All Poster Forum
Movie Posters => General Discussion => Topic started by: Bruce on October 12, 2013, 08:56:02 AM
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Coins, stamps, vintage photos, baseball cards, and comic books currently all have million dollar plus items on a regular basis, and tons of items that sell in the tens of thousands. Yet movie posters are far more rare, and far more enjoyable (because you can better display and enjoy them), and yet the price levels of vintage movie posters is many steps down from that of the above collectibles.
To me it is just a matter of time before the movie poster hobby catches up to those other collectibles.
What do all of you think?
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Is this a trick question?
Something along the lines of "since all those other auctions houses fill their results with fake sales, why haven't they faked a million dollar sale (and all the great positive publicity that comes with such a thing)?"
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*sigh*
Would a moderator please delete this thread? There is no point now.
I used to wonder why many super-knowledgeable people never post on this forum, but I no longer do.
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Possibly because there are less collectors? Also, it's weird with film poster stuff. Do all those other collectables have archives which store them? I know for posters and stills there are great collections at the Margaret Herrick Library, MoMA, and The LOC, so maybe some of the "million $$$" jobs, will be in institutional hands?
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I used to wonder why many super-knowledgeable people never post on this forum, but I no longer do.
What are you talking about - you post here every day. And are you suggesting that the other members aren't super-knowledgeable?
I do think it is a valid question though. If those other auction houses really are willing to list false high-end sales, why not go ahead and list a gigantic false one? Surely you could get a million dollars worth of publicity by having a million-dollar sale, right? Or if when they were consigned something like Todd's Bride of Frankenstein one-sheet, why not bid themselves on it at $850K (and thus making it a million dollars with the buyer's premium)?
Movie posters have yet to have even a $500,000 sale - so a million still seems like a long ways off.
I know the Schacter bankruptcy auction had a group of items sell for over a million, but in my opinion that style King Kong 3-sheet is worth nearly as much as the Metropolis poster (and perhaps more in the long run) and there were at least two other six-figure items involved (Invisible Man 1-sheet and the Jailhouse Rock original art) so it is still hard to view any of those items at close to a million yet.
Bruce, for the longest time you were at the top of the high-end chain, but I don't believe you've even had a single $100,000 sale, so it's not hard to imagine that a sale for 10x that amount is still a ways in the distance.
In principal, I agree that it seems like there should be/should have been a million dollar item by now. Especially consider the number of Hollywood-types that collect and the worldwide appeal of film. But I think the overall rarity of posters has held it back, and the notion that it's not really easy to start collecting. Theaters don't sell posters, nor do regular stores. In most every other hobby there is a very-low barrier to entry and that's just not so with posters.
Perhaps it has to do with the fact that the other hobbies have established price-guides, so it is easier to gain knowledge in them and that many of them have 3rd party grading systems in place, or at the very least agreed upon grading definitions. Certainly the other hobbies have been around much longer and have had time to develop to maturity.
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I'd never spend a million on a poster.
Stew
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Possibly because there are less collectors?
I think this too - the number of poster collectors must be quite small in comparison to other hobbies I guess (partly due to reasons Crowzilla mentions)? Also, I suppose it's a hobby where a lot of collectors buy based on aesthetics...why spend six figures when you can buy beautiful posters for 2 or 3 figures? But I'm miles away from spending even $1000 on a poster, so have no idea or understanding really!
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Is this a trick question?
Something along the lines of "since all those other auctions houses fill their results with fake sales, why haven't they faked a million dollar sale (and all the great positive publicity that comes with such a thing)?"
laugh1 laugh1 laugh1
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What the Hell does "super-knowledgeable" mean..?? (there's so many Cartoons going through my head at the moment about that statement...) is this just another way of saying people who spend hundred's of thousands on posters? As I don't think spending big bucks makes them any more knowledgeable. The one thing money can't buy is knowledge.
I think the forum has many, very knowledgeable collectors on here. We all tend to be very good at the area we collect in. So is this Super-knowledgeable collector like a Jack of all trades? We have a saying in Jolly old England about them.. Some days I wonder about the "prominent" figures in this hobby, and you wonder why posters aren't as popular as stamps..... eyeroll
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I think some of the major issues with posters is the rampant creation of fakes/repros/bootlegs and they are getting easier and easier to produce. Its not like forging a Monet .. that takes special skills and talent and I'd venture a guess that only a small number of people in the world could successfully pull it off. Any hack could use a printer in his or her office and start cranking out copies of whatever modern poster that they choose. Not to mention that there are no established "values".. a lot of people buy "things" because they like the looks of it. But those who spend big $$ on anything also see it as an investment. No ones going to pay a $1,000 let alone a million on something that has no real established value or at least the potential to become that valuable.
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the answer is really more specific than anything mentioned here:
it's because there is no poster that anyone currently in the hobby would pay a million bucks for and probably no one who will pay a million for any poster known to exist or even a poster they hope to find.
Furthermore, who really cares if there is such a beast?
Would the presence of a million dollar poster mean we suddenly are the best hobby since Cain killed Abel?
If half the posters you sell go for less than $15.00 would the presence of a million dollar poster raise that to $16.00?
does the presence of uber-valuable posters change the fact that 99.9% of posters sold in the movie poster hobby actually sell for less than $1000 and the number of them that sell for under $100 or under $500 are far more important to the overall health of the hobby than any $1,000,000.00 poster that people can oooh and aaahh about
Fishler does value his Frankenstein 6-sheet at a million, but would it really sell at that price (Maybe Sean knows if Steve was ever offered a mil from someone who will pay it at a moment's notice and if said person is still willing to pay that price)
Heritage does of course hold a number of benchmarks for $100,000.00+ posters sold and we all know that Schacter originally paid $600k for the Metropolis poster that was sold in a group with other posters at an aggregate price of $1.2m early this year. The lack of competition (only a few people participated in the court-ordered auction) at that level says alot more than anything said here.
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I am not super knowledgeable nor am I a prominent collector but...
I like collecting movie posters, most people know that I also trade and sell posters part-time as a means of achieving the first statement; I don't take collecting movie posters too seriously and as I don't need to earn an income I don't really get worried about what other dealers may be doing (unless it is illegal); I may or may not be a 'lifer' in this hobby but then frankly it's not like this is some exclusive club although some people who have been in it for decades can be a little snobby about it; I like to think I have a sense of humour and often post in this forum with a humourous slant because at the end of the day it's just a hobby; I get a real kick out of seeing what other members collect because I love the variety of posters members will collect, many a title has hit my own want list a a result of their unselfish 'shares'; I have learned a hell of a lot from members, and I freely share my not so super knowledge (here or outside the forum); I remain a member of this forum because most days most people in here also don't take themselves too seriously and happily to share their collection and their knowledge (super or otherwise).
