tv Maria Bartiromos Wall Street FOX Business October 18, 2019 10:30pm-11:00pm EDT
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>> lauren, ben, jack, thank you. great ideas. to read more, check out this week's edition at barron's.com. that's all for us tonight. see you next week on the barron's round table. ♪ >> it was exciting. bette davis, marilyn monroe, joan crawford. >> a star-struck teen bit by the bug. >> before there were paparazzi, there was jack kuster. >> this autograph hound takes names like no other... >> elvis and, oh my gosh, robert redford. >> you name it, all of them. >> it's probably the best collection in the world. >> ...and leaves his stunned heir a lot to sort out. >> what, in your wildest dreams, is this collection worth? [ theme music plays ] ♪
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i'm jamie colby, and today i'm in tampa, florida, to meet a man whose strange inheritance, a massive autograph collection, began with a chance encounter. one thing led to another and then, well, i'll let him tell you. >> my name is juan carlos saucedo-campos, and in 2012, my dear friend jack kuster left me his estate, including a collection that nobody has ever seen. come in. >> hi, juan carlos. >> hi, jamie. how are you doing today? >> thank you for inviting me to your home. >> it's my pleasure. thank you for coming. >> it looks like you've been busy. >> i've been working on putting everything together. elvis presley, james dean. >> wow. >> marilyn monroe. >> vivien leigh, paul newman even. >> paul newman. >> most of these photos are original pictures that juan carlos's friend jack kuster snapped with his own camera, then collected an autograph for each one of them.
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>> oh, look at jane fonda! >> when she was just a teenager. >> so he took all these pictures and on top of it got the autographs? >> yes. >> how did this all get started? well, according to juan carlos, jack kuster acquires his first autograph in 1943 at the age of 14, when broadway and hollywood star carmen miranda pays a visit to his hometown, rochester, new york, for a uso show. the teenager musters the courage to approach the flamboyant singer for her swirling signature. from that moment forward, jack knows who he is -- an autograph hound. it takes a lot of guts for a 14-year-old kid. >> for jack, collecting signatures was his calling. soon afterwards, jack and his mother move to new york, where film and stage stars abound. jack secures a day job as a graphic artist. at night, the stage door exits
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of manhattan's legendary theaters are his favorite stomping grounds. today i'm making a quick side trip to times square to meet bob levine, one of jack's fellow autograph hounds. >> hi, jamie! >> bob, how are you? >> how are you? nice to meet you! >> like jack, he began dogging the stars in the golden age of motion pictures. what is the thrill of autograph collecting? >> i don't know, but i get a thrill out of it. i started in '46. then i met jack, and we were friends all through the years. >> i'm wearing my hollywood glamour red lip, to represent the era of autograph signing. >> yes, ha ha ha! >> what was hollywood like back then? >> hollywood was so glamorous, and when the movie stars came to new york, like lana turner or bette davis, it was a different era, and they treated the fans
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with respect. >> and now? >> the glamour is gone. today they have bodyguards. these young kids, they all sign initials now. the autographs that we got then, you could still read them. jack was so fussy, if he didn't like it, he'd ask them to sign it again. >> was he obsessive about collecting? >> yes, yes. he was. that's what his main purpose in life was, to take care of that collection. >> to save money and pursue more autographs, jack rents a tiny apartment on the city's upper west side. >> jack told me many times, "juan carlos, this is my profession. it's hard work, but somebody has to do it." >> a profession that requires coast-to-coast travel. in the 1950s, jack hits the road to the back lots of hollywood studios. >> clint eastwood was found by jack in 1954 outside hollywood studios in california.
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he was nobody at that time. he was so surprised to be asked for an autograph. jack believes that that signature was the very first autograph ever given to anybody by clint eastwood. he got james dean, elvis presley, and many more before they were big stars. ♪ >> was there anyone that was particularly nasty? >> many. i remember the story of katharine hepburn. she would never sign. she would always go, "no, never, never, never on the street." very determined and difficult. >> did he ever get her? >> he had to earn it, but she's right there. >> i see she doesn't look very pleased. jack's persistence pays off in a big way. he shares a taxi with rock hudson and takes this photo. he captures this image of a typically deadpan alfred hitchcock. this one of joe namath in 1969, the year he won
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the super bowl. and sharon tate before her shocking murder. in time, he even begins traveling the world in pursuit of celebrity signatures. throughout the 1960s, '70s, and '80s, he snaps up sports figures, bollywood stars, politicians, and one of his favorites -- mexican telenovela actors. it's on a trip to mexico city in 1993 that jack -- now 64 years old -- approaches a struggling young mexican soap actor for an autograph. now, the young guy in that picture looks a little bit familiar. who is that? >> [ laughs ] you're funny. i was an actor. it was the end of winter in 1993 that i met jack in mexico city. i see jack coming up in the distance. i just know he was somebody different, and he says, "are you an actor?" i was ever so flattered.
