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Weekly News Roundup: April 25 to April 29

by WorthPoint Staff (04/27/11).

In this week’s art, antiques and collectibles news are some Jackie O letters written when she was Jackie B, a Chinese billionaire not paying up and some very old Champagne.

From CNN International:
For sale: Teenage love (or not) letters by Jackie Kennedy Onassis

She was 17 and suffering at the Miss Porter’s boarding school. He was 21 and attending Harvard.
The “she” was Jacqueline Bouvier, who became one of the most celebrated women in the 20th century after marrying Jack Kennedy. He was R. Beverley Corbin Jr., who the young debutant dumped, but not before writing him a bunch of letters. Twenty-two of these and a telegram are on the Christie’s block and could go for between $25,000 and $35,000.

From The Daily Mail:
Unmasked: Billionaire with links to China’s leaders who ‘bought’ £53m vase found in British house

A Brit and his mother must have been pretty happy when their Qing Dynasty vase sold at auction for almost $90 million six months ago. That was then. This is now, and they haven’t seen a pence. It’s been unclear who the welsher was. Now it appears a Chinese property developer took home the prize and may be part of Beijing plot to sabotage auctions of the country’s antiquities.

From The Sydney Morning Herald:
World’s oldest bubbly bound for auction

You never know what you’ll find in a schooner that ran aground a couple of hundred years ago in the Baltic Sea. How about 150 bottles of Champagne? Now the Finnish province that owns the liquid treasure will auction two bottles, one a Veuve-Clicquot, the second from the defunct Juglar. Experts are figuring they will go for $145,000 each. And the best part? Apparently the bubbles are bubbling, and the taste is still exquisite.

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