Lately, on eBay, I've noticed a lot of vintage embossed signs going for way less than they used to. Some 24x24 warning signs are selling as low as $40.
Is the value of vintage signs dropping overall? If so, could it be because boomers that like these for nostalgic reasons are dying or just at the age where they don't want to or cant afford to buy signs anymore? Does it have to do with the overall drop in business on eBay? Is this overall drop because eBay has been around long enough that collectors have already bought everything that they want?
I haven't noticed a drop at all aside from people asking over the top insane prices. If anything the market on the vintage embossed signage has been static while modern signs are seeing an increase...which I don't get. Either way, I won't often over pay for a sign unless it's rare and has some sort of nostalgia factor for me.
Don't confuse "value" with what sellers were offering. Just because a sign is offered for $1,000 doesn't make that their value. Maybe sellers weren't getting any buyers whatsoever, and have reduced their price to something more reasonable.
Quote from: jeffandnicole on December 20, 2019, 06:23:03 AM
Don't confuse "value" with what sellers were offering. Just because a sign is offered for $1,000 doesn't make that their value. Maybe sellers weren't getting any buyers whatsoever, and have reduced their price to something more reasonable.
Just because somebody is asking a certain price doesn't mean that's the price the item will ultimately sell for. Rick Harrison -
Pawn Stars
Quote from: roadman on December 20, 2019, 09:38:58 AM
Quote from: jeffandnicole on December 20, 2019, 06:23:03 AM
Don't confuse "value" with what sellers were offering. Just because a sign is offered for $1,000 doesn't make that their value. Maybe sellers weren't getting any buyers whatsoever, and have reduced their price to something more reasonable.
Just because somebody is asking a certain price doesn't mean that's the price the item will ultimately sell for. Rick Harrison - Pawn Stars
Like this guy who thinks he's selling an SRT Dodge Challenger and not a new Nintendo Switch:
https://www.ebay.com/itm/Vintage-Porcelain-Sign-50s-era-PCH-California-Pacific-Coast-Highway-1-Hwy-1/283459284769?_trkparms=aid%3D111001%26algo%3DREC.SEED%26ao%3D1%26asc%3D20160908105057%26meid%3D9ad3418025ff40788c05528da42e1141%26pid%3D100675%26rk%3D2%26rkt%3D13%26sd%3D352539213463%26itm%3D283459284769%26pmt%3D1%26noa%3D1%26pg%3D2380057&_trksid=p2380057.c100675.m4236&_trkparms=pageci%3A2a83de17-2337-11ea-ae13-74dbd18033e7%7Cparentrq%3A23c3f79516f0abc19bf7cc99ffc72a7c%7Ciid%3A1
It's a good reminder to buy signs because you like them, not as investments. Like any other collectable.
There's probably a lot of "casuals" that just had them hanging in their garage, den or in a vintage gas station display passing away. It doesn't necessarily mean that sign collectors are quitting.