That’s the number at the end of the Captain America: The First Avenger Auction. Not a bad number.
But guess what? It could have been better. The Shields sold for about the right prices ($20K+) and the hero costume went better than expected ($190,000 hammer!). Yet, the Iron Man autopsy suit undersold at $110,000, in my opinion. In addition, there were two officially unsold lots. So in other words, if there were no unsolds and the autopsy sold for its proper value, then we are probably talking about $1.25M. For a 219 lot niche auction, that’s phenomenal.
Although C2E2 is not quite over (today is the 3rd and final day), the event has left me with several thoughts. One, the superhero genre, when well-produced, will have high value. Captain America: The First Avenger was a decent movie, but the quality of the props and costumes were superb. Rather than viewing items as investments, I think when you beginning talking about the high five-figures and six-figure dollar amounts, they enter the perimeters of fine art.
Two, this was our first away auction. Profiles has typically stayed within the comforts of Southern California, where setting up an auction–and display–requires minimal effort. Having this auction in Chicago indicated to me that we can take our show on the road and excel. That’s a great feeling to have. As good as this event has been, I think the next one will be better.
Finally, it’s important to have good people around you. I’ve been singularly blessed for having amazing people be involved. From the creativity of the displays to the brilliant raffle promotions to the versatility of improvising on the fly, a few selected people went beyond the call of duty to make this event successful. But beyond the execution, it was really the conscientiousness and core ethics of this special crew that made it all possible. They worked extra hours, shouldered more than they should, and not once thought of themselves. They say a good team is made of people who complement each other. I think a great team is one where everyone has each other’s backs.