at RR Auction. Am I missing something or is this worth about 500 bucks? Petty was a fairly generous signer during his life too.

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Permalink Reply by Joe W. on July 10, 2020 at 3:32am

It takes at least two to create a distorted price like that. I can see where someone may place an extremely high ceiling bid in order to win an item at an auction. But, the second bidder doing the same thing is not common. I betting there is a story behind this that will never see the light of day.