Final Auction Price
*Final prices include buyers premium
$420.00
Starting bid: $1.00
This lot is tied for the FINEST CGC graded example we have ever handled of this issue. The Velvet Underground at the Avalon in 1968! Incredible band incredible poster incredible PERFECT museum quality condition! In every collectibles market there are collectors where only the very BEST will do.
The experienced collectors we talk to are 100% convinced that posters that have somehow miraculously earned a 10.0 grade from CGC are exceedingly undervalued at current market levels. Their reasoning is simple but firmly grounded in reality. In every other certified collectibles marketplace it’s COMMONPLACE for the absolute “Best of the Best” to command premiums of 10x 20x or even 50x the next grade down. These types of premiums are universal and longstanding in regards to the values of rare coins comic books baseball cards paper money postage stamps etc.
Because independent authentication and grading of concert posters is still in it’s early days premiums have not yet approached these types of levels. But make no mistake premiums ARE growing as collectors from other fields are flowing into the marketplace and snapping up what they consider to be MASSIVE bargains. We first discussed this opportunity in our blog dated 8/19/16 and recently updated it on 6/18/18. We highly recommend you read each blog carefully if you are interested in participating in this exciting segment of the marketplace! In June 2018 a slightly lower 9.9 graded example reached a high water mark of $431 in our auction.
Poster – Velvet Underground
Catalog #FD-142
Grade – CGC 10!!!
Bands/Bill – Velvet Underground Charley Musselwhite Initial Shock
Venue – Avalon Ballroom
City – San Francisco CA
Date – 10/18-20/68
Dimensions – 13 7/8 X 19 15/16"
Printing – OP-1 Original Pre-Concert First Printing
Series/Promoter – Family Dog
Artist – Wes Wilson Bellmer Wright
Condition Details - The ultra rare 10.0 grade says more than words. Staggering eye appeal and quality!
*****This poster is available for inspection at our gallery by appointment. *****
* A 20% Buyers Premium will be added to the final hammer price of this lot.*
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