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Fancy your self a little bit of a movie buff? What a couple of music maestro?
If popular culture is your bag, a enjoyable and thrilling method of getting cash may be to gather movie and music memorabilia. Props, costumes and uncommon data could be a nice funding, with some precious gadgets turning up within the strangest locations.
Whether or not your pursuits lie with Elvis or The Spice Women, Kubrick or Coppola, check out MoneyMagpie’s information and bag your self a bit of leisure historical past…
These collectables have grown in reputation as music and movies have develop into greater enterprise over the previous few a long time. In response to latest stories, the movie memorabilia trade is now price £330 million and the worth of movie props has trebled previously decade. When you play your playing cards proper, you can take a slice of the pie.
The place are you able to take advantage of cash, you may ask? The reply is that Hollywood memorabilia is rather more widespread (and subsequently rather more precious) than gadgets from British cinema. Even props and costumes associated to the largest British stars, akin to John Gielgud, Laurence Olivier and Vivien Leigh, pale compared to names like Marilyn Monroe and Greta Garbo.
If you wish to make some severe money from movie memorabilia, the reply is evident: do as others have accomplished earlier than you and, very like fame-seekers and gold prospectors of the previous, head west (coast).
Movies franchises with a cult following, predictably, are good locations to begin. Star Wars followers take be aware: a Tie Fighter pilot helmet went for £216,000 in 2017, while Luke Skywalker’s lightsaber was snapped up for a cool $450,000 the identical 12 months.
Need to take a punt on a British icon? We’d advocate James Bond (Sean Connery’s Aston Martin, as seen in Goldfinger and Thunderball, went for $four.6 million in 2010) and, in fact, Harry Potter. The most costly little bit of Harry merch isn’t what you’d count on, although – the Golden Snitch and Harry’s Firebolt got here nowhere close to the £1.95 million that was spent on a hand-illustrated copy of The Tales Of Beedle The Bard in 2007.
Greatest movie prop auctions of latest years:
Casablanca, the piano, $three.four million, 2014
Forbidden Planet/The Invisible Boy, Robby the Robotic, $5.three million, 2017
The Seven 12 months Itch, Marilyn Monroe’s white gown, $four.6 million, 2011
The Maltese Falcon, $four.1 million, 2013
My Truthful Girl, Audrey Hepburn’s derby gown, $three.7 million, 2011
Discover out how one can:
On the subject of music, you’ll hardly be stunned to listen to that Beatles artifacts are probably the most collectable worldwide. In November 2011 a letter written by Sir Paul McCartney in 1960 inviting a drummer to audition for the Beatles offered at Christie’s for £35,000. Extremely, the letter was present in a e book purchased at a automobile boot sale, so you actually by no means know the place you may discover a uncommon treasure. Extra lately, the “world’s rarest Beatles album”, full with sketches from John Lennon, offered for £180,000 at public sale.
That’s nothing in comparison with the guitar as soon as performed as a part of Pink Floyd, although, which offered at Christie’s for $three.97 million in 2019.
Plainly in music, even when not in movie, the Brits are bringing in probably the most money.
All this sounds nice – however how do you go about increase a set of, and ultimately dealing in, movie and music collectables?
As a rule, it’s finest to focus on a selected artist or period that pursuits you to construct up a particular assortment relatively than have bits and items from throughout. Public sale homes are likely to characteristic these collections and severe collectors are sometimes searching for job tons, so increase a set primarily based round one very particular period, style or artist is prone to be your finest wager.
Discover out how one can become profitable gathering Elvis Presley memorabilia.
How a lot can I make gathering?
Unique copies of well-known data such because the Beatles’ White Album go for £200-300 and are a great place to begin. Work your method as much as rarer gadgets and you can make 1000’s.
When shopping for, check out websites akin to The Monster Firm, which has all kinds of props and memorabilia from movies previous and current. When you can establish a recently-released movie which hasn’t skilled large reputation however you suppose may obtain cult standing in years to return, you can get an actual cut price.
Fan boards are a great place to try to promote, as is eBay in fact. Public sale homes akin to Christie’s and Bonhams often maintain widespread tradition memorabilia auctions, with gadgets of various worth.
Prime greenback: 1983 Michael Jackson ‘Thriller’ jacket (£1.1 million – June 2011)
Don’t hassle: 2002 Army uniform from James Bond movie ‘Die One other Day’ (£60 – June 2009)