Gerald D. and Catherine Leibowitz - Page 14

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          Buyers who were not especially knowledgeable generally bought at            
          retail stores.                                                              
               Conventions catered mainly to dealers who bought on the                
          wholesale level and to serious or knowledgeable collectors who              
          sought the best bargains.  During this period, the same                     
          individual would very often participate in the convention market            
          as both dealer and collector.  Dealers and collectors would pore            
          through stacks of obscure titles of poorly regarded films (known            
          as “schlock”), looking for the rare bargain that could then be              
          resold in a retail store or through a catalog.  Movie memorabilia           
          conventions were mixed wholesale-retail markets, although tending           
          to be more wholesale than retail.  Some categories of movie                 
          memorabilia, such as twenty-four-sheets, six-sheets, and foreign            
          posters were rarely sold at conventions in the mid-1980's.                  
          Three-sheets were sold only in small quantities at conventions in           
          1985 and generally commanded relatively low prices--$1 or $2 per            
          item.                                                                       
               e.  The Collection                                                     
               The collection donated to AMMI in December 1985 consisted of           
          7,378 items, including 546 duplicates, of movie memorabilia from            
          659 different films.  The 546 duplicate items (nonaccessioned               
          inventory) were not assigned accession numbers by the museum.               
          The exact number of items in each category is shown in Table 1 in           
          the appendix, based upon an inventory conducted by AMMI in                  
          December 1994.  Most of the titles in the collection were of                




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