Nicolas Cage's rare Dracula poster sells for $310,000 at auction

Contributed by
Dec 14, 2012, 3:54 PM EST

A 1931 Dracula poster sold for $310,000 at Heritage Auction Galleries' Spring Vintage Movie Poster auction held March 20-22, the company announced today.

The poster, from the collection of Nicolas Cage, is one of only three known existing copies in this style. The Oscar-winning actor previously made headlines when he sold his personal comic book collection, including a copy of Superman's 1938 debut, for more than $1.6 million at auction.

Another rarity sold at last weekend's event was a 1932 insert poster for the notorious Irving Thalberg-produced MGM horror movie Freaks, which realized just more than $107,000 when the hammer came down.

"It's a very rare poster, without a doubt," said Grey Smith, director of vintage Movie Posters at Heritage. "The movie was quickly pulled from release by the studio but became a cult classic after it was re-released by an independent distributor in 1949. Movie posters from the original release are virtually unheard of. It's one of the hobby's greatest rarities."