Is film memorabilia a worthwhile investment or a nerdy collectors quirk?
What To Start Collecting?
The most collected items of film memorabilia are movie posters, Whether you prefer Boris Karloff Horror or Classic Bogart Thriller, collecting film posters can improve your wealth as well as your walls.The price of these pieces has soared over the past 10 years, and forthcoming auctions at Bonhams' , Christie's and Coys' could see more records broken for posters advertising the films of Ealing Comedies from the Forties and American classics such as Breakfast at Tiffany's.
My Own Dr. No Poster (1962)
The market is proving strong for good quality pieces , Movie posters were not made to be kept – they were often papered over or just thrown away, so in many cases they simply did't survive the month the film was being shown.
Rarer posters can reach astonishing prices. A poster for the 1927 classic science fiction film Metropolis sold for £441,000 in 2005, and changed hands again as part of a lot of nine posters for £767,000 in 2012. So with the market constantly rising, a conservative estimate of £1M is easily achievable.
Collectors are often drawn to a particular film genre whether it's action, animation, comedy, film noir, science fiction and James Bond. The horror films of the Thirties are the most sought after and values have continued to increase over the past 10 years; posters can often sell for hundreds of thousands of pounds.
If you find yourself with an extra £100,000 burning a hole in your pocket, there have been plenty of signs that film memorabilia could be a worthwhile investment. London’s Victoria & Albert Museum drew massive crowds with its ‘Hollywood Costume’ exhibition. In the summer, the Barbican had a James Bond exhibition, while the sets, costumes and props from the Harry Potter series went on permanent display in Warner Bros. Studios in Leavesden.
In October, Christie’s held a ‘50 Years Of James Bond’ auction that saw £1,641,350 changing hands. We’re taking film memorabilia more seriously than ever, it seems — and we’re willing to pay serious prices for it.
Some memorabilia, also appears to be recession-proof. A customised Aston Martin DB5 used in Goldfinger and Thunderball, bought in 1970 for £5,000, sold in 2006 for £1.4 million. Four years later, even with a massive recession, another Aston Martin from the same Bond movies sold for £2.6 million.
The majority of clients at auctions are serious film fans. They buy things because they want a piece of a film that’s important to them, and it doesn’t make massive odds to them whether it’s valuable or not. If you buy a Stormtrooper helmet, it’s going to stay a Stormtrooper helmet however much it’s worth. So whether the price fluctuates or not, you'll still have a tangible piece of film history to enjoy.