Market for advertising is 'on fire'
‘I’m flabbergasted’ says long-time collector
Whether it’s due to COVID craziness, television shows featuring memorabilia, or simply a deepening feeling of nostalgia, the market for advertising is hot, hot, hot.
“I’m just shocked at some of the prices things are bringing now,” says Bev Ward, who’s been collecting general store advertising for close to 50 years. “I’m flabbergasted.”
Miller & Miller’s May 15th Canadiana & Petroliana auction was a case in point. Fully 66 per cent of the lots met or exceeded their estimates, while almost a third surpassed the high-end estimate. A Canadian Bennett 541 Supertest gas pump from the 1940s, for example, stormed past its estimate of $4,000 to $6,000 to command $20,060, while two Supertest Service Station double-sided porcelain hanging signs (from ‘Canada’s All Canadian Company’) sold for a combined $41,300.
The one-day sale was headlined by Bill McNevan’s petroliana collection, but also featured automobilia, general advertising and soda advertising, and it grossed over $340,000.
Predictably, interest in Miller & Miller’s upcoming June 19th General Store Advertising auction on June 19th is already generating widespread interest and speculation.
So what’s the attraction with advertising?
“You can ask 10 different people and get 10 different answers,” says Bev, “but I do think the childhood connection is the driving force – it triggers a childhood memory.” She also believes the draw can sometimes be attributed to a geographical connection (where someone grew up or lived), or be a link to the collector’s occupation (insurance or automotive-related, for example). “I don’t know of anyone who collects Canadian advertising just to profit from it,” she adds.
Regardless of motivation, the advertising market is beyond robust these days. “Good porcelain and tin litho signs are off the charts,” says Ethan Miller, co-owner of Miller & Miller Auctions, which has earned a reputation for being one of the top auction houses for high-end advertising collections. “Many long-time collectors called me after the May 15th sale in bewilderment.”
Bev, who Ethan considers “one of Canada’s foremost collectors of advertising”, believes the factors that make a great piece of advertising are rarity, subject, age, condition and the graphics featured. “The pretty ladies always sell,” she says, adding that factory scenes showcasing the product, or children and animals included in the advertising scene, also interest collectors. Condition is always a major factor, she adds, and while wear and tear might not deter decorators, it usually deters serious collectors. “Pieces that are in great condition tend to be in collections, but those collections are coming out now,” she notes, adding that generally speaking, older pieces are more desirable, but some newer advertising is also commanding surprising prices these days.
Ethan agrees that age does not equate to higher value in every case. Soda pop advertising from the 1960s, for example, has come on very strong, he says. (And an earlier Canadian Orange Crush steel and wood store soda cooler from the 1920s, brought over $7,500 at the recent auction.) There’s also strong interest in breweriana, general store advertising and tobacco advertising. But these days petroliana is king. “Gas has never been as big as it is now,” says Bev.
In many cases, Canadian collectors prefer Canadian-made over American-made advertising because, for one thing, there’s less of it. The strength of the U.S. dollar continues to give American buyers an advantage, which also boosts the competition. “We lost a lot of good Canadian advertising to the U.S.,” notes Bev, adding, “my husband and I would often find a good Canadian piece in the U.S. because of it.”
Ethan points out that at the turn of the 20th century, Canadian companies such as MacDonald Mfg. Co. Limited (Toronto) and the Thos. Davidson Mfg. Co. (Montreal) produced remarkable advertising that both Canadian and American collectors fight over. A case in point is the rare ‘Black Cat Shoe Polish’ tin lithograph advertising clock featured in Miller & Miller’s June 19th Sale. Produced by MacDonald Mfg. Co, it is considered as one of the most significant pieces of Canadian advertising ever made.
And not to be overlooked in the grand scheme is advertising’s visual impact – the artistic element. “The art side of a piece has always been and will always be really important,” Ethan emphasizes.
By Diane Sewell
Diane Sewell has been a writer for over 25 years, producing stories for some of the country’s top newspapers, consumer magazines and websites, as well as client newsletters and commissioned books.
Auction Details:
Advertising
June 19, 2021
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