Two weeks ago we told you that our office has received a growing number of calls from people looking to diversify some of their assets away from the volatile stock market and into classic 1960’s concert posters, where ownership can be more rewarding on several different levels.
We told you that some of these calls were coming from “big money” Wall Street type investors who were seeking the very best posters in the very best condition possible. These buyers are willing to pay whatever it takes to bring these sought after masterpieces into the marketplace. The thinking goes as follows:
“I’m going to own these posters for 10-15 years or longer. When I finally want to sell, it will be insignificant if I paid a bit more at the time. The key is I want the right material now, and the longer I wait , the more I will have to pay.”
This week, The Wall Street Journal reported on the new edition of the seminal book, “The Art of Rock”. This is a book that EVERY collector MUST own. The book has long been out of print. If you don’t already own this, buy your copy NOW.
The value of Wall Street exposure such as this to our fast growing marketplace cannot be overstated! Millions of the world’s richest investors are seeing this story, and the art, and many have a strong attachment and affection for the music and the era. The snowball grows larger with each passing day!
A link to the Wall Street Journal story is below.
Last week also brought news of another concert poster book that highlights 1960’s psychedelic concert posters from the Seattle area. This book comes out in 2 weeks and is highly recommended. Just 500 copies are being produced, so don’t delay, order your copy today here!
It’s important when you see these recommendations to act without delay. It’s the little things that combine for success in our hobby. Don’t wait for books to sell out and for museum exhibits to shut down! Become a member of The Rock poster Society, buy the books we recommend, attend the museum exhibits we tell you about. It all adds up to a lot of fun and puts you on the leading edge of the most lucrative collectibles opportunity in the world today!
Any seasoned collector will tell you that one of the main keys to success is specialization. Why?
The answer is really pretty simple. Specialization allows you to tilt the odds for collecting success in your favor by allowing you to gain knowledge and expertise that exceeds what is generally known on a topic.
And just like everything else in life, knowledge and expertise = power and success.
For example, specialization will allow you to know about specific issues that are rarer or more common than generally believed, you’ll meet and know the other sophisticated players in your specialty, and you’ll be able to identify mis-priced opportunities both at auction and in dealer inventories. Also, once you are known in the collecting community for a specific specialty, you will be the first to be offered opportunities and deals that pertain to your area of expertise.
These are just a tiny fraction of the advantages of specialization that immediately come to mind.
Some areas that you might consider specializing in when it comes to Vintage Concert posters are as follows:
Specialize in posters by a particular poster artist, specialize in the posters of a particular band, specialize in the posters of a specific venue, specialize in the posters of a particular band, or posters from a specific year.
These are just a few ideas, the area you decide to specialize in should be personal to you and your individual tastes and interests. Another HUGE advantage of adhering to this strategy is that it specialization guarantees that you will end up with a collection that will be focused, highly interesting and significant. Instead of owning a random hodge podge of posters, you can display your collection with pride as “a complete collection of concert posters from the Straight Theater”, for example.
If you’ve read this far, I hope you’ll take a moment to reflect on this advice and seriously consider it. It is some of the best advice I can give you from 43 years as a collector. It has served me well and I’m sure it will be valuable for you, too.
What started out as a trickle in early June has become a steady stream of phone calls on a daily basis now. People are telling us that they are tired of watching the violent, daily changes to their investments.
They want to diversify some of their funds into an asset they have long term confidence in and that will give them short term pleasure. For a growing number of collectors, rare 1960’s Rock Concert posters fit the bill perfectly! It’s widely acknowledged that these incredible works of art are now trading at literally pennies on the dollar when compared to more established collectibles markets like coins, stamps, comics and baseball cards. Not only do these posters represent a rock solid value, they also provide wonderful enjoyment when displayed in your home or office.
Make no mistake about it, this superior value proposition of these posters is only temporary and prices are correcting upwards as the tiny available supply is being overwhelmed by a steady, growing demand. This upward trend in prices started slowly about 5 years ago and has been picking up steam of late.