So as to the question why the super knowledgeable and the prominent collectors don't post in here...perhaps the clue is in some of the aforementioned.
As to the question of $Million dollar posters...one view I hold is the age of the hobby itself which may have a direct correlation to the number of collectors in the hobby too, collecting stamps has been going on for some 170 years, coin collecting for some 2,500 years...at best collecting movie posters is maybe 100 years old, given that some posters are now fetching within a few hundred K of that magic million, maybe it is not so far away.
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As to the question of $Million dollar posters...one view I hold is the age of the hobby itself which may have a direct correlation to the number of collectors in the hobby too, collecting stamps has been going on for some 170 years, coin collecting for some 2,500 years...at best collecting movie posters is maybe 100 years old, given that some posters are now fetching within a few hundred K of that magic million, maybe it is not so far away.
I think you hit the nail on the head, Dave.
From a slightly different collector of Cinema Memorabilia, he makes a good point around the 2.30 minute mark.
http://www.abc.net.au/tv/collectors/segments/s3229171.htm (http://www.abc.net.au/tv/collectors/segments/s3229171.htm)
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well said David, but I'm in the camp that a million dollar movie poster is not on the horizon anytime soon if ever.
The equation isn't "this poster should be worth a million". It is as I already pointed out, who is willing to pay that price and for what?
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Because they're movie posters, not fine art. Multiple printed images on paper that are less than 100 years old.
T
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Here is a theory
Maybe it will take a large format fine art poster....perhaps a super rare Jules Cheret or Toulouse Lautrec (I don't think a Cappiello will do it)...probably a late 1800's stone lithograph 2 sheet or 3 sheet..to break through the million mark which might pull a few other posters, perhaps even a movie poster through (I'm thinking the Fishler Frankie 6 sheet being the first one) ...A landmark European fine art poster result could be a watershed moment...This could pave the way for a movie poster to break through next....with fine art paintings selling for tens of millions..it's hard to imagine a late 1800's stone litho won't eventually do it first...
Perhaps a private poster sale has already broken the million mark? It just wasn't a movie poster?!
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Because they're movie posters, not fine art. Multiple printed images on paper that are less than 100 years old.
T
I think we have a winner!
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Because they're movie posters, not fine art. Multiple printed images on paper that are less than 100 years old.
T
So then it may also come down to those multiples that no longer exist, except for a known copy or 2.
;)
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Personally, I feel that it is in the best interests of most poster collectors if a poster or posters never reach the magic $1,000,000
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From a collectors POV I hope posters never go the way of coins and banknotes.
When the prices go up, investors step in, most collectors get priced out of the market.
I sold millions of dollars in coins and banknotes, and the good stuff is rarely in the hands of people who love them, they are in bank vaults never seen by the owner, who only wants an update in value each year.
And many times they never even take possession, it's bought and sold without them even seeing it.
Job blow dreams but never gets that elusive date or mint mark.
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I think we have a winner!
Except in the case of coins, banknotes, comics, stamps etc as mentioned above they also aren't fine art, they are also often less than a century old and they are often /usually minted, printed etc in numbers FAR larger than movie posters from any era.
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Some good points here. In black and white terms, the price is directly related to the supply and demand. One can form hypotheses regarding the level of demand for stuff, but in reality, there are likely numerous factors that determine a specific level of demand.
Regarding the "fine art" debate (as in paintings vs. posters): Frankly, I don't think that's an accurate comparison, as it is comparing apples to oranges.
Regarding the notion that there may never be a million dollar poster: Unless you have psychic powers, there's no way to make that prediction. As I mentioned in another thread, a few weeks ago I was at the Buffalo Bill Museum in Cody, Wyoming, where they have a lot of paintings, and some posters (or as they called them "lithographs"). Personally, I think the posters there are a lot cooler, in various ways, than the paintings. Who knows whether more people will think like that in the future, thus driving up the demand of posters over paintings?
Regarding the "super knowledgeable" comments: people get too caught up in semantics. I think Bruce was trying to say that it's no wonder why a lot of people (including people who have a wealth of knowledge on a topic), don't join places like this. It really is difficult to avoid some comments, as we all know, and sometimes people push things too far, at the wrong time, wrong place, etc. With that said, no one is perfect, and we all have to walk a fine line between being politically incorrect and being a prick, which everyone interprets differently, of course. Although this is off topic, personally I despise the tactics of a lot of auctions, and I'll never take part in many auctions, regardless of buying or selling an item, because I refuse to play those games, deal with their service (or lack thereof), etc. However, I do understand how people want to defend blanket statements that they feel may be implicating certain auction houses that they are big fans of, but there is a time and place, and a right and wrong way about doing things, and some of the comments in this thread were uncalled for, IMO.
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When the prices go up, investors step in, most collectors get priced out of the market.
Great point.
Plus....
Think we read enough pontificating now? ;D
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Regarding the "super knowledgeable" comments: people get too caught up in semantics. I think Bruce was trying to say that it's no wonder why a lot of people (including people who have a wealth of knowledge on a topic), don't join places like this. It really is difficult to avoid some comments, as we all know, and sometimes people push things too far, at the wrong time, wrong place, etc. With that said, no one is perfect, and we all have to walk a fine line between being politically incorrect and being a prick, which everyone interprets differently, of course.
I agree with ya Brandon.
Supply and Demand economics is spot on too, except for my theory.........."Holy shit I forgot to bid on that!"
I've said that a few times. ;)
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Regarding the "fine art" debate (as in paintings vs. posters): Frankly, I don't think that's an accurate comparison, as it is comparing apples to oranges.
Agree, of course it is not.
It is a collectible and therefore driven by demand - the "art" has absolutely nothing to do with the price, although that may be the reason it is collectible, of course.
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Like fine art in the past, it is just a matter of time. When one thinks about some of the multi million dollar pieces of fine art, vs what they sold for when "new," one can see a potential here, especially for an only known copy of a highly desirable or rare poster. If only one copy is known to exist, then it is similar to an original work of art, in that no others are out there (potentially). Like a painting, it is unique, in that regard.
As mentioned, all it will take are 2 deep pocketed players who REALLY want something in that poster realm to push the $1 mil price tag. (The Frankie 6 sheet if it ever goes on the block? Or the Metropolis 3 sheet, down the road?)
