DENVER, PA.- Morphy Auctions
Dec. 6-7 Antique Advertising & Coin-op Auction was one for the record books, with a $1,956,000 total that shot past the overall high estimate by nearly 50%. Along the way, more than 50 auction records were rewritten in the tobacciana, Coca-Cola and soda pop advertising categories. All prices quoted are inclusive of 20% buyers premium.
It was a tremendous sale, and I couldnt have been more pleased with the outcome, said Morphy Auctions CEO Dan Morphy. We had a great crowd both days, with extremely active Internet and phone bidding. In fact, online purchases totaled more than a million dollars in the Friday session alone. By the end of the sale, more than $1.3 million had gone to the Internet. That was definitely a record for us.
Top lot of the sale and surely the most surprising of all advertising entries was a Buckeye 5-Cent Root Beer soda fountain syrup dispenser with a wrap-around image of frolicking satyrs. It opened at a mere $400 against an estimate of $1,600-$2,400, and dozens of bids later, sold via the Internet for $114,000.
Im sure some might think that price was a typo, but its not. This is what happens when you have a beautiful piece that two parties want to own, Morphy observed.
A 100-lot single-owner collection of items advertising Whistle soda was described by Morphys as one of the largest known collections of its type. A rare, circa-1930s tri-fold cardboard cutout featuring two boys wooing a girl one with roses, the other with a more-enticing bottle of Whistle was another Internet purchase, selling for $38,400 against an estimate of $1,500-$2,500.
The 1,468-lot auctions top 10 was dominated by antique and vintage Coca-Cola advertising. A 69- by 29-inch (framed) 1941 Coke festoon, which originally would have been displayed across the back of a soda fountain, more than doubled its high estimate at $21,600. A 1932 Coca cola illuminating counter sign reminding customers to Please Pay Cashier attracted an online winning bid of $20,400; while a colorful 1956 Coke button sign with vertical accompaniment suggesting Pick up 12 Refreshment for All sailed past its $2,500-$3,500 estimate to settle at $14,400. A circa-1920s store display box for Coca-Cola Chewing Gum, designed to hole 20 5-cent packages of the early 20th-century product, went seven times its high estimate and then some, reaching $18,000. Numerous other Coca-Cola-related lots sold in the five-figure range.
Several collectors of tobacco advertising had their eyes fixed on a framed Union Leader Cut Plug Tobacco cardboard sign and bid it to an above-estimate $10,800. Another popular tobacco lot, an illuminating, framed motion sign for Medalist Cigars depicting a well-dressed gentleman enjoying a smoke before a fireplace, more than doubled its high estimate at $8,400.
Other advertising highlights included a circa-1900 Armour & Co. embossed tin sign, $5,400; and an extremely rare upright radio with a façade replicating a Mail Pouch Ribbon Cut Chewing Tobacco advertising sign, $7,200.
A Mills novelty shocker arcade machine emblazoned Electricity Is Life lead the antique coin-operated machines at $19,200. Not far behind was a Caille upright slot machine in oak case with copper finish, which sold for $16,800.
Morphys will conduct its next major Advertising auction on Feb. 22 at their gallery in Denver, Pa. A Petroliana & Automobiliana auction, the first category-specific sale to reflect Morphys acquisition of Matthews Auction Co., will be held Feb. 28 in Peotone, Illinois.