Artist Quote by Zac Bissonnette
““The Bradford Exchange—a knockoff of [Joseph] Segel’s [Franklin Mint] business—created a murky secondary market for its collector plates, complete with advertisements featuring its “brokers” hovering over computers, tracking plate prices. To underscore the idea of these mass-produced tchotchkes as upmarket, sophisticated investments, the company deployed some of its most aggressive ads (which later led to lawsuits) in magazines like Kiplinger’s Personal Finance and Architectural Digest . A 1986 sales pitch offered “The Sound of Music,” the first plate in a new series from the Edwin M. Knowles China Company, at a price of $19.50. Yet the ad copy didn’t emphasize the plate itself. Rather, bold type introduced two so-called facts: “Fact: ‘Scarlett,’ the 1976 first issue in Edwin M. Knowles’ landmark series of collector’s plates inspired by the classic film Gone With the Wind, cost $21.60 when it was issued. It recently traded at $245.00—an increase of 1,040% in just seven years.” And “Fact: ‘The Sound of Music,’ the first issue in Knowles’ The Sound of Music series, inspired by the classic film of the same name, is now available for $19.50.” Later the ad advised that “it’s likely to increase in value.” Currently, those plates can be had on eBay for less than $5 each. In 1993 U.S. direct mail sales of collectibles totaled $1.7 billion””
About This Quote
The quote critiques how marketing can artificially inflate perceived value of mass‑produced collectibles, turning them into speculative investments that often fail to retain worth.
In simple terms: Ads can make cheap items seem like valuable investments, but they usually lose value.
Beware of hype that promises future price gains.
Themes
Mood
Type
When to use this quote
- buying collectibles
- investing in memorabilia
- advertising strategies
- consumer decision‑making
Key Concepts
Questions to Reflect On
- How do you differentiate genuine rarity from marketing hype?
- What safeguards can protect buyers from speculative traps?
The promised appreciation may not materialize, leading to buyer regret.