Cheret and Mucha's beautiful advertising and theater posters from the late 19th/early 20th C are today often seen as a fine art form --and they are, imo. Film posters from the early 20th C were created the same way; true artists created the "stones" (plates) from which those incredible lithos were created. Just because these are for film, and not for tobacco or advertising the dates for the then upcoming Paris Opera Bal Masque, doesn't make them any different on their base level (and when done with the same artistic attention to detail and finery).
When will the million dollar movie poster sale happen? Know one can say. But i don't think it wont "never" happen.
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eyeroll I've seen a few Million dollar posters for sale on eBay over the years ;D
dario.
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eyeroll I've seen a few Million dollar posters for sale on eBay over the years ;D
dario.
:D ;D
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eyeroll I've seen a few Million dollar posters for sale on eBay over the years ;D
dario.
laugh1
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You guys obviously missed out on these:
(http://www.impawards.com/1971/posters/million_dollar_duck.jpg)
(http://www.antiquehelper.com/auctionimages/41037t.jpg)
(http://images.moviepostershop.com/the-million-dollar-cat-movie-poster-1944-1010327488.jpg)
(http://upload.wikimedia.org/wikipedia/en/a/aa/Million_Dollar_Legs_FilmPoster.jpeg)
(http://www.iceposter.com/thumbs/MOV_8368fecc_b.jpg)
(https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcSrQzAALxr7wf7GLWwws-4EOwsPIZbnEN96McbqiVRVH6mJGjTO9A)
And my personal favourite!
(http://images.moviepostershop.com/the-mystery-of-the-million-dollar-hockey-puck-movie-poster-1976-1020205460.jpg)
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laugh1 laugh1
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Damn! I gotta see the hockey puck film NOW,!
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It got me thinking, because I was sure I had seen one but had to check my stock holding, sure enough I actually have one of those posters for sale, and I offer it here first - as a bonus I will throw in the other one - FREE!
So just so we are clear, that's...
http://www.youtube.com/v/l91ISfcuzDw
for this...
(http://i1219.photobucket.com/albums/dd421/SilhouetteNSW/bella-and-her-sisters_zpsf01c57b8.jpg~original)
Dog is not included, nor is freight, insurance or your local taxes, also it is plus BP (33%). But I will personally delivery it.
PM me for bank details.
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Can you change your mind about the dog? I'll pay freight. ;D
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one meel-yun dollars
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With inflation, there will be a day when a Mexican lobby card for pretty woman will be worth a million dollars, and a rusty paperclip worth two.
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Can you change your mind about the dog? I'll pay freight. ;D
Might as mail you my nuts now...because they wouldn't be attached to my body if I sold her.
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Is this a trick question?
Something along the lines of "since all those other auctions houses fill their results with fake sales, why haven't they faked a million dollar sale (and all the great positive publicity that comes with such a thing)?"
It seems to me you have a personal vendetta against Bruce which evidently stems from the fake auction comments.
Bruce never said ALL auction houses are filled with fake sales; just some and that's the unfortunate truth.
He made a post much like a blogger would; to engage the community, not to cause offence, yet you jumped on it immediately criticising him.
Rather than continually attack him, don't you think it would be wiser to concentrate on your own auction site?
Bruce - there is no point asking to have threads or posts deleted.
They simply won't do it for the foundations this forum is built on; zero censorship (unless you go against forum rules as according to T lol).
ANYWAY...
If the Metropolis US one sheet is ever found, then that will be what tops the million mark IMO.
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Blah
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It seems to me you have a personal vendetta against Bruce which evidently stems from the fake auction comments.
Bruce never said ALL auction houses are filled with fake sales; just some and that's the unfortunate truth.
He made a post much like a blogger would; to engage the community, not to cause offence, yet you jumped on it immediately criticising him.
Rather than continually attack him, don't you think it would be wiser to concentrate on your own auction site?
Bruce - there is no point asking to have threads or posts deleted.
They simply won't do it for the foundations this forum is built on; zero censorship (unless you go against forum rules as according to T lol).
ANYWAY...
If the Metropolis US one sheet is ever found, then that will be what tops the million mark IMO.
Absolutely not. I have the utmost respect for Bruce and all he has done. I just get tired of seeing his constant attacks on Heritage, to me they really undermine all the good he does.
And certainly he is calling out Heritage when he makes a comment like this: "Not only are some high results cancelled with no explanation, but the "sale" goes up on that auction's website and stays there, even though that result never happened."
Anyways, I think there is a 99% chance that if a Metropolis one-sheet is found that it will NOT sell for a million dollars (unless you personally know someone who will pay that price no questions asked or something). One, it is hard to imagine it being worth more than the best country of origin poster for the title; and two, when the US insert has trouble finding a buyer at $50K, how could the one-sheet possibly be worth 20x that amount?
PS - I am not affiliated with Movie Poster Exchange any longer. I realized early on that due to the demands of my "real" job that I couldn't give it the time it deserved. But I think it's a pretty awesome site and Peter is doing a great job with it so I certainly don' mind plugging the site.
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I apologise, I did not know you were no longer part of the MPE site.
Everybody on every forum has their own agenda.
IMO, Bruce's is simply he wishes to promote his auction site as much as possible at every opportunity here.
Take the post above directed to me...I am already a member of his email club etc (and he will know this) yet he turned it into a promotional piece for his website, which is clever, and there's nothing wrong with that as that is what Bruce does.
I can understand Bruce's decision to limit his participation here.
This forum suffers because of favouritism and lack of moderation.
I'm surprised nobody else has built another poster forum to rival the likes of APF and MPF.
To be honest, I'm just tired of seeing people berated on here; often for little to no reason - mostly due to some personal, illogical, egotistical stance (I'm not talking about you in case get I accused of doing so lol).
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Hahaha I know why.... I've not won the lottery yet, therefore no need to get in touch with Ralph...
Another thought - If I could afford a million dollar poster, Why wouldn't I just buy a million dollar piece of art? Since we can conclude to poster collectors are in it for the view and association with the film. But I would probably put my million into a piece of art for the appreciation aspects.
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I apologise, I did not know you were no longer part of the MPE site.
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Everybody on every forum has their own agenda.
IMO, Bruce's is simply he wishes to promote his auction site as much as possible at every opportunity here.
I can understand Bruce's decision to limit his participation here.
This forum suffers because of favouritism and lack of moderation.
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I'm surprised nobody else has built another poster forum to rival the likes of APF and MPF.
To be honest, I'm just tired of seeing people berated on here; often for little to no reason - mostly due to some personal, illogical, egotistical stance (I'm not talking about you in case get I accused of doing so lol).
No biggie and thanks for the apology but not necessary.
It's just tiring to see Bruce always attacking Heritage when I don't think I've ever seen them attack him.
