All Poster Forum

Common Poster Subjects => Valuation => Topic started by: ATLfun on September 07, 2012, 02:38:57 PM

Title: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: ATLfun on September 07, 2012, 02:38:57 PM
  I have noticed a lot of APF'ers taking pleaure is saying that people overpaying at Bruce's recent auction.  And of course that would include all of my purchases as well.   ;D  But for those of you who are the "price police" what is your standard for determining crazy prices?

  For example, the Int. American Werewold in London sold for $780 at emovie yesterday. Is that crazy?  Only Heritage had previous price points for the poster and they were 657 in 2010, 806 and 896 in 2011.  Is there one I can buy today for $500.  Another first for emovie first was the Deliverance Advance that went for 1100 (marklawd) but it had sold previously for 1200 at heritage.  Is there one that I can buy today for $700?  Personally, I think emovie is catching Heritage in earning top dollar for it customers on rarer posters.

  A comment or two was made about my Int. Matrix for 1500.  But out of nearly a million auction results (emovie-730k,Heritage-175k), one had never been publicly auctioned off before. Let's see, a decade old poster, never seeing the light of day auctioned off for the first time.  Is there one listed anywhere on the internet for less?  How about my 1550 Lucky Strikes PF?  Bruce had never sold one previously in the same condition as mine and HA had auction for one in 2007 for $1553 listed as VF+.


  Seriously, for those who enjoy being the "price police" and saying that  people are overpaying, what is your standard?



  Brian

  

Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: eatbrie on September 07, 2012, 03:28:49 PM
To me, it all comes down to what I own, how much I paid for it, and what it sells for at Emovieposter.  In this last sale, everything generally sold 3 to 5x more than what I paid for it.  Granted, I am very patient, I know that everything comes back at some point, and I buy it at the lowest possible price. 

Take Pulp Fiction, for instance.  I bought a mint advance for $280 6 months ago.  I had wanted one for a long time and refused to pay more than $500.  Not worth a dime more in my opinion.  But I'm cheap.  So I bought 3 Struzan Frankensteins from Mondo for $280 a piece, waited for it to sell north of $700 on Ebay and traded it for a Pulp Fiction.  Therefore, Pulp Fiction cost me $280.  I really wanted an international "Boat out of the Eye" Deliverance poster.  I saw it go past $1k.  Again, I refused to pay more than $500.  For years I waited, and eventually found a mint copy for $340.  I'm in no hurry.  This is how I build my collection, one piece at a time.

Matrix, I don't know, I don't want it.  I'd buy it for $200 tops, because I think it's a very ugly poster.  And Keanu Reeves is just ridiculous.  But it's all personal.  I think the Intl. Deliverance is gorgeous, some people find it ugly.  The other Deliverance poster that just sold it just pathetic.  It only sells because it's rare, which does not interest me.  This said, I have no doubt that I will eventually find it for less than $300.

T
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: eatbrie on September 07, 2012, 03:33:43 PM
Oh, and the international Werewolf in London poster cost me $87 on Ebay 3 years ago.  Mint condition.  Again, one that I had been looking for for a long time.  Patience, patience, patience.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: spazz on September 07, 2012, 03:50:32 PM
I totally see where you’re coming from BUT I may add that yesterday was my very first auction & while it was fun I can't say I'll be doing a whole lot of it (really wanted the Cleopatra Jones insert). I may also add that while I collect posters I'm not one to fuss to much over condition as I'm not really looking at it as an investment but more for enjoyment & with most posters in the Fine to near mint area I'm almost guaranteed that the price point will be out of reach, I could also get lucky(if you need a figure I'd say sub 50.00....100.00 tops) I really did enjoy seeing rare posters like the Endless Summer international & the ones you mentioned & it's probably not worth Bruce's time or effort to source out less than perfect posters for those of us with shallower pockets as I may be the only one bidding. I think it was mentioned else where but the only problem I can see is that Bruce's site is the "gold standard" & as such most non-auction related poster stores/E-Bay...etc check the latest prices & jack theirs(always upward never down) I will end with this if you got the coin to spend more power to you.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: kovacs01 on September 07, 2012, 03:56:44 PM
So I bought 3 Struzan Frankensteins from Mondo for $280 a piece, waited for it to sell north of $700 on Ebay and traded it for a Pulp Fiction.  Therefore, Pulp Fiction cost me $280. 


Casinos would love you.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: enki on September 07, 2012, 04:15:16 PM
There are a number of factors at play. If a poster is extremely rare and has little to no prior selling history, it's impossible to put a firm and accurate "value" of the poster. If there is only one of something, and two people are willing to pay $X to have it, the value is $X even if a thousand other people think that it's only worth $Y. Granted if the loser of the auction doesn't want it any more, and the winner tries to resell it, he may soon find out that the NEW value is only $Y. When you get into these rare piece auctions, prices can soar if there is enough interest and people with deep enough pockets. I recently picked up a very nice poster for a very large amount of money. I personally think I got a great deal on it, since two other ones recently sold for a thousand or two more. But those prior winners might be thinking "crap, my poster is worth less now". It's all subjective, and in the end, only one thing matters = what is the poster worth to you, and how much are you willing (and able) to spend on it.

That covers rare and very valuable posters, but for the more common ones that have a detailed price/sale history, I personally do a lot of research and will usually only bid somewhere around what I feel the "market value" currently is. I use EMP and HA for most of the history, and will usually check out eBay too. The problem with movie posters, imho, is that the market for them is somewhat small. There are significantly more people who collect other items like coins, stamps, etc., so those collectibles have much firmer and controlled prices. With posters, and anything with a smaller collecting community, you can see huge shifts in prices, and there really isn't a "price guide", with BUY and SELL prices, like there are with coins. But even with that in mind, I occasionally will 'over spend' on a certain poster because I really want it, or it's in an unusually good condition. I'm very adamant about condition being good, so will almost always pass up items I feel don't meet my criteria (even if the prices are good). You also need to look at price trends, not just the average. If a poster is seeing more and more demand, the price will steadily (or quickly) increase. Less demand means a steady decrease in price.

Take the Star Wars Bootleg for example:
http://www.emovieposter.com/agallery/search/star%2520wars%2520bootleg/sort/13/archive.html

That's a perfect example. Sorting from oldest->newest is the same as highest->lowest price. The conditions are fairly the same, and yet in 8 months, there was a steadily price decline from $249 to $81. What caused this? I imagine that, back in February, one of these hadn't shown up ever on EMP, and a lot of people wanted it. So the price went to $249. That was the, then, "market value". But just 12 days later, the price dropped to $132 on the next sale. Why? Maybe because the prior top bidder had his, and the remaining bidders (outside of the new top bidder) wouldn't go any higher. Less than 2 months later and it's down to $106. Three more months and it's $91. Then two months later, I pick up my copy for $81 :D. Will the next one sell for even lower? Maybe, but I'm happy with having paid $81, and would probably have gone up to $100 or slightly more. But you can clearly see a trend where not only are more and more of these coming into the market all of a sudden, but the price (and demand) is dropping. If another one doesn't sell for two more years, it might go back up to $249.

To keep myself in check, a couple days before any big auction I will put together a spreadsheet with everything I want (details included), the recent selling prices and trends, what I *feel* the poster is worth, and my max bid. Once in a while I go crazy and go above my "max", but most of the time I walk away and go after something else. And if I see some idiot who is just bidding whatever it takes to win, I won't play those games (unless it's a very rare piece).

But again, it all comes down to you. And your wallet.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: eatbrie on September 07, 2012, 04:17:32 PM
I will end with this if you got the coin to spend more power to you.

Yes, I got the coin to spend, but it doesn't mean I want to be foolish about it.  It actually works the other way around.  The more money I have to spend, the cheaper I am.  

But don't take me wrong here, I love Bruce's auctions, I buy from him constantly, I see pieces that I've never seen elsewhere and try to get them.  On a weekly basis.  Three times a week.  But I also set a limit on what I think is the right price, and I NEVER go over it.  If I miss, which happens all the time, I KNOW that the piece will come back again, at Bruce's, Heritage, Rich's, Ebay, or thru private collectors (which has become my favorite way to get in demand pieces at the right price.)  There are so many posters I want that I can just go to the next one and forget the one I lost.

And always remember, at the end of the day, posters were not meant for resell.  They are free pieces of advertisement.  We set their prices.

T
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: enki on September 07, 2012, 04:18:49 PM

Take Pulp Fiction, for instance.  I bought a mint advance for $280 6 months ago.  I had wanted one for a long time and refused to pay more than $500.  Not worth a dime more in my opinion.  But I'm cheap.  So I bought 3 Struzan Frankensteins from Mondo for $280 a piece, waited for it to sell north of $700 on Ebay and traded it for a Pulp Fiction.  Therefore, Pulp Fiction cost me $280. 

I respectfully disagree with your logic. It cost you $700. Just because you made a profit on Poster A and used that to purchase Poster B doesn't mean you got it for any less in the end. You could have pocketed the profit and then bought some other $280 poster with $420 left over in your checking account. Sure you can say that your 'out of pocket' expense was only $280, but you still paid more than twice that.

If you buy a lottery ticket for $1 and win $1,000,000, and then go buy a house with all that money, how much did the house cost you? It cost $1,000,000. You might have been very lucky and saw a huge increase in your $1 "investment", but if you didn't buy the house you still would have had $1,000,000 (before taxes).
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: eatbrie on September 07, 2012, 04:22:23 PM
I respectfully disagree with your logic. It cost you $700.

The only difference is that I never sell.  NEVER.  So it did cost me $280, because if I had not traded it, it would be at the bottom of a drawer where the other 2 are.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Charlie on September 07, 2012, 04:22:56 PM
Auctions are like vacuums - you think that the poster you are bidding on is the only one in the world...  So my rule is to check ebay before bidding to make sure I am not making and error... One time I got caught up chasing a Dead Pool OS and it goes up to $23 plus $11 ship while Dale has one up right now for $19 plus $6 ship...  Been meaning to see if he would take $15 (up for that Dale?)...  Anyway moral is don't get sucked into the vacuum of an auction be smart...  I am not specifically talking about Brian just in general...  Brian has made many great purchases smart in the long run - they may seem crazy now but in 25 years he will be sitting on the 'star wars' of that era...  So now is not a good time to buy 'Star Wars' for instance while it is a great time to buy 40s and 50s stuff...  The 40 and 50 somethings will soon be retiring and selling their collections or their kids will be selling their collections.  If you want to make good buy Harry Potter and the like for the 40 year stretch when the 10 year olds have mucho cash...
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: holiday on September 07, 2012, 04:25:57 PM
The point is to pay what you want to pay and be happy with it.  If you start listening to other people, then prepare to have heartburn.

