Reuters reports from London:
A forgotten short film featuring footage of comic legend Charlie Chaplin is expected to fetch over $165,000 when it goes under the hammer next month, auctioneers Bonhams said on Tuesday.
"Charlie Chaplin in 'Zepped,'" believed to be a propaganda film made in Britain during World War One, was discovered inside a battered old film reel tin which collector Morace Park bought for £3.20 ($5.25) on the online auction site eBay.
According to the auctioneer, the seven-minute film which shows Chaplin taking on a German Zeppelin aircraft, features some of the earliest animation in cinema history.
"At first I had no idea what I had," Park said. "I visited film experts in Europe and the USA and ... one comment was common: none of them had ever seen this type of film before."
Watch a video featuring an interview with Morace Park and footage from the film at Bonham's website.