There used to be a fantastic forum called Movie Poster Talk and pretty much everybody was a member, but it got bogged down in the same stuff we see going on here.
So back to million dollar posters...
If it were to happen, the Frankenstein 6-sheet might be a good choice - but it's likely that poster is off the market for the next 25+ years, so every other contender has a much better chance of being first.
I think that sci-fi/horror has a better chance than classic cinema (unfortunately) because the gap is so wide that it will take a long time for classic cinema to catch up.
For that reason I really like the better style King Kong 3-sheet as a contender:
(http://www.emovieposter.com/images/transparencies/200/ScanE389_20130430_170911.jpg)
it combines the key collecting element of sci-fi/fantasy film with being one of THE classic cinema titles of all time and it has the added benefit of showing one of the most iconic scenes in film. Something that is sorely missing from a lot of the top posters. It is actually very rare for any of the top selling posters to show a pivotal scene from the film. Look at Bruce or Heritage's archives and you will see what I mean. (This is one of the reasons the War of the Worlds B-style half sheet is heads and shoulders above the rest of 50s sci-fi posters).
But I think the lack of a price guide is one of the big barriers holding the hobby back. As much as guides get picked on (good and bad), people just feel better about investing/spending when there is a price guide. All the other hobbies Bruce mentioned have one and in many cases the guide has been a key instrument in the hobby's growth.
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I see your point about the Heritage jabs.
I fully agree about the price guide point.
Imagine if there was no price guide for cars?
In the UK, we predominantly use Glass's for trade and retail and without it, it would be like estate agency.
LAMP's price guide a few years ago was decent, but the better ones were Jon Warren's (if I remember rightly).
It's interesting you mention King Kong. I don't know much about the early film posters, but I do have a little story about a King Kong poster.
One of my mates was once a police officer here in the UK, in London. One evening he was called out to a break-in and he and his partner entered the house and found a window had been smashed and several items taken. But the fascinating thing for my mate, who was a poster collector at the time, was and I quote "The King Kong poster the old guy had framed on the wall was still there!". My mate said it was definitely a first release and said it was either three or six sheet in size (I can't remember which one). Now can you imagine if this old guy decides to sell it some day? Sitting on a small fortune there!
I think the point regarding the Metropolis US one sheet is that not a single copy has ever been found and so collectors of these items would go mental if one was found.
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Well the other dynamic is that some of the other candidates for "First Million Dollar Poster" ...like the fishler frankie 6 sheet ...and a singular Metropolis 3 sheet...have never been auctioned by themselves in a major auction yet..they were private sales and the metropolis poster was part of a group ....not to mention if something like a mummy 6 sheet or 3 sheet was discovered...in a better market ...who knows?!?!
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I see your point about the Heritage jabs.
B I N G O
and it isn't just Heritage he jabs.
If you're going to try to stick it to people, you have to be able to stand criticism yourself.
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Another reason, I think anyway, is a lot of film material collectors like to keep some of what they have quiet. I know of one who has about 500 lobby cards for the 20'-30's which he purchased before many on this forum were even born and no one knows what's in his collection, but he has allowed me to see the boxes they are kept in and pulling out random cards, there were some really choice ones!
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I think the point regarding the Metropolis US one sheet is that not a single copy has ever been found and so collectors of these items would go mental if one was found.
This is true that one hasn't come up before, and I think that is why something like the Frankenstein insert (also previously unknown) went for such a crazy price even though it was fairly heavily restored. But other unique pieces have come to auction before and sometimes spectacularly failed, like Todd's Bride of Frankenstein one-sheet, and even when Bruce tried to auction the only known Frankenstein teaser one-sheet it failed to meet a much more reasonable reserve ($250K if I remember correctly, and this was after a regular one-sheet had sold for $198K and the Mummy had "sold" for $451K - now that is an actual suspicious sale.)
The strong price Heritage got for the lesser style Kong 3-sheet is a step in the right direction, but it remains to be seen if that purchaser has an appetite for other titles as well (and if more competition will step up to challenge him).
Well the other dynamic is that some of the other candidates for "First Million Dollar Poster" ...like the fishler frankie 6 sheet ...and a singular Metropolis 3 sheet...have never been auctioned by themselves in a major auction yet..they were private sales and the metropolis poster was part of a group ....not to mention if something like a mummy 6 sheet or 3 sheet was discovered...in a better market ...who knows?!?!
Actually the Metropolis 3-sheet has been auctioned before, and the last time it was auctioned it was several years after the "record" $451K paid for the Mummy 1-sheet. And it got a single bid at the minimum of $200K. And of course there is a beautiful Mummy 3-sheet known and it was offered around a few years back to the key players for a price under $500K and a buyer could not be found. If it went for public auction, who knows? But again, as beautiful as a piece that it is (and it is simply amazing in person) it is hard to explain to the general public why a poster for a "lesser" title should be a million dollar item. That is why I keep coming back to the King Kong 3-sheet - it is something that is easy to understand why it "should" be a million dollar poster.
I had a really wise dealer friend once tell me that if it takes more than a sentence or two to explain to the public why an item should be valued at what it is, then it is really hard for the item to hold it's value: First appearance of Superman, Mickey Mantle rookie, James Bond's Aston Martin, Dorothy's Ruby Slippers, etc.
Mummy 3-sheet just doesn't have the same ring to it.
I know of one who has about 500 lobby cards for the 20'-30's which he purchased before many on this forum were even born and no one knows what's in his collection, but he has allowed me to see the boxes they are kept in and pulling out random cards, there were some really choice ones!
Speaking of choice early lobbies - did anyone see the incredible selection in the upcoming Heritage auction? Tons of amazing things that haven't come up for auction in decades, if at all before.
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That is why I keep coming back to the King Kong 3-sheet - it is something that is easy to understand why it "should" be a million dollar poster.
I had a really wise dealer friend once tell me that if it takes more than a sentence or two to explain to the public why an item should be valued at what it is, then it is really hard for the item to hold it's value: First appearance of Superman, Mickey Mantle rookie, James Bond's Aston Martin, Dorothy's Ruby Slippers, etc.
Mummy 3-sheet just doesn't have the same ring to it.
perfectly stated
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Speaking of choice early lobbies - did anyone see the incredible selection in the upcoming Heritage auction? Tons of amazing things that haven't come up for auction in decades, if at all before.
Not just lobbies either! I'm scared to check on their listing progress... every time I look there are more and more crazy amazing and rare posters.
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On page 111 of Kirk Hammett's "Too Much Horror Business" Ron Moore claims he tracked down a US 1S for Metropolis but the supposed owner wouldn't show it to him. "I did track down a guy who supposedly had it because I found the guy who said he sold it to him."
