I am auctioning heralds this week (hence the "FA" at the start of my post,
so it is clear this relates to my auctions), and I have a really excellent
collection of heralds this week (from two different people).

As I say on the auctions, "Many collectors (especially newer ones) seem
pretty much unaware of heralds which are basically tiny posters that were
given away to theaters to entice people into that theater.  They often
provide one of the absolute most affordable ways of getting an original
first release item from titles that otherwise sell for "out of this world"
prices!  Note that the heralds we are auctioning this week come from two
different exceptional collections we were consigned, and included in those
collections are some extremely rare titles, and almost all of the heralds
are in really excellent condition (they were either never used, or were used
once and then carefully stored away)."

My question to all you MoPo experts is, does it make sense they sell for a
tiny fraction of the price of a lobby card or poster?

Look at this one (1932's White Zombie):
http://auctions.emovieposter.com/Bidding.taf?_function=detail&Auction_uid1=1439580

It has a great image of Lugosi on the cover and inside as well, and it is
filled with tons of cool ad copy.

Now I have no clue, but I would think a first release one sheet would surely
sell for tens of thousands (hundreds of thousands if it were a "Buy It Now"
on eBay. I would think a full-color first release lobby card would surely
sell for thousands (but I seem to recall they are green and black).

Yet this herald (which is in great condition) languishes at $9 and might
well sell for $20 or $30! And the same can be said for many of the other
excellent 1920s and 1930s heralds I have currently listed.

Does that seem right to you, and does that mean that heralds just stink and
will never be worth anything, or does it mean that these are under-valued
and under-appreciated and will likely appreciate over the coming years
(especially as the posters and lobby cards completely dry up and are both
unavailable and unaffordable)?

Bruce

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