I've paid a lot for posters that I would not allow to slip through my fingers, for fear that there would not be another copy.  Most of the time I'm right.  Sometimes (a la the B1's for Melancholia) I'm wrong.  But I hate nothing more than regret when it comes to posters, and I simply don't have Thierry's level of patience and perseverance when it comes to buying.

In asking the question, are you looking for approval for the price you paid?  If so, you're not going to get it from everyone.  Just be happy and fuck the rest of us and what we have to say about it.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: holiday on September 07, 2012, 04:26:59 PM
The only difference is that I never sell.  NEVER.  So it did cost me $280, because if I had not traded it, it would be at the bottom of a drawer where the other 2 are.

I have found selling to be cathartic.  I loved selling each and every Mondo print that I've sold recently.  LOVED IT!  
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Charlie on September 07, 2012, 04:30:32 PM
I have found selling to be cathartic.  I loved selling each and every Mondo print that I've sold recently.  LOVED IT!  

Hey, want to sell your Protester Print?
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: eatbrie on September 07, 2012, 04:31:04 PM
At the end of the day, it all comes down to this: If you guys like to spend money, if $1,500 for a 10 year old Matrix poster seems right to you, then you are right.  There is no right or wrong in this hobby.  I choose another route.  I don't consider myself the "price police" but I do feel propelled to tell people that they don't have to spend $1,500.  That they can wait.  It's a matter of choice.  Some people want things now, and yes, wanting it now cost money.  Some people don't care if they get it now, don't mind waiting years to get what they want.  

It is a little bit like buying a Pretty Woman from Dave.  If you want it now, get it from him.  You will get an original poster, it will come to you in mint condition and perfectly packaged.  It will also cost you $400.  Or you can wait, do your research, take the risk of getting a reprint, bad packaging, etc.  And it will cost you $20.  I am a strong proponent of door #2.  But that's me.

T
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: eatbrie on September 07, 2012, 04:32:37 PM
The point is to pay what you want to pay and be happy with it.

 sm1
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: eatbrie on September 07, 2012, 04:38:31 PM
I have found selling to be cathartic.  I loved selling each and every Mondo print that I've sold recently.  LOVED IT!  

Yeah, but then you have to package stuff, buy tubes, go to the Post Office (I DESPISE the Post Office), stand in line, deal with buyers and their complains...  I just can't do it.

Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: holiday on September 07, 2012, 04:45:47 PM
Hey, want to sell your Protester Print?

I said MONDO.  The rest I like, especially the few I have from S.F., and most especially that one.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: holiday on September 07, 2012, 04:47:02 PM
Yeah, but then you have to package stuff, buy tubes, go to the Post Office (I DESPISE the Post Office), stand in line, deal with buyers and their complains...  I just can't do it.



Oh, I fucking HATE that.  That's why I have such a tough time shipping on a timely basis.  Pulling them, packing them, shipping them ALL SUCKS!  But, overall, I was happy to get rid of them.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: enki on September 07, 2012, 04:51:57 PM
On the same token, there are times when people really do pay too much. If a common poster is always available and routinely goes for $50, and someone buys it at the same place (be it eBay, EMP, HA, etc.) in the same condition for $500, then that is clearly a case of someone (or two) being an idiot.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Silhouette on September 07, 2012, 04:56:05 PM
To be frank T is probably the most vocal of all when it comes to prices paid by others and can be quite disparaging (but that is T to a 't') and whilst in some cases prices paid can be jaw dropping unbelievable I have to assume people want it and can afford so will grab it there and then.

Not everyone collects in bulk, not everyone collects because they are completest, not everyone wants to wait five years simply to own a poster they want to put on the wall and not everyone collects movie posters either some may want it as a present for someone else (so are time dependent) or even want it for decor.

At the end all that matters to me about the prices I have just paid for a poster I now own are the pronouns just used.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: eatbrie on September 07, 2012, 05:07:07 PM
On the same token, there are times when people really do pay too much. If a common poster is always available and routinely goes for $50, and someone buys it at the same place (be it eBay, EMP, HA, etc.) in the same condition for $500, then that is clearly a case of someone (or two) being an idiot.

Well, I routinely call people idiots, and maybe it's my mistake for doing so.  If you're sitting on $10 million, I don't think you care whether you spend $500 or $50.  Some people just spend without counting.  I actually count every penny I spend.  Not only do I count, but I record it.  I keep a very tight spreadsheet of my spending.  Posters and al.  I've always done that.  I know what I'm worth at any time and I know what I can spend.  I also know that there are zillions of posters I want, and if I spend too much on one, then it's 2 or 3 others I won't get.  So I'd rather get the 2 or 3 and wait on the other.  Yes, there are idiots out there, plenty of them, but there are also others who just don't care.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: eatbrie on September 07, 2012, 05:13:43 PM
To be frank T is probably the most vocal of all when it comes to prices paid by others and can be quite disparaging (but that is T to a 't') and whilst in some cases prices paid can be jaw dropping unbelievable I have to assume people want it and can afford so will grab it there and then.

You know, David, I always call it as I see it.  If someone spends what I believe is too much on a poster, or if someone tries to sell something for more than I believe it's worth (like that Aussie Halloween 3), I will say it.  I believe it's the purpose of this forum.  I think I have been collecting long enough now to have a pretty clear picture of prices.  This said, people don't have to listen to me.  Do as you please.  But I believe it's always good to know all the alternatives before you act on something.

T
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Silhouette on September 07, 2012, 05:24:35 PM
Yes T I know you call it as you see it I have no problems with that at all but everyone has 20/20 vision when viewing through hindsight glasses.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: eatbrie on September 07, 2012, 05:29:38 PM
That's because you sell.  Most sellers don't like collectors to tell them that their gear can be found for half what they're asking.  I'm not pointing a finger at you, I don't know how much you sell your stuff for, nor am I blaming you for not liking it, but that's the general consensus. 
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Silhouette on September 07, 2012, 06:23:41 PM
That's because you sell.  Most sellers don't like collectors to tell them that their gear can be found for half what they're asking.  I'm not pointing a finger at you, I don't know how much you sell your stuff for, nor am I blaming you for not liking it, but that's the general consensus. 

Most collectors are sellers T. You just happen to be the (very) rare collector who doesn't.

Selling (posters) is part of my definition of being a collector of posters, because even if you trade a poster for another you are actually a "seller" because you will have had to value on your own to complete the trade - otherwise we'd all be trading BATs for Pretty Womans.  :D

Yes I sell (and trade) posters and frankly almost every single person in this forum sells posters too - I don't eBay and I am not trying to 'supplement' my income per se. I built a website to allow me to showcase the fact I can build (poster) commerce websites and that I will build (and host) a poster website for cash and posters. As a result of having my website I now get offered posters all the time and I also sell posters from it all the time too however the small income I earn from selling posters on my website (which I rarely promote in here) and as as I have always said allows me to buy more posters which either go into my NFS collection or into the online shop.

Because there is no international RRP for posters so the prices I sell them for is based on lots of factors but if there is one thing I know about setting prices you never please all the people all the time - even when you give it away (which I have done, in here).
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: eatbrie on September 07, 2012, 06:43:06 PM
David, I understand what you're saying, and no, I don't consider myself a seller.  I have never sold posters for $$$, and I must have traded 20 posters in my 12 years of collecting.  It's mostly due to laziness.  I just don't want to deal with it.

This said, if someone on a forum I run post a poster and marks it at $300 when I have seen the same poster go for $20, I will say it.  If someone buys a poster for $1,500 and I don't think it's worth it, I will say it.  People will not like it, but so be it.  I think posters in general are way overvalued.  Like I said, it is my point of view, and I don't think it is through hindsight glasses.  Feel free to disagree with me, it's what this forum is for.  And by the way, by saying that, I am also lowering the value of my entire collection.  But I don't care.  I'm not here to make money.

T
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: CSM on September 07, 2012, 06:47:47 PM
There are a number of factors at play. If a poster is extremely rare and has little to no prior selling history, it's impossible to put a firm and accurate "value" of the poster. If there is only one of something, and two people are willing to pay $X to have it, the value is $X even if a thousand other people think that it's only worth $Y. Granted if the loser of the auction doesn't want it any more, and the winner tries to resell it, he may soon find out that the NEW value is only $Y. When you get into these rare piece auctions, prices can soar if there is enough interest and people with deep enough pockets. I recently picked up a very nice poster for a very large amount of money. I personally think I got a great deal on it, since two other ones recently sold for a thousand or two more. But those prior winners might be thinking "crap, my poster is worth less now". It's all subjective, and in the end, only one thing matters = what is the poster worth to you, and how much are you willing (and able) to spend on it.


^^^THIS ^^^
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: holiday on September 07, 2012, 06:55:19 PM
I keep a very tight spreadsheet of my spending. 

I'm sure Julie would NOT want to see that!  You'd be doomed.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Zorba on September 07, 2012, 06:57:26 PM
Three plus years and well over 300 pieces of paper and zero trades. Just the way its been not out of some I will never sell policy. I am sure I will sell or trade one day soon as I do have doubles and the herd is over running my condo.

All collectors sell in one way or an other but they are not dealers. I never confuse a seller with a dealer.  8)
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: ozcinemagic on September 07, 2012, 07:03:39 PM
I'm happy for anyone to question my prices. And actually, I think T & I have a lot in common; we call it how we see it! I respect that.
For the rarer posters you have to get full value when selling. It's not about what the average collector thinks is a fair price. It's about what that one person who desperately wants it will pay. I'll sell that Halloween 3 poster in that price range, I guarantee it. I haven't handled another or seen another for sale on Phil Edward's or JR's websites. If you don't make a buck on those ones it's not worth being in the game.
Matrix for $1500. I nearly fell over. I bet more show up soon!
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Silhouette on September 07, 2012, 07:04:54 PM
Three plus years and well over 300 pieces of paper and zero trades. Just the way its been not out of some I will never sell policy. I am sure I will sell or trade one day soon as I do have doubles and the herd is over running my condo.

All collectors sell in one way or an other but they are not dealers. I never confuse a seller with a dealer.  8)

Z...you are a pure collector! (atm)

I am curious (now this topic has headed off on its inevitable tangent) - what do you define as dealer?
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Zorba on September 07, 2012, 07:09:11 PM
Z...you are a pure collector! (atm)

I am curious (now this topic has headed off on its inevitable tangent) - what do you define as dealer?

