{"id":27512,"date":"2011-12-26T21:32:04","date_gmt":"2011-12-27T05:32:04","guid":{"rendered":"http:\/\/www.originalprop.com\/blog\/?p=27512"},"modified":"2026-05-01T22:57:37","modified_gmt":"2026-05-02T05:57:37","slug":"editorial-december-entertainment-memorabilia-pop-culture-auction-review-and-the-bubble","status":"publish","type":"post","link":"https:\/\/www.originalprop.com\/blog\/2011\/12\/26\/editorial-december-entertainment-memorabilia-pop-culture-auction-review-and-the-bubble\/","title":{"rendered":"Editorial: December Entertainment Memorabilia Pop Culture Auction Review and “The Bubble”"},"content":{"rendered":"

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Now that I am back in the States, I thought I would take the time to review the results of the overwhelming number entertainment memorabilia auctions that took place throughout the month of December.\u00a0 Interestingly, while I personally met with a number of participants in our field while traveling in England and France this month, the one unsolicited and seemingly universal topic brought up by all was the question of “the Bubble”.\u00a0 Is there a bubble?\u00a0 If so, what are the contributing factors, and when and how will it burst?\u00a0 And what would the consequences be on our art market?\u00a0 Since the results of these high profile auctions speak to these notions and related speculation, I thought it would make sense to frame my results analysis in this discussion.<\/p>\n

It would seem the the origins of widespread talk about “the bubble” come from the first Debbie Reynolds auction held by Profiles in History back in June (see “Impressions, Questions: Profiles in History\u2019s Debbie Reynolds Sale Event Raises the Bar on Values Realized at Auction”<\/a>).<\/p>\n

Of course, the biggest news out of that auction was the sale of the Marilyn Monroe dress from The Seven Year Itch for over $5.6 million (with fees), though there was some post-sale analysis and questions that were of interest as well (see “The Marilyn Monroe Collection Blog Asks: \u201cWas It THE Dress?\u201d (Profiles in History\u2019s Debbie Reynolds Auction)”<\/a>, “The Marilyn Monroe Collection Blog: New Evidence \u201cThe Seven Year Itch\u201d Profiles in History Subway Dress Altered for \u201cBachelor Flat\u201d?”<\/a>).<\/p>\n

In any event, there is no denying that new benchmarks for prices were realized in this historic auction, which led to open questions about whether it was a unique sale with special circumstances, or a sign of further growth in the field.<\/p>\n

Given the number of auctions with quality material offered at public sale this month, it would seem an appropriate time to look at those results and consider the state of the market.<\/p>\n

Julien\u2019s Auctions<\/strong>
\nIcons & Idols \u2013 Sports & Rock \u2018n Roll
\nDecember 3-4, 2011
\nBeverly Hills, CA<\/h3>\n

Julien’s Auctions publishes their results in a concise format on their website:\u00a0 Sports, Historical, and Rock ‘n’ Roll<\/a>\u00a0 |\u00a0 Hollywood & Marilyn Monroe<\/a><\/p>\n

Notable Results – Sports, Historical, and Rock ‘n’ Roll:<\/span><\/p>\n

Lot 1008: Coca-Cola Bottle Original Sketch – $228,000<\/p>\n

Lot 1009: Coca-Cola Prototype Bottle – $240,000<\/p>\n