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Auction News — Updated

Donation Center Gets Rare Painting Valued at $20K..The painting is by early 20th century artist John Fery

Rare-Painting-20K-0612

A rare painting valued at $20,000 was recently discovered in a warehouse at the St. Vincent de Paul Villages Donation Center in San Diego, much to the excitement and awe of employees.

The painting – by early 20th century wildlife artist John Fery – was donated to St. Vincent de Paul and hauled to the donation center in a truck.

Employee Alejandro Miranda noticed the art piece while going about his daily duties unloading a donation truck. He told NBC 7 the frame of the painting caught his eye because it was a mid-century type frame.

“It looked kind of interesting. When I turned it around, it had a sticker on it and the sticker looked kind of old. I thought, ‘This is a very unique, unique painting,’” Miranda explained.

He placed the painting aside and he and his co-workers agreed to have it appraised.

What came next was a very pleasant surprise: the painting was identified as an original piece created by German-born artist John Fery.

St. Vincent de Paul then contacted Cal Auctions, a company that auctions off the organization’s valuable donations, and alerted auctioneers of the discovery.

“We realized it was a very valuable painting,” said Cal Auctions owner Jason Hanks.

Hanks’ company is now auctioning the painting off as part of the St. Vincent de Paul Villages Specialty Auction hosted on the Cal Auctions website.

Hanks said a rare find like this doesn’t come around too often and had everyone involved very excited.

“It was uplifting for everyone. It gets a lot of the guys who look through the trucks in the mornings really looking at things. Everyone wants to find that one great piece,” he said.

Miranda said it felt great to be the one to discover the painting in the truck.

“It’s like finding a treasure. We go through many, many trucks every week, every day and we don’t know what we’re going to find from one day to another,” said Miranda.

He said this serves as a reminder to himself and his co-workers to check all donations twice and not overlook anything.

Since obtaining the painting, Hanks said he’s done a lot of research on the artist. Hanks said Fery immigrated to the U.S. and spent a lot of time on hunting trips in the American northwest.

“He was captivated by the beauty of the glaciers and parks,” Hanks said.

Hanks said Fery was commissioned by the Great Northern Railroad System to create paintings of the scenery around Glacier National Park in Montana.

Hanks said the back of the rare painting now up for auction includes the letters “GNRR” written on the back, standing for the Great Northern Railroad.

The painting is up for auction now through July 16 at 12 p.m. Hanks said buyers can even preview the painting in person at his business’ location at 815 33rd St. on July 11, July 14 and July15.

Proceeds from the sale of the painting will help St. Vincent de Paul run its daily education and rehabilitation programs.

Babe Ruth’s watch from 1923 World Series auctioned for $717K

NEW YORK — Babe Ruth‘s pocket watch from the 1923 World Series sold for $717,000 Saturday at auction in New York City.

The pentagonal 14-karat gold watch was bought by a telephone bidder who is remaining anonymous, Heritage Auctions said.

The timepiece was part of a set given to Ruth and his Yankees teammates after they beat their rivals, the New York Giants, in the 1923 World Series.

Ruth batted .368 and hit three home runs in the series, the first of the Yankees’ 27 world championships.

The watch is engraved with a picture of a pitcher, hitter and catcher and a ball in flight.

It is inscribed, “Presented by Baseball Commissioner to George H. Ruth.”

Ruth gave the watch to a friend, Charlie Schwefel. The seller Saturday was a collector who acquired it from a member of Schwefel’s family, Heritage Auctions said.

Another highlight of the auction was a 1911 game-used bat from “Shoeless” Joe Jackson. It sold for $956,000.

Jackson was banned from baseball after he and his Chicago White Sox teammates were accused of fixing the 1919 World Series.

Read More: http://sportsillustrated.cnn.com/mlb/news/20140223/babe-ruth-1923-world-series-watch-auctioned.ap/#ixzz2uG95Yi86

JFK memorabilia fetches about $2M at auction

 

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AMESBURY, Mass. (AP) — A private collection of John F. Kennedy memorabilia brought in almost $2 million at auction, including $570,000 for the former president’s Air Force One leather bomber jacket.

The collection of about 2,000 photographs, documents, gifts and other items was auctioned Sunday at John McInnis Auctioneers in Amesbury.

The items belonged to David Powers, Kennedy’s assistant and close personal friend who died in 1998.

The jacket, like many of the items, sold to an anonymous bidder for much more than expected.

