{"id":34341,"date":"2014-01-04T18:51:17","date_gmt":"2014-01-05T01:51:17","guid":{"rendered":"http:\/\/www.originalprop.com\/blog\/?p=34341"},"modified":"2014-01-11T19:39:48","modified_gmt":"2014-01-12T02:39:48","slug":"the-original-prop-blog-2013-year-in-review-news-developments-and-trends-in-collecting-original-tv-movie-props-costumes-and-pop-culture-memorabilia","status":"publish","type":"post","link":"https:\/\/www.originalprop.com\/blog\/2014\/01\/04\/the-original-prop-blog-2013-year-in-review-news-developments-and-trends-in-collecting-original-tv-movie-props-costumes-and-pop-culture-memorabilia\/","title":{"rendered":"The Original Prop Blog 2013 Year in Review: News, Developments, and Trends in Collecting Original TV &#038; Movie Props, Costumes and Pop Culture Memorabilia"},"content":{"rendered":"<p><a href=\"http:\/\/www.originalprop.com\/blog\/2014\/01\/04\/the-original-prop-blog-2013-year-in-review-news-developments-and-trends-in-collecting-original-tv-movie-props-costumes-and-pop-culture-memorabilia\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-34353\" alt=\"Original-Prop-Blog-2013-Pop-Culture-Collectibles-Memorabilia-Year-in-Review-Movie-Prop-Hobby-Editorial-x380\" src=\"http:\/\/www.originalprop.com\/blog\/dylsoagh\/2014\/01\/Original-Prop-Blog-2013-Pop-Culture-Collectibles-Memorabilia-Year-in-Review-Movie-Prop-Hobby-Editorial-x380.jpg\" width=\"380\" height=\"100\" srcset=\"https:\/\/www.originalprop.com\/blog\/dylsoagh\/2014\/01\/Original-Prop-Blog-2013-Pop-Culture-Collectibles-Memorabilia-Year-in-Review-Movie-Prop-Hobby-Editorial-x380.jpg 380w, https:\/\/www.originalprop.com\/blog\/dylsoagh\/2014\/01\/Original-Prop-Blog-2013-Pop-Culture-Collectibles-Memorabilia-Year-in-Review-Movie-Prop-Hobby-Editorial-x380-300x78.jpg 300w\" sizes=\"auto, (max-width: 380px) 100vw, 380px\" \/><\/a><\/p>\n<p>As per tradition, (see <a href=\"http:\/\/www.originalprop.com\/blog\/?p=1301\" target=\"_blank\">2007 Year in Review<\/a>, <a href=\"http:\/\/www.originalprop.com\/blog\/2008\/12\/30\/original-prop-hobby-2008-year-in-review\/\" target=\"_blank\">2008 Year in Review<\/a>, <a href=\"http:\/\/www.originalprop.com\/blog\/2010\/01\/03\/the-original-prop-blog-2009-year-in-review-news-developments-and-trends-in-collecting-original-movie-props-and-memorabilia\/\" target=\"_blank\">2009 Year in Review<\/a>, <a href=\"http:\/\/www.originalprop.com\/blog\/2011\/01\/06\/the-original-prop-blog-2010-year-in-review-news-developments-and-trends-in-collecting-original-movie-props-and-memorabilia\/\" target=\"_blank\">2010 Year in Review<\/a>, <a href=\"http:\/\/www.originalprop.com\/blog\/2012\/01\/08\/the-original-prop-blog-2011-year-in-review-news-developments-and-trends-in-collecting-original-tv-movie-props-costumes-and-pop-culture-memorabilia\/\" target=\"_blank\">2011 Year in Review,<\/a> <a href=\"http:\/\/www.originalprop.com\/blog\/2013\/01\/07\/the-original-prop-blog-2012-year-in-review-news-developments-and-trends-in-collecting-original-tv-movie-props-costumes-and-pop-culture-memorabilia\/\" target=\"_blank\">2012 Year in Review<\/a>), what follows is an editorial featuring my <em>personal observations and opinions<\/em> with regards to the business of buying, collecting, selling, and preserving original pop culture artifacts &#8211; looking back at the top trends, developments, and news stories of 2013. As is always the case, this is a completely subjective exercise, and merely touches on the developments and events that relate to the hobby. <\/p>\n<p>In past years, I&#8217;ve broken the year down into the Top 10 stories and developments.\u00a0 This year, I find that the one big issue &#8211; the state of the market &#8211; dominates all else, so I thought I would talk about that predominantly this year.