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Passion Investments: Collectibles
Forever Young
Debra Ryono
03/01/2008

"Not everything goes up and up and up," Ettinger says. "Having said that, if you buy judiciously and look beyond what is trendy or hip, you can’t go wrong." He advises new collectors to spend their resources on a few great items rather than a lot of things that are only "pretty good."

BONANZA
Prices paid in 2007 for TV and movie memorabilia

Short Circuit and Short Circuit 2—Johnny-Five robot $138,000.

Alien—the alien $126,500.

The Wizard of Oz—guard costume $115,000.

Superman (1978 movie)—"Superman" costume $115,000.

Lost in Space—hero laser gun $92,000.

Raiders of the Lost Ark—Staff of Ra headpiece $69,000.

Star Trek—Leonard Nimoy "Spock" tunic $34,500.

And as with most collectibles, provenance is critical. Buyers should ask whether the item has ever appeared at auction before, and whether anything was said about it. "Frequently things that look too good are too good to be true," Ettinger warns. "It’s easy to create some of this mate-rial. There are bad people who are out there."

Once a collector has assembled a formidable collection, what’s next? Azarian lends out some items, although he adds, "For me, it’s an expensive hobby. It’s not a money-making venture, so I’m selective in loaning it out." His tiara from Wonder Woman was included in an exhibition at the Victoria and Albert Museum in London. Alongside gem-laden real tiaras was the TV prop: cardboard covered with gold lamé. He also renovated his home, adding a 2,500-square-foot museum room. While the house was undergoing construction, his collection was in storage for a year and a half. "I didn’t see anything. When I went to move it, it was like playing with my toys."

Debra Ryono is the managing editor of Worth.
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