World’s most expensive movie poster will go under the hammer again


It must be sheer delight for movie poster collectors to hear about a rare and coveted Metropolis movie poster to be auctioned off soon. The poster- one of only four known surviving copies from the 1927 silent classic has been seized as part of a Chapter 7 liquidation bankruptcy case involving its owner Kenneth Schacter who is also a well known collector. The poster was created by german painter Heinz Schulz-Neudamm for the 1927 flick Metropolis which is generally considered a master piece of early German filmmaking and the forerunner of modern science fiction movies.

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Although the seized poster is an international version, its beautiful art deco design hailed it as the crown jewel of the poster world, pushing its price sky-high in the open market. Although Schacter has purchased the poster for $690,000 in 2005, he estimated its value at a comical $250,000. The poster had been offered for sale in March for $850,000 by Movieposterexchange.com. This time it is estimated to fetch more than a million.
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[Hollywoodreporter]

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