Gerald D. and Catherine Leibowitz - Page 5

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          not faded.  The attachment of “snipes”, strips of paper printed             
          with messages such as “Return Engagement” pasted over a portion             
          of the poster, also detracts from a poster's condition, usually             
          lowering its classification.  Posters that have never been folded           
          or rolled may command a premium if they are from an older or                
          especially collectible title.  “Fine”, “Good”, and “Poor” posters           
          have increasingly obvious defects that will reduce their value.             
          Competent restoration of a damaged poster or other item of movie            
          memorabilia may enhance its value.                                          
               c.  Types of Movie Memorabilia                                         
               There are items in petitioner’s collection from each of the            
          following categories.                                                       
               (1) One-sheet (27 by 41 inches)--generally printed on light            
          paper stock.  The intrinsic artistic merit of one-sheets varies             
          substantially.  Some famous titles, such as “Across the Pacific”,           
          starring Humphrey Bogart, are prized by collectors despite their            
          poorly executed artwork because of the allure of the film or its            
          stars.  Another example is “The Miracle Worker”, a well-known               
          film in the collection whose poster artwork is generally regarded           
          as inferior.  On the other hand, there are many one-sheets of               
          lesser known titles that are acknowledged to have artistic merit.           
          Posters in either category could command considerable premium               
          prices in 1985.                                                             








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