I dont think of you as one. We only have a handful of dealers on this board.

On the spot, I would say someone who makes their living selling posters. 
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Zorba on September 07, 2012, 07:15:00 PM
To add to that I dont get why to some, dealer is a dirty word. Not all dealers are the same or alike. Their are some Awesome dealers out there.

I buy from the good ones all the time.

Oh and I define good ones as good BY ME not by someone else.  8)

 
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: eatbrie on September 07, 2012, 07:30:46 PM
To add to that I dont get why to some, dealer is a dirty word. Not all dealers are the same or alike. Their are some Awesome dealers out there.

 

Good one.  I'm a little bit at a crossroad here.  I come from a French art dealing family.  Starting in 1840, when my great-great grandfather opened his business in Paris, to today (my sister runs the gallery), my family has been dealing in fine art, and obviously living off it.  From Renoir, to Monet, to Degas (the gallery's specialty), to Picasso, to Matisse.  So in essence, I exist because of it.  In essence also, I cannot be completely against dealers.  Like you said, there are some very good ones out there (Bruce and Rich, especially).  But there are also the ones who abuse the system and command outrageous prices (I mentioned one yesterday).  I think those dealers are a disservice to the hobby and I will never buy from them.  They also give the good dealers a bad name.  The same way I have a very short list of people I trust, I have a short list of people to avoid at all cost.

T
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: ozcinemagic on September 07, 2012, 07:32:25 PM
Since we're angling at sellers and their ethics here, I'm going to throw in some shameless self-promotion.
Anyone who has bought from me more than once knows I have given away as many posters as I have ever sold. Dealers need good repeat customers, and that relationship matures over time. You want good prices / freebies? Develop a good working relationship with a reputable dealer. Not many I know of are getting rich out of movie posters!
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Bruce on September 07, 2012, 07:52:06 PM
I am not a dealer. I used to be one of the foremost ones. But I virtually never buy anything, and try to keep my auctions 100% consignment.

When someone says they will only sell, I tell them to sell to someone else, and hope their items make it back to my auctions. I turned down a great lobby card collection because the seller would only sell, and he sold them to a dealer who apparently has sold most of them privately.

I do this so as not to be in competition with my consignors. When they get more money I get more money, and I like it that way.

I am not a dealer, but rather am an auctioneer.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Dread_Pirate_Mel on September 07, 2012, 08:07:07 PM
 I have noticed a lot of APF'ers taking pleaure is saying that people overpaying at Bruce's recent auction.  And of course that would include all of my purchases as well.   ;D  But for those of you who are the "price police" what is your standard for determining crazy prices?


(1) There are no price guidelines for a true unicorn poster like that Matrix poster.  It's like the Star Trek episode "Where No Man Has Gone Before."  Things get wacky when you cross the galactic barrier. Things get wacky when a unicorn comes up for auction.  

(2) Every "elite" collector must have at least one "unicorn" poster that nobody else has.  So it's OK occasionally to pay an outrageous price for a unicorn poster IMHO.  I paid $750 for the international LA Confidential (below right) along those lines. Like your Matrix poster, no way is it worth $750 purely for its artistic merits but it makes you a "true pimp collector" on a forum like this.

(http://moviepostercollectors.com/MPC_Showcase_Rare_files/LAConfidential_onesheet_international-1-500x724.jpg)

(3) But generally you're better off spending that kind of money on a more conventional poster that would be appreciated by the general public.  In that same auction you could have nabbed the Invasion of the Body Snatchers in the same price range:

(http://i691.photobucket.com/albums/vv275/Forty_Candles/2012/giant_size.jpg)
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: 50s on September 07, 2012, 08:16:35 PM
Dealers/auctioneers mission is to extract the most possible money from you. With nearly all transactions where you dont see the item in person, what you get is not 100% what you expected due to lack of image detail or description (especially with ebay transactions). That leads to some disapointment. Unlike when you buy an ipod or new book, where you get what you expect, you dont with with posters. Dealers need to mitigate this disapointment with providing enough details to avoid this. Dealers instead of providing all the info, may instead relying on a policy of send it back for a refund, this gives me the shits, because it leads to disapointment and wasted time for the buyer and possibly additionally also foot the return shipping. I have missed out on another sale at the same time caught up in such a mess (budget didn't stretch to buy both so ended up with none - thanks for nothing shitty seller). So to me sellers as a whole have earnt and deserve the reputation they have. In life, we can only make sense of the world by categorising things. It is not possible to make an accurate judgement on every person, thing.

There are good sellers and I would put Bruce up amongst the top as I pretty much get what I expect. Maybe a newb may have different expectations though, not knowing exactly what to look for in a photo, or what good or fine means.

As much as I like Bruces descriptions I have to say, there is no reverse side image, which is half the poster, maybe just a description of some darkening. But what matters most to me on the reverse is the writing - if it can be sanded off. Ink on the reverse side opposite a light part of the poster can cause big problems when linen backed (ink bleed thru) - can ruin a poster. The reverse side needs sufficient details too, at the moment buying from Bruce is still a crapshoot no matter how good the description is at present.   For instance, this poster (http://auctions.emovieposter.com/Bidding.taf?_function=detail&Auction_uid1=2682617), is mostly white and bleed through potentially could be big problem. I would want to be sure I understood what was on the back. Because I don't know, I am not going any where near this one, nor any posters with white on them without clear detail of what is on the back. Most older posters have writing on the back. Not showing the back is a calculated decision. Maybe loses me as a bidder, but gains the naive? Who knows. Bruce, a reverse side image, would be an improvement to your descriptions, even if available just only on request, or even just detailing if the writing can be removed or not would be a great added piece of information.


(2) Every "elite" collector must have at least one "unicorn" poster that nobody else has.

signed

'elite' collector

please don't feel inadequate if you are non elite, you can still reply




Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Zorba on September 07, 2012, 08:19:39 PM
signed

'elite' collector

please don't feel inadequate if you are non elite, you can still reply


 laugh1

I hope I get a unicorn soon!

Im glad Im not the only one here drinking tonight.  ;D
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: ATLfun on September 07, 2012, 08:33:35 PM

 If someone buys a poster for $1,500 and I don't think it's worth it, I will say it.  People will not like it, but so be it. T

  That would make you Officer Thierry of the APF Price Police. (http://www.sherv.net/cm/emoticons/hand-gestures/stop-gesture-smiley-emoticon.gif)

  Funny, how most of these auctions for "rare" posters are often run up by Mark Lawd, and yet he escapes your auction price survelliance.


   Brian  
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: eatbrie on September 07, 2012, 08:40:35 PM
Does he post here?  I don't know the guy.

T
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: ATLfun on September 07, 2012, 08:45:24 PM
  Just be happy and fuck the rest of us and what we have to say about it.


Truer words have never been spoken.   wynk  I like my poster collector niche to no end.  I might end up with only 75 framed posters, but they will be 75 posters that will occasionally pop up on poster forums when the conversation turns to "modern unicorns"  or as a part of Bruce's "ultra rare" write-ups.


Brian
  

Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: oldposterho on September 07, 2012, 09:10:06 PM
Everybody's price point is different.  As long as there's food on the table, a roof over your head, the spouse will still give you the occasional nookie, and you can get your kid the GI Joe with the kung fu grip at Christmas, what you pay for posters ain't a problem.

--Peter
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Zorba on September 07, 2012, 09:28:33 PM
Everybody's price point is different.  

That it is.

Setting aside The Its A Wonderful Life type poster, I like that that personal price point is based on more than just ones income. Sure income is a major player (many posters I want that I will never have) but more importantly there is ones personal connection to a movie, actor or director and then there is of course artistic taste.

My posters, at least 99% of them are not a reflection of my tax bracket but of the things I enjoy and or love.

I like MY posters a lot.  ;D

Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: theartofmovieposters on September 07, 2012, 09:32:13 PM
Will another turn up for less eventually?  Probably...will another turn up for more eventually?  Probably...
I don't get why anyone cares what others think of what you buy and what you spend...buy what you like, for a price you are happy with and can afford.
That is all that matters.
Annoys the crap out of me that other collectors poo poo other peoples purchases...if we all liked the same thing, we'd be up poop creek!

As to dealers...there are some really good ones out there, and if manage to gain a relationship with them, they will generally be good to you.
Many of my crayon drawn daybills which I love, came from dealers who have offered them to me first because they know I love em...

Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: ATLfun on September 07, 2012, 09:38:34 PM

Annoys the crap out of me that other collectors poo poo other peoples purchases...if we all liked the same thing, we'd be up poop creek!



  Well said, but your fiber intake must be off the charts.   ;D


  Brian
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Zorba on September 07, 2012, 09:39:11 PM
Annoys the crap out of me that other collectors poo poo other peoples purchases...if we all liked the same thing, we'd be up poop creek!

 thumbup

Agree 100% but now you got me thinking of when my sisters kids were calling me Mr Poopy Pants.  

The good ole days.  ;D
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Charlie on September 07, 2012, 11:23:51 PM
Hey T, I just picked up the Love and Other Pursuits B1 for $4 less than you...  Haha....  Patient he says.


 
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Charlie on September 07, 2012, 11:27:47 PM
Every "elite" collector must have at least one "unicorn" poster that nobody else has.  So it's OK occasionally to pay an outrageous price for a unicorn poster IMHO.  I paid $750 for the international LA Confidential (below right) along those lines. Like your Matrix poster, no way is it worth $750 purely for its artistic merits but it makes you a "true pimp collector" on a forum like this.

I didn't know this rule???
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: CSM on September 07, 2012, 11:50:03 PM
I can't wait until I am a true pimp collector on a forum like this  eyeroll
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: archie leach on September 07, 2012, 11:51:05 PM
 That would make you Officer Thierry of the APF Price Police. (http://www.sherv.net/cm/emoticons/hand-gestures/stop-gesture-smiley-emoticon.gif)

  Funny, how most of these auctions for "rare" posters are often run up by Mark Lawd, and yet he escapes your auction price survelliance.

It's not running up if you are trying to win, which is exactly how Mark plays.

Now, why doesn't my G. I. Joe have the Kung Fu grip?
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: archie leach on September 07, 2012, 11:53:09 PM
I can't wait until I am a true pimp collector on a forum like this  eyeroll

Bitchez be trippin', yo...
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Charlie on September 07, 2012, 11:53:31 PM
True Pimpin' APF Style...

"Actually, Bruce was the Pimp... The Matrix was the whore... And you liked it..." response from wife when telling her that posters are nothing like another woman.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: CSM on September 07, 2012, 11:56:32 PM
Maybe then someone can Pimp My Posters?
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: archie leach on September 07, 2012, 11:58:56 PM
Maybe then someone can Pimp My Posters?


