Collectors and The Secondary Market
During the 1970s, a new appreciation for Art Deco designs from the 1920s and 1930s flourished. Along with this, the baby boomers were establishing their own households. They made Fiesta popular once again. Almost immediately after Fiesta was discontinued in January 1973, collectors began buying heavily in second-hand shops and the newly popular Garage Sales. Due to the enormous popularity of Fiesta in the secondary market, its prices skyrocketed. By the end of the 1970s and into the 1980s, Fiesta items once costing pennies were commanding nearly a hundred U.S. dollars for scarcer items. By the mid-1980s, prices had climbed higher. Certain pieces and colors were being traded for hundreds of dollars.
Read more about this topic: Fiesta (dinnerware)
Famous quotes containing the words secondary and/or market:
“Words are always getting conventionalized to some secondary meaning. It is one of the works of poetry to take the truants in custody and bring them back to their right senses.”
—William Butler Yeats (18651939)
“To market tis our destiny to go.”
—Robert Frost (18741963)