For those who fear the demise of the collectibles market may be near...

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#11

02-24-2010, 05:19 PM

tinkereversandme tinkereversandme is offline

Lar.ry Mur.phy

Join Date: May 2009

Posts: 139

That is simply insane to wonder what goes on in the heads of the wealthy. It isn't like Paris Hilton who buys her dogs a $100,000 dog house or some billionaire like Paul Allen owning a $300 million dollar boat or even someone a hip hop artist riding around in a $500,000 car, this piece will appreciate in time and he will be able to sell it in ten years for maybe $1.5 million. Hence, investment. And $1 million is chump change compared to what paintings go for...To come on a collecting Forum and call out a collector of another form of collectible (which you may not like), doesn't make sense to me.

Regards,
Larry

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