Sotheby's March 2019 Auction - Results
A few days ago we posted our highlights from Sotheby's March 2019 auction of Original Film Posters. Bidding closed on March 21st and there were some stunning results!
Here's how our picks fared...
(All images are owned by Sotheby's.)
“The Jungle Book” (1967), U.K. Quad – Estimate £400 - £600
Off a top estimate of £600, the winning bid was an incredible £16,250. Remember that the winning bidder also needs to pay a buyer's premium of circa 25%, plus VAT for bidders in the European Union. So, that £16,250 hammer price becomes a likely £20,000.
“Breakfast at Tiffany’s”, U.S. Insert – Estimate £2,400 - £3,600
Good Audrey Hepburn posters always fare well. Given some of the other results, perhaps the hammer price of £3,500 (~£4,375 in total) looks like a good buy…
“The Seven Year Itch” (1955), U.S. Theatrical Still – Estimate £400 - £600
We think that lobby cards and theatrical stills are currently undervalued, and perhaps this justifies our view. Off a high estimate of £600, this superb card hammered at £3,000 (~£3,750 in total).
“Dr. No” (1962), U.K. Quad – Estimate £12,000 - £18,000
James Bond posters continue to command a premium, especially material for the earlier films. This poster exceeded the high estimate of £18,000 by a massive margin, hammering at a fantastic £87,500 (~£109,375 total).
“2001 : A Space Odyssey”, Italian Poster – Estimate £800 - £1,200
Another great piece beating its high estimate, but showing good value at £1,250 (~£1,563 total).
“Star Wars”, U.S. One Sheet –Estimate £2,000 - £3,000
Our final pick was a great piece for the original Star Wars movie. Star Wars posters continue to excel and it more than doubled its high estimate, hammering at £6,250 (~£7,813 total).
There are some great results there that demonstrate rising demand at the high end of the market for fantastic original movie posters. Exciting!
Adam and the Art of the Movies team.