<\/p>\n<p>My position has consistently been that the market for original television and movie props and costumes and related production material peaked with the first of two Debbie Reynolds auction events by Profiles in History, <a href=\"http:\/\/www.originalprop.com\/blog\/2011\/06\/20\/impressions-questions-profiles-in-historys-debbie-reynolds-sale-event-raises-the-bar-on-values-realized-at-auction\/\" target=\"_blank\">which took place in June 2011<\/a>, two and a half years ago.\u00a0 If there was a bubble, it burst following that auction.<\/p>\n<p>Markets generally are either on the upswing or in a decline, and I would say that this art collecting market has been in an overall decline after that first Debbie Reynolds sale.<\/p>\n<p>Yes, there are always going to be a handful of stand out lots with impressive results at auctions, but those have been the rare exception, not the rule.<\/p>\n<p>Profiles in History in particular has been the barometer of this market, in that they specialize in this material and have two to three giant auctions focused on Hollywood memorabilia every year, going back to 1995.\u00a0 They have also consistently realized the most impressive results in this hobby.<\/p>\n<p>Compared with past auctions, I would say their two big &#8220;Hollywood Auction&#8221; events in 2013 were particularly bad, overall.<\/p>\n<p>The funny thing is, as apparent as it might be to me and others, some just don&#8217;t get it.<\/p>\n<p>I was in London in December, and met up with others in the hobby at the Knightsbridge Bonhams auction, and in chatting with other collectors pre-auction, I was discussing this very topic, and a few looked at me like I had three heads.<\/p>\n<p>I&#8217;ve come to think of this category of hobbyists as &#8220;market deniers&#8221;.\u00a0 In much the way I talked about the &#8220;I want to believe&#8221; syndrome with some people with regards to authenticity, I speculate that for some the same sort of blinders are applied when looking at the state of the market.<\/p>\n<p>I think part of it is that some are so invested in the bubble, by virtue of their collections, that it is impossible for them to see the market for what it is, as it means that the equity in their collections as taken a big hit, and is continuing to erode away.<\/p>\n<p>Regardless, some still chase the market with &#8220;jackpot&#8221; reserves and estimates on their pieces consigned to auctions, and we see much of this material going unsold.\u00a0 Now it is more like playing the Hollywood memorabilia lotto, and chances for a big payoff are coming into the same alignment, in terms of statistics.<\/p>\n<h2>10) Breaking Bad and Hunger Games<\/h2>\n<p>In spite of the overall declining market, there have been a few properties with which things sold for more than might have been expected in 2013.\u00a0 And I think that this is consistent with what we&#8217;ve seen in the past with high profile, single property sales like L<em>OST, Captain America, Star Trek,<\/em> and things along those lines.\u00a0 And expect that this will always be the case.\u00a0 But newcomers Blacksparrow and ScreenBid had some real stand out results with <em>Hunger Games<\/em> and <em>Breaking Bad<\/em> respectively.\u00a0 Both auction houses also seem to have their acts together, for new endeavors in the hobby.<\/p>\n<h2>9) People Keep Complaining About Premiere Props, Keep Doing Business with Them<\/h2>\n<p>I have a steady flow of people coming to me privately with complaints about Premiere Props &#8211; buyers and consignors &#8211; and this has been true for years.\u00a0 And much of these types of complaints find their way onto various discussion forums and the like&#8230;\u00a0 yet people still do business with them.