It was emblazoned with the presidential seal sewn on the front, and was given to Powers shortly before the president was assassinated 50 years ago. It came with a color photograph of Kennedy wearing it while watching the America’s Cup race. The pre-auction price was just $20,000 to $40,000.

An American flag that flew at the White House during the Kennedy administration went for $21,000, even though the price was $3,000 to $6,000.

A photo of Kennedy and Jacqueline Kennedy on their wedding day signed by the couple sold for $9,750 even though the pre-auction price was $2,000 to $5,000.

The 723-lot auction that drew international attention also offered other items affordable to the general public.

Rich Travaglione of Nantucket paid $525 for a 1946 photo of JFK.

Travaglione said his late father, who was 15 around the time Kennedy ran for Congress, met the candidate when he was campaigning in Boston’s North End. Travaglione’s father introduced Kennedy to many of the residents, creating a lasting memory for the younger man.

‘‘That particular time was important to me and my father,’’ Travaglione told the Daily News of Newburyport (http://bit.ly/Xmid6Z)

Donnie Greenwell of Waverly, Ky., snapped up two speeches written by Kennedy, ‘‘We Must Be Worthy Of Our Times’’ during his run for U.S. Congress in 1946 for $500 and ‘‘Why I am a Democrat,’’ written around the same time for $550.

‘‘It (the price) sounded reasonable,’’ Greenwell said.

The auction house says Powers’ relatives found the collection locked away last year as they prepared to sell the family home. Powers’ family is keeping some memorabilia and may give other items to the Kennedy Library.

About 350 people attended the auction, with another 1,000 online bidders.

Amesbury Mayor Thatcher Kezer said the town was ‘‘proud’’ to host the auction.

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Information from: The Daily News of Newburyport (Mass.), http://www.newburyportnews.comend of story marker

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DEL MAR, Calif. – The nightmare for performers in the infamous Valitar show turned into a bargain hunter’s dream Monday as an auctioneer sold it piece by piece.

 

The big red tent at the Del Mar Fairgrounds and everything inside of it went up for auction Monday morning.

The proceeds from the auction will be going towards repaying Valitar’s show producer Equstria Development Inc.’s creditors and the abandoned performers.

Valitar was billed as “Cirque du Soleil” with horses, but failed to draw spectators and the owners packed up and left it high and dry.

valitar

During the auction, the tent sold for $85,000, which was much less than the $1.3 million it’s worth.

Absolute Power, a company out of Huntington Beach, placed the winning bid and representatives for the company said they don’t know what they’re going to do with it yet.

“We don’t have a solid plan for it yet, but knowing we bought it right we know we’re going to be ok – it’s too good of a deal to pass up,” Duane Ward of Absolute Power said.

AUCTION VIDEO

The tents were just the beginning… everything went up for sale. Office equipment, stables, skateboard ramps, the stands and more.

Poway ranch owner Emily Richards won sand and floor mats that laid beneath the tent floors.

“It’s probably worth about $40,000 to $60,000 if not more,” Richards said. “The guy had said another $20,000 for the mats. So yeah, it’s pretty good investment for $700.”

While bidders like Richards celebrated, performers like Christine Kumisbayev described it as bittersweet.

The money from the auction will be turned over to the bankruptcy courts and the performers are in a long line of people owed money.

“It hurts inside because all of that money was supposed to divide between performers and different concession people and all of the vendors that were there were supposed to get paid out of this auction,” said Kumisbayev. “Seeing how low everything is going for it doesn’t look like we’ll be getting much.”

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Original Batmobile auctions for $4.2M

This October 2012 photo, shows the the original Batmobile in Los Angeles. The 19-foot-long black, bubble-topped car was used in the TV show that starred Adam West as the Caped Crusader.

This October 2012 photo, shows the the original Batmobile in Los Angeles. The 19-foot-long black, bubble-topped car was used in the TV show that starred Adam West as the Caped Crusader. / AP PHOTO/COURTESY BARRETT-JACKSON/GEORGE BARRIS

LOS ANGELES”Holy windfall, Batman!” The Batmobile just sold for $4.2 million.

The original 19-foot-long black, bubble-topped car used in the 1960s “Batman” TV show sold at auction Saturday.

The Barrett-Jackson Auction Co. in Scottsdale, Ariz., revealed the selling price but says the winning bidder has not been disclosed.

