Trends in the Art Market
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One of the trends in the art market in recent years has involved the sale of movie memorabilia. There has been an increase in the number and size of such sales and considerable inflation in the prices paid for such goods as movie posters, lobby cards, props, costumes, and other movie-associated items. Goods associated with certain movies or certain stars command higher prices, and there are a number of specialty markets for goods in certain genres (Westerns, Science Fiction, Horror) as well as for more general goods. One of the things that first spurred this market was the decision on the part of some Hollywood studios to divest themselves of warehouses full of material that they no longer used and that were costing them for storage, thus putting more and more goods on the market and increasing interest on the part of the public. The market has accelerated. In the past, considerable time might pass before props and costumes would become very valuable, while today a hit movie can produce considerable interest within a short period of time.Entertainment collectibles, as they are called, have a value range from low to very high, depending on the film involved, the time that has passed, and the quality and preservation of the items themselves. These types of items are sold by dealers in entertainment memorabilia, general collectible shows, private collectors, and through auction houses. The field itself is enormous and encompasses everything from tickets to vaudeville
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als were to be returned to the film company so they could be used elsewhere. Not all theater owners followed these instructions, which is why many posters were held for years in storerooms, given to employees, or sold to early collectors. This situation is also one of the reasons why there are as many posters in circulation as there are, and the trend continued after 1945 when the National Screen Service took over the job of sending and retrieving movie publicity materials (Hughes 161).
The general price of movie memorabilia depends on the movie itself as the most important consideration, followed by the star and the rarity of the item. The classic Casablanca with Humphrey Bogart is a good example. It has appreciated greatly, from $5 to $10 in 1970, to around $1,000 in 1980, and to $7,000 to $8,000 around 1990. There can be other influences that change the price of an item. A 1940s Batman serial poster sold for $50 in 1987, and after the release of the Batman movie in 1989, the poster increased to $250. A Gone with the Wind title card sells for about $1,000, while one from The Wizard of Oz sells for about five times that only because that material is more scarce. Poster prices generally appreciate 10 to 20 percent per year.
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Some common words found in the essay are:
Fiction Horror, A4 Movie, II Visual, A4 Collectors, Stardust Memories, , Humphrey Bogart, Star Trek, Screen Service, Wizard Oz, movie posters, movie memorabilia, visual appeal, movie stars, stardust memories 110-112, marilyn monroe, posters produced, memories 110-112, 1940s batman, braham a4, age visual appeal, visual appeal movie, science fiction,
Approximate Word count = 1599
Approximate Pages = 6 (250 words per page)
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