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  Market value for vintage NASA photographs

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Author Topic:   Market value for vintage NASA photographs
dieguico
New Member

Posts: 3
From: Spain
Registered: Mar 2015

posted 03-23-2015 03:08 AM     Click Here to See the Profile for dieguico   Click Here to Email dieguico     Edit/Delete Message   Reply w/Quote
Hi all! This is my very first post. I didn’t know collectSPACE, what a shame!

Last February 26th took place in London an auction on vintage NASA photographs. I wrote them the day after because I missed the auction, asking for some of the unsold lots. I am mainly interested in the AS11-40-5949 photograph, on "A Kodak Paper" (28x35 cm). They told me that the reserved price for that lot is £1200 (w/o taxes - 28.8%), i.e., around $2300. What do you think? It is a fair price?

Thank you in advance. Best!

Rick Mulheirn
Member

Posts: 4167
From: England
Registered: Feb 2001

posted 03-23-2015 04:17 AM     Click Here to See the Profile for Rick Mulheirn   Click Here to Email Rick Mulheirn     Edit/Delete Message   Reply w/Quote
Welcome to collectSPACE. It's good to have you onboard.

I may be opening a can of worms here but in my opinion, the prices vintage photos sell for is ludicrous! As a photographer I think paying that kind of money is ridiculous for an image with dubious archival qualities at best... particularly when a modern reproduction of infinitely superior quality is likely to be available for just a few dollars.

Seeing auction prices running in to the thousands reminds me of the children's story about the emperor's clothes. I keep thinking that any moment now, somebody will pipe up and say "what on earth are you doing?" and the rose tinted glasses will suddenly lift from everybody's eyes and the reality will set in.

For the price quoted for one print you could (just about) purchase two flown Apollo 14 embroidered patches for instance that have been to the moon and back. I know which I would rather have.

That said, each to their own and I respect other peoples' collecting nuances. I guess it is as much about owning a contemporaneous print as it is the image itself.

There is a demand for original Kodak prints and they have been achieving very high prices at auction of late, but even allowing for that $2300 for one print seems steep to me.

dieguico
New Member

Posts: 3
From: Spain
Registered: Mar 2015

posted 03-23-2015 05:08 AM     Click Here to See the Profile for dieguico   Click Here to Email dieguico     Edit/Delete Message   Reply w/Quote
Rick, thank your for your rapid and honest response.

Certainly the prices are high, just take a look at the auction's final prices.

Actually I was not looking for vintage pictures before I knew about the auction. That's why I couldn't say if the price was right or no. I don't know how many original and contemporaneous prints are of this Apollo XI pictures.

Again, I really appreciate your reply.

jtheoret
Member

Posts: 344
From: Albuquerque, NM USA
Registered: Jul 2003

posted 03-23-2015 09:26 AM     Click Here to See the Profile for jtheoret   Click Here to Email jtheoret     Edit/Delete Message   Reply w/Quote
Welcome. In my experience the prices of the auction you mentioned were ten times higher than they should have been. Take some time to review past posts on this site and review past auctions of the space memorabilia auction houses to get an idea of prices, like Superior, RR, and Lunar Legacies has an upcoming auction. A bit of research will save you money and be an invaluable education.

dieguico
New Member

Posts: 3
From: Spain
Registered: Mar 2015

posted 03-23-2015 10:28 AM     Click Here to See the Profile for dieguico   Click Here to Email dieguico     Edit/Delete Message   Reply w/Quote
Thank you. I'll follow all your recommendations. I'll keep an eye on upcoming auctions, this time with the homework done.

All times are CT (US)

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