So an auction company not far from me, offered this poster.
Creature of the Black
Lagoon<http://morphyauctions.hibid.com/lot/16354803/1954-creature-from-the-black-lagoon-movie-poster-?pos=16354802&aview=0&cat=0&hide=0&q=457&qs=0&selcat=0&sort=1&view=0>
I went to look at it to see how bad it was and to see if it could be restored
at all. Now I'm no expert on restoration but after I Iooked at it, I wouldn't
touch it for even the reserve ($2,500). First is was indeed glued to a poster
board but on closer inspection it was painted on top of the board in many
places, including the top left hand portion of the poster. The hammer price
was $7,200 including the 20% auction premium.
Now I have no idea if the buyers were actual movie poster people or now but for
the sake of argument let's say they are not....then wouldn't they think they
have gotten a great price base on the estimated value of the lot which was btw
10k and 20k? I would say the estimate was very deceptive based on the real
condition of this poster.
BTW I think we are in the wrong paper business....a coca-cola book mark sold
for $10,200 (including 20%).
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