Armstrong Economics Blog/Collectibles Re-Posted Jan 26, 2021 by Martin Armstrong
The collectible market has been exploding. The first vintage issue of “Batman #1” recently sold for more than $2.2 million at auction, breaking the record for the highest amount ever paid for a Batman comic book. Even ancient Athenian Owls we were selling from a hoard that at $1,000 have been bringing $2,000-$2,750 +20% auction premium.
Even a Sicilian dekadrachm off-centered estimated at $50,000 sold for almost $90,000.
A Mark Antony and Octavia gold aureus, which had sold for 74,000 CH in 2008, sold at nearly $265,000 or a 256% increase.
Previously, the Brutus gold aureus Eid Mar, meaning he killed caesar on the Ides of March, which was estimated to bring $500,000, sold for $4.3 million.