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I had a really wise dealer friend once tell me that if it takes more than a sentence or two to explain to the public why an item should be valued at what it is, then it is really hard for the item to hold it's value
Someone could try to explain for half an hour to me why some paintings are worth hundreds of millions and I still wouldn't get it
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Someone could try to explain for half an hour to me why some paintings are worth hundreds of millions and I still wouldn't get it
Steve, as a former art dealer, I understand your comment, but I can actually state it in a different way, related to all collectibles:
you and I see a value in posters and we are willing to spend real money on them. To the average person, we are insane. I would say the average poster purchase is $200 (not necessarily 1 poster). But when you consider that the average paycheck in the US is about $23k a year, or $400 a week before taxes, it is easy to understand why someone who fights to save $50 for a new pair of jeans (if you can buy them for that price) would think we are completely insane for buying something to look at, or keep in a drawer.
Life is subjective and dependent on your financial position
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Thanks for the clarification Sean...i have some questions
1. Do you think the Mummy 3 sheet didnt sell because it was laminated?
2. Why was Todd's mummy one sheet a ” suspicious result”?
3. What auction house did the metropolis 3 sheet sell from...and do you think heritage could better handle a piece of that calibre& provide a higher result?
I appreciate your posts..thanks again!!
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Not just lobbies either! I'm scared to check on their listing progress... every time I look there are more and more crazy amazing and rare posters.
no doubt about it Stew, Heritage does indeed get the very best and the most rare.
Grey clearly works overtime on the phones and I'd hate to see his travel expenses
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Sean, does Peter have his own site any more or is he just doing MPE now?
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And speaking of those lobbies at heritage...i think its fair to suggest that the silent film lobby card sets of The Golem and The Electric House came from the same source...what an incredible find
Rich have you looked through the Leonard Schrader archive of lobby cards?..
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1. Do you think the Mummy 3 sheet didnt sell because it was laminated?
Correct me if I'm wrong, but I think the Mummy 1-sheet style B is the one that is laminated. The 3-sheet came out of Europe (Sweden?) IIRC. There was another partial 3-sheet (just the head) in the same find. I could be confusing stories though...
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Rich have you looked through the Leonard Schrader archive of lobby cards?..
no. do you have a link?
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http://www.leonardschradercollection.com/ (http://www.leonardschradercollection.com/)
If you contact David Weisman through the "Contact" email...he will probably give you a protected link access to the archive .. Michael Hawks said it was one of the greatest archives of lobby cards ..i Think 5000 cards from the 1920's-1930's...It recently sold to OCEAN's Motion Picture archive in India ...and there are over 150 buster keaton cards many of which have never been offered..!!
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thanks Tait. I had no idea his collection was online.
I emailed david
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http://www.leonardschradercollection.com/ (http://www.leonardschradercollection.com/)
Holy balls.
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It recently sold to OCEAN's Motion Picture archive in India
Never heard of this archive.
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And speaking of coincidences: this looks like its from today
http://www.hollywoodreporter.com/news/indias-osians-group-launches-online-648154 (http://www.hollywoodreporter.com/news/indias-osians-group-launches-online-648154)
It's Osian's archive also (Not Ocean's)...here was the initial press release
http://articles.economictimes.indiatimes.com/2008-07-15/news/27727594_1_osian-lobby-cards-screenwriters (http://articles.economictimes.indiatimes.com/2008-07-15/news/27727594_1_osian-lobby-cards-screenwriters)
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it's mind-boggling how an organization in India wants to put together a film archive, but aside from the Academy, no Hollywood big wigs are interested
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Absolutely Rich...It is rather disappointing to think that so many 10's of millions going into the advertising of a single film ....yet an archive of 8,000 lobby cards gets passed over....and yet the telling comments about Mr. Tuli's "Vision" are really interesting in this context:
“Thus, India becomes the first country to freely reveal comprehensive and authentic auction data which has been the preserve of a few elite groups or available in fragments for a monthly fee,” said Tuli. “Today it is pivotal that the public has free access to this vast integrated knowledge-data pool, because without this none of the economic and financial infrastructure players will grasp the nature of the art object as a cultural collectible and asset... Many of the problems and mindsets faced by the Indian art market over the last decade will vanish overnight.”
However Mr. Tuli....nothing you say can make the material in Archive book - Keaton-0159 - vanish overnight.....and into my collection!!
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3 words - Debbie-Reynolds-Collection
it should have never been allowed to leave Hollywood
I can't find Schrader's stuff on that site (which seems burdensome via my warehouse dsl)
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Yep...that was a sad day when the Reynolds collection was savaged...
the http://osianama.com/ (http://osianama.com/) site is a big terd in terms of searching prowess...i couldn't find the Schrader collection either
The secure site that Mr. Weisman has control over is subject to access by individual I.P.'s (protected from an internal I p protection system) so you have to wait for his link and password..
It is meticulously laid out in Alphabetical order...by director, stars etc.. he kept them in portfolio books and I believe they were inserted in the archive holding true to his (Mr. Schrader's) design.. This secured archive is for Books 0001 - 0262 ...(Who knows how Osian's will place them..) However its still incomplete and some of the books are wrong (or were linked to the wrong pictures) and/or incomplete
Highlights include:
Book 0192 - Dracula title card & 6 scene cards and what looks like a mini window card (top trimmed)
Book 0178/0179 - lon chaney cards including 4 scenes from London after midnight & Trimmed TC & complete sets of The Unknown & Road to Mandalay
Book 0159 - Complete Keaton Lobby card sets of The General, The Paleface, The Cameraman, Our Hospitality, College, The Navigator, Sidewalks of N.Y., What No Beer? & Spite Marriage
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Sorry to jump the topic around, but does anybody know what the actual Metropolis US one sheet looks like? Is there a pressbook?
--Peter
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Yep...that was a sad day when the Reynolds collection was savaged...
the http://osianama.com/ (http://osianama.com/) site is a big terd in terms of searching prowess...i couldn't find the Schrader collection either
The secure site that Mr. Weisman has control over is subject to access by individual I.P.'s (protected from an internal I p protection system) so you have to wait for his link and password..
