Hi JR-
    I agree with your points.   Maybe Profiles needs to have someone on staff  
who actually knows the insides and outs of the material they are offering.  I 
don't want to beat a dead horse, but  wasn't it Grey at Heritage who detected 
something fishy in some Universal horror pieces he was offered on consignment?  
  That really ratchets him and his poster division up several notches in trust 
for me.
     Steve

  ----- Original Message ----- 
  From: James Richard 
  To: [email protected] 
  Sent: Thursday, October 01, 2009 1:29 PM
  Subject: [MOPO] DRACULA-gate and Profile's Part in it


  Steve,

  While I think Profiles did a poor job of presenting the poster with their 
low-quality pictures and initial sketchy description, they actually *did* take 
responsibility and do the right thing prior to putting it in their catalog -- 
they went to one of the most respected experts in the field and paid him good 
money to carefully inspect and authenticate the DRACULA poster and issue a 
certificate to that effect. The fact that the expert blew it isn't really their 
fault and they continued to behave responsibly once others started pointing out 
problems. Well, OK, the community actually had to beat them over the head about 
it, but hey, they had paid for a certificate of authenticity from a recognized 
expert, so why shouldn't they have stood by it as long as they did?

  I don't believe that prior to these revelations that anyone in movie poster 
collecting would have had anything but high praise for John Davis and his 
capabilities. So, PIH went to the best available, not some fly-by-night 
so-called "expert."

  This whole incident just spotlights the fact that it is getting damn near 
impossible for someone to authenticate a linen-backed poster (or a card 
stock-based poster that has had its original card stock backing replaced).

  This is why I've been saying that the restoration and backing operations have 
to police themselves, form an organization to determine standards and practices 
(including identifying seals and serial numbers in ink on the back of the linen 
which would be linked to public disclosure of what work is done). This 
organization would then issue an "underwriters laboratory" seal which a 
cooperating restoration operations would display, thus assuring their customers 
that they were complying with those standards and practices.

  But what about the forger who puts on a fake seal and serial number from some 
reputable restoration service?

  Thats why public disclosure is absolutely necessary -- because if anyone can 
look at that number on the back of the linen-backed poster, call up that 
operation to confirm the number and that it is the same poster they are looking 
at (and what work was done to it), then putting such fraudulent identifying 
marks on a fake would be useless -- and in fact would set off an immediate 
alarm that someone was trying to pull a fast one.

  The place to stop this fraud is on the restoration and backing tables.

  -- JR

  Steven F. Poole wrote: 
         Bang up job on the letter, Rich.
      However, one area of all of this that I believe needs to be addressed is 
the responsibility of Profiles itself.  The auction house is not a "victim," 
really, in this fiasco.   As others have pointed out previously on this forum, 
the auction house which charges about 1/5 of the hammer price on an item MUST 
stand in the docket when the issue of fraud is raised.
        They (auction houses) wax enthusiastically about their offerings when 
it comes to advertising the wares that have been entrusted with on consignment. 
  They (auction houses) take their pound of flesh on both ends in the form of 
consignment fees and buyer's premiums.   They (auction houses) must be held 
accountable when they promote a poster that has a retail value of some $300 on 
the cover of their prestigious catalogue and estimate that same poster to have 
a possible auction value in the hundereds of thousands of dollars.    
         Sad, Sad, Sad. state of affairs. Proclaimed "ignorance" of printing 
techniques is no excuse whatsoever as to their culpability in this thwarted 
attempted massive fraud upon the hobby.
       
         Steve Poole (



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