Emperors of a Tiny Kingdom

January 8, 2025

Heritage Auctions in Dallas, the world’s largest auction house for collectibles, just published their annual sales report for 2024: Total turnaround was 1.867 Billion Dollars. That’s $1,867,000,000.00.
Judy Garland’s Ruby Slippers from THE WIZARD OF OZ sold for $32.5 Million, making them one of most expensive collectibles ever sold.

They also sold almost $10 Million in movie posters. On first glance, this is a lot of money, but if you break it down, it only makes for little over 0.5% of Heritage’s total income. Let’s face it, in the big picture that IS somewhat embarrassing… Or as my old pal Rich Haluega from Las Vegas put it: ‘movie posters is the red-headed step-child of collectibles.’

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