auction

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Do New eBay Rules Sell Out Sellers?
Do New eBay Rules Sell
Out Sellers?
Jan 30, 2008 4:24 PM CST

Do New eBay Rules Sell Out Sellers?

Changes are meant to reward big auctioneers, but may hurt others

(Newser) - Newly announced changes to eBay sellers’ fees do not always benefit auctioneers—and the backlash among them has already begun. “This is clearly not a straight fee decrease,” says the editor of AuctionBytes. Indeed, in some cases, sellers wind up paying as much s 33% more.

Investors Uncork Wild Wine Prices
Investors Uncork Wild Wine Prices
Dec 30, 2007 6:50 PM CST

Investors Uncork Wild Wine Prices

Internet, foreign funds make even second-tier wines pricier

(Newser) - Investors are uncorking a new area of speculation these days: fine wine. Thanks to the Internet, which has turned an elite hobby into a worldwide auction, prices are overflowing. Buyers can even throw money at vino investment funds and an electronic trading exchange based in London, which is up 39%...

Lock, Stock, and Orange Bowl
Lock, Stock, and Orange Bowl
Dec 26, 2007 3:24 PM CST

Lock, Stock, and Orange Bowl

Every piece of storied stadium will go on sale ahead of demolition

(Newser) - College football fans can literally take home a piece of the action when Miami officials auction off every salable piece of the soon-to-be-demolished Orange Bowl in February. On the block are the giant scoreboard, players' benches, trees, and even the urinals. "You name it, it will be available,''...

Art Market Sails Over Turmoil
Art Market Sails Over Turmoil
Dec 26, 2007 6:01 AM CST

Art Market Sails Over Turmoil

Weak dollar, overseas buyers help keep prices high

(Newser) - US financial markets were in chaos this year, but the art market certainly wasn't. The expanding ranks of the super-rich, the weak dollar, and emerging connoisseurs from Russia, China, India, and the Middle East kept auction houses in fine form, the AP reports, with postwar and contemporary works—including a...

Markets Dip on Bond News
Markets Dip on Bond News
MARKETS
Dec 19, 2007 3:47 PM CST

Markets Dip on Bond News

Fed auction is deemed positive though

(Newser) - The market ended slightly lower after another rollercoaster day, as S&P’s downgrade of major bond insurers took a toll on stocks otherwise buoyed by reports of a positive auction by the Fed. The Dow was off 25.20 to 13,207.27 on news Ambac Financial and MBIA...

JK Rowling Book Sells for $4M
JK Rowling Book Sells for $4M
Dec 13, 2007 12:15 PM CST

JK Rowling Book Sells for $4M

Only 7 copies of the Tales of Beedle the Bard exist

(Newser) - Sotheby’s figured The Tales of Beedle the Bard would fetch about $100,000 at auction—in retrospect, about 40 times too low. The book, a one-of-a-kind piece of the Harry Potter canon hand-written and illustrated by JK Rowling herself, fetched $3.98 million for charity today, Reuters reports. “...

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...

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