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Wednesday, March 30, 2011

Today the Recession Ended for Map Collecting and my prices are going up NOW

The world's most honest, scholarly auction house did it again today.

Sothebys sold a pair of Albrecht Durer's star charts for 361,250 pounds today or about 582,000 dollars.  It was lot 16 at their sale today in London of Old Master Prints.  You can look it up and will read an excellent description.  It is a very cool map but this would have made $200,000 a year ago!!!

Finally the vast amount of money that has been created by governments all over the world is looking to acquire assets. 

The recession ended today - March 30, 2011.  Wild inflation is 6 months away. 

Borrow as much as you can because it will cost you 80% in purchasing power to pay it back in a year.  Here we go!

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