The car’s owner — auto customizer George Barris, of Los Angeles — transformed a one-of-a-kind 1955 Lincoln Futura concept car into the sleek crime-fighting machine.

It boasted lasers and a “Batphone” and could lay down smoke screens and oil slicks.

The iconic car was used by Adam West who starred as the Caped Crusader and by Burt Ward, his sidekick Robin known for exclamations beginning with “Holy.”

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‘Godfather’ Lincolns Come To Scottsdale

JANUARY 09, 2013

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Although the offerings at Bonhams’ Scottsdale vintage car sale may lack the mega-million dollar star power of the rare Ferrari’s that will be idling across the block at other auctions in the area next weekend, the January 17th event will still feature an array of extraordinary automobiles, some with rather colorful histories. For example, there are two 1941 Lincolns, one a limousine, the other a coupe, that were featured in ‘The Godfather’ (estimates withheld). Those less focused on showbiz may prefer a 1955 Mercedes 300SL that’s one of the highlights of the sale. Finished in Strawberry Metallic, and recently restored, it’s estimated at $850,000-$1m.

A very rare 1931 Minerva Model AL ‘Windswept’ Convertible Sedan carries an even higher estimate of $900,000-$1.1m. One of only 50 AL’s manufactured, it’s the product of a concours restoration and offers a distinguished show history, having won Best in Class at the Pebble Beach Concours d’Elegance in 1998. Yet another head-turner will be a 1930 Bugatti Type 45 Faux Cabriolet. Known as ‘La Petite Royale’ because Bugatti incorporated so many features from its larger—and very rare–Type 41 Royale, it’s been recently restored at a cost exceeding $550,000, and carries an estimate of  $900,000-$1.2m.

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Jackson’s ‘Bad’ jacket, costumes sold at auction

LOS ANGELES – Costumes worn by Michael Jackson commanded hundreds of thousands of dollars at auction, and Lady Gaga was among the collectors.

Gaga tweeted Sunday that she bought 55 pieces in the sale administered by Julien’s Auctions and said she plans to keep the items “archived and expertly cared for in the spirit and love of Michael Jackson, his bravery and fans worldwide.”

Auctioneer Darren Julien said the jacket Jackson wore during his “Bad” tour fetched $240,000. Two of Jackson’s crystal-encrusted gloves sold for more than $100,000 each, as did other jackets and performance costumes.

The auction featuring the collection of Jackson’s longtime costume designers Dennis Tompkins and Michael Bush raised more than $5 million. Some proceeds benefited Guide Dogs of America and Nathan Adelson Hospice of Las Vegas.

www.juliensauctions.com

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Original Batmobile from TV series to be auctioned

LOS ANGELES (AP) – Batman’s ride is up for sale – just the thing for cruising on those Dark Knights.

The original Batmobile from the 1960s TV series will be auctioned on Jan. 19 at the Barrett-Jackson auction house in Scottsdale, Ariz.

The 19-foot-long black, bubble-topped car was used in the TV show that starred Adam West as the Caped Crusader.

The car’s owner – famed auto customizer George Barris, of Los Angeles – transformed a one-of-a-kind 1955 Lincoln Futura concept car into a sleek crime-fighting machine. On the show, it boasted lasers and a Batphone and could lay down smoke screens and oil slicks.

And just like Batman, the Batmobile has its secrets. The auction house won’t say how much it hopes to get for the car.

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Sixpence from 1652 sells for $430K at Md. auction

MELVILLE, N.Y. (AP) – A silver Colonial Massachusetts coin from 1652 that was found in a potato field has been auctioned for $430,000.

Newsday (http://bit.ly/XI1XCN) reports that an East Hampton, N.Y., woman found the coin 23 years ago with a metal detector.

It garnered four times as much as auction officials expected. It was sold last week at the Colonial Coin Collectors Club in Baltimore.

The coin is one of eight known to exist.

It was first auctioned in 1992 by Lillian King and sold to an auction house for $35,200. The man who ended up buying the coin from the auction house resold it last week for the large sum.

King tells the newspaper that she wishes she had waited to sell the coin.

Online auction for ‘Meatball’ memorabilia closes at $2,000

The bids are in for a package memorabilia for Glendale’s most beloved bear, “Meatball.” An EBay auction for the famous bear’s orange tracking ear tag, painted paw print and a photo sold for $2,000 on Sunday.