You can put all the gold rims you want on a daybill, but it's still just gonna be a daybill...
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: holiday on September 07, 2012, 11:59:18 PM
I didn't know this rule???

Mel's probably right.  I have a few of them myself.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Charlie on September 08, 2012, 12:04:12 AM
"unicorn" poster that nobody else has.

How would you know this?

I figure my Stargate Intl OS applies - no one else has that one...

I'm Elite!  woohoo
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: holiday on September 08, 2012, 12:15:25 AM
How would you know this?

I figure my Stargate Intl OS applies - no one else has that one...

I'm Elite!  woohoo

You're automatically cool because Stargate rocks.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: kovacs01 on September 08, 2012, 02:10:51 AM
How would you know this?


Quite the paradox.  If you know, then it automatically drops on that relative rareness scale and loses some of its unicorn status.

On the other hand, most of us with that type of poster sitting around are ever curious what one would sell for if it were ever brought to auction.  And generally, the longer it takes for something to show up, the more it will command as long as it is advertised correctly.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: skyjackers on September 08, 2012, 07:15:52 AM
I have some Unicorns but i don't think they'd sell for very much, so maybe they're just Unicorns to me. I guess Unicorn doesn't necessarily translate to Valuable.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Bruce on September 08, 2012, 08:12:54 AM
When you have done this as long and as much as I have, you know them when you see them. I KNEW 100% that Matrix, Deliverance, and Endless Summer all fit the bill as soon as I saw them. That's what made this set of auctions really special. I am thrilled to have ONE of these kind of modern posters, but this time I had three.

Posters like these DO do better in highly publicized auctions, because everyone who cares sees them.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: enki on September 08, 2012, 10:51:27 AM
Hey Bruce,
Somewhat off topic, but I had a question. I purchased 3 posters in Part 1, and I received a shipping notice shortly after I paid, with the package going out priority/registered mail. Then the next day I got a second shipping notice for a package going out parcel post. Any idea what this second package is? I didn't think I ordered enough to get the books or anything like that.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Bruce on September 08, 2012, 10:55:30 AM
Beats me! But if you ask "mail@emovieposter.com" before Monday I will make sure they answer you promptly.

One thought occurs to me. Any chance the three posters were not good to combine and were sent in two packages?
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: enki on September 08, 2012, 11:00:07 AM
Beats me! But if you ask "mail@emovieposter.com" before Monday I will make sure they answer you promptly.

One thought occurs to me. Any chance the three posters were not good to combine and were sent in two packages?

That was my first thought, so I looked at all three auctions I won again to see if one might have been designated as being shipped flat. But nope, all three are labeled as being rolled (and all of them are rolled posters). I also only paid the single $11 shipping charge, and only one of the packages is marked as priority mail. The other one is "Package Services" which usually means parcel post (with a one week estimated arrival date from the USPS) which usually indicates books. Not a big deal, more curious than anything.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: 110x75 on September 08, 2012, 12:28:28 PM
Maybe then someone can Pimp My Posters?

I'd suggest Posterfix or the guy who restored Bob's ET  ;D
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: CSM on September 08, 2012, 12:30:30 PM
I'd suggest Posterfix or the guy who restored Bob's ET  ;D

They'd probably put fake gold rims on my daybills!
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: eatbrie on September 08, 2012, 12:31:56 PM
Hey T, I just picked up the Love and Other Pursuits B1 for $4 less than you...  Haha....  Patient he says.


 

That's what it's all about, Charlie.  Maybe you could have waited another 6 months and get it even cheaper ;)  

Did you buy it from Hideyuki's most recent batch?

T
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Harry Caul on September 08, 2012, 02:36:15 PM
I'm a little late to this now-rambling thread, but I would just add one more thing which hasn't been discussed: Opportunity cost & the time-value of money  This comes into play in addition to how values are affected by personal taste, connection with the movie, income, scarcity, status, etc...

Brian, you are a lawyer, correct?  I'm not going ask your billable rate, but for the sake of argument lets say it is $250/hr.  And T, regardless of whether you have money in the bank or not, I assume you have an income of some sort?  It's irrelevant what you do, but lets say it is either a burger flipper $8/hour or a screenwriter who makes $100k a year -- which after 8 weeks vacation (f*@k you and your French lifestyle! ;)), 1 week of holidays, 5 days/week, 8 hour days that works out to $58/hour.  You both want a Pulp Fiction advance:

BRIAN -- Gets an eMovieposter alert that Bruce has one for sale.  He puts in his bid and wins it for $1,500.

THIERRY -- Checks ebay, with friends, forums, etc... for 3 minutes a day for two years trying to find the PF adv on the cheap (~36 hrs).  He gets frustrated and eventually finds the Struzens (~2 hours) and, after waiting for the drop, hitting refresh, etc... (~1 hour), he buys an extra copy as trade-bait for $280. Then after more searching for willing traders (~3 hours) and packaging up the poster and mailing it (~1 hour), he finally gets his PF adv for $280.

If Brian took T's approach, he would have spent 43 hours during his search, which is worth about $10,750 of income, to finally get the poster for $280.  The total cost being $11,030.  What a bargain!

If T is a burger flipper, he would have put $215 worth of time into getting that poster for $280 -- a total of $495.  If T is burger flipper his time unfortunately isn't valued very high and it's worth while to put in time to search -- which ultimately gets him more value than flipping burgers.

If T is a $100K/yr screen writer, he would have put $2,494 worth of time into geting the poster for $280 -- a total of $2,774.  Not such a great use of his time afterall -- unless he is keeping track of his wasted time in his spreadsheet that is  :P

Obviously the numbers are fuzzy and just used as examples -- but 'overpaying' at $1,500 through Bruce doesn't look so bad to me.  And I say this as someone who operates exactly like T, spending probably a minimum of an hour a day searching for posters.  My wife often tells me that she would like me to stop searching for posters, get a part time job and just buy what I want.  She is convinced in the end that I will ultimately buy exactly the same number of posters and still have more time to spend with her and our daughter. 

Food for thought.

Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Bruce on September 08, 2012, 02:43:46 PM
Time is a very important part of the equation.

One of my bidders called on Friday. He is a well-paid and very busy doctor, and he said he could spare around an hour in total to look over ALL the items in one set of auctions, and he asked me for tips. I told him that many of my well-to-do bidders report to me that they go to the auctions close to when they start to close and then solely look at the "first page" when arranged high to low, and then they open the items of interest and place bids on them, trying to guess the amount where they won't feel they bid too low if they are outbid, but won't feel like they paid too much if they get it near their max (much easier said than done).

That's the maximum one hour an auction strategy I know of. Some people are lucky if they can spare a few hours a week, and there is NO WAY they are going to surf eBay for hours looking for that one great buy.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Silhouette on September 08, 2012, 03:13:18 PM
I wonder how many posters we don't see being joyfully shown in here by their new owner because some people will tell them they paid too much...
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Zorba on September 08, 2012, 03:27:57 PM
I wonder how many posters we don't see being joyfully shown in here by their new owner because some people will tell them they paid too much...

Food for thought. 
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: eatbrie on September 08, 2012, 04:21:41 PM
THIERRY -- Checks ebay, with friends, forums, etc... for 3 minutes a day for two years trying to find the PF adv on the cheap (~36 hrs).  He gets frustrated and eventually finds the Struzens (~2 hours) and, after waiting for the drop, hitting refresh, etc... (~1 hour), he buys an extra copy as trade-bait for $280. Then after more searching for willing traders (~3 hours) and packaging up the poster and mailing it (~1 hour), he finally gets his PF adv for $280.

Well, it's all very nice, but I don't actually function like this. 

I have a boxoffice database of 15,000 titles from the 40s to today.  I worked for various boxoffice publications in my early 20s, and I have kept it up to date all these years.  I also use it for posters, with special buttons that give me an accurate picture of what I own and what I need to get.  As of today, I own at least one poster for 2,751 titles.  The most I own for one title is 55 posters.  I am currently looking for posters for 724 titles.  On average, I buy about 200 posters a month.  So I don't have time to look for any specific title.  I browse Ebay, find what I like, tag it, forget about it and try to purchase it within 3 seconds of the end, mostly through sniping.  Sometimes it's a new title, sometimes it's to complete a title I already own posters for.

T
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: eatbrie on September 08, 2012, 04:25:20 PM
Last month, I bought 195 posters.  3 were posters I was looking for.  The rest was new stuff I found.  And Pulp Fiction was never something I looked for.  Too expensive and not that nice.  I only bought it because the price was right.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: CSM on September 08, 2012, 04:32:12 PM
I only bought it because the price was right.

But what does this matter Thierry when you never intend on selling and you didn't really even want it?
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: eatbrie on September 08, 2012, 04:38:44 PM
Because I love the title and I am a completist.

A few snapshots of my database, which is pretty gigantic...

Check the buttons on the left inside of the first screen.  Green is I Have, Red is I Want.  Sometimes it's both Green and Red, like Dark Knight Rises, although that's a mistake since I own everything I want on the title.

(http://farm9.staticflickr.com/8040/7957664190_a514a947d8.jpg)(http://farm9.staticflickr.com/8446/7957663882_1fe99a8a88.jpg)(http://farm9.staticflickr.com/8458/7957664046_4546993989.jpg)
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: enki on September 08, 2012, 06:58:40 PM
I'm a little late to this now-rambling thread, but I would just add one more thing which hasn't been discussed: Opportunity cost & the time-value of money  This comes into play in addition to how values are affected by personal taste, connection with the movie, income, scarcity, status, etc...
...


While you have a valid point, that time is money and in the end someone who spends time trying to save a penny might end up wasting a dime, you are overlooking a few facts.

1) Your analogies are not really valid unless Brian and Thierry were sacrificing time at a paying job in order to do the search. Just because someone makes $100,000/year, which is equal to about $48/hour (in a 40-hour work week) before taxes and other stuff, doesn't mean they make $48/hour every hour of every day of every week. So it's not like if they spent 10 hours after work doing something they 'wasted' $480. Now if someone took an unpaid day off to spend those 8 hours trying to find a deal on a poster, yes, that would result in an end loss of a few hundred bucks. But as long as they are not missing out on doing something that would make them money instead, nothing is actually lost.

