IBJNews

Auction of superhero memorabilia nets $70,000

Back to TopCommentsE-mailPrintBookmark and Share

A vintage Superman costume worn by actor George Reeves in the 1950s superhero television series sold at an Indianapolis auction over the weekend for $5,250—a mere fraction of its estimated value.

The costume, said to be worth $120,000 to $150,000, was one of a few thousand Superman items that overall brought more than $70,000 at the Saturday sale.

George Reeves' Superman costumeGeorge Reeves' "Superman" costume is among items to be sold. (Photo courtesy Antique Helpers)

The mementos were owned by Fishers collector Dane Nash, who in March 2007 opened his American Super Heroes Museum in downtown Indianapolis. The museum closed just 10 months later after encountering legal and financial problems.

Items offered at auction were seized by court order and were offered without a reserve price, which likely led to more than a few bargains.

“Nothing sold for the kinds of values that were promoted by the museum,” said Dan Ripley, owner of Antique Helper Auctions, the local auction house that conducted the sale.

Still, Ripley considered the auction a success, judging by the number of bidders and interest from overseas.

Roughly 200 bidders attended the sale, in addition to about 150 others who either registered to bid online or by phone. Some of those submitted bids from as far away as Australia, Switzerland, the United Kingdom and Canada, Ripley said.

“Any time we have that amount of active bidding, we have to assume that we did our job, meaning we exposed it to the market,” he said.

The top-selling memento was a full-size Batmobile replica that fetched $12,000. A replica Batboat sold for $5,000.

Other big-ticket items included a costume worn by Dean Cain in the “Lois and Clark” TV series that brought $3,250, and another worn by the late Christopher Reeve in his “Superman” movies that reaped $3,000.

The auction lasted seven hours. Several smaller items were bundled together and sold in “lots.”

The assortment was considered to be the second-largest collection of Superman-related memorabilia in the world.

For reasons unknown to him, Ripley said, the entire collection had been offered and then removed twice at auction, in 2009 and 2010.
 

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. If I were a developer I would be looking at the Fountain Square and Fletcher Place neighborhoods instead of Broad Ripple. I would avoid the dysfunctional BRVA with all of their headaches. It's like deciding between a Blackberry or an iPhone 5s smartphone. BR is greatly in need of updates. It has become stale and outdated. Whereas Fountain Square, Fletcher Place and Mass Ave have become the "new" Broad Ripples. Every time I see people on the strip in BR on the weekend I want to ask them, "How is it you are not familiar with Fountain Square or Mass Ave? You have choices and you choose BR?" Long vacant storefronts like the old Scholar's Inn Bake House and ZA, both on prominent corners, hurt the village's image. Many business on the strip could use updated facades. Cigarette butt covered sidewalks and graffiti covered walls don't help either. The whole strip just looks like it needs to be power washed. I know there is more to the BRV than the 700-1100 blocks of Broad Ripple Ave, but that is what people see when they think of BR. It will always be a nice place live, but is quickly becoming a not-so-nice place to visit.

  2. I sure hope so and would gladly join a law suit against them. They flat out rob people and their little punk scam artist telephone losers actually enjoy it. I would love to run into one of them some day!!

  3. Biggest scam ever!! Took 307 out of my bank ac count. Never received a single call! They prey on new small business and flat out rob them! Do not sign up with these thieves. I filed a complaint with the ftc. I suggest doing the same ic they robbed you too.

  4. Woohoo! We're #200!!! Absolutely disgusting. Bring on the congestion. Indianapolis NEEDS it.

  5. So Westfield invested about $30M in developing Grand Park and attendance to date is good enough that local hotel can't meet the demand. Carmel invested $180M in the Palladium - which generates zero hotel demand for its casino acts. Which Mayor made the better decision?

ADVERTISEMENT