There are several bidders for the world's highest-valued film poster - a rare copy of the groundbreaking 1927 science-fiction film “Metropolis,†according to the attorney handling the sale for a bankruptcy auction, Reuters reported.
The pos ter and eight other old film posters will bring at least $700,000 collectively at a Dec. 13 court auction in Los Angeles. The amount was set in an initial “stalking horse bid,†which sets a floor for bankruptcy auction prices. An original “King Kong†poster and an “Invisible Man†poster, both from 1933, are also for sale.
The “Metropolis†poster was bought by the collector Kenneth Schachter for $690,000 in a 2005 private sale. The poster is one of four known surviving copies. One is in the collection of the Museum of Modern Art in New York.
“Metropolis,†directed by Fritz Lang, was among the most expensive films at the time of its release and became a landmark of early filmmaking for its special effects and depiction of a futuristic dystopia.
