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Mike McCandless

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Posts posted by Mike McCandless

  1. On 3/15/2024 at 8:33 PM, RetroPetro said:

    Nice garage display item but not an authentic Texaco item. Base is an unmarked "fantasy" item.

    This is correct. This sign was only made in a 42" size, not a lollipop. Base is fantasy as well. This was meant to be a copy of what they call the Texaco Black-T. If you compare it to the 42's, color is off, font is off, etc. Font is usually the first thing to look at when uncertain. Modern fonts are just different. It's hard to explain sometimes, but once you "see" it, you know it. 

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  2. On 9/3/2023 at 6:29 PM, Robert G. Smits said:

    Mike how do you account for the influx of high quality advertising seen at multiple auctions including yours over the last few years?  Are collectors dying off or deciding to cash in while prices are high or a little of both?  In my case the wife keeps telling me it is time to start liquidating because she doesn't want to have to do it.  It is hard to accept that one is nearing the end of the line although my grandfather lived to 101 and both parents passed in their 90's.

     

    Everything is relative. I don't think there is as much of an influx as people think. These items had to come from somewhere. We continually see young collectors as buyers. They may often be a flipper, as they have private buyers they represent and do logistics for, but still, they're in the hobby. Our average buyer is younger than most would think. We spend every day trying to bring the best pieces to market. I feel comfortable in saying we bring the absolute best and highest condition items to market. Mecum sold more cars in their January auction, then we will sell total pieces for 2023. The believe the sign market to be in its infancy. When you compare it to the size of the collectible car market, it's a rounding error. Mecum sold more in dollar volume in 1 auction in one auction than the entire sign market will do this year. 

     

    It's not uncommon for people with large collections, who are downsizing their life, to sell off and then repurchase fewer items, but higher quality ones. Kids leave the house, no reason for the big place, but they still love their collectibles. 

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