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when i met jack, this is the card that i signed for him, and this is the picture he took of myself. >> oh, my, juan carlos, look at you. was this a love at first sight? >> well, it's one of those things that when you know you've found your soul mate. call it what you want it, our chemistry was very compatible, how about that? >> how about that? was it wonderful? >> it was amazing. juan carlos and jack keep in touch over the years. in 1996 juan carlos moves to new york to pursue acting in the states, and jack offers him a place to live. >> that was the turning point. jack made it possible for me to be american citizen. >> one of juan carlos's oldest friends is spiro verras. he got to know jack as well. >> juan carlos is an incredibly caring person. jack needed someone in his life to care for him. >> in 2006, juan carlos decides
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to give up show business and become a certified skin care specialist. he leaves new york and moves to tampa, florida, to open his own spa business. >> i had already been trained as an aesthetician. and a medical company made me an offer that i could not resist to start my own practice, my own business. >> and jack's reaction? >> jack was not very happy. however, he knew i needed to do something for my future and i needed to have a real profession. >> ultimately, jack is the one who told him, "you need to do this." >> wow. >> "you have to move on with your life." >> back in new york, jack continues to add to his collection daily. how many autographs does he have? seems only jack knows. >> did you think it was 10,000? 30,000? >> i would even say, "do you have about 2,000," thinking that that was a lot. and he would just laugh. >> would he part with any of them? >> absolutely not.
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he would never sell. >> but juan carlos worries about his friend jack, who is now 81 years old and living alone. he checks on him every day by phone. and as jack kuster grows more frail, it becomes a favorite topic among his competitors -- what will happen to his famous collection? >> i wrote to a lot of the auction houses. the largest ones knew who jack kuster was before i wrote to them. >> that's next. >> but first, our "strange inheritance" quiz question -- what pestered personality called autograph seekers "mosquitoes"? "sleepy hollow" author washington irving? supermodel kate upton? or pro wrestler andré the giant? the answer in a moment. i get it all the time. "have you lost weight?" of course i have- ever since i started renting from national. because national lets me lose the wait at the counter... ...and choose any car in the aisle. and i don't wait when i return, thanks to drop & go.
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with sofi, get your credit cards right- by consolidating your credit card debt into one monthly payment. and get your interest rate right. so you can save big. get a no-fee personal loan up to $100k. [ theme music plays ] >> so, what pestered personality called autograph seekers "mosquitoes"? it's washington irving, annoyed by autograph seekers who showed up on his doorstep. >> by 2010, jack kuster, an aging new york autograph hound, has accumulated a jaw-dropping collection -- thousands of celebrity signatures from all over the world and matching photos he took himself. jack tells his friend juan carlos saucedo-campos that he plans to leave it all to him. one condition -- jack wants to keep his intentions a secret. >> he wanted to sound like the
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eccentric little man that he was and trying to keep it as a mystery. >> he liked the intrigue. >> he loved that, yes. >> juan carlos now lives in tampa, florida, but every single day, he calls jack on the phone, and jack always answers. on july 24, 2012, jack doesn't pick up. >> i called 911. they went to his apartment right away. they found him dead on the floor by the door. he had a massive heart attack. >> as promised, juan carlos is named the executor of jack's estate and the heir to his entire collection. did you really know how big it was going to be? >> i just did not know the magnitude of everything. >> in addition to screen stars like grace kelly and pop icons like michael jackson, jack has hundreds of international
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figures whom juan carlos has never heard of. how many signatures are we talking about? >> we're talking about over 35,000 signatures. >> wait, 35,000? >> thousand. >> plus 1,700 original photos and hundreds more signed promotional stills. juan carlos carts the whole kit and caboodle back to tampa and locks them inside a fire- and waterproof safe. then, he calls his friend and attorney, spiro verras, for help. >> initially, i handled this as i would handle any probate in my practice. i wrote to a lot of the auction houses, and they were all extremely interested. the largest ones knew who jack kuster was before i wrote to them. >> what, in your wildest dreams, juan carlos, what is this collection worth? >> it's hard to put a price on it. >> well, what would an appraiser say? what kind of numbers are we talking about? give me a ballpark.
