Buyers Much Pickier in Today's Collectibles Markets
Danielle Arnet
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Bob Dylan's Handwritten Lyrics
Bob Dylan's handwritten lyrics for the song that became 'It Ain't Me Babe' sold for $24,000 recently in a Gotta Have It! Internet auction.
Q: In 1974, I bought an original final draft, signed by
Q: I have a
Q: Wondering about several framed documents, including a 1785 travel expense summary for a
Q: Are my 1922 German bonds worth anything, or should I toss them?
A: I wonder if today's writers have seriously thought about the law of supply and demand as it relates to their items.
In simplest terms, the idea is that in a competitive market, the price for any item will vary according to relationship between the quantity wanted by consumers and the quantity available. Shifts in the market can affect the classic curve.
And, boy, has the market shifted! Today's smart collector will not buy unless a.) they absolutely relate to the item, and/or b.) they are convinced they're buying the very best they can afford.
The Dylan lyrics illustrating this column are a perfect example of what fuels demand. First, they were handwritten by an iconic artist (direct attribution). Plus, the lyrics relate to a song forever linked to Dylan. And, above all, the artist is significant to today's buyer (relationship).
To sell smart, first narrow down the target buyer. Take a cold, objective look at the item and ask, who will want this particular document, or script or bond or autograph, and why? What makes it an in-demand item, or does it fall short? Dig out the strong points. Then be brutally objective about flaws such as condition or lack of demand.
Demand on the first query relates to television history. I'd shop the draft to auction houses that sell
If the
The historic documents need to be seen to determine authenticity and condition. A credentialed appraiser is needed to set value. Yes, that costs. If the aim is to sell, I'd shop them to auction houses that have books and manuscripts sales. They will know value.
The German bonds from 1922 are in the category of philatelics. For basic info, look on
ROADSHOW: Key www.pbs.org/roadshow to learn where
CALENDARS FOR 2011: Indulge a passion for collecting throughout the coming year with wall calendars from Universe. "Chairs" features 36 icons from the
AUCTION ACTION: Handwritten with thick black pencil on paper by Bob Dylan, the draft lyrics for the song that became "It Ain't Me Babe" brought
COLLECTOR QUIZ
QUESTION: Can you match the costume jewelry materials with eras in which they were popular?
1. Carved wood
2. Plastic beads
3. Plated silver settings
4. Frosted Lucite
a. 1960s
b. Early 1960s
c. 1940s
d. 1930s-40s
ANSWERS: 1-d, 2-b, 3-c, 4-a. Source: "Classic American Costume Jewelry," Vol. 2, by
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There's a Difference Between What Seller Asks and Seller Gets
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(c) 2010 Danielle Arnet
