Collectibles Bull Market Exploding

Armstrong Economics Blog/Collectibles Re-Posted Jan 26, 2021 by Martin Armstrong

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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.

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Even a Sicilian dekadrachm off-centered estimated at $50,000 sold for almost $90,000.

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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.

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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.

The dramatic increases in prices being paid in the collectibles market are really turning some heads. At this point, it clearly appears that people are starting to dump the cash in anticipation of a digital currency coming this way and what the future will be now that Biden has also joined this “Build Back Better” movement. On his very first half day, he rejoined the United Nations which will only lead to rising unemployment as jobs will be deliberately destroyed and people will try to be retrained without success. They are deliberately creating what is being called the future “useless class” who will be permanently unemployable.