Couple of hundred grand on a baseball card?

[Rhotchkiss]

Originally Posted by JustinD

This is my other love and I can tell you these prices on anything in the Pop Movement will become the norm for coming future.

The Gen X collectors started embracing this as they became more monied and the Millennials jumped on. I was lucky enough to grab a Robert Dowd study two years ago for a pittance at an auction house as they strangely put it in a philatelic auction. I have been offered 10 times the purchase price already and I am holding.

Found a poorly listed Robert Broner signed circuit print on eBay just a few months ago. An accidental find of an artist featured in The Met and MoMA is something else. The finds are out there if you know what to look for.

I too collect art -- only original oils and more bc I love the picture than for appreciation (I bet 90% of my 200+ originals are worth no more than 20% of what I paid for them, with a few home runs thrown in). I don't understand Pop art at all... And while Basquait is iconic, I dont understand how his work brings those price tags when compared to Rockwell, let alone some of the old impressionists.

To me, the value of pop art is akin to modern cards vs pre-war cards - I just dont get it. I have digested but still dont really understand why/how a 52 Topps Mantle 3 is worth more than a T206 Speaker Drum back PSA 1, the latter of which is basically non-existent and the former of which are all over the place. Just saying....

Regarding art -- be careful. Its more ruthless than cards, and they have their share of painting doctors, bid shillers and all around frauds. The one thing we have that the art world does not is good'ol Battlefield!!

[JustinD]

Originally Posted by Rhotchkiss

I don't understand Pop art at all... And while Basquait is iconic, I dont understand how his work brings those price tags when compared to Rockwell, let alone some of the old impressionists.

I have mostly always collected pop and lowbrow as that is what I like to surround myself with at home. I am a museum junky and am gifted enough to have amazing collections of the masters easily accessible nearby for my appreciation. Being able to see Renoir and Monet originals on my lunch break if wanted is pretty darn nice.

This hobby started a little over 20 years ago, so I have made most of the mistakes already much like we all did in cards as well, lol. My cards just had around a 15 year head start to clear most of the screw ups

[packs]

It was just two guys bidding against each other. A perfect storm for auctioneers. The buyer will never recoup half of what he paid.

[rjackson44]

great buy ..60 million was the estimate ,so much for that ,,

[LEHR]

Originally Posted by packs

The buyer will never recoup half of what he paid.

I'd personally completely disagree with this. If you follow that art market there have been multiple new records set at every big art auction for the last 12-18 months. The market is on fire for the big, hip and trendy names. This sale will only fuel the desire for this artists work and there are many people out there with more money then common sense.

Just my two cents.

[packs]

Yes but if you read the account of the sale it was 2 bidders going head to head for more than 10 minutes. You would have to duplicate that scenario in order for a similar sale to take place.

[LEHR]

Originally Posted by packs

Yes but if you read the account of the sale it was 2 bidders going head to head for more than 10 minutes. You would have to duplicate that scenario in order for a similar sale to take place.

That was my point. This sale will only fuel the desire to own this piece or another piece from the artist in the future. Just because these were the only two bidders today doesn't mean they would be the only two bidders if the piece was put up for auction a year from now. At times the modern art market seems to me like a giant d**k measuring contest with far more money changing hands than in our sports hobby/industry.

Again, just my personal opinion.

[packs]

Ah, that is a really good point actually.

[ls7plus]

Originally Posted by LEHR

That was my point. This sale will only fuel the desire to own this piece or another piece from the artist in the future. Just because these were the only two bidders today doesn't mean they would be the only two bidders if the piece was put up for auction a year from now. At times the modern art market seems to me like a giant d**k measuring contest with far more money changing hands than in our sports hobby/industry.

Again, just my personal opinion.

Ah, but is that where we're heading in the next 2, 3, or 4 decades? The most valuable coin in a very well researched book on the top 100 coins was at around $20,000,000 7 or 8 years ago--it wasn't until the 1970's, as best I can recall, that one topped $100K. Watch out for the 1914 Baltimore News Ruth!

I know we hate to be priced out of the market, but thoughts, anyone?

Regards,

Larry

[Gradedcardman]

Originally Posted by packs

It was just two guys bidding against each other. A perfect storm for auctioneers. The buyer will never recoup half of what he paid.

And we are assuming that either of the bidders care about what they sell it for in the future ?

[Tennis13]

As long as there is a thread on modern art, anyone know how the market for Shepard Fairey stuff eventually sorted itself out?

[wolf441]

Any thoughts on value in the current market??!!

[JustinD]

Originally Posted by Tennis13

As long as there is a thread on modern art, anyone know how the market for Shepard Fairey stuff eventually sorted itself out?

Not sure what the question is, are you looking for values?

[1952boyntoncollector]

I heard the Mona Lisa would grade a PSA A and be a POP 1, would be nice to see it in a holder...buy the painting not the holder..

[Tennis13]

Originally Posted by JustinD

Not sure what the question is, are you looking for values?

Just sort of price trajectory? After the 2008 Obama campaign and growth of street art, I was curious if he remained hot and his prices appreciated or he really cooled off?