\u00a0 And then complain.\u00a0 And then do business with them.\u00a0 I don&#8217;t know what to say about it.\u00a0 They have crafted their reputation, but I guess some don&#8217;t do their due diligence, and some just don&#8217;t care.\u00a0 But this is an ongoing constant, and I imagine 2014 will be no different.<\/p>\n<h2>8) Reality TV Gets Even Worse<\/h2>\n<p>As articulated in the past, I&#8217;m not a fan of <em>Hollywood Treasure<\/em> for a variety of reasons, but it seems to have come to an end anyway.\u00a0 But that show is like the modern day television equivalent of <em>Citizen Kane <\/em>compared with the atrocious mess that is <em>Beverly Hills Pawn<\/em>.<\/p>\n<p>I actually wrote a review of it earlier this year, but did not publish it as I really hadn&#8217;t eviscerated something so completely as I did that show.\u00a0 But it was cathartic, and I made myself laugh.\u00a0 I never thought someone could match <em>Comic Book Men<\/em> for worst &#8220;reality&#8221; television show ever, but maybe that is the show&#8217;s one real accomplishment.\u00a0 I would probably hate it even more if I could understand what the star of the show was actually saying.<\/p>\n<p>Like <em>Indiana Jones 4<\/em>, it&#8217;s one of those impossibly bad shows where you can&#8217;t begin to critique it, as where would you stop.\u00a0 It&#8217;s just awful and stupid.\u00a0 But at least they stopped calling me and e-mailing me asking me to come on the show to sell something, or not sell something, or pretend to sell something, or have someone cast as me to sell or not sell or pretend to sell something&#8230;<\/p>\n<p>The good news is, it can&#8217;t get any worse than it is today.<\/p>\n<h2>7) Mystery of MovieProps DNA (MPDNA)<\/h2>\n<p>Like Beverly Hills Pawn, MovieProps DNA is another seemingly half baked idea, attached to but supposedly unaffiliated with Premiere Props.<\/p>\n<p><a href=\"http:\/\/www.originalprop.com\/blog\/2013\/09\/02\/premiere-props-does-soft-launch-of-new-movieprops-dna-mpdna-authentication-system-with-dna-ink-and-panel-of-industry-experts\/\" target=\"_blank\">I posed questions about it all back in September<\/a>, but never received any answers.<\/p>\n<p>No one seems to really get it.\u00a0 Nor has the &#8220;panel of industry experts&#8221; ever been announced.\u00a0 I don&#8217;t even know if it exists anymore, in that if you go to the official webpage &#8211; <a href=\"http:\/\/www.moviepropsdna.com\" target=\"_blank\">www.moviepropsdna.com<\/a> &#8211; is returns &#8220;service unavailable&#8221;.\u00a0 Maybe that is truth in advertising?<\/p>\n<h2>6) More Auctions, More Auction Houses, More Material<\/h2>\n<p>Profiles in History, Heritage Auction, Christie&#8217;s, Julien&#8217;s Auctions, Bonhams, ScreenUsed, Premiere Props, Guernsey&#8217;s, RR Auction, Nate D. Sanders, Blacksparrow, Mercer Auctions, Anovos, VIP Auctions&#8230;<\/p>\n<p>I&#8217;ve probably missed a few, but you get the point.\u00a0 And there is more and more material, more frequent auctions, larger auctions&#8230;\u00a0 and this is all in a declining market.\u00a0 But, competition is good, so hopefully that will lead to some positives.\u00a0 But an interesting development in any event.<\/p>\n<h2>5) Confidential Reserves and Chandelier\/Shill Bidding Issues Linger<\/h2>\n<p>We started and ended the year with mainstream attention on this important issue.\u00a0 That probably won&#8217;t change anytime soon, and never globally self correct.