2) Many people in high-income positions spend much more than 40-hours/week working, so the time they have leftover outside of sleeping is quite valuable to them. But only they could put a price on what it's worth. For me, I pay someone $85/month to cut our grass and do the general landscaping. Why? Well first, I hate working outside in Florida. But also, I would much rather pay someone else to do it so I can use that time for other things. It's worth the $20/hour I'm paying them so I can do something else. That might just be sitting around the house watching television. So in that case, one might say that I paid $20 to watch a TV show. But, to me, that was $20 well spent.

3) For many people, saving money (in large quantities) is actually fun. It's not the end result that matters, it's the thrill of the hunt. I personally don't find it interesting to spend an hour or two each week cutting coupons to save $10-20 in groceries, but I will spend hours trying to find slick deals (www.slickdeals.net) online. Hell, back a few years ago, I spent countless hours during an entire week going after the eBay Doorbusters Christmas promotion. I won't go into the details, but they were dropping random prizes for $1 BINs to whoever could find and buy it the fastest. In the end, it became a scripting contest to see who could access the eBay API fast enough. I ended up 'winning' close to $7,000 worth of stuff. Some I kept, much I gave away (or won for other people in the first place). But while the winning part was always nice, I enjoyed the challenge even more.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Bruce on September 08, 2012, 07:05:04 PM
The bottom line is if you enjoy searching it is not "work". But if you DON'T then your time IS worth what you get for other work you do.

Years ago I spent an hour a day on eBay searching, because I found tons of cool items and many steals. Over time, the fun went away, and also most of the good deals, and one day I quit and never did it again.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Silhouette on September 08, 2012, 07:09:55 PM
Collecting posters is very personal we do it because it does something to our senses, some of us can't even define what that is. It's not a race, there is no prize awarded to the person with the most titles, the most expensive collection, the biggest and so on. Every single person here appreciates the desire, the enjoyment and the fun that one can get out of chasing, finding and collecting movie posters and certainly sharing our 'wins' with fellow collectors is part of what makes a hobby so enjoyable (not matter what that hobby is).

Time spent collecting is not a rateable expense and money spent adding to ones collection when it brings personal enjoyment should not be up for criticism.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: enki on September 08, 2012, 07:25:12 PM
Collecting posters is very personal we do it because it does something to our senses, some of us can't even define what that is. It's not a race, there is no prize awarded to the person with the most titles, the most expensive collection, the biggest and so on. Every single person here appreciates the desire, the enjoyment and the fun that one can get out of chasing, finding and collecting movie posters and certainly sharing our 'wins' with fellow collectors is part of what makes a hobby so enjoyable (not matter what that hobby is).

Time spent collecting is not a rateable expense and money spent adding to ones collection when it brings personal enjoyment should not be up for criticism.

I agree.

This is also why I don't understand why anyone would want to buy something like this: http://www.ebay.com/itm/THE-STAR-WARS-MOVIE-POSTER-REFERENCE-COLLECTION-VOTED-1-OFFERING-WORLDWIDE-/390457338521?pt=LH_DefaultDomain_0&hash=item5ae9122a99

Crazy price notwithstanding, part of the joy I get is hunting down posters I like/need/want. That's the fun part about collecting. My personal focus is mainly in Star Wars, and I'm kind of glad that certain items only come up very rarely. Because when one does, and I might be able to get it, it provides excitement. I wouldn't want to just go out and buy every poster at once in some mega-collection, because it would take all the fun out of it. Great, now I have everything and it took 15 seconds to get it. There would be no lasting enjoyment.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: eatbrie on September 08, 2012, 07:42:51 PM
I disagree with a lot of this.  So according to you guys, every new acquisition should be cheered and applauded.  What is this?  A beauty contest?  Is someone going to cry because someone else told them it was not all that great?  So that's okay if we spend our time bashing each other and calling each other names in the political threads, but to criticize someone's new acquisition is verboten?

I've had some of my purchases criticized in the past, and rightfully so.  I even remember a time when some people were picking the worst titles of my collection and making fun of them.  That's okay, I've got plenty of bad titles ;)  This is a public forum.  Not everybody is going to like everything.  People need to grow a spine and stand for what they love.  I couldn't care less if the entire forum mocks a poster I recently bought.  If I love it, that's all that matters to me.

Yes, I did say in another thread that I didn't like the Matrix poster someone (can't remember whom and too lazy to check) bought.  It's my opinion.  And I find it ridiculous that members would not post their new acquisitions by fear of being criticized.  If it's true.

By the same token, I know a lot of people on this forum sell posters.  So obviously, these people are not going to like it when someone labels a given poster as too expensive.  This is a learning curve for everyone.  I am not always right, no one is, but everyone has an opinion, and in a public forum, people have the right to express it and others to make up their own minds.

T
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: enki on September 08, 2012, 07:58:11 PM
Am I missing something? I'm not sure how anything that was recently said applies to what you are talking about.

We were discussing the value of time spent searching over just buying something for a higher price.

What does that have to do with cheering all new acquisitions?
 mesmrized
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: eatbrie on September 08, 2012, 08:02:34 PM
Sorry, I was reading stuff from yesterday and saw this from Ves: "Annoys the crap out of me that other collectors poo poo other peoples purchases...if we all liked the same thing, we'd be up poop creek!" and this from David: "Time spent collecting is not a rateable expense and money spent adding to ones collection when it brings personal enjoyment should not be up for criticism."
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: ATLfun on September 08, 2012, 08:09:58 PM

  She is convinced in the end that I will ultimately buy exactly the same number of posters and still have more time to spend with her and our daughter.  

 Harry that last sentence caught my eye. No poster deal is worth more than quality time with your family.  My wife said something similar to me and I adjusted accordingly.  In the beginning, I was going overboard with my internet research and deal hunting, prior to the hiatus.  Being in the same room with your family, but on the laptop does not qualify as quality time. Of course, right now, I am multi-tasking watching the UGA game and checking out the forum.   wynk

  Plus, another element for me is that Bruce has earned my respect, and consequently, I am willing to pay more at an emovie auction. Ebay can be hit or miss about the quality of photo's and poor shipping.  I hate dealing with eBay problems. Also, I got tired of over rating by some internet sellers.  I honestly find that Bruce either undergrades or is dead on.  Plus, I had one internet seller tell me twice just to send back posters that were disappointing.  Well, I don't have time for that either from sellers.  I must also say, that Rich is a stand up seller.  ;D

 

  Brian
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Matt on September 08, 2012, 08:17:39 PM
(http://i266.photobucket.com/albums/ii269/theogrit/1sm165cop.gif)  Brian, stop right where you are my friend.

A man..."multi-tasking".  nono  You're a bloody liar!!!
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: ATLfun on September 08, 2012, 08:19:24 PM
(http://i266.photobucket.com/albums/ii269/theogrit/1sm165cop.gif)  Brian, stop right where you are my friend.

A man..."multi-tasking".  nono  You're a bloody liar!!!



 laugh1
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Silhouette on September 08, 2012, 08:20:47 PM
You're a bloody liar!!!

Pot.Kettle.Black...

...because your legs really look like that.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Matt on September 08, 2012, 08:28:59 PM
 
Pot.Kettle.Black...

...because your legs really look like that.

Touché

At least your av is a little closer to the mark. wynk
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: eatbrie on September 08, 2012, 08:29:36 PM
ATLfun...  Funny what you just posted at the bottom there.  I see it as a sign of encouragement to do it more often.

T
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: ATLfun on September 08, 2012, 08:42:47 PM
ATLfun...  Funny what you just posted at the bottom there.  I see it as a sign of encouragement to do it more often.

T

 
 New tag line or not, disparaging comments are just a part of your nature and no extra motivation is needed.


Brian
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Dread_Pirate_Mel on September 08, 2012, 09:23:48 PM

 New tag line or not, disparaging comments are just a part of your nature and no extra motivation is needed.


Brian

Add this screenshot of Thierry's website to your tag line too  ;D

(http://i691.photobucket.com/albums/vv275/Forty_Candles/2012/Bieber-2.jpg)
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: 50s on September 08, 2012, 09:29:50 PM
Add this screenshot of Thierry's website to your tag line too  ;D



There is definately a sick element to this hobby, it's how we over come this, which defines us






Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Silhouette on September 08, 2012, 09:34:51 PM
There is definitely a sick element to this hobby, it's how we over come this, which defines us

I see an urgent need for an AP Forum intervention...soon!



At least your av is a little closer to the mark. wynk

Touché indeed...well played sir
(http://images.zaazu.com/img/Zorro-Zorro-Mexico-super-hero-smiley-emoticon-000173-facebook.gif)
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: holiday on September 08, 2012, 09:42:19 PM
Ok, now THAT'S pretty funny.  But, I'm sure this is among the posters that he gets for free and he can't stand to throw some shit away.

Actually, if he was going to sell some time in the future, it's not bad to keep it around.  There's a whole generation that might be into buying that very poster 25 years from now. 

Ok, I've changed my mind.  It's a treasure.  Thierry should tube it and keep it in a climate controlled environment for the day it will sell for $1500.

Add this screenshot of Thierry's website to your tag line too  ;D

(http://i691.photobucket.com/albums/vv275/Forty_Candles/2012/Bieber-2.jpg)
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Zorba on September 08, 2012, 09:44:36 PM

Ok, I've changed my mind.  It's a treasure.  Thierry should tube it and keep it in a climate controlled environment for the day it will sell for $1500.


Yep. You never know. One day it could be the unicorn that makes someone an elite collector.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: enki on September 08, 2012, 09:50:23 PM
Yep. You never know. One day it could be the unicorn that makes someone an elite collector.

Unicorn something...
(http://static.neatoshop.com/images/product/70/2470/Unicorn-Poop_9756-l.jpg)
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Zorba on September 08, 2012, 09:54:33 PM
"I'll believe you when me sh*t turns purple and smells like rainbow sherbet!"

 ;D
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Dread_Pirate_Mel on September 08, 2012, 09:55:31 PM
Question for the day.

Which is worse?  Those Bieber posters or this Hall & Oates video?

(http://i691.photobucket.com/albums/vv275/Forty_Candles/2012/Hall.jpg) (http://www.youtube.com/watch?v=vZZngTkp54I)
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Silhouette on September 08, 2012, 10:00:05 PM

Actually, if he was going to sell some time in the future, it's not bad to keep it around.  There's a whole generation that might be into buying that very poster 25 years from now. 


You might want to add the number 9 in front of that 25 and then include the proviso '...or when toilet paper is in short supply..."
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: eatbrie on September 08, 2012, 10:17:13 PM
Ok, now THAT'S pretty funny.  But, I'm sure this is among the posters that he gets for free and he can't stand to throw some shit away.

Actually, if he was going to sell some time in the future, it's not bad to keep it around.  There's a whole generation that might be into buying that very poster 25 years from now.  

