OT - Heritage John Wayne prices are steep

kimber45ACP

live now.

I associate all prices in "coins I could buy"

COALPORTER

id like to let the "march on wall street" guys know about this.

MsMorrisine

not his best work

The resident coin painter here does better, imo.

ThePennyLady

I am a huge John Wayne fan so I obtained a copy of the Heritage catalog. I also planned on attending the auction viewing and special reception on Monday where John Wayne's son was the guest speaker but I couldn't make it. There are tons of wonderful John Wayne memorabilia being offered, with some great historical items as well. I went ahead and placed some very strong bids online that were well over the "estimated value" and was surprised to see that within 24 hours was I outbid on each item. So I definitely think when this auction concludes, we will see some huge prices realized.

7Jaguars

Post some more craziness!
What did his hats and all go for?

fc

Excellent timing for the auction since many many Wayne fans are at the height
of their expendable net worth.

I wonder if in 20 years when many people have passed away who fondly remember
Wayne.. will the majority of the material hold it's value?

Because lets admit it.. not many 20 somethings even know who he is in my opinion.

CoinJunkie

I looked through the catalog when it arrived in the mail. The item that intrigued me most was his final
Driver's License. Estimate was $1,000, as I recall. My reaction to that was: "not bloody likely". I haven't
checked on the hammer yet.

Edit: Estimate was $1000-1500. Hammered for $89,625 all in!

ThePennyLady

One of the things I bid on was a First Edition of "The Searchers" book from John Wayne's personal library and was the book that Wayne read before taking on his classic role. It had an estimated value of $500-$700 and it hammered for almost $6,000!

kranky

<< <i>I looked through the catalog when it arrived in the mail. The item that intrigued me most was his final
Driver's License. Estimate was $1,000, as I recall. My reaction to that was: "not bloody likely". I haven't
checked on the hammer yet.

Edit: Estimate was $1000-1500. Hammered for $89,625 all in! >>



Oh, my.

Batman23

I liked the passport myself. I saw the estimate of $1000-$1500 and thought I would pay that. I put in a bid which didn't last long. It sold for $16,730

7Jaguars

That is crazy for the driver's license! I wouldn't have given $5 for it. Who cares?
I agree in 20 years these are going to have crashed...
How much did his hats go for though?

shorecoll

Yeah, it's crazy but you can saunter into a bar and when they ask "Who do you think you are...John Wayne?", you can say well Pilgrim...that's exactly who I am! and pull that out.

Edit to add: Saunter/Swagger or whatever that walk is.

Bankerbob56

<< <i>That is crazy for the driver's license! I wouldn't have given $5 for it. Who cares?
I agree in 20 years these are going to have crashed...
How much did his hats go for though? >>





These types of things won't mean anything to very many people in a few years.

COALPORTER

<< <i>I looked through the catalog when it arrived in the mail. The item that intrigued me most was his final
Driver's License. Estimate was $1,000, as I recall. My reaction to that was: "not bloody likely". I haven't
checked on the hammer yet.

Edit: Estimate was $1000-1500. Hammered for $89,625 all in! >>



That is interesting. I almost thought about buying it for $1000. His final California license was the same year as my first Cal license and
his photo looked almost as bad. On thing equal about California is even celebs get a crummy license photo.
I thought it was on of the more interesting and worthwhile items in the auction. Imagine someone showning up
to Pawn Stars with an original JW drivers license! way cool.....

ThePennyLady

Oh you youngins! John Wayne is an icon and always will be - you think in 20 years people will be asking who Marilyn Monroe was?

messydesk

<< <i>I looked through the catalog when it arrived in the mail. The item that intrigued me most was his final
Driver's License. Estimate was $1,000, as I recall. My reaction to that was: "not bloody likely". I haven't
checked on the hammer yet.

Edit: Estimate was $1000-1500. Hammered for $89,625 all in! >>


Holy Crap!™

TheCoinGeezer

<< <i>Excellent timing for the auction since many many Wayne fans are at the height
of their expendable net worth.

I wonder if in 20 years when many people have passed away who fondly remember
Wayne.. will the majority of the material hold it's value?

Because lets admit it.. not many 20 somethings even know who he is in my opinion. >>


Even if that was the case, which I think not, when those 20 somethings get older and become more sophisticated movie fans, they will come to see the Duke as the iconic star that he is.
Yes, the Duke made many bad pictures, esp. his very early westerns and "The Green Berets" but his work in "Stagecoach" and other John Ford westerns and his WWII movies are classics of the genre and will always be appreciated.

mrearlygold

anything but the dollar

RB1026

<< <i>Oh you youngins! John Wayne is an icon and always will be - you think in 20 years people will be asking who Marilyn Monroe was? >>



I agree 100%. My kids (9 & 14) know lots about him because he is my favorite actor and we have watched and own dozens of his films. My son was reciting lines from "McLintock!" in 2nd grade (true) LOL!! I would have enjoyed owning a piece from this auction but alas these treasures went to those with deeper pockets than I. Congratulations to all of the winners.

Nysoto

I usually don't keep Heritage catalogs or promotional items, but the John Wayne publication from Heritage was very well done, actually had it on the coffee table for a while, its a keeper. My 11 year old daughter was into riding horses and wanted to see a John Wayne movie, so I got her True Grit, she loved it!

7Jaguars

I have a job where I see many people, young, old, black, white, spanish and most of them DO NOT even know who JW is (or was)....

