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‘Back to the Future’ videotape sets auction record

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After the return of vinyl, videocassettes could experience a similar resurgence in popularity. At least that’s what a recent auction suggests, where a videotape of the film Back to the future the summer sold for US$75,000 (CA$97,760).

This is a new auction record for this 1986 video cassette, which was sealed and in perfect condition.

This videotape, however, had a peculiarity, since it belonged to actor Tom Wilson, who played the character of Biff Tannen in the legendary film of the 80s.

The tape had initially been put up for sale on eBay, faced with the impressive number of responses, the actor preferred to appeal to Heritage Auctions in Dallas, Texas, for the auction.

In addition to this format of the first film in the trilogy, video cassettes of the other films were also on sale. To make the collection special, Tom Wilson offered to write a note on each videotape and sign each shipment.

It was a New York collector who managed to get his hands on the version of the first film at a price which turns out to be “the highest price ever paid at auction for a sealed and classified video cassette”, the indicated Heritage Auctions at CNN.

“We had no idea what was going to happen – no one had done this before, and to see the success, it’s amazing,” Joe Maddalena, senior vice president of Heritage Auctions, told the outlet. “When you go to the cell, there’s a great sense of accomplishment, not even the financial aspect, more just a moment of ‘I knew it! I knew vintage video tapes would be good.”

And many collectors would fight for these video relics when large sums have already been paid for videotapes of films like Jaws or ghost hunters.

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