As noted in my interview with Troika Brodsky, the owner of the Lord of the Rings collection consigned to Julien’s Auctions, we have been friends for around a decade, so I was particularly interested in this auction. Julien’s Auctions held their “The Trilogy Collection: Props and Costumes from Middle-Earth” sale event this past Thursday, which featured 92 lots of original production assets from the Lord of the Rings trilogy of films made by Peter Jackson. I went down to Beverly Hills to attend the auction, so I thought I would share some thoughts and observations on the sale. [Read more…]
Profiles in History Files Fraud Lawsuit Against Non-Paying Auction Bidder on “Ten Commandments” Movie Prop Tablets
Auction house Profiles in History filed a lawsuit in Los Angeles Superior Court last week against one of its customers, Albert Tapper, claiming that the buyer won two items in their “Hollywood Auction 53” sale event last month, but only agreed to pay for one (“Lot 197 | Clark Gable early signed, handwritten letter to his dad”) that sold for $8,000 plus buyer’s premium, and not the more expensive lot (“Lot 422 | Charlton Heston “Moses” prop Ten Commandments tablets from The Ten Commandments”) which realized $60,000 plus buyer’s premium. [Read more…]
Auction House Buyer’s Premiums: On The Rise (Revisited Three Years Later – 2011 Update)
Back in 2008, the Original Prop Blog published an article about “Buyer’s Premiums” assessed by the major auction houses in the marketplace (see Auction House Buyer’s Premiums: On The Rise). With their upcoming Debbie Reyonlds sale in June, Profiles in History raised their rates by 5%, so I thought it would be an appropriate time to revisit the topic, as well as compare and contrast with findings from the article published May 30, 2008, with updates as of today, May 31, 2011 – three years later. [Read more…]