auction

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Fed to Inject $64B Into Global Money Markets

Will lend $24B to European and other central banks, $40B in four auctions, to ease credit crisis

(Newser) - The Federal Reserve will inject some $64 billion into the global economy, fearing that the ongoing credit crunch could spark recession. In the most significant international economic cooperation since 9/11, the Fed will supply up to $24 billion to the ECB and other central banks to ease the money supply...

1926 Whiskey Fetches $54K
1926 Whiskey Fetches $54K
Dec 9, 2007 3:35 PM CST

1926 Whiskey Fetches $54K

1926 whiskey goes for $54K

(Newser) - The crown jewel of New York's first liquor auction since Prohibition brought in $54,000 at Christie's yesterday. The 1926 bottle of whiskey went to an anonymous bidder, the New York Daily News reports, but was "worth the price," said a contender for the bottle. But it wasn't...

Rockwell Santa Painting Sells for $2.17M

Prices for magazine cover originals may be heading north

(Newser) - Straddling the line between art, illustration, and extravagant Christmas gift, Norman Rockwell's "Extra Good Boys and Girls" raked in $2.17 million at a Christie's auction this week. The painting, originally a 1939 Saturday Evening Post cover, didn't hit the $2.5 million to $3.5 million estimate, but...

Mama Mia! 400-Year-Old Table Found in Pizzeria

Expected to fetch $2M at upcoming auction

(Newser) - A 17th-century cabinet expected to fetch up to $2 million at auction has an unlikely provenance: its long-missing bottom half was discovered outside the bathrooms at a pizza parlor. The Telegraph reports that the cabinet, which depicts St. Peter's Square and other images of Rome, was missing the carved wooden...

Revolutionary Roots: Che's Hair for Sale

Rumors say Chavez of Venezeula is interested 'mystery buyer'

(Newser) - A scrapbook including photos of Che Guevara's corpse, hand-written letters from comrades-in-arms, and a lock of the revolutionary's hair snipped after he was shot to death are on a Dallas auction block with a starting price of $100,000. The collection belongs to a former CIA operative who helped track,...

NFL Team Yanks $275K Bid for Cowboys.com

Dallas claims it intended to offer just $275 for domain

(Newser) - The Dallas Cowboys wanted the domain name Cowboys.com, but not that badly. The team had to withdraw a winning bid of $275,000 after realizing how much it had offered; the 'Boys claimed they intended to bid only $275 in a URL auction conducted by phone this month, ComputerWorld...

Chinese Art Booms at London Sales
Chinese Art Booms at London Sales
Oct 16, 2007 9:40 AM CDT

Chinese Art Booms at London Sales

But prices for Western art shaky as buyers get credit-crisis jitters

(Newser) - Could turmoil in the financial world trigger an art market crash? That was the question on everyone's mind in London over the weekend during the Frieze Art Fair and the first major sales at Christie's and Sotheby's since the credit crisis. Though the fairs and auctions had all the energy...

Fonda to Sell 'Easy Rider' Loot
Fonda to Sell 'Easy Rider' Loot
Sep 16, 2007 2:57 PM CDT

Fonda to Sell 'Easy Rider' Loot

Items from iconic Western up for grabs

(Newser) - Peter Fonda is auctioning off a stash of memorabilia from Easy Rider that he's held onto since the movie's 1969 release. The producer, co-writer, and co-star of the trailblazing film "decided it was time to share some of his treasures." The crown jewel is the American flag from...

Bonds' #756 Ball Fetches $752K
Bonds' #756 Ball Fetches $752K
Sep 16, 2007 12:25 PM CDT

Bonds' #756 Ball Fetches $752K

Despite steroid scandal, record-breaking ball sells for more than $750,000

(Newser) - Barry Bonds beat expectations again, as his record-breaking ball sold for well above industry estimates. Bonds’ 756th homerun ball netted $752,467, while the ball that helped him tie Hank Aaron’s career record sold for $186,750. Some naysayers thought Bonds’ steroid scandal and sharp personality would dampen demand,...

Uncertain Art World Awaits Fall Sales
Uncertain Art World Awaits Fall Sales
Aug 29, 2007 10:47 AM CDT

Uncertain Art World Awaits Fall Sales

Credit crisis has auctioneers, galleries bracing for bear market

(Newser) - As the art world returns from its summer hiatus, dealers, auctioneers, and collectors are on edge about a possible downturn in the market, the Times reports. Fallout from the global credit crunch has led to speculation that astronomical prices for art, particularly in the contemporary sector, may be heading for...

