Follow these four tips to successfully invest in concert posters
If you're looking for an alternative investment, have you considered concert posters?
This alternative investment genre is fast becoming more popular. Investors now recognise the artworks used for concerts in the 1960s and 1970s as an art form in its own right.
So whether you fancy building a collection of Jimi Hendrix poster concerts or Janis Joplin poster concerts, how can you go about doing it successfully?
Read on to find out…
How to invest in the best concert posters
Like many other forms of collectibles, there are some rules you must adhere to for successful collecting and investing in concert posters
Investing in concert posters rule #1: Hone in on the best quality
Look to buy the best examples you can get your hands on and can afford to buy. By doing this, you increase your chances of a poster increasing in value over the years and its resale value.
Another key aspect here is authenticity, Mike Storeim, the president of Classic Posters tell the Sovereign Society.
You need to ensure you’re buying an authentic concert poster and not a replica, so you’ll need some evidence backing this up. This will also help you when it comes to selling in the future.
Investing in concert posters rule #2: Buy investment grade
If you’re buying concert posters as a pure investment, ensure you only buy original first print posters. This means they were printed within months of the concert.
Reprints don’t carry the same investment worth as first print posters.
Investing in concert posters rule #3: Know what you’re buying
It makes sense to know as much as you can about the concert posters you want to buy. You can combine your love of music from the era with your collection.
Plus it makes sense to find the posters you buy aesthetically pleasing.
Investing in concert posters rule #4: Think long-term
Just like buying other collectibles, think long-term with your investments. Keep adding to your collection too.
By growing a collection of concert posters of a particular band, artist or venue, you can increase the overall value of your investment.
So there you have it. Four tips to help you invest successfully in concert posters.
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