Rare movie posters found in Pa. attic fetch $503K
Baku, April 3 (AZERTAC). A group of rare classic movie posters found in a US attic is going on the auction block. The 33 posters from the Golden Age of Hollywood, found in Pennsylvania, are expected to bring at least $250 000 on March 23. They were stuck together with wallpaper glue when they were purchased for around $30 000 at an auction last fall. The buyer, who is remaining anonymous, consigned them to Heritage Auctions in Texas. That`s where the stack of posters was steamed and separated over the course of several weeks. The item expected to get the most attention is a 1931 poster for Dracula starring Bela Lugosi. Actor Nicolas Cage sold an identical poster in 2009 for $310 000. A collection of rare movie theater posters found in a northeastern Pennsylvania attic has fetched a total of $503,000 at auction. The sale of 33 posters from the Golden Age of Hollywood ended Friday at Heritage Auctions in Texas. The auction house said a rare 1931 poster for the movie “Dracula” topped the list with a selling price of $143,400. It sold to an anonymous overseas buyer. A surprise of the auction was the $101,575 price paid for the rare poster of the 1931 movie “Cimarron,” the first Western to win the Best Picture Academy Award. The posters were stuck together with wallpaper glue when they were purchased for around $30,000 at a country auction last fall in Berwick. The rare find was revealed as they were steamed apart.
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