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:
“The prime purpose of being four is to enjoy being four—of secondary importance is to prepare for being five.”
—Jim Trelease (20th century)
“To throw obstacles in the way of a complete education is like putting out the eyes; to deny the rights of property is like cutting off the hands. To refuse political equality is like robbing the ostracized of all self-respect, of credit in the market place, of recompense in the world of work, of a voice in choosing those who make and administer the law, a choice in the jury before whom they are tried, and in the judge who decides their punishment.”
—Elizabeth Cady Stanton (1815–1902)