FILM fans have fired a buying frenzy for blockbusters on VHS — with a Back To The Future tape set to fetch £20,000.

Collectors have made five-figure offers for unopened video cassettes in an online auction of major movies from the 1970s and 80s.

Another buyer will pay £17,000 for a 1984 release of Star Wars: A New Hope, while a 1982 Rambo: First Blood is line to fetch £12,000.

Jaws, The Goonies, Ghostbusters and Indiana Jones and The Raiders Of The Lost Ark are also in current highest value top ten bids.

At the peak, Brits paid around £13 for a top film on VHS.

The format dominated from the 1970s till DVDs arrived in 1996.

By the late 2000s, they were all-but redundant.

Yet they are now big business among collectors — if they are wrapped in their original cellophane.

Jim Carlson, of Heritage Auctions in Dallas, which is holding the sale, said: “They are artefacts, a piece of our history with these beautiful covers that transport us to the first time we could own a movie and watch it as much as we wanted.

“Finding still-sealed tapes is incredibly rare.”

Tom Wilson, 63 — Biff Tannen in Back To The Future — is selling a copy of the first Back To The Future box-set trilogy to leave the studio.

He said: “The urge to open this, to open the shrink wrap, to me, was nearly unbearable.”

The timed sale ends today.

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