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#19467 Fri Feb 29 2008 11:36 AM
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WOW, just watching the Peotone auction online.

The Harbor Petroleum Porcelain sign just sold for $52,500 to someone onsite.

Is that a record for this sign?


Always looking for Ithaca Gun and Lucky Sam soda items!!!


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#19468 Fri Feb 29 2008 02:39 PM
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WOW- I can't remember what the one sold for last year but I thought it was in the 20's and before that the high was in the low teens. WOW, WOW, WOW!

------------------
Scott Wright-
http://www.frontrangegas.com/powerine.htm


Scott Wright
#19469 Fri Feb 29 2008 03:36 PM
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Scott ,If I remember right it sold for around 25,000


Chris Holt
#19470 Fri Feb 29 2008 04:47 PM
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They walk among us...

#19471 Fri Feb 29 2008 05:05 PM
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Yeah is was right around 25K. It made some news in some antique publications.

This should make some news as well.

Anyone know how many of these may exist?


Always looking for Ithaca Gun and Lucky Sam soda items!!!


#19472 Fri Feb 29 2008 08:01 PM
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Whoever bought it was on the phone, so technically they were absentee, which means 15% B.P. There were two floor bidders driving the phone guy, but they quit at $52500. When figuring premium, that means he paid 60 G's!!

#19473 Fri Feb 29 2008 08:05 PM
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60G's Good Lord.

Anyone know of any other porecelain signs bringing this kind of scratch?

I guess they are worth whatever someone wants to pay for one.


Always looking for Ithaca Gun and Lucky Sam soda items!!!


#19474 Fri Feb 29 2008 08:06 PM
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I think it was Dick Bennett.

All that great can work must have paid off


Always looking for Ithaca Gun and Lucky Sam soda items!!!


#19475 Fri Feb 29 2008 08:43 PM
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Part of me is jealous but part of me is saying this was a stupid move from someone with way too much money. These signs weren't worth the $25,000 paid last year and certainly not twice that price today. All this does it put anything worth owning out of our grasp. Too much money and too little brains
Ray

#19476 Fri Feb 29 2008 09:26 PM
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Is this the same sign that sold over in Edardsville, Illinois last spring for about $25,000? I was there when it sold.

Jack Sim


Author, 1st & 2nd editions of Gas Pump ID book, 3rd edition is now available at www.gaspumpbible.com
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#19477 Fri Feb 29 2008 09:58 PM
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Must have a HECK OF A TRUST FUND, or his wife is running for President !

#19478 Sat Mar 01 2008 04:58 AM
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Nah, All the signs point to a republican Dick !


#19479 Sat Mar 01 2008 06:11 AM
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That makes me want to puke.
This hobby was a lot more fun before the "deep pocket" guys ran all the prices up.
Now every "civilian" who has a computer thinks a visible is worth 25 grand no matter what model.
I am still baffled at the lemmings that follow their lead and now value a peice at the cost someone with lots of expendable income will throw at it at auction.

With all the high prices comes the fakes and now everything is suspect. Doesen't being suspiciouse of a peice kinda take the fun out? Repro-ok, fake-bad

There is nothing like the feeling you get finding a box of signs under a bulk plant building....at least you know they are real and someone is not going to bid against you for them either........old school, G !


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#19480 Sat Mar 01 2008 06:20 AM
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be careful at the bulk plants, with all the foreigners buying up all the gas stations and mini-marts, what's to stop "wholesalecandyshop" and all the other slimy guys overseas reproducing the signs, to buy a used bulk plant and load it with signs in the rafters


"Remember, history that is forgotten is doomed to repeat itself!"
#19481 Sat Mar 01 2008 06:34 AM
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Not at all saying that this sign was "worth" $60K, BUT it was an absolutely pristine example AND there were multiple on-site bidders driving the action. There were 3-4 guys on phones bidding. Bottom-line is, there is beginning to be a BIG divergence in the prices for stuff that is 'rare' & 'clean' and those 'common' & 'rough'. I know that has always been the case, but with the economy in the shape that it is in, I am beginning to see the lowest-end items basically falling off the table and the higher-end items going ASTRONOMICAL! There are many explanations for it, but the one I'm hearing most often is that the smaller budgets are being squeezed to the point that most guys are over-paying for ONE pristine rare sign than buying big quantities of everything. I believe this is healthy for our hobby/business because a few years ago, even a Dino globe or "insert any common pump/globe/sign" would bring 2 or 3 times what it should. Now, an entry-level collector can come in and get some deals. Also the mid-level stuff seems to be pulling back a little. Case in point: I noticed some globes that had come thru my sale 3-4 years ago. I don't mean same kind, I mean THE EXACT GLOBES. I bought a few of them back yesterday at Dan's sale for 1/2 what they sold for in Guthrie in 2002-2003. They were what I'd call $1500 globes and I bought them for less than 1/2 that, yet had sold them for between $2000-$3000. It's for sure an odd time in ANY business but I really believe things are re-adjusting for the better.

The Harbor is an anomaly that occurs when you have THE PREMIER EXAMPLE of a good rare item. The word is the sign ended up going to Louisiana and not to the coasts as most would suspect.

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