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Back from the Dead, VHS Tapes Trigger a New Collecting Frenzy

A video recorder, in 2016 KAZUHIRO NOGI AFP
A video recorder, in 2016 KAZUHIRO NOGI AFP
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Back from the Dead, VHS Tapes Trigger a New Collecting Frenzy

A video recorder, in 2016 KAZUHIRO NOGI AFP
A video recorder, in 2016 KAZUHIRO NOGI AFP

Long relegated to an obscure corner of the collectibles market, VHS tapes have been fetching eye-popping prices at auctions in recent months, thanks to nostalgia and an appetite for new investment opportunities.

At a sale by Heritage Auctions in June, a "Back to the Future" videocassette went for $75,000, while "The Goonies" and "Jaws" copies were sold for $50,000 and $32,500, respectively, AFP said.

Videotape collectors have been around since the late 1970s, when the format was first introduced, but these days most "VHS tapes are worth next to nothing", according to John, from Newmarket in Canada, who claims to have sold around 3,000 of them over span of more than 20 years.

"You'll be lucky to get $5 each", says this active eBay user, who declined to give his last name.

Until recently, only some movies that hadn't been released online or on other medium, as well as little known horror movies, could command higher prices, sometimes above $1,000.

But this new trend is mostly focused on blockbuster titles, particularly from the early 80s. To be deemed valuable, a tape has to meet some specific criteria, with a premium put on first editions and sealed copies. A limited edition, such as a larger box version of "Star Wars", would also draw interest.

The George Lucas sci-fi cult classic is widely considered a must-have and several copies have already been sold for over $10,000.

The Holy Trinity could be movies from the first slate ever released on the US market in 1977, namely "MASH", "Patton" and "The Sound of Music", by a financially troubled 20th Century Fox with Magnetic Video.

Jay Carlson, VHS Consignment director at Heritage Auctions, said these could reach "a six-digit number, maybe seven."

- Nostalgia meets investment opportunity -Many long-time collectors are wondering about the sudden surge, 16 years after the last release of a film in this format ("A History of Violence"). The last video recorders were manufactured in 2016.

"I think a lot of it is nostalgia and the compulsion to collect", says Philip Baker, who runs the www.videocollector.co.uk website. "One of the special things about VHS over the other formats is it was the first accessible way to watch a movie in your own home."

Host of the Completly Unnecessary Podcast, Pat Contri has a different take and draws a parallel between the current VHS trend and video games. He said both markets are flooded with "people who just decided to get into it. They said to themselves: 'I have money, let's invest in it.'"

Over the last decade, several of these cultural staples have become collectible asset classes, from sneakers to skateboards, thanks to a new generation of investors, many of whom grew up with them.

A whole industry is getting together, as shown by the growing number of dedicated Facebook groups, grading services assessing authenticity and condition, and auction houses willing to add VHS to their sales.

Contri is critical of the process, "where instead of letting a relatively new collecting hobby for the masses develop naturally, you sort of try to entice people with +FOMO+ fear", as in fear of missing out on a lucrative investment.

"There's people who are only open box guys, and they're very skeptical of sealed guys and what it means to their own collecting", Carlson said. "But I just think it's a good thing. It's just a difference in the way that you're collecting."

Carlson sees even more potential in VHS tapes than in video games, which recorded two sales for over a million dollar each last year.

"I know a lot of people who aren't into video games and don't play video games, but I don't know very many people who who wouldn't have a favorite movie."

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Varieties

Jimmy Carter's Woodworking, Painting and Poetry Reveal an Introspective Renaissance Man

(FILES) Former President Jimmy Carter waves to the crowd at the Democratic National Convention 2008 at the Pepsi Center in Denver, Colorado, on August 25, 2008. (Photo by Robyn BECK / AFP)
(FILES) Former President Jimmy Carter waves to the crowd at the Democratic National Convention 2008 at the Pepsi Center in Denver, Colorado, on August 25, 2008. (Photo by Robyn BECK / AFP)
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Jimmy Carter's Woodworking, Painting and Poetry Reveal an Introspective Renaissance Man

(FILES) Former President Jimmy Carter waves to the crowd at the Democratic National Convention 2008 at the Pepsi Center in Denver, Colorado, on August 25, 2008. (Photo by Robyn BECK / AFP)
(FILES) Former President Jimmy Carter waves to the crowd at the Democratic National Convention 2008 at the Pepsi Center in Denver, Colorado, on August 25, 2008. (Photo by Robyn BECK / AFP)