It is meticulously laid out in Alphabetical order...by director, stars etc.. he kept them in portfolio books and I believe they were inserted in the archive holding true to his (Mr. Schrader's) design.. This secured archive is for Books 0001 - 0262 ...(Who knows how Osian's will place them..) However its still incomplete and some of the books are wrong (or were linked to the wrong pictures) and/or incomplete
Highlights include:
Book 0192 - Dracula title card & 6 scene cards and what looks like a mini window card (top trimmed)
Book 0178/0179 - lon chaney cards including 4 scenes from London after midnight & Trimmed TC & complete sets of The Unknown & Road to Mandalay
Book 0159 - Complete Keaton Lobby card sets of The General, The Paleface, The Cameraman, Our Hospitality, College, The Navigator, Sidewalks of N.Y., What No Beer? & Spite Marriage
sounds like great stuff as is expected
and I did go to the site earlier. my dsl can't handle it. I'll have to look when I get home
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Tait:
1) Yes, it was the Mummy 1-sheet that had been laminated to board, I think the 3-sheet didn't sell because even at less than half a million it was just too expensive (it was even offered to the famous "bidder #2" who was paying crazy prices for items at Heritage and she declined).
2) You had to be at the auction to get the feeling something was wrong. The buyer knew the seller, and as far as I know he has not purchased another poster before or after. Bruce could probably say more when he returns from his sabbatical.
3) I believe that Sotheby's sold the Metropolis. I would have to check my old auction catalog notes, but if I remember correctly they had both styles available at one time. The credits style got one bid (the minimum) and the non-credit style did not sell during the auction (no one wanted to pay the $200K) and actually sold afterwards.
And yes the Electric House and Golem are from the same find (as well as the Hayseed, Idle Class, American Wife, and scores of others of those early lobbies - pretty amazing).
Wonka:
Peter is just doing Movie Poster Exchange now (and I think he's doing a heck of a job - the site looks incredible, it has gone through a major facelift since i left and seems much more streamlined). The sold item database is growing, the auctions look good and somehow he's finding time to slowly add fixed price items as well.
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Sorry to jump the topic around, but does anybody know what the actual Metropolis US one sheet looks like? Is there a pressbook?
--Peter
Peter, I did come across this image. I don't know if this is a first release OS or not, tho. It was printed by the Morgan Litho Co, Cleveland, No 40953; and per the fine print on the lower right border: "This Poster Leased from Paramount Famous-Lasky Corporation"
(http://i1355.photobucket.com/albums/q719/spitfire3992/Metropolis19274_zps8b6cdf99.jpg)
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Thanks Sean...I always appreciate the clear picture you present in your answers...
Can you elucidate any details on the find of lobby cards that includes The Golem and The Electric House?
(for some reason I am drawn to lobby cards and window cards....kind of like I prefer longboards to short boards when I surf...it's just the "feel" of them)
I'm more interested in the history of finds than what they fetch or who handles the sale...
It would be an interesting service to the history of the hobby to have a database of these finds and put them in some sort of logical/accessible/narrative of order...not only would it aid in the security and "provenance" but it would be (and in some ways a supplement to the price guide that is much needed) a real foundation that would only help the hobby..
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That is definitely the WC Eric.
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Thanks, Sean.
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I think you hit the nail on the head, Dave.
From a slightly different collector of Cinema Memorabilia, he makes a good point around the 2.30 minute mark.
http://www.abc.net.au/tv/collectors/segments/s3229171.htm (http://www.abc.net.au/tv/collectors/segments/s3229171.htm)
So the super-uber-hyper-knwolegdable man said we are all dumpsters, collecting trash :) Ahaha !!
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On page 111 of Kirk Hammett's "Too Much Horror Business" Ron Moore claims he tracked down a US 1S for Metropolis but the supposed owner wouldn't show it to him. "I did track down a guy who supposedly had it because I found the guy who said he sold it to him."
Yep...was going to post this as well. But of course there is no proof...
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So there are actually 2 Mummy 3-sheets in existence? Hammett's and another - or did Hammett eventually get the only existing copy (out of the Sweden find if I recall correctly as well as Matt)...?
The story of Hammett's 'other' style Mummy one sheet as told in his book with Ron Moore is great! Same with the New Zealand Universal 1/2 sheet find...
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So there are actually 2 Mummy 3-sheets in existence? Hammett's and another - or did Hammett eventually get the only existing copy (out of the Sweden find if I recall correctly as well as Matt)...?
The story of Hammett's 'other' style Mummy one sheet as told in his book with Ron Moore is great! Same with the New Zealand Universal 1/2 sheet find...
The 'other,' (Style C) OS is truly something to behold in color. (the Style D is the version typically thought of, and is the one S2 did its re-creation of).
Truly stunning. happy1
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Peter, I did come across this image. I don't know if this is a first release OS or not, tho. It was printed by the Morgan Litho Co, Cleveland, No 40953; and per the fine print on the lower right border: "This Poster Leased from Paramount Famous-Lasky Corporation"
(http://i1355.photobucket.com/albums/q719/spitfire3992/Metropolis19274_zps8b6cdf99.jpg)
That's cool but is too "square" to be a one sheet. Maybe a trimmed window card?
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Yes, Sean above indicated it was a WC.. here's a full card image:
(http://i1355.photobucket.com/albums/q719/spitfire3992/metwc_zps1d06c961.jpg)
So in the mean time, until a US OS appears, I could still settle for a US insert. ;D
(http://i1355.photobucket.com/albums/q719/spitfire3992/Metinsert_zpsafef7ad9.jpg)
(Image care of HA)
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If you get the insert Jeff, can I have the WC please? Pretty please!!!
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Quick/funny (and sad for me) story about the Metropolis WC.
I was at the Heritage auction when it sold (used to go to pretty much every major auction as they were great events to attend live, see old friends and meet other enthusiastic collectors) and was actually the underbidder on the WC.
The WC was one of the early lots in the auction and the buyer was in the room, he and I had gone back on forth on the WC for a bit and finally I asked him if he would lay off a couple of horror pieces that were coming up a couple of hundred lots later if I gave up (was looking to buy it for resale, not for myself so there were lots of other things to choose from as the price grew) and he agreed.
Literally right after the hammer dropped (and before the next lot opened) Heritage got a bidder on the line who tried to make a bid, but the auctioneer refused to accept it saying he had already dropped the hammer and it was too late (this fact alone will probably drive some conspiracy theorists nuts). So Grey made an offer to the buyer on behalf of the bidder who was locked out, and the buyer resold the poster within 5 minutes of purchase before even giving Heritage a penny for it and made a nice profit. He was able to bid on several more items during the course of the auction all on the profit he made from the sale (and he stuck to his word not to bid against me on the lots we had talked about).
Made me wish I had made one more bid (at least...)
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Thanks for the inside look at "trench warfare" at the Auction house...
Then again if you made another bid...it could have left the window open for the phone bidder, you both could have lost, and the other bidder would have bid against you later in the auction!!
