Weekly News Roundup: Aug. 10-14, 2009
In art, antiques and collectibles news, a glittery glove is up for sale, a list of the most expensive celebrity collectibles sold to date, and an antique Bugatti hits the block.
From The Associated Press:
Michael Jackson’s glittery glove up for auction
In the on-again/off-again world of the Michael Jackson auction—it’s on again. Well, at least the sale of one of his gloves is on. It will be included in Julien’s Auctions November “Music Icons” sale. This isn’t the right-handed one with hand-sewn crystals. This is a left-handed one that Jackson wore for a TV special celebrating Motown’s 25th anniversary. Jackson was wearing it when he performed his famous moonwalk for the first time on television. Also up for sale are some Jimi Hendrix lyrics and a Madonna demo tape.
From The Huffington Post:
Top Ten: Celebrity Collectibles
A fun list of the celebrity collectibles that have brought in the most money at auction. They range from number 10, a Jim Hendrix guitar that sold in 2007 for $480,000; the ruby-red slippers Judy Garland wore in “The Wizard of Oz” (number six); and the little black Givenchy number that Audrey Hepburn wore in “Breakfast at Tiffany’s (number five). And in first place? Let’s just say it went for $2.23 million.
Vintage Bugatti Le Mans Racer May Fetch $3.4 Million at Auction
Vroom. Vroom. A 1912 Bugatti driven by the company’s founder, Ettore, in the 1912 Le Mans will be sold at a Bonhams auction next month. Antique auto auctions have been largely immune to the economic downturn. This 5-liter Type 18 is expected to have collectors drooling. A 1913 Type 18 went for €2.4 million ($3.4 million) in February.
From The New York Times:
Bidder Pays $34,900 for ‘Mein Kampf’
When Adolf Hitler was in prison in 1925, he got a prepublication copy of “Mein Kampf.” Being the wonderful human being he was, he signed it and gave it another inmate. This autographed copy was sold to an anonymous bidder for almost $35,000.
Christie’s Offers $5.7 Million Saint Laurent Art in Second Sale
It’s designer Yves Saint Laurent art auction redux. Remember back in February when the YSL Christie’s auction brought in a whopping $485 million? Well, there’s more. In November, another 1,200 items will be on the block. The proceeds from this sale will go toward HIV research and the battle to stop AIDS.
From The North County (California) Times:
GAMING: After loss to rival, Upper Deck to stay in baseball card business
The Upper Deck card company may have lost its licensing agreement with Major League Baseball, but it still has one with the baseball players’ union. This means it will continue producing cards with players’ pictures. Upper Deck’s marketing director says there will be Upper Deck cards for 2010. The MLB now has an exclusive agreement with Topps, which can use team and league logos and show players in their uniforms.
From The Associated Press via Auction Central News:
Hurting Ohio historical society sells off old cars
Looking for some swell wheels? Cleveland’s Western Reserve Historical Society is auctioning off 19 classic cars to reduce a budget deficit. There’s a 1956 Gullwing Mercedes-Benz, a 1930 Belanger Indianapolis Racer and a 1930 Bugatti touring car. It’s believed the Bugatti may the only one in existence. And the ’56 Mercedes? It might sell for $450,000. The sale is not without controversy, however. The cars are part of the Crawford Auto-Aviation Museum collection. Supporters contend that the auction will “dismantle” the museum.
From The Guardian (UK):
Room service: Berlin hotel tells artists to pay for stay with artwork, not cash
Picasso would pay for meals by doodling on a napkin. Van Gogh gave sketches to his pencil vendors. And now a five-star German hotel is continuing the tradition. Out-of-town artists can get a pricey room if they leave behind one of their works. Turner Prize winner Douglas Gordon was the first artist-in-hotel. He designed a neon sign. A couple used 400 pieces by their students and teachers to cover the room. And then there is the horse’s head. Hmm. Wonder if this includes the honor bar.
WorthPoint—Discover Your Hidden Wealth
Join WorthPoint on Twitter and Facebook.