The world knew Jimmy Carter as a president and humanitarian, but he also was a woodworker, painter and poet, creating a body of artistic work that reflects deeply personal views of the global community — and himself.
His portfolio illuminates his closest relationships, his spartan sensibilities and his place in the evolution of American race relations. And it continues to improve the finances of The Carter Center, his enduring legacy, The Associated Press said.
Creating art provided “the rare opportunity for privacy” in his otherwise public life, Carter said. “These times of solitude are like being in another very pleasant world.”
‘One of the best gifts of my life' Mourners at Carter’s hometown funeral will see the altar cross he carved in maple and collection plates he turned on his lathe. Great-grandchildren in the front pews at Maranatha Baptist Church slept as infants in cradles he fashioned.
The former president measured himself a “fairly proficient” craftsman. Chris Bagby, an Atlanta woodworker whose shop Carter frequented, elevated that assessment to “rather accomplished.”
Carter gleaned the basics on his father’s farm, where the Great Depression meant being a jack-of-all-trades. He learned more in shop class and with Future Farmers of America. “I made a miniature of the White House,” he recalled, insisting it was not about his ambitions.
During his Navy years, Jimmy and Rosalynn Carter chose unfurnished military housing to stretch his $300 monthly wage, and he built their furniture himself in a shop on base.
As president, Carter nurtured woodworking rather than his golf game, spending hours in a wood shop at Camp David to make small presents for family and friends. And when he left the White House, West Wing aides and Cabinet members pooled money for a shopping spree at Sears, Roebuck & Co. so he could finally assemble a full-scale home woodshop.
“One of the best gifts of my life,” Carter said.
Working in their converted garage, he previewed decades of Habitat for Humanity work by refurbishing their one-story house in Plains. He also improved his fine woodworking skills, joining wood without nails or screws. He also bought Japanese carving tools, and fashioned a chess set later owned by a Saudi prince.
Not just any customer Carter frequented Atlanta’s Highland Woodworking, a shop replete with a library of how-to books and hard-to-find tools, and recruited the world’s preeminent handmade furniture maker, Tage Frid, as an instructor, Bagby said.
Still hanging near the store entrance is a picture of Frid, who died in 2004, teaching students including a smiling former president at the front of the class.
“He was like a regular customer,” Bagby said, other than the “Secret Service agents who came with him.”
Carter built four ladder-back chairs out of hickory in 1983, and Sotheby’s auctioned them for $21,000 each at the time, the first of many sales of Carter paintings and furniture that raised millions to benefit The Carter Center.
It was rarely about the money, though. Jill Stuckey, a longtime friend who would have the Carters over to her home in Plains, recalled seeing the former president carrying out one of her chairs.
“I said, ‘What are you doing?’” she recalled. “He said, ‘It’s broken. I’m going to take it home and fix it.’”
He was at her back door at 7:30 the next morning, holding her repaired chair.
Carter compared woodworking to the results of his labor as a Navy engineer, or as a boy on the farm: “I like to see what I have done, what I have made.”
‘No special talent,' but his paintings drive auctions Carter employed a folk-art style as a late-in-life amateur painter and claimed “no special talent,” but a 2020 Carter Center auction drew $340,000 for his painting titled “Cardinals," and his oil-on-canvas of an eagle sold for $225,000 in 2023, months after he entered hospice care.
Carter’s work hangs throughout the center’s campus. A room where he met with dignitaries is encircled with birds he painted after he and Rosalynn took on bird watching as a hobby.
Near the executive offices are a self-portrait and a painting of Rosalynn in their early post-presidential years, hanging across from a trio of Andy Warhol prints showing Carter in office.
Carter’s earliest years predominate, with boyhood farm scenes and portraits of influential figures like his father James Earl Carter Sr., whose death in 1953 led him to abandon a Navy career and eventually enter politics in Georgia.
Some of his subjects, including both of his parents, are looking away. Carter's likeness of his mother shows “Miss Lillian” as a 70-year-old Peace Corps volunteer in India. Jason Carter said the piece was particularly meaningful to his grandfather, who lost reelection at a relatively youthful 56.
“When he got out of the White House, she was standing there saying, ’Well, I turned 70 in the Peace Corps. What are you going to do?” Jason Carter said.
One Carter subject who meets his gaze is a young Rosalynn — they married when she was 18 and he was 21. He described her as “remarkably beautiful, almost painfully shy, obviously intelligent, and yet unrestrained in our discussions.”
Another who doesn’t look away is Rachel Clark, a Black sharecropper who had hosted the future president after they worked in the fields. “Except for my parents, Rachel Clark was the person closest to me,” Carter wrote of his childhood.
'Just a word of praise' Carter wrote more than 30 books — even a novel — but was most introspective in poetry.
On his first real recognition of Jim Crow segregation: “A silent line was drawn between friend and friend, race and race.”
On his Cold War submarine’s delicate dance with enemies: “We wanted them to understand ... to share our love of solitude ... the peace we yearned to keep.”
Rosalynn’s smile, he gushed, silenced the birds, “or may be I failed to hear their song.”
Perhaps Carter’s most revealing poem, “I Wanted to Share My Father’s World,” concerns the man who never got to see his namesake son’s achievements. He wrote that he despised Earl’s discipline, and swallowed hunger for “just a word of praise.”
Only when he brought his own sons to visit his dying father did he “put aside the past resentments of the boy” and see “the father who will never cease to be alive in me.”