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[ theme music plays ] >> so, which of these celebrities is known as the least likely to sign an autograph? it's tobey maguire. according to autograph magazine, the "spider-man" star ranks among the most unwilling signers. >> in 2012, juan carlos saucedo-campos inherits over 35,000 celebrity signatures and more than 1,700 photographs from his dear friend
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jack kuster. among a tight circle of new york city autograph hounds, jack was a legend. juan carlos recruits his friend and lawyer, spiro verras, to shop the collection around to auction houses and see what it's worth. >> we would get a reasonable market value for the items. juan carlos was struggling to grapple with the vastness of it. >> to get the ball rolling, let's bring in tim luke, who owns treasure quest appraisal group in south florida. before that, he was a director of collectibles at the famed christie's auction house in new york. 35,000 autographs in a collection, is that a stalker or an autograph hound? >> well, it borders on hoarder almost, but it actually is a passion, and like insanity is on the edge of genius, it's that kind of same thing with a collection this large. the other thing that i love about this is that jack got all
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of these signatures. the provenance is so important because there are a lot of fakes that are in the marketplace. >> now, this blew my mind, alfred hitchcock, the photo, but also that he would draw his profile! >> also adds to the value because the doodle is something. it's his profile. that became very iconic to alfred hitchcock. >> so, james dean, this is a very early, early photograph, isn't it? >> this is great, and this becomes a whole nother category when you look at james dean and also bruce lee because they both died unexpectedly early. so you have limited number of these signatures out there. the rarer is bruce lee because we also have a doodle from his character from the films. >> ah, norma jean. >> [ chuckles ] >> tell me about these early pictures of marilyn monroe. >> the early photos, this is really great. very desirable to any monroe collector. >> tim figures the james dean autograph could fetch up to
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$4,000 at auction. bruce lee, $5,000. and the marilyn monroe, $6,000. if these are some of the gold nuggets, what's the whole collection worth? what kind of numbers are we talking about? give me a ballpark. >> i would say for insurance purposes, this is a million-dollar collection, easily, because of the condition. >> in tim's opinion, it might have been worth even more. >> there's a lot of variables that go into this. let's take a look at the elvis photograph, for example. you see it says "to jack"? >> yes. >> well, because it says "to jack," that's limiting the market because is jamie going to be interested in something that says "to jack"? i'd rather just have a regular signature. so, with the "to jack" on it, you're looking at the $800 to $1,200 price range. >> i contacted several of the largest auction houses that deal in autographs. one suggested they will put together a book to honor jack kuster and market the
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product as the jack kuster collection. juan carlos asked me, does this mean that people would be able to buy particular items out of the collection from this catalog? i said yes. >> the heir will have to think about that. so, you have full control over all this. >> a hundred percent. aren't i lucky? >> you are, but what's next? juan carlos's big decision. >> jamie, this is what i want to show you. would you do the honors? that's next. [ gasps ] what's your strange inheritance story? we'd love to tell it. send me an e-mail, or go to our website, strangeinheritance.com. ♪
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friend, jack kuster. it turns out that they could be worth a million dollars -- but to get the highest price at auction, he'd have to split them up. as the offers come in, juan carlos thinks it over -- thinks about the money and about dearly departed jack. his decision? >> i'm in no position to destroy this phenomenal legacy that my dear friend jack left to me. i want to keep it intact. >> but if he won't sell, will the money be there tomorrow? or will it fade away like those golden-era screen stars jack adored? you know, ten years from now, some of these autographs won't be as relevant as they are right now. timing is really an issue. will he ever feel like he missed an opportunity? >> i don't know. it's something that i've actually thought about quite a bit. >> i'm gonna keep it safe and in great condition, as it was left to me.
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maybe in the future, i might change my mind. i don't know, but for the time being, i like to keep it close and admire it. every time i see one signature, i think about jack. >> it seems like you put in a lot of hours to try to make some opportunity happen for him. did you feel disappointed? >> not at all. not at all. it's a rare person who chooses sentiment over money. >> so, instead of collecting a check, juan carlos immerses himself in the painstaking task of archiving the autographs and transferring -- by hand -- the hundreds more photos from film slides to digital archive. >> jamie, this is what i want to show you. would you do the honors? >> today, juan carlos has invited tim luke and me to see the culmination of that effort... what? ...the crown jewels of jack kuster's collection, on display for the very first time.
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i cannot believe this. hollywood glamour everywhere? hello! >> i have categorized by the vintage actors on this wall and the vintage actress on this wall over here. >> wow, hotties over here and babes over here. i like it. jack met all of these people face-to-face? >> he saw them face-to-face, and they all handed their signature to jack. on this part of the gallery, i have all these boxes full of signatures. >> latin tv hosts, mexican stars, soaps. >> british actresses, ballet and dance. >> the forties, the fifties, the sixties, you name it, i have them all. >> oh, my god. >> what do you think that jack would say if he saw this room? >> i can almost see his face right now. he will be absolutely thrilled to see what i've done with his
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collection, exactly what he wanted me to. >> it's beautiful. >> well, my collection would not be complete if i don't have -- >> exactly. >> what's a jamie colby going for nowadays? >> especially with this provenance, it's priceless. >> it's not every day that someone asks for my autograph. i feel like you felt the first time jack asked you for yours. >> oh, well, it's a pleasure. >> a collection that took a lifetime to acquire, now preserved for another lifetime, perhaps, thanks to juan carlos's admiration for his cherished friend. pop star taylor swift recently observed that with the advent of smartphones and front-facing cameras, no one even asks for her autograph anymore. all these kids today want is a selfie. oh, hey. >> hi, are you jamie colby? >> yes. what's your name? >> taylor. would you mind taking a selfie with me? >> i would love to take a
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selfie with you, taylor. i'm jamie colby for "strange inheritance." and remember, you can't take it with you. ♪ have a great weekend. lou dobbs next. lou: president trump leading the freed world and much of it that isn't. president trump talked with president erdogan, keeping their line of communication open as the ceasefire declared erdogan has now been in effect for almost two days. the president said the two men had a good conversation. acknowledging reports of new fighting in northern syria and insisting the turks and kurds are honoring that ceasefire along the northwestern border with turkey. south of our border in sinaloa, a v
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