Why is Nicolas Cage selling all of these collectibles all of a sudden?

For the same reason any other collector sells their merchandise. They get tired of hanging onto it and make a huge chunk of money by getting rid of it. I've got some collectibles I've been hanging onto since 1998-99. But unfortunately ebay makes selling things difficult. But then again things only 10 years old isn't worth as much as things 30-40 years old....

But honestly who knows, maybe Nicolas Cage probably just started cleaning his house and found them stuffed in a closet. Or got sick of holding onto them. Though I'm surprised he didn't make more money considering not only is it rare, old, original, and dedicated to an aging masterpiece, but it was held by a famous celebrity.

So either he didn't care too much for the amount of money and probably just wanted to get rid of it, but someone didn't praise it right or cheated him. I'd suggest about 600k-900k.... Find the right collector it'll push over 1mill.

Squirrel, has _any_ movie poster sold for over $1 million? I don't think the original manuscript for the novel Dracula has ever fetched that much. But I don't know the movie memorabilia market that well. If quirrel's right though it may actually rival the bids of original works of modern art ... which would be odd since we're technically talking reproductions.

Maybe he wants to finance a movie.
Or his wife made him.

When you're wealthy and you have collectibles and are a serious collector then you have no real intention of selling. You have your collection for the sake of having it. He shouldn't have to sell it. It just seems odd to me that he would sell something like that.

His comic book collection particularly surprised me considering he named his son after Superman.

Hello,
My name is Ralph DeLuca from Madison NJ. I am the CRAZY collector who purchased the Dracula AND the Freaks posters for my collection. I am always buying vintage movie posters, and as you can see I will pay what is needed to get posters I want. I am also happy to offer free appraisals to anyone that has a vintage movie poster, lobby card, etc. call me toll-free at 800-392-4050 or visit my website for more information.
Thanks
Ralph DeLuca

Mandy.... Only if you find the right bidder. Consider the age of the poster, its rarity, and of course had been possessed by Nicolas Cage himself. All of these factors encourage the value of the item.

Now I know Nicolas Cage is just an ordinary person and all, but he does have big fans out there that would be willing to lay down some big bucks just because cage's fingerprints were on it. I'm not saying I'm one of those people, but you'd be surprised lol.

Who knows why he sold it, maybe it was taking up space.... Possibly he got rid of it so some real fan of Dracula can have it, or maybe he felt he was getting too old for it, considering the 310k price he sold it for, it justs seems kind of too cheap to me. Maybe he never considered the fact because he was the owner the price would go up probably doesn't feel as if he's that big of a deal, nevertheless he does increase it's value.

But the buyer is in for a real treat. I'm sure he can get a hefty price for it if he sold it as long as he doesn't finger it too much.

Scifi fix the friggin captcha. 5 attempts is annoying

I have a number of collectibles that I spent a small fortune to get. I cherish them and unless the economy takes a further downshift I'll be holding onto them for another 25 years and sell the extra copies as my retirement fund :-)

No true collector sells anything they acquired! I think Cage did find it in a drawer or something and thought, "didn't even know this was here." So in that case he had no problem in selling it.

Cage is one of the true collectors of comics and sci-fi. I highly doubt he's broke though! I mean he just did 'Knowing' and was probably handed 15 or 20 million for it. Then again any man with kids my old man always says is broke anyway :-)

As I wrote above, I found Squirrel's claim kinda dubious, so I did some looking into the auction market. As expected $310k for the Drac poster is really high, an exceptional price for a movie poster, but one probably based on the worth of the poster and not the Cage possession factor. Just like the art market, collectors often don't care who owned it beforehand, as long as their a provenance chain of custody establishing the works authenticity. Movie posters of that era generally auction for $20k-$100k, though exceptional works do break into the multiple $100k range. So, Squirrel, I'm just curious where your knowledge of collectibles comes from so you can assert movie posters fetching over $1 million.

For folks interested, here's the website of the auction house that supervised the sale of the Drac poster, also has a hall of fame of notable movie posters they auctioned and what they earned:

http://movieposters.ha.com/common/search_results.php?N=54+790+231+&showHall=1

Marty B. if you knew anything at all you'd know people pay money for items oriuginally possessed by famous people. And you'd know that these days some people even go digging in garbage for items that has celebrity DNA on it then sell it. That's right people who spend their everyday lives surviving by digging through trash has a fatter wallet than you.

But if you want to take a 310k price off that poster go ahead. I guarantee I'll be richer than you by 3 weeks if I wait.