A spokeswoman for the animal sanctuary taking care of Meatball, Jen Jenkins, declined to divulge the amount they had hoped to get, but said the final figure was “pretty close.”

The sanctuary in San Diego County — Lions, Tigers & Bears — has been caring for Meatball since he was captured by a California Department of Fish & Game warden in August and has been raising funds to build the 500-pound bear a permanent outdoor habitat.

The package of memorabilia, which went up for bid on Nov. 7, had included a lock of Meatball’s fur collected while he was sedated for medical treatment. But it was later removed after the sanctuary learned California law prohibits the sale of wild animal hair.

The identity of the winning bidder will likely be released later this week, Jenkins said.

For months, Meatball nosed through trash cans in the foothills in and above Glendale, even after state wildlife officials twice transported him deep into the Angeles National Forest.

READ MORE

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Hostess, maker of Twinkies, says it is shutting down

Hostess Brands — the maker of such iconic baked goods as Twinkies, Devil Dogs and Wonder Bread — announced Friday that it is asking a federal bankruptcy court for permission to close its operations, blaming a strike by bakers protesting a new contract imposed on them.

The closing will result in Hostess’ nearly 18,500 workers losing their jobs as the company shuts 33 bakeries and 565 distribution centers nationwide, as well as 570 outlet stores. The Bakery, Confectionery, Tobacco Workers and Grain Millers International Union represents around 5,000.

“We deeply regret the necessity of today’s decision, but we do not have the financial resources to weather an extended nationwide strike,” said CEO Gregory Rayburn in a statement.

Hostess will move to sell its assets to the highest bidder. That could mean new life for some of its most popular products, which could be scooped up at auction and attached to products from other companies.

A letter that Hostess sent to its network of stores that carry its product said it expects “there will be great interest in our brands.” But it said it could not give a time frame for when the sales would take place and its products would be available again.

But even if those brands are bought and restarted, the Hostess workers will not get their jobs back.

“The industry has overcapacity. We’re overcapacity. Our rivals are overcapacity,” said Rayburn in an interview on CNBC. Asked if the shutdown decision could be reversed if the Bakers’ union agreed to immediately return to work, he responded, “Too late.”

While approval of the bankruptcy court is needed before the company can start selling its assets in liquidation, the company said production at all of its bakeries has ceased effective Friday, and that stores will no longer receive products from Hostess Brands. But products that are already in stores can be sold, and the outlet stores will remain open for several days to sell the products they already have.

Rayburn said Hostess had annual sales of about $2.5 billion. The company said there are had been 500 million Twinkies made annually.

The company had given a 5 p.m. ET Thursday deadline for the bakers to return to work or face a shutdown of the company. The unions at Hostess could not be reached immediately for comment on the decision.

Hostess filed for bankruptcy in January, its second trip to bankruptcy court since 2004. It previously emerged from restructuring in 2009 after a four-and-a-half year process.

The company is now controlled by a group of investment firms, including hedge funds Silver Point Capital and Monarch Alternative Capital.

Read More

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DIAMOND AUCTIONED FOR $21.5M

Christie’s auctioned off the Archduke Joseph Diamond for nearly $21.5 million Tuesday night, a world auction record price per carat for a colorless diamond.

The 76.02-carat diamond, with perfect color and internally flawless clarity, came from the ancient Golconda mines in India.

The seller, Alfredo J. Molina, chairman of California-based jeweler Black, Starr & Frost, said immediately afterward that there were two main bidders and that he was delighted with the result. Molina said the winning bidder, who wished to remain anonymous, is going to donate the diamond for display at a museum. – More

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Upcoming auction revives debate on new greenhouse gas regulation

 

A central component of the 2006 state law aimed at reducing California’s greenhouse gas emissions to 1990 levels by 2020, the state’s cap-and-trade program, will start to be enforced on Jan. 1.

But in just a few weeks, the program will face its first test, as the California Air Resources Board holds its first auction at which greenhouse gas-emitting companies will have a chance to purchase emissions allowances.

The upcoming auction, scheduled for Nov. 14, and the expected reaction from California companies through the cap-and-trade program’s lifespan through 2020, is going to draw attention as onlookers seek to deem the program a success or failure.

A panel of speakers met Oct. 23 at the fall meeting and environmental summit of the Industrial Environmental Association to discuss the implications of cap-and-trade, bringing forth implications of government overreach and defense of the program with hopeful optimism.

