Sunday, December 09, 2012

Have a Cool Million?

Then you can bid on an extremely rare "Metropolis" movie poster.

From a story on Reuters...

The poster, one of four known surviving copies, was illustrated by German Heinz Schulz-Neudamm. One copy is in the collection of the Museum of Modern Art in New York.

The "Metropolis" poster is the crown jewel of the collection and was purchased by California collector Kenneth Schachter for a record $690,000 in 2005 private sale.

"We do expect people to overbid," Marcus A. Tompkins, a lawyer for the bankruptcy trustee, told Reuters. "We've been getting a lot of inquiries."

Schachter, a resident of Valencia about 30 miles northwest of Los Angeles, filed for bankruptcy last year after he was unable to repay loans he received to buy film memorabilia.

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