CoinJunkie

<< <i>I have a job where I see many people, young, old, black, white, spanish and most of them DO NOT even know who JW is (or was).... >>


Doesn't matter. The man was immortalized on celluloid. To imagine that his personal effects will eventually be
worthless is silly. BTW, I enjoyed several of his movies but am not speaking as a die hard fan.

swhuck

Some of us around here were watching the auction on Heritage Live as it happened. Our jaws were as much on the floor as everyone else's at some of the prices. Needless to say, we were thrilled with the results.

ColonialCoinUnion

<< <i>OT - Heritage John Wayne prices are steep >>



Compared to what?

badger

I liked the diving helmut but when it went pass expected I lost interest.

fc

<< <i>

<< <i>I have a job where I see many people, young, old, black, white, spanish and most of them DO NOT even know who JW is (or was).... >>



Doesn't matter. The man was immortalized on celluloid. To imagine that his personal effects will eventually be
worthless is silly. BTW, I enjoyed several of his movies but am not speaking as a die hard fan. >>



Who said worthless? Everything has a price. I was wondering if this was the
peak. You really think that Green Beret hat will sell again for more? (inflation
though.. one never knows).

Do you know who Tom Mix is? I would guess maybe one or two people here
know of him. He made over 300 films up until the 1930s. He basically helped
define the role of what a western cowboy actor was. He was huge!

Yet he is basically forgotten except by hard core movie buffs and what not.

"Included in the grouping was Mix’s historic presentation Colt Army revolver,
a Winchester model 1894 rifle, 10-gallon Stetson, presentation gold police
inspector badge, Crockett spurs, a Winchester belonging to wife Ruth, a holster,
and Mix’s documenting letters. Expected to sell for $20,000-$25,000, the grouping brought $39,375."

So by the time 2030-2040 rolls around I would expect Wayne to be almost as
forgotten. Not many people watch movies from the 1920s and 30s right now...
and it could very well be the same way a couple of decades from now with most
movies from the 40s and 50s.

And this is coming from a person who has watched all of Wayne's movies... I
am just not sure he is the iconic actor of his time like Chaplin was for the 20s.
Psst. can you even name more then 3 actors from the 20s? Somehow I doubt
it without googling ;-)

philographer

<< <i>Oh you youngins! John Wayne is an icon and always will be - you think in 20 years people will be asking who Marilyn Monroe was? >>



I spent my youth collecting autographs and manuscripts. I wrote to astronauts, Nobel laureates, baseball greats, statesmen (and women), actors and actresses--current (then) and long retired, authors, etc. The one thing I can tell you is that fame is fleeting. The people you think are famous, who are icons...they will always be icons to you. But they are not icons to the next generation. In the 1980's the stars of the 30's were iconic. Now we are into the stars of the 1950's. But in the end, save one or two, they all go the way of Tallulah Bankhead, Nelson Eddy, Buster Keaton, Sarah Bernhardt...historical and cultural footnotes.

The spending on John Wayne items...it may be fun, but it is money that will never be recouped...

Edward

pf70collector

All the wallstreet bonuses have to go somewhere.

yellowkid

I had the pleasure of meeting Duke when he was filming in Hawaii in the 60's, I could care less about having one of his prescription bottles

7Jaguars

Yea, don't we all want the 2000's version of JW bottles (Michael Jackson)?

CoinJunkie

<< <i>

<< <i>

<< <i>I have a job where I see many people, young, old, black, white, spanish and most of them DO NOT even know who JW is (or was).... >>



Doesn't matter. The man was immortalized on celluloid. To imagine that his personal effects will eventually be
worthless is silly. BTW, I enjoyed several of his movies but am not speaking as a die hard fan. >>



Who said worthless? Everything has a price. I was wondering if this was the
peak. You really think that Green Beret hat will sell again for more? (inflation
though.. one never knows).

Do you know who Tom Mix is? I would guess maybe one or two people here
know of him. He made over 300 films up until the 1930s. He basically helped
define the role of what a western cowboy actor was. He was huge!

Yet he is basically forgotten except by hard core movie buffs and what not.

"Included in the grouping was Mix’s historic presentation Colt Army revolver,
a Winchester model 1894 rifle, 10-gallon Stetson, presentation gold police
inspector badge, Crockett spurs, a Winchester belonging to wife Ruth, a holster,
and Mix’s documenting letters. Expected to sell for $20,000-$25,000, the grouping brought $39,375."

So by the time 2030-2040 rolls around I would expect Wayne to be almost as
forgotten. Not many people watch movies from the 1920s and 30s right now...
and it could very well be the same way a couple of decades from now with most
movies from the 40s and 50s.

And this is coming from a person who has watched all of Wayne's movies... I
am just not sure he is the iconic actor of his time like Chaplin was for the 20s.
Psst. can you even name more then 3 actors from the 20s? Somehow I doubt
it without googling ;-) >>


I could name quite a few actors from the 20s and 30s, but that is beside the point.
As is the fact that I'm positive more people under the age of 25 know who John
Wayne was than could tell you with certainty whether the US ever minted half dimes.
Does that latter fact mean that coins are doomed as an investment? No, because
the expertise/recognition of the general public doesn't set prices for collectibles.
Interested collectors do.

The future price trends for John Wayne's estate items cannot be known with
certainty. People who have no real interest in such items probably tend to be
overly pessimistic in their assessments. Remember that each of these items
are unique. You're not looking at populations, as with coins. Given that, it
doesn't take many interested parties to keep prices high.

Justlooking

John Wayne was (and is) an icon, but that's the danger of collecting items associated with movies and movie stars — tastes change, and the public forgets. It's a good bet the stuff will still have value in your lifetime, so if that's what you love to collect, go for it. But how many people can name even five silent movie stars?