Concert Posters - A Tale of a Poster Investor
use and enjoy. "Banking on the wall"was what I called it. I did that.Well, years have gone by, and I havenot regretted my decision. I loveposters, and like Uncle Scrooge in themoney bin, I love to look at my postersand to just know they are sitting there,waiting to be viewed, and appreciatingin value at the same time. Posters arenot what I would call a liquid asset, butthey are also outside of the stockmarket, which might be up today, butcould be down tomorrow. You neverknow. How many of us have watched aninvestment in stocks circling the drain?Not fun.
JUST WHAT ARE WISEINVESTMENTS?
What are wise investments? For one, Iconsider it wise to have posters, at leastsome, that you just plain like, whetherthey are currently appreciating andworth something or not. Who cares? Ihave some of this type and I like to havethem on the wall or at least I plan to getthem up there. In this case, I aminvesting in my own joy in theseparticular posters.Another way to invest, and the one Irecommend those of you who want tomake sure your investment does notreach the point of no return, is to investin posters that you like AND that aregenerally considered to have,historically speaking, appreciated invalue. It is a rule of thumb among posterinvestors that it is better to invest in afew high-value posters than in a lot oflower value ones. The rare, high-valueposters are just that, rare and alreadyhave real value. Unless someone turnsup a stash of hundreds of these (and ithappens!), your investment is prettysecure. You can look onClassicPosters.cm to see which postersare expensive and which are not. Youcan also seek out an expert and, for afee, have them help you pick out aportfolio to invest in.However, let me toss in a disclaimerhere. I am not an investment counselorand I am not recommending that you door do not invest your hard-earnedmoney in posters. What I am, issomeone who has invested his ownhard-earned money in posters, with noregrets, so far. I am telling you herewhat I understand it is that thecommunity of poster collectors, in fact,do.
GAMBLING ON THE UNDERVALUED
Another, and far more risky approach,but one that is also a lot of fun, is toinvest in the posters that areundervalued now, but which you think(in your infinite wisdom) will appreciatein value over time. And the reason couldbe that the poster is simply (to youreyes) too beautiful not to becomescarce, as more and more folks snapthem up for their living room walls. Youfeel you can spot good art. Can you?We shall see. And there also is the factthat you might be too sophisticated forthe market, which will be quite happywith something less subtle.Or, a poster could simply be rarebecause only a few were printed, ormuch of the printing was lost or hasbecome unavailable for one reason oranother. Here you are betting on thephysical rarity of the poster. Of course,this only really works if that poster ispart of a set, a venue, includes aparticular popular band, or what haveyou? There are legions of posters thathave been simply forgotten, regardlessof how rare or not they happen to be.