Ok, I've changed my mind.  It's a treasure.  Thierry should tube it and keep it in a climate controlled environment for the day it will sell for $1500.


Shit, too many games to watch today to follow the great rhetoric of this forum.

That is really funny, though.  And yes, I got these posters for free, but even if I hadn't, I still believe Justin is better looking, or at least looks smarter than Keanu.

T
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Silhouette on September 08, 2012, 10:20:55 PM

I still believe Justin is better looking, or at least looks smarter than Keanu.


and yet I'm still wondering why that would actually make a topic for discussion...
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: 50s on September 08, 2012, 11:01:57 PM
Some of us use forums as therapy, letting others know that you find Justin Beiber attractive is just part of that healing process, and getting to know yourself and love yourself (and Justin)
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: eatbrie on September 08, 2012, 11:16:17 PM
Some of us use forums as therapy, letting others know that you find Justin Beiber attractive is just part of that healing process, and getting to know yourself and love yourself (and Justin)

That made me laugh.

 sm1

Originally, Holiday and I created the forum for therapeutic reasons, from the East coast to the West coast... and then you guys joined.

T
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: holiday on September 08, 2012, 11:34:00 PM
Ah, but can he match up to SJP - you're fave of all time?

Shit, too many games to watch today to follow the great rhetoric of this forum.

That is really funny, though.  And yes, I got these posters for free, but even if I hadn't, I still believe Justin is better looking, or at least looks smarter than Keanu.

T
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: eatbrie on September 08, 2012, 11:42:06 PM
I was about to say that, at least, I don't own any SJP posters... and then I checked my database and realized I was wrong.

I own a bunch :(

Hocus Pocus (because of Struzan)
Ed Wood (because of Burton)
Miami Rhapsody (because...  I don't know)
Mars Attacks! (Burton)
Family Stone (???)
Smart People (???)

I feel dirty.  Very dirty.  

PS: Oh yeah, Smart People is Ellen Page's.  I like Ellen Page.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: holiday on September 08, 2012, 11:52:40 PM
That made me laugh.

 sm1

Originally, Holiday and I created the forum for therapeutic reasons, from the East coast to the West coast... and then you guys joined.

T

And it was all downhill from there....
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Matt on September 09, 2012, 12:01:07 AM
(http://gifs.gifbin.com/072011/1311246717_downhill_biking_goes_wrong.gif)
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: CSM on September 09, 2012, 12:54:03 AM
Damn you Matt - that gif sucked me into its black hole!
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Matt on September 09, 2012, 02:08:25 AM
Job well done gif. ;)
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Charlie on September 09, 2012, 10:05:38 AM
That's what it's all about, Charlie.  Maybe you could have waited another 6 months and get it even cheaper ;)  

Did you buy it from Hideyuki's most recent batch?

T

Yeah got it from Hideyuki. I owe a big thanks to Mel who tipped me off...  I saw you going after it last time and backed off since I have the OS I was ok with it...  I felt terrible when I got the e-mail and I was out to dinner with friends for the first time in a long time and there I am trying to buy poster on my driod... Maybe my wife is right - I am obsessed...

I also picked up that Equilibrium B1 Silver Mylar that went for $150 to $200 or something last time for $98 bucks another instance where I wasn't sucked into the vacuum and it came up again...  Now just need an Amelie to pop up for $100...
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Charlie on September 09, 2012, 10:10:24 AM
Checks ebay, with friends, forums, etc... for 3 minutes a day for two years trying to find the PF adv on the cheap (~36 hrs).  He gets frustrated and eventually finds the Struzens (~2 hours) and, after waiting for the drop, hitting refresh, etc... (~1 hour), he buys an extra copy as trade-bait for $280. Then after more searching for willing traders (~3 hours) and packaging up the poster and mailing it (~1 hour), he finally gets his PF adv for $280.

But I think that part of the fun is finding items for less.  The 'hunt' - this has inherent entertainment value.  If I was a millionaire and could buy everyone of bruce's posters what would be the fun in that.  I could just hire someone to sit and place bids...  One of the reason I like dealing with my 'crack dealer' is I never know what he is going to find for me, what the prices wil be, the haggling, etc.  Like my dad finding those beer posters, he's never had so much fun.  If we all had the means to buy what ever we wanted then why buy at all...

Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: brude on September 09, 2012, 10:22:41 AM
Collecting posters is very personal we do it because it does something to our senses, some of us can't even define what that is. It's not a race, there is no prize awarded to the person with the most titles, the most expensive collection, the biggest and so on. Every single person here appreciates the desire, the enjoyment and the fun that one can get out of chasing, finding and collecting movie posters and certainly sharing our 'wins' with fellow collectors is part of what makes a hobby so enjoyable (not matter what that hobby is).

Time spent collecting is not a rateable expense and money spent adding to ones collection when it brings personal enjoyment should not be up for criticism.

This man has it all together.
 cheers
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Harry Caul on September 09, 2012, 12:59:50 PM
But I think that part of the fun is finding items for less.  The 'hunt' - this has inherent entertainment value.  If I was a millionaire and could buy everyone of bruce's posters what would be the fun in that.  I could just hire someone to sit and place bids...  One of the reason I like dealing with my 'crack dealer' is I never know what he is going to find for me, what the prices wil be, the haggling, etc.  Like my dad finding those beer posters, he's never had so much fun.  If we all had the means to buy what ever we wanted then why buy at all...



Like I said, I love it too... but I need to be honest with myself that it takes lots of valuable time to find all these "deals". 
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: enki on September 10, 2012, 02:47:02 PM
Beats me! But if you ask "mail@emovieposter.com" before Monday I will make sure they answer you promptly.

One thought occurs to me. Any chance the three posters were not good to combine and were sent in two packages?

Bruce,

We received both packages today (the poster tube and the other 'unknown' one). The latter ended up being a single book - Cartoon Movie Posters. Not sure how/why I received it, but I didn't have that one so it was a pleasant surprise. Was that an oops, or did you guys send out random books to people even if they didn't meet the prior item requirements?
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Bruce on September 10, 2012, 04:36:30 PM
Aha! You bought from our All--Animation auction and EVERY buyer got one of those books, which has been out of print forever, but I found some boxes of them just in time for this auction.

I am glad you liked it.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: enki on September 10, 2012, 05:37:05 PM
Aha! You bought from our All--Animation auction and EVERY buyer got one of those books, which has been out of print forever, but I found some boxes of them just in time for this auction.

I am glad you liked it.

Ah, that makes sense. I did purchase a couple Simpsons posters a month or so ago. I guess the fact that it was sent out right with my latest acquisitions made me thing it was related to the MM.

Coolbeans!
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Bruce on September 10, 2012, 08:43:36 PM
Ah, that makes sense. I did purchase a couple Simpsons posters a month or so ago. I guess the fact that it was sent out right with my latest acquisitions made me thing it was related to the MM.

Coolbeans!

If I remember right, you STOLE those Simpsons posters!
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: erik1925 on November 08, 2015, 11:05:36 PM
 bump.gif' ing  this thread

There is some great commentary (thoughts and ideas) as well as varying points of view.

Lots of Good stuff!

(And where have enki (James) and ATLfun (Brian) been hiding out?)  binoc.gif
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Gingerman on November 09, 2015, 12:04:06 AM
Jeff Nice bump....good read!!

Like I said, I love it too... but I need to be honest with myself that it takes lots of valuable time to find all these "deals". 
<my2cents>

I struggle with this often, I can find good buys on stuff. But time is money, so if I pay more for an item but save hours, days, weeks or longer looking did I really over pay? I remember (think it was Rich) someone was talking about price vs. time owned and enjoyment vs. not owning. I can see the validity in this idea because if you pay 500 bucks for a poster today that you might never find again, and then enjoy it for 10 years you paid what 50 bucks a year to enjoy it? What a matter of cents everyday? 

</my2cents>
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: erik1925 on November 09, 2015, 12:26:06 AM
So true, Chris.

It's the discussion and varied opinion, that I think is so great.

It's the "wait and patience" mentality, vs. the so-called Veruka Salt (Willy Wonka) "I WANT IT NOW" mode, that some also have. In that scenario, dollars get lost or overspent, in the mix, many times.

(http://i1355.photobucket.com/albums/q719/spitfire3992/Veruca-Salt-1024x575_zpshuhwjhsq.jpg)

Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: crowzilla on November 10, 2015, 10:16:23 AM
Jeff Nice bump....good read!!
<my2cents>

I struggle with this often, I can find good buys on stuff. But time is money, so if I pay more for an item but save hours, days, weeks or longer looking did I really over pay? I remember (think it was Rich) someone was talking about price vs. time owned and enjoyment vs. not owning. I can see the validity in this idea because if you pay 500 bucks for a poster today that you might never find again, and then enjoy it for 10 years you paid what 50 bucks a year to enjoy it? What a matter of cents everyday? 

</my2cents>

That might have been me - here is what I wrote last year about price vs. time:

While you can probably find a Back to the Future 1-sheet for sale every week for the next 10 years, that is just not always the case with what the heart wants (right Rosa and her 3 posters?).
So if it finally shows up for sale and you can purchase it without breaking the bank, do it and enjoy it now.
I want a Jungle Woman insert, the last time I saw one for sale it sold for about $25 more than I was willing to pay. That was 10 years ago.
I may very well find it for less money whenever it turns up, but not only have I wasted a few minutes each week searching for it, I have missed out on 10 years of enjoying that poster. I was a blockhead to let it get away when I could have easily afforded it.

I would even apply this to Back to the Future. Let's say that for some reason in 10 years no one wants that title (doubtful, but let's say...) and you can buy it for $50 instead of $150.  Is it really worth $100 to delay enjoyment for 10 years?
You wouldn't get $10 a year worth of enjoyment from owning that poster?
If not, this probably isn't the hobby for you.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: erik1925 on November 10, 2015, 12:01:03 PM
That might have been me - here is what I wrote last year about price vs. time:

While you can probably find a Back to the Future 1-sheet for sale every week for the next 10 years, that is just not always the case with what the heart wants (right Rosa and her 3 posters?).
So if it finally shows up for sale and you can purchase it without breaking the bank, do it and enjoy it now.
I want a Jungle Woman insert, the last time I saw one for sale it sold for about $25 more than I was willing to pay. That was 10 years ago.
I may very well find it for less money whenever it turns up, but not only have I wasted a few minutes each week searching for it, I have missed out on 10 years of enjoying that poster. I was a blockhead to let it get away when I could have easily afforded it.

