Film Props, Sculptures And Advertising Memorabilia Probate Contents Valuation
In a recent probate contents valuation at a property in South Wimbledon I had one of the most interesting assessments to date. The clients father in law who was still alive had been a well known sculptor, artist, model and prop designer providing models and props for some notable film productions including “Star Wars” and many more famous movies. Carrying out a probate valuation of house contents in these circumstances takes considerable knowledge and experience.
So how do you value a full size Rhino for probate?
Exactly, so how do you value a full size Rhinoceros for probate? – Not that difficult actually when we know where and how to compare values of similar things sold in specialist auctions or at taxidermy retail outlets, so this same rule applied to all the other unusual models and items present, which included two interesting advertising models for Gossard Lingerie.
About Gossard Lingerie
Gossard was established as H. W. Gossard Co. in Chicago in 1901, per company history after its founder Henry Williamson Gossard was inspired by a corset worn at a Paris performance by the actress Sarah Bernhardt. In the 1920s it introduced the then-revolutionary idea of putting corset ties on the front, allowing the wearer to untie them herself. The company advertised extensively under the slogan “The Gossard Line of Beauty.”
In 1928 the company was reorganized as a division of Associated Apparel Industries, Inc. The manufacturer became a conglomerate after acquiring Venus Company and Lamode Garment Company, adding $3,000,000 in annual revenue. Associated Apparel, Inc., planned to build a plant in Germany, and its president, R. C. Stirton, sailed for Europe in May 1929 to facilitate this.
Stockholders of Nature’s Rival Company, a firm previously acquired by Associated Apparel, Inc., brought a bankruptcy petition against Amalgamated in September 1933. The suit was filed in the United States District Court in Chicago. It asked for a sum of $1,232,500.
After the bankruptcy, the company reformed as H. W. Gossard but became a British company. It continued to manufacture women’s underwear and hosiery, and R. C. Stirton continued as its president until his death in 1945.
Gossard was acquired by Courtaulds in 1959. At some point it became a property of the French DBApparel, but was re-acquired by Courtalds in 2007. (Information extracted from Wikipedia)
Article filed under “Probate Contents Valuation” and written by Jeffrey Avery