I posted on the BH thread but am looking for additional feedback:
In 2003, I purchased an autographed 16 X 20 framed photo from a reputable auction house that is still in business today. The photo is of Ali standing over Sonny Liston and is known as the Neil Leifert photo- it has become iconic as one of the most desirable sports photos of Ali. I have letters from the auction vouching for it authenticity- so I choose to believe, for the sake of this post, it is authentic. I find similar pictures on Ebay (with supporting documentation) selling for 5-10 X what I paid for mine.
Honestly, I have enjoyed the picture for a long time- it hangs in my office- but here is my question: Is their an optimum time to consider selling this item and is now that time? I know that when famous people die, value of signed items tends to go up as there will be no more. Anyone have any experience with a similar "sell" or "hold" decision? Once again, I have always liked the photo, but have entered a "less is more" phase of my life...I could part with it and enjoy the liquidity just as well. Thoughts?