....or maybe not....it is a great window card though... I don't think I have ever seen a half sheet for Metropolis...were there two styles?
...also still would like to know where those Golem and Electric house lobbies came from!!
;)
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As far as I know there is only one Metropolis half sheet known (looks like the slide that Heritage has sold) and has been locked away in the owners collection for decades.
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As far as I know there is only one Metropolis half sheet known (looks like the slide that Heritage has sold) and has been locked away in the owners collection for decades.
.. and in someone else's collection for decades before that
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Come on boys. Show, don't tell. Here's the image from the aforementioned slide with white borders added:
(http://i691.photobucket.com/albums/vv275/Forty_Candles/2012/Metropolis1927USslide-similartohalfsheet_zps39b766b0.jpeg) (http://s691.photobucket.com/user/Forty_Candles/media/2012/Metropolis1927USslide-similartohalfsheet_zps39b766b0.jpeg.html)
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Some good points here. In black and white terms, the price is directly related to the supply and demand. One can form hypotheses regarding the level of demand for stuff, but in reality, there are likely numerous factors that determine a specific level of demand.
Regarding the "fine art" debate (as in paintings vs. posters): Frankly, I don't think that's an accurate comparison, as it is comparing apples to oranges.
Good points and agree. I am actually glad posters are not worth a million (so i can still afford a few :P ). But I suspect that time will come when some of them might reach that mark.
Incidentally, I have a Sex and the City 2 poster...mint condition...anyone would like to buy it for £1m? Anyone? cheapy cheap ;)
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Good points and agree. I am actually glad posters are not worth a million (so i can still afford a few :P ). But I suspect that time will come when some of them might reach that mark.
Incidentally, I have a Sex and the City 2 poster...mint condition...anyone would like to buy it for £1m? Anyone? cheapy cheap ;)
Say wha?
jawdrop
;)
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come on Jeff.. you know you want it.... :-*
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Incidentally, I have a Sex and the City 2 poster...mint condition...anyone would like to buy it for £1m? Anyone? cheapy cheap ;)
I'll trade you straight up for my $1M Ishtar. I guess you lose on that, given the exchange rate.
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Good points and agree. I am actually glad posters are not worth a million (so i can still afford a few :P ). But I suspect that time will come when some of them might reach that mark.
Incidentally, I have a Sex and the City 2 poster...mint condition...anyone would like to buy it for £1m? Anyone? cheapy cheap ;)
Not me I have one.............. eyeroll Did I think that or Type it....
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come on Jeff.. you know you want it.... :-*
That's one way to put it...
LOL
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I'll trade you straight up for my $1M Ishtar. I guess you lose on that, given the exchange rate.
That's such a classh***t poster...! ;)
Not me I have one.............. eyeroll Did I think that or Type it....
OhOhOh...Mr Waines... now you are talking... ;D
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If you get the insert Jeff, can I have the WC please? Pretty please!!!
Of course, Brian.
Done and done.
;D
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As mentioned elsewhere, Todd F thinks there might be: ;)
http://www.ebay.com/itm/DRACULA-1931-Original-BELA-LUGOSI-27x41-One-Sheet-TOD-BROWNING-UNIVERSAL-HORROR-/380851935028?pt=LH_DefaultDomain_0&hash=item58ac8b5734
And, in time, there certainly could be.
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Given that number of millionaires has gone thru the roof the past fifteen years you would think a poster reaching a million would've happen years ago.
That would lead one to believe there is just not enough collectors,or interest in the hobby.Also,this hobby has always been seen as 'poor man's art', to many.Actual artwork will always carry more weight than printed paper.
Plus,the super rich like to impress,Monet impresses more than a Dracula one sheet. ;).....in those circles anyway.
I think there is an 'age' factor in effect,too.As more time passes things change.I'm sure most people under 25 don't even know who Lugosi was.I know people thirty years old that haven't seen most of the classic films from the seventies,let alone the thirties.
I think in the future collecting will travel the path it usually takes,most collect with their youth in mind.As you see these days,those young millionaires are buying things from their childhood,Star Wars toys,props,Bat suits,most likely posters from their era's as well.
Just not a lot of Kirk Hammett's out their,with money, who grew up on famous monsters.Not many growing up with Universal monsters period,really.
While Universal material will always be top dollar,stuff like Star Wars will draw more interest given the droves of fans.
Anthony
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Anthony, part of your statement - the Monet to Dracula comment - actually doesn't quite work today.
Look to comics art collecting. The large majority of comic art collectors actually think that comic artists are better than easel artists and I have heard many exclaim that Todd McFarlane is better than Van Gogh. I'm sure there are many people who would prefer a Dracula poster to a Monet, though it is wrong headed
on million dollar price sales, except in a retail environment, you need at least 2 to Tango
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Anthony, part of your statement - the Monet to Dracula comment - actually doesn't quite work today.
Look to comics art collecting. The large majority of comic art collectors actually think that comic artists are better than easel artists and I have heard many exclaim that Todd McFarlane is better than Van Gogh. I'm sure there are many people who would prefer a Dracula poster to a Monet, though it is wrong headed
on million dollar price sales, except in a retail environment, you need at least 2 to Tango
You're only looking at a small fraction of the "super rich" (i.e. those that are comic art collectors)
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I'm giving one example Chris and there are certain to be many examples in different fields. Move to non-collectors and they think we're all insane.
But keep in mind, people who collect other stuff are more likely to start collecting in other fields (inc movie posters) than the average person who collects nothing
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Anthony, part of your statement - the Monet to Dracula comment - actually doesn't quite work today.
Look to comics art collecting. The large majority of comic art collectors actually think that comic artists are better than easel artists and I have heard many exclaim that Todd McFarlane is better than Van Gogh. I'm sure there are many people who would prefer a Dracula poster to a Monet, though it is wrong headed
on million dollar price sales, except in a retail environment, you need at least 2 to Tango
That's kinda what I was getting at with the 'age' factor.More younger people have wealth,as we can see in this hobby and others as of late.They're buying,but buying more within their age.They're definitely going to favor Dracula or McFarlane over Monet.Artwork of a scary monster, or flowers.... :P
They loved comics when they were kids,Star Wars,Cars,but there's not many that loved 1930's Universal films/monsters.So,that means these new collectors with cash will have to discover past film stars,get hooked on them,or get hooked on posters.The odds of that happening to many wealthy people is low.
