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Weekly News Roundup: June 21-25

by WorthPoint Staff (06/22/10).

Headlines in art, antiques and collectibles news include hefty auction results, auction results expected to be hefty and Tome Raider, which definitely does not star Angelina Jolie.

From the New York Times:
‘A Day in the Life’ Lyrics Sell for $1.2. Million

I read the news today, oh boy. The lyrics to the song, “A Day in the Life,” handwritten by John Lennon, sold for more than $1 million. Sotheby’s predicted it would go for between $500,000 and $800,000. It was bought by an unidentified person whose bid was phoned in. Then name of the American collector who purchased the lyrics in 1992 for $93,000 was also not revealed.

From CBC News:
Mark Twain’s tribute to daughter brings $242K

The manuscript of “Family Sketch,” which Samuel Clemens (aka Mark Twain) wrote after his daughter died at 24 from spinal meningitis, was part of a collection of 200 items of Clemens papers that sold for more than $936,000. The creator of Tom Sawyer and Huckleberry Finn died in 1910 and requested his papers be kept from public view for 100 years.

From Bloomberg:
Picasso, Monet to Top $518 Million Auctions as Confidence Grows

The two-week auctions at Sotheby’s, Christie’s International and Phillips de Pury & Co. of Impressionist and contemporary art are expected to bring in three times as much as similar sales last year. Sellers are being told that there will be multiple bidders. Among the big-ticket items being sold are Monet’s “Nympheas” and Picasso’s “Portrait of Angel Fernandez de Soto.”

From Auction Central News:
London court: ‘Tome Raider’ guilty of stealing antique library books

William Jacques earned the nickname “Tome Raider” (groan) in the 1990s for stealing rare books. Serving several years in prison apparently did not rehabilitate Jacques. He was arrested at the end of last year for allegedly making off with books from the Royal Horticultural Society’s library. Found guilty, the former Cambridge student is facing a long sentence. Don’t think he’ll be featured in any Cambridge alum publications.

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