A sealed VHS copy of "Back to the Future" sold for $75,000 at the Auction. The original cast member consigned the videotape.
A sealed 1980s time-travel classic, Back To The Future, has been sold for $75,000 at auction.
At an auction of 260 sealed VHS tapes in Texas, a Biff Tannen video tape - which belonged to Tom Wilson from the film Biff Tannen - was the main attraction.
The shrink-wrapped tape from 1986 was rated and characterized as being in near mint condition, and the amount paid for it is considered the highest ever for a VHS tape.
Back to the Future II sold for $16,250, and Back to the Future III went for $13,750 in sealed copies. Both were accompanied by a signed backstory from late MCA executive vice-president, and Universal Pictures chairman Tom Pollock sold the entire trilogy for an estimated $10,000 in 1990.
Other big-budget films from the 1970s and 1980s, such as The Goonies, Jaws, and Ghostbusters, sold well, with sealed VHS copies selling for $50,000 (a Betamax copy was valued at $13,750), Ghostbuste$23.750 USD., and Top Gun receiving a promotional Pepsi hammered at $17,500.
"The results for Tom Wilson's Back to the Future tapes, for Goonies and Jaws and Ghostbusters and many others, were nothing short of amazing," says VHS Consignment Director Jay Carlson. "VHS collectors have never gone away, but interest in sealed VHS has blossomed in a way few could have imagined over the last couple of years. A few years ago, sealed VHS collectors were outliers in the collecting community, so it really is something to see it grow and attract enough new collectors to warrant a standalone auction at a major auction house. Based on everything I've seen today, VHS and home media have a bright future, and Heritage is just getting started."
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