<\/p>\n<ul>\n<li><strong><a href=\"http:\/\/www.originalprop.com\/blog\/2013\/01\/30\/new-york-times-article-highlights-issues-of-auction-oversight-discusses-use-of-chandelier-and-sham-bids-in-art-market\/\" target=\"_blank\">New York Times Article Highlights Issues of Auction Oversight &amp; Transparency; Discusses Use of Chandelier and Sham Bids in Art Market<\/a><\/strong><\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"http:\/\/www.originalprop.com\/blog\/2013\/12\/02\/gallerist-feature-tackles-auction-house-hidden-reserves-and-transparency-heritage-auctions-leading-in-this-regard-with-publicly-disclosed-reserves\/\" target=\"_blank\">Gallerist Feature Tackles Auction House (Hidden) Reserves and Transparency \u2013 Heritage Auctions Leading in This Regard with Publicly Disclosed Reserves<\/a><\/strong><\/li>\n<\/ul>\n<h2>4) Live Auctions vs Online Auctions<\/h2>\n<p>There seems to be a trend of auction houses shifting to an online-only auction format, rather than a live, in-person auction with online bidding as an option.<\/p>\n<p>ScreenUsed, ScreenBid, RR Auction, Nate D. Sanders&#8230;\u00a0 heck, even Christie&#8217;s did their <a href=\"http:\/\/www.originalprop.com\/blog\/2013\/11\/29\/christies-south-kensington-100-years-of-pop-culture-online-only-auction-november-26-through-december-5\" target=\"_blank\">&#8220;100 Years of Pop Culture&#8221; auction<\/a> as online-only a month ago.<\/p>\n<h2>3) Bill Mastro Pleads Guilty<\/h2>\n<p>Finally.<\/p>\n<ul>\n<li><a href=\"http:\/\/www.originalprop.com\/blog\/2013\/10\/11\/mastro-auctions-scandal-bill-mastro-pleads-guilty-to-fraud-faces-up-to-five-years-in-prison\/\" target=\"_blank\"><strong>Mastro Auctions Scandal: Bill Mastro Pleads Guilty To Fraud &amp; Altering Memorabilia; Faces Up To Five Years in Prison<\/strong><\/a><\/li>\n<\/ul>\n<p>Hopefully the tip of the iceberg.\u00a0 And hopefully some attention will be paid to Hollywood memorabilia, and not just sports memorabilia&#8230;<\/p>\n<h2>2) Confessions of a Fraud<\/h2>\n<p>I love this story.\u00a0 A rare spotlight on honesty in what no one wants to believe.\u00a0 I&#8217;m sure it happens on a much, much higher order of magnitude in this art market.\u00a0 Absolutely positive.<\/p>\n<ul>\n<li><a href=\"http:\/\/www.originalprop.com\/blog\/2013\/03\/05\/a-confession-and-the-psychology-of-a-fraud-and-forger-caveat-emptor\/\" target=\"_blank\"><strong>A Confession and The Psychology of a Fraud and Forger (\u201cCaveat Emptor\u201d)<\/strong><\/a><\/li>\n<\/ul>\n<h2>1) Market Decline, Denial, &#8220;Jackpot&#8221; Estimates\/Reserves<\/h2>\n<p>So this is pretty much the same choice as in my 2012 Year in Review article, which I&#8217;ve copied below:<\/p>\n<blockquote>\n<h2>1) The Bubble (\u201cJackpot\u201d Estimates Jump The Shark?)<\/h2>\n<p>\u201cThe Bubble\u201d was the number one story on my 2011 list, and has been at the forefront of topics for 2012 as well.<\/p>\n<p>Is there an artificially inflated market?\u00a0 Are there signs of a bubble bursting?\u00a0 Or are values merely leveling off, or cycling?\u00a0 Are collectors becoming investors looking to metaphorically \u201chit the jackpot\u201d by setting high reserves and estimates on consignments to auction houses, hoping to lure lightening into a bottle?\u00a0 Will the auction houses \u201cself police\u201d this trend and force consignors to set realistic values on pieces for sale, or continue with \u201chopeful\u201d estimates with high (and sometimes unprecedented) opening minimum bids?<\/p>\n<p>I don\u2019t have the answers to any of these questions, but perhaps 2013 will prove informative.<\/p>\n<p>Maybe the most significant data to mine with regards to these questions are the results from the last Profiles in History auction of 2012 (see <a href=\"http:\/\/www.originalprop.com\/blog\/2012\/12\/20\/profiles-in-history-hollywood-auction-53-results-in-passed-lots-a-few-surprises-jackpot-reservesestimates-finally-out-of-control\/\" target=\"_blank\">\u201cProfiles in History \u2018Hollywood Auction 53\u2032 Results in Passed Lots, A Few Surprises; \u201cJackpot\u201d Reserves\/Estimates Finally Out of Control?