Ridiculed Edsel Gains Traction
Ridiculed Edsel Gains Traction
Aug 25, 2007 12:16 PM CDT

Ridiculed Edsel Gains Traction

Ford's failure finds fans among auto collectors

(Newser) - The Ford Edsel, a symbol of commercial failure since its release 50 years ago, is finding a niche among admiring collectors, the LA Times reports. With only an estimated 5 or 6,000 left on the market since the line was discontinued in 1960, many are fetching high prices at...

Bonds Ball Hits Internet Auction Block

No. 756 could score at least $500K for fan

(Newser) - New home run king Barry Bonds has driven No. 756 all the way to the Internet auction block. Mets fan Matt Murphy, who caught the record-busting ball, will sell it in an online auction running from Tuesday through Sept. 15, the San Diego Union-Tribune reports. The ball could fetch at...

Hitler's Bubbly Sparkles at UK Auction

Bottle fetches almost $3,000 but is 'poisoned' or simply undrinkable

(Newser) - A bottle of bubbly nabbed from Hitler’s wine cellar has drawn the equivalent of almost $3,000 at a British auction, the BBC reports. A Swedish television company bought the 1937 Moet and Chandon, which a soldier gave to a lawyer as thanks for legal work some 15 years...

McQueen's Wheels Up for a Spin
McQueen's Wheels Up for a Spin
Aug 15, 2007 5:45 PM CDT

McQueen's Wheels Up for a Spin

Steve McQueen's cachet will be tested when Christie's auctions off his Ferrari

(Newser) - Growling exhaust and a thumping V-12 engine doesn't usually garner $2 million at luxury auctions, but then this speedster was once owned by a movie star “synonymous with cars, horsepower, racing.” It's Steve McQueen who used to cruise in this ’63 Ferrari, a classic so polished that...

Google Stokes Wireless Competition With $4.6B Bid

Search giant set to buy wireless frequencies

(Newser) - Google is poised to bid $4.6 billion in the upcoming federal auction of wireless frequencies,  to create a national broadband network that could challenge the dominance of companies like AT&T and Comcast. If Google's bid triumphs, the web search giant could expand into selling Internet, telephone and...

World's Oldest Car to be Auctioned
World's Oldest Car to be Auctioned
Jul 8, 2007 2:41 PM CDT

World's Oldest Car to be Auctioned

No speed demon, ancient auto could still fetch millions

(Newser) - The oldest car that can still be driven will be auctioned off in Pebble Beach, CA this August. It could go for as much as $2M, reports CNN. The steam-powered, four-wheeled De Dion-Bouton et Trepardoux—nicknamed "La Marquise"—was built in France in 1884, some 13 years before...

FBI Recovers 'Good Earth' Manuscript

Original typed draft of Pearl Buck's novel was missing since 1966

(Newser) - The manuscript of Pearl S. Buck's "The Good Earth" has turned up at a Philadelphia auction house, having gone missing in 1966. The FBI was called in after the daughter of one of the author's secretaries tried to put it for sale, the AP reports. Buck died in1973, believing...

London Art Sales Soar
London Art Sales Soar
Jun 25, 2007 11:45 AM CDT

London Art Sales Soar

Bacon tops Sotheby's contemporary auctions; London shows new art-market clout

(Newser) - Francis Bacon took top honors and Damien Hirst became the highest-priced living artist—beating out Jasper Johns—at Sotheby's contemporary auctions in London last week. A 1971 Bacon self-portrait went for $43.2 million, and the Hirst pill cabinet called "Lullaby Spring" for $19.4 million. "Hirst is...

eBay Shuts Window on Google Ads
eBay Shuts Window on Google Ads
Jun 18, 2007 4:29 AM CDT

eBay Shuts Window on Google Ads

Auction site drops search giant's marketing tools after weeklong spat

(Newser) - Online auction powerhouse eBay broke a multi-million-dollar "keyword" advertising deal with Google, ostensibly after the search engine threw a party in Boston that crowded an eBay conference. But the boycott on search-driven spots also comes as Google's online payment feature Checkout elbows in on eBay-owned PayPal's territory.

I Bought Andy Warhol
I Bought Andy Warhol  
Apr 30, 2007 8:26 AM CDT

I Bought Andy Warhol

Pop artist's mass-produced work climbs in price, prestige worldwide

(Newser) - Hipsters have known it forever, and buyers are catching on: Andy Warhol is the hottest artist around. The Times reports that his sales, including a projected $35 million for a painting at Christie’s next month, are second only to Picasso's. One expert calls Warhol "the most important international...

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