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Weekly News Roundup: July 12-July 16

by WorthPoint Staff (07/13/10).

In this week’s arts, antiques and collectibles headlines, Roy Rogers’ palomino rears up, Princess Diana’s family has its version of a garage sale and an unemployed antiques dealer is found guilty.

From Examiner.com Denver:
Roy Rogers’ beloved horse Trigger being auctioned at Christies

Oh no, say it isn’t so, Mr. Bill. Trigger is up for auction. (Is that two too many cultural references that are decades apart?) The stalwart palomino, who was always there at a whistle and a gallop when needed, died 45 years ago at age 35, having served cowboy star Roy Rogers well since 1938. Roy had his beloved steed stuffed. Stuffed Trigger may bring in as much as $100,000 to $200,000 at a Christie’s auction next week.

From The Guardian:
UK’s landed gentry put masterpieces on the market to cushion the crunch

It’s nothing new. Britain’s aristocracy with enormous estates don’t have enough cash to pay gardeners and stall muckers. One tried-and-true way in the past was to look for an American heiress who wanted to marry into a title. Or sell off precious assets. That’s what’s happening now in this particularly nasty economic downturn. As the Guardian puts it, “The stately homes of England are staging what amounts to an illustrious car boot sale this summer.” For thems of youse who don’t speak the Queen’s English, a boot is a car trunk, and such a sale is the equivalent of what we Yanks do in our yards. Of course, not many of us have a Rubens owned by Princess Diana’s brother that went for more than $13 million.

From The Evening Standard:
Althorp auction raises more than £21 million

Update. Princess Diana’s family, the Spencers, having put up for auction some tschotkes from their estate, Althorp, an Old Masters here, a 19th-century carriage there, took in a total haul of close to $32 million.

From The Washington Post:
Antiques dealer faces jail over Shakespeare folio

It’s hard to maintain a Ferrari and play the playboy when you’re unemployed. But 50ish Raymond Scott thought he came up with the solution. Don’t necessarily steal a Shakespeare folio, only “handle” it and see if you can cash in. As it turned out, Scott cashed into a guilty conviction.

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