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Home > News, Articles & Multimedia > Worth Points > Weekly News Roundup: August 16-20

Weekly News Roundup: August 16-20

by Sandra Lee Stuart (08/17/10).

In this week’s art, antiques and collectibles news, we find questionable Ansel Adams negatives, a disgraced racer’s bike and some pricey vegetables.

From The New York Times:
Tale of Ansel Adams Negatives Grows Hazy

Update: Remember that $45 find of Ansel Adams negatives that were appraised at $200 million? We-e-e-l-l-l, maybe not worth so much or much of anything. Adams’ grandson called the announcement a “scam.” It turns out one of the appraisers is a convicted felon whose credentials have been questioned. And then . . . Time will tell.

From USA Today:
$5 bike turns out to be worth $8000

It might not have the same potential payout, still five bucks turning into $8,000 isn’t bad. Someone found an abandoned bike on an Interstate, but thought it needed too much work to get it rideable. For one thing, the pedals appeared to be broken. So into a yard sale it went. The buyer was curious about it’s true worth. And lo and behold, it turned out to be formerly owned by Floyd Landis, who was stripped of his Tour de France victory for doping. Oh, and the broken pedals on the custom-made bike? Worth $500 all by themselves.

From The Wall Street Journal:
Sotheby’s Puts Veggies on the Block

Usually the only vegetables you’ll see at Sotheby’s are the crudités served with smoked salmon dip. But for a change of pace, the auction house will be selling them. Not those bags of mini-peeled carrots, of course. They’ll be peddling heirloom veggies at $1,000 a crate for a good cause, GrowNYC New Farmers Development Project. The project helps immigrants become farmers.

From Bloomberg:
Presley, Beatles Pianos Fail to Rock Block at Memorabilia Sales

A couple of rock pianos did not play hot auction music recently. Elvis’ beloved white Knabe baby grand did not fetch the expected $1 million. In fact, it fetched zilch. The second piano, which was played by the likes of the Beatles and Pink Floyd in the famous Abbey Road Studios, was pulled off the block. The presale estimate on the Challen upright was $230,000. The owners of the piano on which John Lennon composed “Imagine” did not say why they took it off the block.

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