I would even apply this to Back to the Future. Let's say that for some reason in 10 years no one wants that title (doubtful, but let's say...) and you can buy it for $50 instead of $150.  Is it really worth $100 to delay enjoyment for 10 years?
You wouldn't get $10 a year worth of enjoyment from owning that poster?

If not, this probably isn't the hobby for you.

 clap clap clap clap

Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: lynaron on November 10, 2015, 12:57:20 PM
Exactly, Sean.  I've never regretted spending or overspending (within reason, of course) on a poster, but I'm kicked my butt on more than one occasion for being "cheap" and passing on something I really wanted.

L.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: paul waines on November 10, 2015, 01:06:28 PM
I'll join the club Sean and Lyn, so right....
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Gingerman on November 10, 2015, 02:28:23 PM
I only have one non-binding regret......I should have went after the Frankenstein sold on emovie recently...it  would have looked so good next to my 50r red/black Kong......http://www.emovieposter.com/agallery/archiveitem/11620661.html (http://www.emovieposter.com/agallery/archiveitem/11620661.html)
Funny thing is I remember talking to you Jeff about my considerations of said poster...... doh
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: crowzilla on November 10, 2015, 02:37:06 PM
kicked my butt on more than one occasion for being "cheap" and passing on something I really wanted.

L.

You and me both buddy.  crying

Just about a month ago I put this into use for a great example. An auction came up that had four cards from Matango (Attack of the Mushroom People) in it and I only needed three of the cards.  Decided that I didn't care, that I had been looking for these cards for over 20 years and f you combine all the cards offered for sale in that time period you couldn't come up with a full set, so how much longer should I wait?  I won the auction, and the other three cards I probably couldn't sell for half what I paid, but I really don't care as I'm getting full enjoyment out of them.

This is the one I needed. :)

(http://auctions.c.yimg.jp/images.auctions.yahoo.co.jp/image/ra230/users/7/9/0/2/can219hi-img480x600-1436670477izkq4s26410.jpg)
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: MoviePosterBid.com on November 10, 2015, 03:09:24 PM
I struggle with this often, I can find good buys on stuff. But time is money, so if I pay more for an item but save hours, days, weeks or longer looking did I really over pay? I remember (think it was Rich) someone was talking about price vs. time owned and enjoyment vs. not owning. I can see the validity in this idea because if you pay 500 bucks for a poster today that you might never find again, and then enjoy it for 10 years you paid what 50 bucks a year to enjoy it? What a matter of cents everyday? 

yes I also comment on this a few times, usually in reference to my Murder My Sweet 1sh

I paid 3k in 2000, so I've enjoyed this poster for 15 years so far for $200 a year, or about 55 cents a day.
I doubt we have many things we can say we have enjoyed in such fashion.
next year my daily cost goes down to 51 cents (yay)
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Mirosae on November 13, 2015, 11:34:55 AM
It looks like we all have a Mr Mean and Ms NoW inside. Value of money vs poster is relative. I do not care about the poster price police. And this is why:

Story of my poster life

CHAPTER 1 - WAITING
(http://i1356.photobucket.com/albums/q737/Hope_Emerson/latest_zpshlf7ij3p.gif)

CHAPTER 2- FRUSTRATION...where is it?
(http://i1356.photobucket.com/albums/q737/Hope_Emerson/tumblr_lt0yp5AWXv1qcesuu_zpsgirfmndy.gif)



CHAPTER 3- FOUND IT!!!
(http://i1356.photobucket.com/albums/q737/Hope_Emerson/tumblr_inline_mgcc75x7OJ1rbgevh_zpsc1bsqqne.gif)

CHAPTER 4- NOW!!!!!!!!!!
(http://i1356.photobucket.com/albums/q737/Hope_Emerson/200w_zpsfonwwgap.gif)



CHAPTER 5- GOT MY POSTER
(http://i1356.photobucket.com/albums/q737/Hope_Emerson/200w_d_zpsln3pl7uy.gif)

 AND THE WAITING STARTS ....AGAIN....
(http://i1356.photobucket.com/albums/q737/Hope_Emerson/AkkpP_zpskmrsbsnq.gif)


Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: paul waines on November 13, 2015, 02:07:43 PM
 ;D   Jollygood, so true...
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Neo on November 13, 2015, 02:25:50 PM
Well said, Rosa.    happy1
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: guest4754 on November 13, 2015, 02:27:51 PM
Ha, that's perfect!
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Gingerman on November 13, 2015, 07:07:36 PM
 laugh1 Rosa   That is perfect!  laugh1
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Ari on November 13, 2015, 07:58:25 PM
haha yep.... Fantastico.

(glad you didnt add the I CANT FIND IT IN ALL MY JUNK gif).
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: 50s on November 13, 2015, 08:37:00 PM
Yes, Correcto Rosa.


My definition... Anyone who out bid my maximum bid paid too much.

 
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: erik1925 on May 06, 2017, 03:49:30 PM
Exactly, Sean.  I've never regretted spending or overspending (within reason, of course) on a poster, but I'm kicked my butt on more than one occasion for being "cheap" and passing on something I really wanted.

L.

In addition, Ive marked things to watch.. and something will sit, be re-listed, sit unsold, be re-listed again... and then, I get smacked with the "what are you waiting for" bug, only to find that the poster has either been sold or removed from the sale/auction list. And that is a bummer feeling, for sure. Doh.gif
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Neo on May 12, 2017, 12:24:27 AM
If only we could turn the clock back, and take some of the chances that we wish we had.  Those are often the biggest regrets.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: eatbrie on May 12, 2017, 12:33:03 AM
You should never regret missing out on a poster for being cheap, because you will always get another chance to buy what you want for the price that you want.  And if you don't, buy something else.  A lot of dealers abuse the hobby and it's a shame.  Patience is key.

T
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: erik1925 on May 12, 2017, 01:48:40 AM
You should never regret missing out on a poster for being cheap, because you will always get another chance to buy what you want for the price that you want.  And if you don't, buy something else.  A lot of dealers abuse the hobby and it's a shame.  Patience is key.

T

This may be true most of the time, but for the eras and decades that I most favor, some of the posters (that I hesitated on and missed) have yet to re-appear again -- and in a good number of years, in some cases.  :'(
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: crowzilla on May 12, 2017, 11:02:54 AM
You should never regret missing out on a poster for being cheap, because you will always get another chance to buy what you want for the price that you want. 
LOL
80s - 2010s - absolutely true, and probably next week. (it's just Back to the Future, don't panic)
60s - 70s - probably true, might have to wait a month or two (it's just Breakfast at Tiffany's, don't panic, next HA catalog will be here soon)
50s - hopefully you can find one within the next year (but not if you are waiting on a 50ft Woman 3-sheet or something)
40s - yes, you might get another chance  before we elect a new President (unless it's a Wolf Man insert)
30s - you might get another chance, when that buyer dies (I passed on the Mummy 1-sheet, cause T said another will come up for the price I want)
20s or earlier - good luck with that. (I'm sure another Metropolis 3-sheet is around the corner lol)

Quote
And if you don't, buy something else.  A lot of dealers abuse the hobby and it's a shame.  Patience is key.


As long as you are willing to settle for something that wasn't your first choice, there will be lots of things to buy.
Dealers abusing the hobby sucks.

Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: eatbrie on May 12, 2017, 11:17:49 AM
This may be true most of the time, but for the eras and decades that I most favor, some of the posters (that I hesitated on and missed) have yet to re-appear again -- and in a good number of years, in some cases.  :'(

What are the eras and decades that you most favor and what are those rare posters that you missed that have yet to re-appear again?  Examples?

T
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: jayn_j on May 12, 2017, 12:34:45 PM
This may be true most of the time, but for the eras and decades that I most favor, some of the posters (that I hesitated on and missed) have yet to re-appear again -- and in a good number of years, in some cases.  :'(

Pokeman - Gotta Catch Them All
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: erik1925 on May 12, 2017, 12:51:52 PM
Pokeman - Gotta Catch Them All

You're looking for one, too, huh?
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Neo on May 12, 2017, 01:27:24 PM

Examples?


Since they're uber rare, probably best not to mention them here, as it could be drawing more potential bidders/buyers.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: jayn_j on May 12, 2017, 02:26:57 PM
You're looking for one, too, huh?

You knnoooowwwww what I like :)
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: eatbrie on May 12, 2017, 02:32:23 PM
Since they're uber rare, probably best not to mention them here, as it could be drawing more potential bidders/buyers.

I didn't know that Jeff was so much into uber rare posters, the ones he missed and obviously the ones he has acquired.  Now I wish I'd see more of his collection.  Please do share, Jeff.

 bed1

T
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: crowzilla on May 12, 2017, 02:43:39 PM
What are the eras and decades that you most favor and what are those rare posters that you missed that have yet to re-appear again?  Examples?

T

Here is one I wanted that I missed T (my second favorite Universal poster). This was 15 years ago and one has yet to appear again on the market. How long will I need to wait to find one for say, $30K?

(https://dyn3.heritagestatic.com/lf?set=path%5B3%2F1%2F8%2F0%2F3180182%5D%2Csizedata%5B850x600%5D&call=url%5Bfile%3Aproduct.chain%5D)
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: erik1925 on May 12, 2017, 03:14:20 PM
I dont make or have a list, though there are certain actors, directors that I like. The era/decades I was referring to are the 1920s-early 40s. I will look to see if I saved the images from these past auctions or sales.

The posters were not super pricey, as I recall, just that my delay at the time caused them to be snatched away, and I kick myself a little when I think about my procrastinating.  :-\

Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: erik1925 on May 12, 2017, 03:27:55 PM
Here is one I wanted that I missed T (my second favorite Universal poster). This was 15 years ago and one has yet to appear again on the market. How long will I need to wait to find one for say, $30K?

(https://dyn3.heritagestatic.com/lf?set=path%5B3%2F1%2F8%2F0%2F3180182%5D%2Csizedata%5B850x600%5D&call=url%5Bfile%3Aproduct.chain%5D)

Love this one, Sean. Wow.  bed1
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: jayn_j on May 12, 2017, 03:29:25 PM
I dont make or have a list, though there are certain actors, directors that I like. The era/decades I was referring to are the 1920s-early 40s. I will look to see if I saved the images from these past auctions or sales.