I believe some of these new millionaires have joined the hobby,but I'm not sure Universal is why they're here.Also,there's not alot of collectors in the hobby that like everything.So,if they come in likeing Star Wars will they spread to other genre's? Universal? Seems unlikely.There are very few posters that are ever gonna hit a million.It will happen eventually,but I'm not sure they'll be a bunch of new collectors making it happen.Being a poster collector takes special person...not everyone has that gift. ;)
Bottom line,to Chris' point,there are many people who would prefer Dracula to Monet,but there's many more in the art world and high society alone that would have us shot for even thinking such a thing. ;)
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Bottom line,to Chris' point,there are many people who would prefer Dracula to Monet,but there's many more in the art world and high society alone that would have us shot for even thinking such a thing. ;)
Indeed and of course even the most 'valuable' movie posters and original comic art are but a pittance compared to the world of $100 million fine art
I don't really see how the two are even comparable...
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Chris and Rich are also touching on the edges of the generational collector issue.
Us old farts are starting to look at shedding our collections. We will be dying off in larger numbers soon and this material will come on the market. However, as noted, the people who are stepping up are not interested in westerns of the 40s. They want Star Wars, Trek, John Hughes, 80s slasher, etc.
The value will continue to rise on this material, but frankly there is a lot of it around. Probably enough to satisfy desire and keep prices in the hundreds to thousands range.
Early material was mostly destroyed, so a Dracula is really rare and desirable by people who know the movie. Fewer of the younger collectors know or care about early Universal horror.
Taken together a $1M poster is becoming less likely.
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good points
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Still hoping.
For a cool $1.5 mil
Bride of Frank teaser, care of Todd F.
http://www.ebay.com/itm/THE-BRIDE-OF-FRANKENSTEIN-1935-KARLOFF-TEASER-ONE-SHEET-UNIVERSAL-HORROR-/380872610529?pt=LH_DefaultDomain_0&hash=item58adc6d2e1
Yes.. a mid auction topic, but is relevant here in that it also shows someone who has a couple pieces in their collection that have been priced at this number and beyond.
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Still hoping.
For a cool $1.5 mil
Bride of Frank teaser, care of Todd F.
(http://boards.collectors-society.com/images/graemlins/default/27_laughing.gif)
Well if you're not going to sell a poster, better to not sell it at double your previous asking price.
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;D
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Chris and Rich are also touching on the edges of the generational collector issue.
Us old farts are starting to look at shedding our collections. We will be dying off in larger numbers soon and this material will come on the market. However, as noted, the people who are stepping up are not interested in westerns of the 40s. They want Star Wars, Trek, John Hughes, 80s slasher, etc.
The value will continue to rise on this material, but frankly there is a lot of it around. Probably enough to satisfy desire and keep prices in the hundreds to thousands range.
Early material was mostly destroyed, so a Dracula is really rare and desirable by people who know the movie. Fewer of the younger collectors know or care about early Universal horror.
Taken together a $1M poster is becoming less likely.
So it sounds like what you are saying is:
At the beginning and at the end, the market value of movie posters will always be pegged at the cost of attic insulation. Less than 1% have the chance to become valuable in the interim. :)
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sm1
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So it sounds like what you are saying is:
At the beginning and at the end, the market value of movie posters will always be pegged at the cost of attic insulation. Less than 1% have the chance to become valuable in the interim. :)
that is an interesting take and probably not far off for 99% of the material
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that's the standard fee at that price level.
I know in the comics area, a friend of mine consigned a book that sold for over a million $ and made a special deal that he paid no fee and even got half of the BP!
so who has a million dollar poster?
Todd Feiertag? ;D
Speaking of million dollar posters ... this thread ponders and debates that very idea.
So giving it a little bump.gif nice.thread
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The half million+ mark reached not too long ago at HA - $525,800.00
https://movieposters.ha.com/itm/movie-posters/horror/dracula-universal-1931-one-sheet-27-x-41-style-a/a/7167-86267.s
But that next half mil climb to reach a $1M poster sale sure is a long way to go.
(https://dyn1.heritagestatic.com/lf?set=path%5B1%2F6%2F0%2F9%2F2%2F16092229%5D%2Csizedata%5B850x600%5D&call=url%5Bfile%3Aproduct.chain%5D)
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But that next half mil climb to reach a $1M poster sale sure is a long way to go.
I would almost say if anything, we are even further away than before.
The old auction "record" has been broken three times by Heritage since this thread started, and a couple of the big money players have already left the hobby.
Even though Heritage passed the half million mark, it certainly seems like posters are falling even further behind the other hobbies - Comics have had multiple multi-million dollar sales, and now post-war baseball cards have seen a million dollar sale since this thread started.
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I have to agree with Sean, that compared to other hobbies, movie posters lags behind by a considerable margin and we are unlikely to see a million dollar poster anytime soon. Though I don't think there is any question that when it happens, it is going to happen at Heritage
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I wonder if in the right setting (HA or another very high profile auction house like Christies or Bonhams), with the 2 right bidders etc, if the only known 6 sheet from Frankenstein could be the first to break the million dollar mark?
(https://i.imgur.com/M7jhRAg.jpg)
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with the 2 right bidders etc, if the only known 6 sheet from Frankenstein could be the first to break the million dollar mark?
With the right two bidders, anything can break the million dollar mark.
But it looks like there are less willing and able bidders right now who would do so then there have been in the past.
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With the right two bidders, anything can break the million dollar mark.
But it looks like there are less willing and able bidders right now who would do so then there have been in the past.
And in 4 days, might it happen?? You Never know.... whistle.gif
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https://www.sothebys.com/buy/8d77317d-24f4-42c3-9226-5dcb00b9ca26/lots/c69e7ab8-0905-4174-8255-0c3ca529107c (https://www.sothebys.com/buy/8d77317d-24f4-42c3-9226-5dcb00b9ca26/lots/c69e7ab8-0905-4174-8255-0c3ca529107c)
(https://us.v-cdn.net/5021828/uploads/editor/0v/9eny9y8vw68c.jpeg)
The Sotheby's Mummy failed to get its starting bid (with BP) but I screen-shot its XXL image and patched together:
(http://www.moviepostercollectors.guide/Storage/MummyXXL.jpg)
*****
They confirmed it was subject to BP:
Maher, John
Oct 21, 2018, 10:16 AM
to me
Dear Mel,
Thank you so much for your note and for your interest in the Mummy poster. Your website is wonderful!
The Mummy poster auction is subject to buyer’s premium. The buyer’s premium schedule is 25% of the hammer price up to and including $300,000, 20% of any amounts in excess of $300,000 up to and including $4,000,000, and 12.9% of any amounts in excess of $4,000,000.
Thank you again for your interest, and please let me know of any other questions.
All my best,
John
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^ so a $1 million bid would have meant having to pay $215,000 BP ;D