The results from Christie's Punk/Rock auction are in, and for the most part were underwhelming. Some items met or exceeded their estimated prices, but many fell below. It didn't surprise me as I thought a lot of their estimates were high when I received the catalog a few weeks ago. That's not to say it doesn't have me pondering the possibility of selling some of the crap I've accumulated over the years.
Here are a few observations after many years seeing this stuff around, or not, owning & selling some of it myself.
Underpriced - Buzzcocks single promo poster ($188):
Overpriced - Smiths first album promo poster ($563):
Probably about right - Clash Bond's poster ($2750, offered in lot with a few others. These originally sold for $5 at the Bond's concerts!):
Definitely overpriced - Clash Sandinista promo poster ($1063, offered in lot with a few others):
Underpriced - Clash second album (in US) promo poster ($875, offered in lot with others)
Here's a story from today's NY Times about it.