Elvis Collector's Plates - is the love affair all over?

[presley31]

EIN recently watched 30 listings of Elvis collector's plates on eBay. The club found that less than one quarter of the plates received a bid and sold. Of the 7 plates which did sell, 5 received only one bid and sold for an average price of US$12.95.

With most plates not receiving even one bid and the sale price (of those which did sell) being way under each plate's original release price, is this a sign fan's are no longer interested in what was once a burgeoning segment of the Elvis market?

Even the iconic Elvis at the Gates of Graceland plate, which has a book price around US$100.00 is selling on eBay for under $20.00! There are currently 9 copies of the plate listed on eBay with prices ranging from $9.99 to $100.00 (Buy It Now). Not one of the 9 listings has received a bid.
The Elvis collector's plate market really took off after Elvis' death. More than 200 plates have been catalogued with many, if not most, marketed as limited edition investments. Sadly, for those who did buy to invest, the reality is an unfortunate one. (News, Source: EIN)

[john carpenter]

No, i don't think the love affair is over. Elvis fans (Most) have everything including plates ect, I have noticed fans aren't scooping up memoriabillia like in the past. Maybe it's the economy? Attendance has went down at Graceland!:hmm:

[Diane]

I agree John, I think it's the economy too. Everyone is watching their spending as things have been so uncertain lately.

Diane

[presley31]

I don't have anything like collector's items and my plates are wolves, but if l was rich let me you l would own lot more than l own today which is a couple books and music and dvds from others fans.

[shelley.m.]

I,myself had collected the Bradford Elvis plates,when they first came out.I had mine on display in the basement.I had bought real nice,I guess you could have called them "racks" for the plates.You could have put 12 plates on these racks for "show." One day I was downstairs watching tv,when all of a sudden one of the displays came loose from the wall and fell! I was in total shock,because I couldn't believe after so many years of being on display,that the nails would let go from the wall and come crashing down.I lost about 5 Elvis plates.After that,I took down both racks and put my collectors plates away.They have never been back up since.

[Jungleroom76]

I agree that the economy is certainly a reason why Elvis collector plate sales are down....more and more people are being extra cautious with their discretionary spending! :'(

However...perhaps another reason for the slow down in collector plate sales is market saturation? It seems like every couple of weeks I am receiving information in the mail about the latest Elvis Presley collector plate from one of the many companies out there that produce these items. While I certainly enjoy looking at them and have to say that these companies are producing nice items, just how many plates can the market bear? Most Elvis fans have to make choices about what items to add to their collection, and they probably have to decide which plates to purchase. I am guessing that for whatever reason, fewer and fewer Elvis fans have the extra money to spend on every collector plate that is released. Perhaps slowing down on releasing so many plates would enable fans to spend their money on a few plates that come out, instead of having to pass up so many other ones. :hmm:

TCB!
Mike

[Getlo]

Love affair?

With these?!

;):blink:

[presley31]

IMO there are lots of plates that l would love to have on my walls.

[Diane]

I have a few, not many but there is a couple of sets I would love to have. The only problem I have with it is that I don't like my walls and house crowded with stuff. I don't keep much of my memorabilia on display because of it.

Diane