Brian
You are correct! We will correct this to R78 and e-mail all the bidders.
You may not be aware, but back in the 1920s it was common for blockbuster movies to play only at ONE New York theater for a full year before it was released to the rest of the country! That let them charge much higher ticket prices, and build lots of good "word of mouth" during that year.
I wonder if they even bothered to make "regular" posters for that exclusive run, or if they were all "local theater" type posters (after all, why bother printing posters for one theater)?
Also, the number of theaters a movie could play in was always limited by the number of prints of the film that were made, and they were expensive. So if they made 200 prints, the movie could only play in 200 theaters at a time, and since there were tens of thousands of theaters it would take a couple of years (at least) for a movie to "make the rounds" (first playing in big cities, then small towns, then in bargain double bill theaters, etc).
Bruce