By Lee Pfeiffer
Gone are the days when collecting classic movie posters was deemed the realm of eccentrics. In recent years, rare vintage posters from classic titles can command hundreds of thousands of dollars each. Ed and Sue Poole, who run the terrific web site
Learn About Movie Posters have an astounding report on a fraud case that is rocking the high-end auction circuit for movie posters. It is alleged that an unscrupulous dealer has managed to fake some of the most desirable titles and sell them as originals for sky high prices. Even the major auction houses were alleged to have been defrauded. The consequences are serious: those who claim to have been defrauded cite losses approaching $2 million. The full extent of the problem is not known, but Ed and Sue are on the case and updating collectors with the latest from court dockets relating to the suits filed against the alleged fraudster. Most of the titles concern high end Universal horror classics such as
Frankenstein and
Dracula. To read the report
click here