A sealed copy of "Back to the Future" on VHS, owned by Biff Tannen himself, recently sold for a whopping $75,000 at auction and was likely the most ever paid for such an item.
The "near-mint-condition" videotape was owned by actor Tom Wilson, who appeared in the 1985 film and its sequels, and who received the tape from the studio at the time. It was sold to a collector in New York during Heritage Auctions’ sale on June 9 and was the highest price ever paid at auction for a sealed, graded VHS tape, the auction house said.
Sealed copies of "Back to the Future II" and "Back to the Future III," also owned by Wilson, sold for $16,250 and $13,750, respectively. Wilson wrote notes to accompany each of his tapes.
"This is the first box set sent out from the studio of the ‘Back to the Future’ trilogy," Wilson said in a statement. "The urge to open this, to open the shrink wrap, to me, was nearly unbearable, because not only does it include ‘Back to the Future I’ and ‘II’ (sic) and – mint – but also the documentary ‘Secrets of the Back to the Future Trilogy.’"
Heritage Auctions noted how the VHS format has become increasingly popular among collectors in recent years due to nostalgia and the "near-impossibility" of finding popular films still in their original shrink-wrapping.
"The results for Tom Wilson's Back to the Future tapes, for Goonies and Jaws and Ghostbusters and many others, were nothing short of amazing," Heritage Auctions VHS Consignment Director Jay Carlson said in a statement.
"A few years ago, sealed VHS collectors were outliers in the collecting community, so it really is something to see it grow and attract enough new collectors to warrant a standalone auction at a major auction house," Carlson added.
A near-mint Beta copy of the 1985 action-comedy "The Goonies" sold for $13,750, while a near-mint-plus VHS copy of "The Goonies," featuring the white wraparound Warner HV watermark sold for $50,000 — making it the auction’s second-highest-selling lot.
A mint-condition copy of the 1983 "Jaws" release, which features the wraparound MCA Home Video watermark, opened live bidding at $13,500 and ultimately sold for $32,500.
"Top Gun," which was the first tape considered affordable for purchase at around $26.95, also was included in the sale. A near-mint copy of the film sold for $17,500 and included a promotional offering from Diet Pepsi which changed the case’s cover and added its logo to the back.
This story was reported from Cincinnati.