In addition to demand from diversification, prices are moving upwards for Mint Condition posters as condition/state of preservation continues to be more appreciated with each passing year. These posters were produced in tiny quantities and not many have survived in undamaged condition.
It’s universally recognized that the best investment most people make is in their own home. Do you know why? Because there is no way to get a daily quote on the value of your home and there is no way to sell it with the push of a button. This means they don’t call their real estate broker up in a panic to sell if the market is temporarily soft. People stick with their home for the long haul. This means that the way the market is structurally set up encourages people to do the right thing and ultimately come out way ahead.
The same can be said for collectibles in general and for concert posters specifically. Pick up a few choice items, enjoy their ownership through the years, and watch the desirability and appreciation for these rare artworks steadily grow. The value will always be there and you will find their ownership thoroughly rewarding every step of the way!
You’ll sleep a lot more soundly too!
This week will be the 49th anniversary of one of our favorite concert posters of all time .. and one of the most historically important concerts of all times!
August 29, 1966, The Beatles played their final concert at Candle Stick Park in San Francisco, California. Wes Wilson was commissioned to do the poster for the event and just 300 copies were made, according to Wes.
If you were to own JUST ONE 1960’s rock concert poster, serious consideration should be made to making this the issue you should target. Here’s why:
1) This is the ONLY psychedelic Beatles poster EVER created! All earlier issues were release in the “boxing style” format.
2) This poster was created by the legendary artist, Wes Wilson. Wes is one of “The Big 5”, and is one of, if not THE, most influential psychedelic concert poster artists of all time.
3) As mentioned earlier, just 300 copies were produced. Based on standard survival rates of the era, less than 15% (45-50 copies) still exist in ANY condition, and just the few that have miraculously escaped the past 50 years in Mint Condition are considered major museum pieces.
4) This poster possesses unparalleled historical importance as the last concert held by the most important musical group in history!
When you consider that this poster can still be found for under $10,000, it’s easy to understand why many collectibles experts believed that 1960’s Rock Concert Posters represent a simply phenomenal bargain. To learn more and see the example that PAE has for sale, click here.
Through careful research and a collaborative effort from within the Concert Poster Community, we can conclusively announce the discovery of a stash of forged copies of this extremely rare and highly sought after Grateful Dead poster.
All collectors should proceed with extreme caution when contemplating the acquisition of this rare issue and receive iron clad Guarantees of Authenticity from any seller. In January, 2014, PAE was privileged to auction the first known example of a poster advertising the Grateful Dead at Jenison Field House, in East Lansing Michigan, on the campus of Michigan State University. The concert was held on March 13, 1971 and the artist was Hugh Surratt.
Shortly after our sale, this poster began frequently appearing in auctions and dealer inventories throughout the nation. Curiously, each example that surfaces exhibited the exact same wear, water damage, pinholes and discoloration.
Here are the definitive measurements of authentic copies. There are currently two copies known, one that came from the artist and another still retained by the artist.
The authentic poster is printed on thin stock and the overall dimensions are 17 13/16” x 24 5/16” . The upper rectangular image exhibiting the Sun and Grateful Dead legend measures 5 9/16 “ x 15 ¾”. The lower rectangular image that exhibits a portrait of the band measures 15 ¾” x 15 7/16” . The top border of the poster measures 1 ½ “ and the bottom border measures 1 9/16” . The left border of the poster is 1” and the right border measures 1 1/16. “
The easiest way to detect bootleg copies is by the telltale aging that was executed by the counterfeiter. The bootleg copies are is printed on heavy paper and have been artificially aged yellow on the front and is white on the back. The fake copies also exhibit moisture ripples and staple holes.
The overall dimensions of the counterfeit copies are 17 3/16 x 23 9/16”. The upper rectangular image of the Sun and Grateful Dead legend measures 5 7/16” x 15 ¼”. The lower rectangular image showing a portrait of the band measures 14 15/16” x 15 ¼” . The top border of the fake poster is 1 3/8” the bottom border is 1 7/16”. The left border of counterfeit copies measures 1 1/16” the right border equals 1 ½”.
All of the bootleg copies can be traced back to a Craig’s List seller in Wisconsin by the name of Mike.