Rare 1931 Dracula movie poster sells for $143,400
What is now being pictured as a growing trend in the industry, rare movie collectibles are gaining the interest of fans and collectors alike. If reports are to be believed, the last few years have actually shown a growth of almost 15 times, in terms of prices paid for movie related memorabilia. The enigma and historic value of cinematic memories are definitely on the rise, which a poster of the 1931 Dracula movie poster has just shown. Fetching $143,400, it stands as a stark contrast to the other 33 such posters which went on sale at the same auction conducted at Pennsylvania in the US. As a combined figure, the auction raked up $503,000 through the auction of rare posters such as these.
Going into the history, this poster depicts the 1931 classic movie, Dracula starring Bela Lugosi and Helen Chandler. It was perhaps the beginning of what became one of the most popular characters in the ‘fictional-horror’ genre, as many movies immortalized it over the years. However, what makes this poster memorable is, that only 4 of these ‘L’ styled posters are in existence today, the rest of which remain in private hands. Due to the overwhelming number of movies that came after that year, posters kept getting made and hence most were destroyed, and this one is rare sample of the original lot. Mr. Grey Smith, who happened to be the director of the auction, termed this poster as of the ‘Holy Grail’ of the most sought after of the ancient lot. He also indicates that these are going to be more precious in times to come, and owners would rarely look to resale them, without having it for a few years.
Seems like this is yet another avenue, where the ultra-rich folks would be investing in the years to come, much more for pride and economical reasons than just preference. Also, do check out the McQueen Le Mans suit auction, which rung the cash registers for the niche category of sports movie memorabilia. Makes us believe, the stranger it is, the more pricey they will be in coming years.
Via: Paul Fraser