Nazi Memorabilia Boom - 'The People Want Souvenirs'

Is this true? Is there hugh demand in the U.S. for this stuff?

"It turns out National Socialism is still worth something in Stamford, Connecticut. A well-preserved two-page statement written and signed by Hitler's Armaments Minister Albert Speer at the start of the Nuremberg Trials in 1945, for example, is worth $10,000 (€7,500).

"That price seems like a deal compared to the going price for journals kept by concentration camp doctor Josef Mengele during his exile in South America. A private collector recently purchased them at an auction for nearly $300,000 (€224,000).

"Even larger bids are expected in Stamford this Thursday, when a portion of Joseph Goebbels' estate goes up for auction. Items include letters and postcards sent and received by the Nazi propaganda minister during his younger years, as well as school report cards and poems and plays he wrote. There's even a lock of hair from a former girlfriend, preserved inside an envelope through the decades."

Nazi Memorabilia Boom: 'The People Want Souvenirs' - SPIEGEL ONLINE - News - International

 

It's nothing new : Nazi/TR memorabilia has always commanded higher prices than Allied. Over the last two years, prices of all sorts of 'collectables' have increased as people seek to 'invest' in a low-growth/high inflation situation. It's odd that the article seems to make no mention of this...........

 

Prices are up everywhere. There are a couple of reasons. WW2 is already more than 66 years ended, so the olders things get, the more money they cost. Then there is a trend that WW2 collectebals are hot for the moment. For a couple of years, you also see more and more collectors from Eastern European countries at auctions and trade markets. So, the world of collectors gets bigger and bigger and prices go up.

 

Yes, anyhting which has to with Nazi Germany sells. Many things are not rare, there is just a huge demand. I buy Englsih and French badges which are much rarer, but since I'm the only one bidding for those I usually pay a fair price.

 

Just about all 'tangibles' are hot at the moment. Rare books, art, limited-edition models.....

It happens in a recession. What else are you going to put it into - bank shares ? Eurobonds ?

 

I realized that especially autographs and documents go through the roof.
Excellent investments and better than stocks.