Squirrel, I do not dispute that people will pay significant money for something touched by celebrities. But do show me any individual item of Mr. Cage's that has fetched something in the 600k-900k range. There is some indication that his "ownership" of his comic books fetched more than their prior appraised rate. For instance his copy of Action Comics #1 got $15k more than it's estimated value. However, there's no clear way I know of to be sure that that was a result of Mr. Cage's ownership or a collector willing to pay that much for that specific book. You can read about that auction here:
http://www.ew.com/ew/article/0,,364626,00.html

That said, in no way do those factors give any credibility to your claim that Cage's simple ownership of the Dracula poster under discussion could warrant 2X 3X the value it was auctioned for. Again, as I've asked, show me a movie poster fetching close to $1 million.

I have no idea what you mean by "if you want to take a 310 k price off that poster." Do you mean I'm knocking off the 300-600k you armchair "appraised" it at? (Btw, the word for accessing value to an item is in fact "appraise," not "praise" as you put it). Or do you mean the poster wouldn't have fetched $310k without Cage's ownership? I just don't understand what you say I'm doing. Just like I don't understand your method of assigning value to this particular item. Are you saying the poster would fetch more if the auction house waited three weeks? Please. Collector's items like the one discussed in this article are not so easily "flipped," as is the case with works of art. The amount of value an item could garner beyond price paid in a 21 day period would be pathetic.

It is clear to me now that your understanding of this topic is based on some pretty simplistic premises that lack a nuanced grasp of the collector's marketplace. You threw what I thought were some outrageous figures up for a poster, regardless of who owned it. I challenged you to show me a movie poster fetching anywhere near the prices you were suggesting. Who knows, maybe I would have learned something about the poster market I didn't know. However, as I suspected, you were incapable of providing an example. Instead, you've just sputtered a simplistic understanding of how the celebrity memorabilia market works. In short, you've proven to me that you don't really know what you're talking about re: the movie memorabilia marketplace.

Marty B. whatever dude I forget you're a know it all. I ain't got the time to argue with you in every little simple topic I post in. Now push on.

It was a simple question, what movie poster has ever sold for $1million. I'll take your sputter and dismissive posturing (which anyone can read as backpedaling) as proof, once again, you didn't know what you were talking about in the first place. Whatever you need to stay full of it, man, it's cool.

It was more than 1 question you had several. I ain't gonna take the time out of my day analying every segment of your post tear it apart and reconstruct it with my points behind every single sentence. But just like the Terminator Salvation prequel/sequel argument we had not too long ago. Where do these debates lead us.... no where I ain't gonna change your mind you ain't gonna change my mind so why bother....

But since you have narrowed down your current posting to 1 question I'll answer it. The logic behind my statement isn't that a past poster has ever sold for 1 mill. The logic I was admitting was the idea of such a valuable "object" (not just a poster) being sold for under what it's worth.

Let's say all the way back when George Washington was President say he had a piece of paper which he signed and it became a tradition for all Presidents to sign it before taking office. All the way to Obama's signature. With every single President's fingerprints on this piece of paper don't you think it would be worth some money... If you say no then it's end of discussion period.

No Nicolas Cage was never a President, (figure I catch you on that before you threw that out there) but he's as famous as one.

Unless you find it fun and endearing I suggest you find a new target to argue with. And most importanly throwing out these links to other websites don't stir me. If you think your as intelligent you claim to be try backing up your statements with your OWN points, unless of course losing down to a discussion intimidates you enough to link a site for what you say in your words... "proof".

I've witnessed on too many occasions people making money off celebrity possesion based objects for some kid to detour me or to outspeak me from the facts. So I'll say again "PUSH ON" and yes you can quote me on that.

TRUST ME, the fact that this belonged to Nicholas Cage had ZERO to do with the high price. You guys infatuated with Cage and the value of his "fingerprints" are just a bit delussionally star stuck. Serious movie poster collectors don;t put value on the fact it was Nicholas Cage's. Maybe if it were a $10 poster, because it was his, may have raised the value to $11, but for a prize like Dracula, Cage's ownership, as I think the new owner would agree had ZERO influence on owning this "Holy Grail" of movie posters.

Marty B - here is what I see as obvious. You are arguing about a subject which you have shown evidence you are ignorant about. And, looks like you are just lonely for an argument. So, here is one for you to chew on - I know of THREE movie posters sold by a west coast memorabilia dealer that have sold via private sale, for $1M and Over. I am a movie poster dealer and have sold SEVERAL movie posters higher then any price guide or auction hosue listings, of which you are most likely using for oyur reference of argument. But, what you DON'T have is EXPERIENCE.

I never heard of a movie poster selling for a million dollars. The record is $690,000. I would be shocked to hear of anything higher than that for a single poster even in a private sale.

Ralph DeLuca
Madison, NJ