I took a few notes while I was logged into the RIA auction today. It seems to me many of the paper items (e.g. posters/calendars) did very, very well.
Examples –
Lot 33 – UMC calendar – estimate: $3000-$4500 – hammered $11,000
Lot 35 – H&R calendar – estimate: $2250 – $3500 – hammered $9500
Lot 45 – Western Cartridge poster – estimate: $1500 – $2500 – hammered $11,000
Lot 54 – Peters calendar – estimate: $2000 – $3000 – hammered $7500
RickC said
Steve I can’t believe the Western Cartridge poster – estimate: $1500 – $2500, hammered $11,000. Like who’s paying 5-6 times over the estimate, plus fees.UMC calendar – estimate: $3000-$4500, hammered $11,000. Clarence are you collecting paper now?
Yes, with the buyer’s fee and sales tax adding close to 30%, think what these guys are paying at the end
I don’t want to start a political discussion, but I wonder, given the ever-growing anti-gun sentiment, if paper isn’t progressively viewed as a, “safer” investment.
The value of paper in some cases is out pacing guns in value appreciated.
In 2003 I bought a 1873 rifle belonging to a Cheyenne who fought at the Custer Battlefield. Two years later I found an original vintage toned gelatin silver print of the then chief, signed by the Montana photographer, Roland Reed. I bought the 17×13″ vintage 1913 7of33 print. Although he wasn’t holding my gun I bought it for one third of the cost of the gun from a reputable Arizona gallery. Today the print of the Indian holding a peace pipe is worth more than his gun.
Yes you can’t shoot it but it looks good on the wall next to the gun.
See The Winchester Collector magazine summer 2017 pages 46-49
T/R
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