Also in this playlist...
This transcript is automatically generated
Headlines so as we watch stocks fall today he might be looking or thinking and cut an alternative investment perhaps something they can really Iraq in overall literally bring music to your ears and wallet.
Hearing -- is the CEO and president of Jillian auction house and we're pleased to have him join us welcome Billy into.
Tired thank you very much are right so why investing in -- rock.
Relics the ones that you're about to put on auction be a good protective were alternative type investment against from the volatility that we're seeing as we speak -- market.
Yeah well it's really good to diversify your portfolio and western pop culture is actually.
Very popular in other countries especially Asia so it's increasing and in value in many of these items continue to have to raise in value over the years to come especially rock and roll memorabilia.
Now Darren I've got they guess basically catalog.
All of the auction that's coming up here on the 26 happen it is -- rock legends and then did the cap -- holding up here is is for us slash the guitarist for Guns 'N Roses.
Half of this thing it's like a Sears catalog is stuff that slash owns some of -- wicker furniture and whatnot.
Is there -- slash premium on wicker furniture.
He had -- in most of the items you know that bring up higher value -- -- pieces.
But household goods you do sometimes see a premium and it's really a way for the celebrity.
To do it it's a glorified garage sale he had in this case -- donated a lot of the funds to the Los Angeles -- network.
Such a way to clean out the garage.
And you don't benefit some good charities.
So look -- items are getting the most buzz Julian and how -- bidders that your expecting.
-- perhaps then some of the bidders that might come meaning.
-- it's fine art auction ends -- You know big for the items of proving icons in the past.
-- was a lot of the art that people that collect fine art you know Monet's in -- actually clocked.
Rock and roll Hollywood memorabilia.
And you know it's really becoming a trend like I said overseas especially in Asia that's what we do a lot of exhibitions and auctions in China and Japan.
But some of the pieces that are getting the most attention I -- here this is the -- that what slash war.
At the halftime Super Bowl performance.
He just gave it to us right after his performance and it's really a great piece we estimated around four -- 6000 dollars but slash is never sold a top -- before.
And because it's from the Super Bowl halftime performance.
We anticipate -- -- somewhere between twenty to 40000 dollars.
Darren you've got the usual characters.
In this auction The Rolling Stones and Beatles.
Elvis is there anybody that kind of surprises you that there isn't really carries a high value that maybe you wouldn't suspect.
You know it.
It it it doesn't really very too much it's -- the people have staying power you know people like Madonna.
Michael Jackson Elvis Presley Marilyn Monroe you know but once in awhile you'll see an item of Britney Spears -- -- -- like a Lindsay Lohan something might sell for high value.
But it's it's inconsistent at that level whereas you know people that are really proven themselves and we know they're going to be around for many years to come they're solid investments.
So can you put your finger on.
How much he's items say slash is concert Super Bowl hat for instance is -- guaranteed appreciation value on that.
There's not and all depends of upon -- future but he's a good investment because you know he's going to be.
Always be known as one of the greatest guitarists of all times.
And like Marilyn Monroe for example -- Christie's did -- if states don't 1999.
Many of the items of -- You know from her career especially.
Has it increase in value 1020 times so you know it it's definitely something that you want to.
You know by and especially in an auction like cars there's going to be -- so many items there's going to be some deals.
But it's it's best hang it on your wall.
It's a good conversation piece and hold onto it for five or ten years.
All right Darren Darren Gillian thanks so much.
My pleasure thanks for.
Filter by section