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From a Blue Collar Hobby

11/1/2018

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Nov/Dec 2018 edition
Issue #2 AutoMobilia Resource Magazine
John Mihovetz
Over the past decade, the Gas & Oil Advertising collecting world has seen a massive spike in attention, prices realized in public auctions as well as private sales. What started as a small blue collar hobby, has now grown into a multi million dollar industry for dealers & collectors alike. There has also been an overwhelming amount of younger people joining into the fun of the hobby who have begun collecting themselves. Each area of the hobby has grown exponentially, from the beginning collector pieces to the advanced collector grade ‘holy grails.’  

​The advice I have offered to many beginning collectors is learn before you buy, and avoid the pitfalls of costly beginner mistakes. Time and time again, I see many beginning collectors buy first, and then ask questions after, only to end up getting burned on a phony piece that’s practically worthless. Avoid sites such as eBay, as well as unscrupulous dealers offering items at prices that seem to be too good to be true. A proper beginning into this hobby should begin by figuring out which parts of the hobby do you enjoy. What are you going to collect? Once you have answered those questions (with the emphasis on enjoyment), begin to network with reputable dealers & collectors alike. Swap meets and flea markets are a great beginning spot, and as your knowledge expands, buying at auction from a reputable auction house will be an excellent way to procure some of your more high-end pieces. Websites such as oldgas.com, as well as Facebook offer over twenty different collector groups with over twenty thousand members trading photos, ideas & sharing stories. 
MohawkGasolineCurbSignCirca1920s_JohnMihovetzMohawk curb sign. 28” diameter. Circa late 1920’s to ‘30’s. This one sold not long ago for $45,600.

RedHatMotorOilGasolinePostSignCirca1920s_JohnMihovetzRed Hat post sign. This would have hung from a pole. 32” diameter. Circa 1920’s. Value $25,000 plus.

In collecting Petroliana, there are a variety of different ways people like to collect. Some people are looking for the rusty barn hangers that are full of character & patina, while others search for only the rarest in the best condition. Some collectors are looking for nostalgia, trying to build a Texaco or Shell collection because their father or grandfather ran an early Service Station. Petroliana, as with any other collectible hobby market, demands top money for rarity as well as condition.

​Over the years I have seen ups and downs in prices, and demand for off-condition and beginner related pieces, but the best of the best has done nothing but steadily rise since the hobby began. The early independent brands have also broken out and prices are on the run. Early, graphic brands such as Red Hat & Mohawk are some of the most colorful and rare pieces in the hobby, and are some of the most highly sought after brands. 
1920sWayneRomanInvisibleGasolinePumpPetrolianaJohnMihovetzRestored Wayne Roman column pump, Circa 1920’s. Extremely rare with all original parts. Value $30,000 plus.

High-end collectors are seeking out and driving up the prices of the extremely rare Signs & Globes in high-grade condition. By high grade, that means an original, untouched piece that shows little to no wear with excellent original colors and factory gloss. Although signs and globes grade similarly, Gas Pumps are slightly different. All original pumps are in very high demand, as common restored pumps have slightly dropped in value, but the extremely rare examples, such as a Tokheim ADC Pump or a Wayne Roman Column Pump that have been professionally restored are still holding their values. In my opinion, I believe people are holding strong to a purist mentality, which is a fantastic mindset to keep the hobby strong & growing. 

Rarity, condition, and high value....One of the best examples of a sign that meets this criteria is one of the first pieces of Mohawk Gasoline Advertising (pictured). 

​The Mohawk Petroleum Company is a highly sought after brand in early American Gas & Oil Advertising. Mohawk was not a very large company compared to other brands, so the advertising is fairly scarce and highly sought after. The Mohawk Oil Company was based out of Bakersfield, California, and took part in the discovery of the Mountain View Oil Field. Mohawk Petroleum Company had stations up and down the West Coast until is was acquired by Getty Oil Company in 1975.
1920sShellStationPhotoPetrolianaJohnMihovetzEarly Shell station. Circa 1920’s. Note all of the great advertising; curb sign, the rare Porcelain “Air” sign, and large hanging pole sign.
This particular Porcelain Service Station Sign, is circa 1930’s. The Mohawk, “Drop Feathered” Native American Graphic is simply one of the most subtle and well designed graphics of Early Gas & Oil Advertising. The type font of, “Mohawk Gasoline” is strong and smooth flowing into the bright and crisp colors. This double-sided porcelain sign originally sat in an Iron Curb Stand and advertised Mohawk Gasoline to the Motorists passing by in their travels. Mohawk only has two known examples of advertising with the stoic, “Drop Feathered” Native American. They kept this graphic for only a short period of time, and later changed the graphic to a less detailed Native American side profile graphic with a feather pointing upwards. There are less than ten known examples of this sign. In 2016, an excellent example of this sign was sold at Morphy Auctions, with a final price realized of $45,600.

The best advice I was ever offered, and the advice I offer now to a new or veteran collector, is to collect what you like, and buy the best-quality piece you can afford. There are so many different parallels in this hobby, and the group of collectors is deep & diverse. Some people like immaculate & rare, while others like them crusty and full of bullet holes. Enjoy the hobby, and have fun! One of the best parts of the hobby is growing relationships through the common thread of the appreciation of Gas & Oil advertising.

​John Mihovetz

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    John Mihovetz Petroliana
    John Mihovetz

    Petroliana

     John Mihovetz is an Expert and Director of Acquisitions at Morphy Auctions focusing on automobilia, petroliana and antique advertising.

    [email protected]

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