The posters were not super pricey, as I recall, just that my delay at the time caused them to be snatched away, and I kick myself a little when I think about my procrastinating.  :-\

Agree.  I was thinking about starting a thread on cool border art for lobby cards from the 30's.  The titles are nothing special, but there is a certain grace to the card design that got lost later on.
(http://users.frii.com/cindy/posters/lobbies/lc_little_accident_a_BM08655_T.jpg)
(http://users.frii.com/cindy/posters/lobbies/non-musicals/lc_go_getter.jpg)

Again, not valuable.  I usually pick them up for under $30, but the likelyhood of seeing a particular title coming up again is slim to none.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: eatbrie on May 12, 2017, 03:32:35 PM
Here is one I wanted that I missed T (my second favorite Universal poster). This was 15 years ago and one has yet to appear again on the market. How long will I need to wait to find one for say, $30K?

Yeah, I guess I'm much more laid back about it than some.  In short, I don't care.  A lot of "rarer" posters that I missed because of price eventually came back and I got them for what I wanted.  I never buy from dealers because they almost always overcharge (sometimes by a lot) and I don't see why I should pay their overhead when I can just wait and pay less.  Now if I miss something as rare as what you posted above and I miss it because I didn't pay enough, I shrug it off and just move to the next piece.  There are so many posters out there.  One less or one more doesn't make a difference to me.  They're just movie posters.

T
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: crowzilla on May 12, 2017, 03:41:29 PM
There are so many posters out there.  One less or one more doesn't make a difference to me.  They're just movie posters.
T

That goes back to my statement above - As long as you are willing to settle for something that wasn't your first choice, there will be lots of things to buy.

Here's another I doubt I will see again, but I took your attitude on it.
Bruce sold this card from Dwight Cleveland's collection a couple of years ago, I've never seen it before and heck it might be unique or near unique, and I liked it but decided I just wasn't going to spend a few hundred bucks on it. One more or less "kissing scene" is no big deal. (but I would still be interested if anyone has one they want to sell for less than Bruce's price lol )

(http://www.emovieposter.com/images/moviestars/AA150326/550/lc_wolf_song_num2_TB00935_T.jpg)
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: erik1925 on May 12, 2017, 03:57:20 PM
We cant see the pic, Sean, as emp no longer permits hotlinking to their images.

What's the film title?
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: erik1925 on May 12, 2017, 04:56:42 PM
Agree.  I was thinking about starting a thread on cool border art for lobby cards from the 30's.  The titles are nothing special, but there is a certain grace to the card design that got lost later on.

Again, not valuable.  I usually pick them up for under $30, but the likelyhood of seeing a particular title coming up again is slim to none.

Sounds like a great idea for a thread, jay.  thumbsup.gif
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: crowzilla on May 13, 2017, 10:47:16 AM
We cant see the pic, Sean, as emp no longer permits hotlinking to their images.

What's the film title?

Oops  sorry, Bruce.
It was this card from Wolf Song.
http://www.emovieposter.com/agallery/archiveitem/816990.html
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: eatbrie on May 14, 2017, 09:24:34 PM
That goes back to my statement above - As long as you are willing to settle for something that wasn't your first choice, there will be lots of things to buy.

Although as much as I say that there is an ocean of posters out there, it's becoming increasingly difficult to buy anything.  Lots of deep pockets out there, which I guess is a good thing for dealers.  I had 12 items on my list at HA tonight, I won one :(  I don't know if I'm cheap, but everything is just going for too much money.  Can't afford it.  So I watch everything go bye bye.  I know they will all go for less at some point, but it is frustrating.

T
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Dr Bill on May 14, 2017, 11:20:23 PM
Although as much as I say that there is an ocean of posters out there, it's becoming increasingly difficult to buy anything.  Lots of deep pockets out there, which I guess is a good thing for dealers.  I had 12 items on my list at HA tonight, I won one :(  I don't know if I'm cheap, but everything is just going for too much money.  Can't afford it.  So I watch everything go bye bye.  I know they will all go for less at some point, but it is frustrating.

T

Damn, if their pockets are getting too deep for you, I'm in deeper trouble. I know I'm not even in the HA league, but I'm slowly accumulating most of the stuff that pertains to my favorite films. I'm not sure how they're thought of here, but I've found some of the Mondo stuff is unique and affordable. I also like the idea of helping original artists survive. I do miss holding a piece of film history in my hands though. But I've made peace with myself about never being able to own complete original Laura or Forbidden Planet lobby sets. Heh - even after all that, I still can't seem to keep my fingers off the bid or BIN button. Maybe I need an intervention...
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: erik1925 on May 15, 2017, 01:52:08 AM
Damn, if their pockets are getting too deep for you, I'm in deeper trouble. I know I'm not even in the HA league, but I'm slowly accumulating most of the stuff that pertains to my favorite films. I'm not sure how they're thought of here, but I've found some of the Mondo stuff is unique and affordable. I also like the idea of helping original artists survive. I do miss holding a piece of film history in my hands though. But I've made peace with myself about never being able to own complete original Laura or Forbidden Planet lobby sets. Heh - even after all that, I still can't seem to keep my fingers off the bid or BIN button. Maybe I need an intervention...

I would also suggest that everyone's definition of "deep pockets" might vary; so dont let that aspect get you down, Dr Bill. It looks like you are doing just fine. clap clap

Are your poster prints from new artists? Sometimes, they can produce/create things that just knocks it out of the park.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: eatbrie on May 15, 2017, 02:07:38 AM
Damn, if their pockets are getting too deep for you, I'm in deeper trouble. I know I'm not even in the HA league, but I'm slowly accumulating most of the stuff that pertains to my favorite films. I'm not sure how they're thought of here, but I've found some of the Mondo stuff is unique and affordable. I also like the idea of helping original artists survive. I do miss holding a piece of film history in my hands though. But I've made peace with myself about never being able to own complete original Laura or Forbidden Planet lobby sets. Heh - even after all that, I still can't seem to keep my fingers off the bid or BIN button. Maybe I need an intervention...

It's not so much that pockets are getting too deep, but more that I think a lot of people spend way too much money on some items.  Looking at the numbers, I feel like my collection is probably worth 2 or 3 times more than what I paid for it.  Which I guess would be a good thing if I was in the business of selling, but I'm not.  And as a buyer, I simply refuse to overspend, so I must let go of a lot of material.  In short, it's good for what I already have and bad for what I want.  I see Heritage and I see some items I bought a couple years ago go for x5 what I paid for.  It seems to be a trend these days. and I don't want to be a part of it.  Same goes with Bruce.  A few people spend stupid money on low quality stuff.  I don't get it.

T
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Dr Bill on May 15, 2017, 02:23:37 AM
I would also suggest that everyone's definition of "deep pockets" might vary; so dont let that aspect get you down, Dr Bill. It looks like you are doing just fine. clap clap

Are your poster prints from new artists? Sometimes, they can produce/create things that just knocks it out of the park.

I'm not sure how new the artists are - it's hard to find a lot of information on some of these people. The new Mondos in my collection thread are the result of the 24x48 video that was mentioned here - they appealed to me both because of the images and their reference to some of my favorite films. I don't really care if they appreciate or not - I just like them, and the idea of supporting the artists. They're inexpensive, limited editions, and range from the conventional to the unconventional - lots of wildly different styles, yet themed for many of the films I like. Of course, I'm a bit late to the party again - some that really appeal to me are already sold out and on eBay for 4-5 times the original price. Tracie Ching's Kubrick series is a good example - but I hope to have those eventually.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: eatbrie on May 15, 2017, 02:33:05 AM
Prints are also completely overpriced.  Obviously, if you want to support the artists, which is very noble of you, never buy from the scavengers on Ebay, all these people who buy prints for the sole purpose of making a few bucks here and there.  I own a few prints myself and some of them have greatly appreciated, mostly because of title, artist, low print number and time elapsed.  So if you collect wisely, you could end up with a nice little collection.

T
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Dr Bill on May 15, 2017, 02:38:13 AM
It's not so much that pockets are getting too deep, but more that I think a lot of people spend way too much money on some items.  Looking at the numbers, I feel like my collection is probably worth 2 or 3 times more than what I paid for it.  Which I guess would be a good thing if I was in the business of selling, but I'm not.  And as a buyer, I simply refuse to overspend, so I must let go of a lot of material.  In short, it's good for what I already have and bad for what I want.  I see Heritage and I see some items I bought a couple years ago go for x5 what I paid for.  It seems to be a trend these days. and I don't want to be a part of it.  Same goes with Bruce.  A few people spend stupid money on low quality stuff.  I don't get it.

T

As a newbie to the hobby, I think I do get it. We uninitiated stick our toe in the water, become overly enthusiastic, aren't well versed in what the items are worth, and get caught up in bidding wars. Some of us are limited from bidding astronomical amounts by our budgets and our SO (my wife thinks I'm absolutely crazy and is about to put her foot down after seeing $5,000 spent so far on paper I pack away in plastic tubs). But those with money to burn willingly burn it as the hobby becomes more in vogue. Sometimes I cringe when I think some of the really rare stuff may get tossed in time as people grow tired of collecting and go on to whatever hobby is the current fad for them.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: erik1925 on May 15, 2017, 01:31:44 PM
I'm not sure how new the artists are - it's hard to find a lot of information on some of these people. The new Mondos in my collection thread are the result of the 24x48 video that was mentioned here - they appealed to me both because of the images and their reference to some of my favorite films. I don't really care if they appreciate or not - I just like them, and the idea of supporting the artists. They're inexpensive, limited editions, and range from the conventional to the unconventional - lots of wildly different styles, yet themed for many of the films I like. Of course, I'm a bit late to the party again - some that really appeal to me are already sold out and on eBay for 4-5 times the original price. Tracie Ching's Kubrick series is a good example - but I hope to have those eventually.

That's what it should be about, in a nutshell, there, DB. Well said. Buy because you like something, and not as a potential investment. If it should increase in value, it's like an added perk, but not the sole reason for buying something you might not like, just because it might go up in value.


And its great to buy from lesser known or unknown artists. Some may spring to the head of the line and be the next best thing (hot) and then you have material that you love AND could appreciate in value, so it's like an unplanned win-win, should that happen.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: monocle on May 17, 2017, 12:37:40 PM
My standard for overpaying at auction is...

Life Expectancy ÷ Wife
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: Simes on May 17, 2017, 12:55:22 PM
Very good sir.

Nice to see you 'back'.
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: monocle on May 17, 2017, 01:05:44 PM
Many thanks. My back is my best feature... :)
Title: Re: APF Price Police: What is your standard for determining "overpaying" at auction?
Post by: erik1925 on September 04, 2018, 05:25:49 PM
My standard for overpaying at auction is...

Life Expectancy ÷ Wife


I think that's a smart formula to live by, Nick.

(Tho Nick hasnt been around in a while, so maybe he broke his own rule).  dontknow.gif GoOn.gif