Sun. Oct 20th, 2019

Earn money gathering movie and music memorabilia

Studying Time: four minutes

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 manner of being profitable will be to gather movie and music memorabilia. Props, costumes and uncommon information is usually a nice funding, with some invaluable objects 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…

Movie memorabilia
Music memorabilia
How a lot can I make?

Movie memorabilia

These collectables have grown in recognition as music and movies have grow to be greater enterprise over the previous few many years. Based on current stories, the movie memorabilia trade is now value £330 million and the worth of movie props has trebled up to now decade. If you happen to play your playing cards proper, you can take a slice of the pie.

The place are you able to take advantage of cash, you would possibly ask? The reply is that Hollywood memorabilia is way more well-liked (and due to this fact way more invaluable) than objects from British cinema. Even props and costumes associated to the largest British stars, equivalent to John Gielgud, Laurence Olivier and Vivien Leigh, pale compared to names like Marilyn Monroe and Greta Garbo. 

If you wish to make some critical money from movie memorabilia, the reply is obvious: do as others have accomplished earlier than you and, very similar to 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 notice: 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.

Wish 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 costliest little bit of Harry merch isn’t what you’d anticipate, 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.

Largest movie prop auctions of current 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 Woman, Audrey Hepburn’s derby gown, $three.7 million, 2011

Discover out how one can:

Earn money gathering Star Wars memorabilia
Earn money gathering James Bond memorabilia
Earn money from movie posters

Music memorabilia

Make money collecting film and music memorabilia

Relating to music, you’ll hardly be shocked to listen to that Beatles artifacts are essentially the most collectable worldwide. In November 2011 a letter written by Sir Paul McCartney in 1960 inviting a drummer to audition for the Beatles bought at Christie’s for £35,000. Extremely, the letter was present in a e-book purchased at a automotive boot sale, so you actually by no means know the place you would possibly discover a uncommon treasure. Extra not too long ago, the “world’s rarest Beatles album”, full with sketches from John Lennon, bought 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 bought at Christie’s for $three.97 million in 2019.

Evidently in music, even when not in movie, the Brits are bringing in essentially the most money.

All this sounds nice – however how do you go about build up a group 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 selected assortment reasonably than have bits and items from throughout.  Public sale homes are inclined to characteristic these collections and critical collectors are sometimes on the lookout for job tons, so build up a group based mostly round one very particular period, style or artist is prone to be your finest guess.

Discover out how one can make cash gathering Elvis Presley memorabilia. 

How a lot can I make gathering?

Unique copies of well-known information such because the Beatles’ White Album go for £200-300 and are a superb place to begin.  Work your manner as much as rarer objects and you can make hundreds.

When shopping for, check out websites equivalent to The Monster Firm, which has all kinds of props and memorabilia from movies previous and current. If you happen to can determine a recently-released movie which hasn’t skilled large recognition however you suppose may obtain cult standing in years to come back, you can get an actual cut price.

Fan boards are a superb place to try to promote, as is eBay in fact. Public sale homes equivalent to Christie’s and Bonhams commonly maintain well-liked tradition memorabilia auctions, with objects of various worth.

Prime greenback: 1983 Michael Jackson ‘Thriller’ jacket (£1.1 million – June 2011)

Don’t trouble: 2002 Navy uniform from James Bond movie ‘Die One other Day’ (£60 – June 2009)

Helpful hyperlinks

The Monster Firm: Film Memorabilia
Hero Prop
Christie’s
Bonhams
eBay (music memorabilia) 
eBay (movie props)
Sotheby’s Rock & Pop
Omega Auctions

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