Will it stand the test of time? That is the ultimate question posed when judging the qualities of something in the art world, the music world or pop culture in general. About 30 years after punk rock hit us up side the head and stomped on our toes, a nostalgic craze in involving punk memorabilia is happening in music circles. And recently, Christie's auction house held a sale on everything punk for what seems to be an untapped market for the famous auctioneers. The younger crowd can better afford the prices for these items that mean something to them rather than some pop culture souvenir that has no meaning in their lives.  Oi Oi Oi

Punk Observation ©1991 Eric Hatheway  All Rights Reserved

But, the prices for what was being offered for sale at auction were anything but punk. For instance, a handwritten show flyer for a famous punk concert staged by The Clash, the Sex Pistols and the Buzzcocks in 1976 had an expected value of $3,000 to $4,000. A poster for a Sex Pistols concert was believed to be capable of pulling in a price ranging from $2,000 to $3,000. Future prices for punk memorabilia is expected to rise as the punk stuff available for sale becomes more scarce. And, according to Christie's, it is not the investment potential that is driving the sales of punk memorabilia but rather the nostalgia surrounding the items.  Oi Oi Oi