Under the plan, the carbon dioxide cap for 2013 was set at about 2 percent below the emissions level forecast for 2012. It will decline about 2 percent in 2014 and about 3 percent annually from 2015 to 2020.

The program requires large carbon dioxide emitters to hold enough permits, or allowances, to cover their emissions compliance obligations, determined by CARB. CLICK FOR MORE

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Internet Auctions – Information from the DOJ

 

Internet auctions are modern gold mines of things to buy or sell from anywhere around the world for what could be a sweet bid. But these online auctions can quickly turn into mine fields of fraud and unfair business practices. According to theFederal Trade Commission (FTC), there are a growing number of complaints about late shipments, no shipments, shipments of products of lesser quality than advertised and bogus online payment services.

Whether you are a buyer or a seller, understanding how Internet auctions work can help you avoid these problems. To learn more, the FTC offers Internet Auctions: A Guide for Buyers and Sellers.

Complaints about Internet auction transactions should be reported to the Internet Crime Complaint Center (ICCC). The ICCC is a partnership between the Federal Bureau of Investigation and the National White Collar Crime Center.

The ICCC serves as a central repository for complaints related to Internet fraud. This information is shared with law enforcement and regulatory agencies, and is used to alert authorities about patterns of fraud.

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Major leaguer’s former possessions top $40,000

Kaminski Auctions, Beverly, Mass., recently sold a World Series memorabilia collection once owned by former Major League Baseball player John “Stuffy” McInnis for $46,800, including a buyer’s premium, according to a news release.

The company achieved more than 10 times the presale estimate.
McInnis played for the Philadelphia Athletics, which with his
help won the World Series in 1911 and 1913. He was traded to
the Boston Red Sox and played with them from 1918 to 1921.
He won his fourth World Series title in 1925 with the Pittsburgh
Pirates.
Included at the auction was a gold pocket watch and a gold-filled
pen knife, both of which were inscribed with the World Series
logo from 1910, 1911 and 1913; a sterling silver presentation
trophy; four photographs from the New York Giants vs. Chicago
White Sox game in Liverpool, England; and a collection of vintage programs, photographs and newspaper clippings.

http://www.kaminskiauctions.com/

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Yes, you heard right! Chris Rasmus will once again be hitting the auction block to auction off seven properties in Fairfax County, Virginia.

If you have only been with us since we went to our online-only model, you are in for a treat! Last week, Scott Wright, our on-site sales director auctioned off ten properties in Henrico County Virginia right on the steps of the courthouse along with our Online Administrator Abby Fitzgerald who called in the online bids. Tomorrow, it will be Chris Rasmus auctioning off seven properties in Fairfax County live and in-person along with Marie Jarvis who will be calling in the online bids.

If you ever wished that you could have seen Rasmus back in the live auction days…this is your chance. Up for auction are seven properties all located in Fairfax County. Here is a look at what is available:

Lot 10001

Property Address: 10600 Leesburg Pike Vienna, VA 22182
Approximate Acreage: 1.03 Acres
Tax Map Number: 0124-01-0050

 

 

Lot 10002

Property Address: 10518 Leesburg Pike Vienna, VA 22182
Approximate Acreage: 1.03 Acres
Tax Map Number: 0124-01-0051

 

 

Lot 10003

Property Address: Henderson Rd, Near Winding Creek Ct Clifton, VA
Approximate Acreage: 3 Acres
Tax Map Number: 0953-01-0009

 

 

Lot 10004

Property Address: Off Tiros Drive Springfield, VA
Approximate Acreage: 23,473 Square Feet
Tax Map Number: 0802-01-0034G

 

 

Lot 10005

Property Address: Colchester Rd near Braddock Rd; Grace J. Kelley Subdivision
Approximate Acreage: 10.74 Acres
Tax Map Number: 0662-03-0011

 

 

Lot 10006

Property Address: 6108 Arrington Dr Fairfax Station, VA
Approximate Acreage: .59 Acres
Tax Map Number: 0773-06-0959

 

 

 

Lot 10007

Property Address: 700 Utterback Store Rd Great Falls, VA
Approximate Acreage: 1 Acre
Tax Map Number: 0071-01-0037

 

 

 

The live auction will take place at 10:00am tomorrow morning at the entrance of the Fairfax County Circuit Courthouse at 4110 Chain Bridge Road, Fairfax, Virginia 22030 and the online auction is already open for bidding. See you there!


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