\u201d<\/a>).<\/p><\/blockquote>\n<p>I followed-up on this again in August of this year, after Profiles in History&#8217;s Summer auction:<\/p>\n<ul>\n<li><a href=\"http:\/\/www.originalprop.com\/blog\/2013\/08\/07\/profiles-in-history-hollywood-auction-56-dreier-collection-part-2-post-auction-reaction-update-on-jackpot-reservesestimates-finally-out-of-control-8-months-later\/\" target=\"_blank\"><strong>Profiles in History \u2018Hollywood Auction 56\u2032, \u2018Dreier Collection, Part 2\u2032 Post Auction Reaction \u2013 Update on \u201cJackpot Reserves\/Estimates Finally Out of Control?\u201d (8 Months Later)<\/strong><\/a><\/li>\n<\/ul>\n<p>Of course, I also wrote extensively about &#8220;The Bubble&#8221; in an editorial two years ago, in December 2011:<\/p>\n<ul>\n<li><a href=\"http:\/\/www.originalprop.com\/blog\/2011\/12\/26\/editorial-december-entertainment-memorabilia-pop-culture-auction-review-and-the-bubble\/\" target=\"_blank\"><strong>Editorial: December Entertainment Memorabilia Pop Culture Auction Review and \u201cThe Bubble\u201d<\/strong><\/a><\/li>\n<\/ul>\n<p>Really, all one needs to do to see the pattern is do some &#8220;apples to apples&#8221; comparisons.<\/p>\n<p>One of a handful of bright spots for Profiles in History in December 2012 was their sale of the Legolas bow from <em>Lord of the Rings<\/em> for $310,000 ($372,000 with buyer&#8217;s premium).<\/p>\n<p>Fast forward to their December 2013 sale, and Frodo&#8217;s &#8220;Sting&#8221; sword (a better prop though with lesser provenance) sold for just $65,000 ($78,000 with buyer&#8217;s premium).\u00a0 Julien&#8217;s Auctions sold the same piece for twice as much &#8211; $130,000 ($156,000 with buyer&#8217;s premium) &#8211; a few weeks earlier in their Trilogy Collection sale.<\/p>\n<p>Their highest priced piece of the sale for contemporary Hollywood props and costumes was the Han Solo stunt blaster, which sold at $200,000.\u00a0 But it would appear that was the reserve (the low estimate), making it more of a successful &#8220;jackpot&#8221;-style, Buy It Now kind of proposition, more than competitive bidders pushing it up to that amount and determining a real market value.<\/p>\n<p>More interesting to me are the passed lots (particularly because Profiles in History did seem to get their reserves and estimates down a bit on *some* lots with their last sale).\u00a0 Passed lots include Dick Van Dyke&#8217;s jacket from <em>Mary Poppins<\/em> ($80,000-$100,000 estimate), Steve McQueen&#8217;s Gulf racing jacket ($80,000-$100,000 estimate), Batmobile interior ($60,000-$80,000 estimate), Steve McQueen&#8217;s motorcycle ($50,000-$70,000 estimate), Michael Keaton <em>Batman Returns <\/em>costume ($40,000-$60,000 estimate), <em>Titanic <\/em>lifeboat ($40,000-$60,000 estimate), <em>Titanic<\/em> engagement ring ($30,000-$50,000 estimate), etc.<\/p>\n<p>As I&#8217;ve explained to others, Profiles will blow something out of the park &#8211; with a first offering of a particular item from a film or associated with a star &#8211; and then try to duplicate and not measure up to that initial success.<\/p>\n<p>Obviously they&#8217;ve done really well in the past with Steve McQueen, <em>Mary Poppins, Batman, Titanic<\/em>&#8230; but then price to that success and end up with a bunch of passed lots (or in the case of Lord of the Rings, poor results with lower estimates).<\/p>\n<p>Even medium-level value stuff got a lot of passes&#8230;\u00a0 no buyers for an Endor blaster rifle from <em>Return of the Jedi <\/em>for $15,000?\u00a0 No buyers for a Scotty TOS tunic for $15,000?\u00a0 No buyers for a Spock ST:TMP uniform for $15,000?