Writer Gary Baum has written an interesting primer on the art market for original production material from film and television for Hollywood Reporter, which was published today. It takes a look at the market from several viewpoints – the increasing market and values, theft and fraud, some of the motivations behind collecting – and he interviewed principals in the industry such as Max Anderson of the Stan Lee Museum, Steve Sansweet of Rancho Obi-Wan, Darren Julien of Julien’s Auctions, James Comisar of the Comisar Collection, Joe Maddalena of Profiles in History, collector David Mandel, Jeff Pirtle of NBCUniversal, Brandon Alinger of Prop Store, Catherin Williamson of Bonhams, Laura Woolley of The Collector’s Lab, Jacob McMurray of Seattle’s Museum of Pop Culture, Margaret Barrett of Heritage Auctions as well as law enforcement, and it also gives some history of the hobby (and business) of buying and selling high end memorabilia. [Read more…]
UNSOLD: James Dean “Rebel Without A Cause” Red Jacket Fails To Sell In High Profile “Palm Beach Modern Auctions” Event
Palm Beach Modern Auctions received a lot of press in the mainstream media in the past few weeks for their red jacket attributed to the classic James Dean film, Rebel Without A Cause. The $400,000-$600,000 pre-sale estimate would imply that the jacket must have been worn by the star during production of the film… Perhaps the provenance supplied by the auction house was unconvincing, since it failed to sell at auction. [Read more…]
12-Year Prison Sentence for $23 Million Sports Memorabilia Fraud Scheme
As reported in the Chicago Tribune (“Collector given 12 years in prison for selling phony sports memorabilia“), John Rogers of Arkansas received a long sentence following his 45-minute statement to the court asking for leniency, at one point stating “I don’t deserve a break, but I’m asking you for one”. Rogers plead guilty to one count of wire fraud in March. Judge Dirkin said his fraud scheme was “breathtaking” and that Rogers “literally told thousands of lies to honest people to have them part with their money”. [Read more…]
KTNV13 Call For Action “Digging Into The Murky World of Memorabilia” Video Report
KTNV13 Call For Action broadcast this report on autographed and collectible memorabilia on their local ABC affiliate station in Las Vegas, and has also made the video available on their official website. The story discusses autographs and collector Steve Comolli’s purchases of memorabilia from Antiquities International in the Forum Shops at Caesars Palace. The report claims he purchased $20,000 worth of autographed memorabilia – “most” of it from Antiquities – and then tried to sell through Julien’s Auctions and Heritage Auction Galleries and that they “could not authenticate” what he wanted to sell through them. [Read more…]
California Assembly Continues To Confuse and Confound Marketplace with New Legislative “Fixes” to Autograph Law
The Original Prop Blog is more confused than ever with the ever evolving and changing law in California pertaining to the sale and purchase of autographed memorabilia. Governor Jerry Brown signed new changes into law in October, and rather than starting over with a new law that makes sense, they continue to tinker with the existing one which is just a terribly written (though well-intended) piece of legislation. Honestly, it’s gotten to the point where reading these bills and referencing back to the previous laws that the new fixes are supposed to… fix… just continue to make things more and more confusing. Confusing isn’t a strong enough word. Confounding? [Read more…]
WITHDRAWN: Bonhams Pulls “A Luke Skywalker Lightsaber used in Return of the Jedi” from “TCM Presents… Out Of This World!” Auction
Last week The Original Prop Blog published an article about the “A Luke Skywalker Lightsaber used in Return of the Jedi” prop up for public auction in their current “TCM Presents … Out of This World!” event scheduled to conclude on November 21st. The description in the online catalog had been edited to remove the (vague) details about the provenance, and the piece in question seems to match a “Return of the Jedi” lightsaber prop that I wrote about in 2013 that was offered for sale on eBay and seemed to have a connection with Elstree Props. Today, the lot is marked as “WITHDRAWN” on the item page. [Read more…]
“A Luke Skywalker Lightsaber used in Return of the Jedi” in Current Bonhams Auction Raises Questions
Bonhams has put up a piece for public auction in their current “TCM Presents … Out of This World!” event scheduled to conclude on November 21st – a prop which they describe as “A Luke Skywalker Lightsaber used in Return of the Jedi”. The description in the online catalog has been edited to remove the (vague) details about the provenance, and the piece in question seems to match a “Return of the Jedi” lightsaber prop that I wrote about in 2013 that was offered for sale on eBay and seemed to have a connection with Elstree Props (and went unsold with a high bid of $5,101 not reaching the reserve). The 2013 article about that “Return of the Jedi” lightsaber was one of a series of features published on the Original Prop Blog specifically about Elstree Props and lightsaber props attributed to Return of the Jedi (I even had an opportunity to ask Mark Hamill himself about one of these props at San Diego Comic Con in 2009). [Read more…]
California Assembly & Senate Continue To Confuse Marketplace with New Legislative “Fixes” to Autograph Law
In early 2016, I wrote a lengthy critique of the then proposed new “autograph anti-fraud legislation” introduced to the California Assembly. That bill was signed into law by Governor Jerry Brown, and sustained vocal opposition to the law continues, along with confusion in the marketplace in California. Government being government, there are now two different legislative “fixes” in the works that don’t address the myriad of problems that the terrible law put into effect. Additionally, Pacific Legal Foundation filed a lawsuit on behalf of Book Passage and Bill Petrocelli back in May, with the suit intended to challenge the “law that made the sale of autographed books unconscionably difficult”. [Read more…]