Movie poster collections are mostly owned by nerds or film geeks. Very rarely are they looked upon as any kind of serious collection. Well, check out Ebay or some of the other auction houses lately and you’ll see pretty quick that those of us who have been collecting and ending up with some serious film history on our greedy, little, movie hands.
On Ebay for example you may see someone pay $10-20 for a “Lord of the Rings” poster or $5-10 for a “Knocked Up” poster. That now pales in comparison to those paying as much as $47,000 for the one of the few remaining “Grand Hotel” posters.
Recently sold by the Austrian National Library in Vienna through an auction company in 2005, the most expensive movie poster was acquired by a private collector for $690,000. I think I have an inside track on who has it, but I’m not at liberty to say. Only three other copies of the poster are known to have survived to the current day—one in the Museum of Modern Art in New York, and now the other two in the hands of private collectors. The expensive poster was created to promote Fritz Lang’s 1927 science fiction masterpiece, “Metropolis.”
The German film, set in the year 2026, dealt with the schism between two societal castes in the film’s titular city—the wealthy thinkers and planners and the underground working class. The film cost roughly $200 million, in modern currency, to make and was the most expensive silent movie at the time of its release. Sadly, much of the original footage has been lost and it cannot be viewed in its intended form.
On a related note, renown collector and business consultant Doug Taylor will be auctioning part of his geek collection of original movie posters that won Best Picture at the Academy Awards. The auction is due to start during the 80th annual Oscars ceremony on February 24th, 2008. The collection, lacking only three Best Picture posters, is the most complete collection of such posters outside of the Academy itself. He hopes to make at least a million from the sale.