\u00a0 No buyers for a complete <em>Tron<\/em> costume for $15,000?<\/p>\n<p>Even some of the items that did sell went for shockingly low prices&#8230;\u00a0 $20,000 for a Daniel Craig <em>James Bond<\/em> tuxedo from <em>Casino Royale<\/em>?\u00a0 $22,500 for a Captain Kirk TOS spacesuit?\u00a0 $15,000 for a <em>20,000 Leagues Under the Sea <\/em>large-scale submarine?<\/p>\n<p>In December 2011, Profiles in History sold the Robin Williams \u201cMork from Ork\u201d Signature Space Suit Costume for $49,200 (including buyer premium) and two years later, with last month&#8217;s sale, it was passed and unsold with a $20,000-$30,000 pre-sale estimate (and presumably a $20,000 reserve).<\/p>\n<p>In November 2010, Profiles in History sold the Original Golden Ticket from <em>Willy Wonka and the Chocolate Factory<\/em> for $47,500 (including buyer premium) and two years later, with last month&#8217;s sale, it sold for $27,500 (including buyer premium).<\/p>\n<p>In December 2005, Profiles in History sold the Antonio Banderas hero &#8220;Zorro&#8221; costume from <em>The Mask of Zorro<\/em> for $35,000, and the same style costume went unsold in May 2009, June 2010, and again now in December 2013 with a $15,000-$20,000 pre-sale estimate (and presumably a $15,000 reserve).<\/p>\n<p>In August 2007, Profiles in History sold the <em>Excalibur<\/em> sword for $20,000, and with their recent auction, it went passed unsold with a $12,000-$15,000 pre-sale estimate.<\/p>\n<p>In December 2007, Profiles in History sold a LeVar Burton &#8220;Geordi La Forge&#8221; hero VISOR from <em>Star Trek: The Next Generation<\/em> for $15,000.\u00a0 In May 2011, they sold one for $6,000, and then in December 2012 they sold one for $7,000.\u00a0 With last month&#8217;s sale, Profiles in History put up the same prop with a $4,000-$6,000 estimate and it was passed with no sale.<\/p>\n<p>In any event, there seems to be a large-scale, buyer market adjustment going on&#8230;\u00a0 and it will be interesting to see how that continues to shake out across the industry.\u00a0 Regardless of what people want to believe.<\/p>\n<p>Jason DeBord<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As per tradition, (see 2007 Year in Review, 2008 Year in Review, 2009 Year in Review, 2010 Year in Review, 2011 Year in Review, 2012 Year in Review), what follows is an editorial featuring my personal observations and opinions with regards to the business of buying, collecting, selling, and preserving original pop culture artifacts &#8211; 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Movie Props, Costumes and Pop Culture Memorabilia - Movie Prop Collecting with Jason DeBord&#039;s Original Prop Blog Film &amp; TV Prop, Costume, Hollywood Memorablia Pop Culture Resource<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.originalprop.com\/blog\/2014\/01\/04\/the-original-prop-blog-2013-year-in-review-news-developments-and-trends-in-collecting-original-tv-movie-props-costumes-and-pop-culture-memorabilia\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Original Prop Blog 2013 Year in Review: News, Developments, and Trends in Collecting Original TV &amp; Movie Props, Costumes and Pop Culture Memorabilia - Movie Prop Collecting with Jason DeBord&#039;s Original Prop Blog Film &amp; TV Prop, Costume, Hollywood Memorablia Pop Culture Resource\" \/>\n<meta property=\"og:description\" content=\"As per tradition, (see 2007 Year in Review, 2008 Year in Review, 2009 Year in Review, 2010 Year in Review, 2011 Year in Review, 2012 Year in Review), what follows is an editorial featuring my personal observations and opinions with regards to the business of buying, collecting, selling, and preserving original pop culture artifacts &#8211; 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