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While creditors continue to fight over the crumbs of Lehman Brothers, one tiny piece of the investment bank just demonstrated close to a 66,000% return on investment -- as a collectors item: A 50-cent share in the bank was sold at auction Saturday for 24,000 euros -- about $33,000.
EBay has come a long way since its days as an Internet flea market. Today, 62% of eBay listings are fixed price, not auctions, and 70% are new. But the website's devoted cadre of loyal used item sellers feels like its recently launched "buy it new" campaign is selling them out.
As America prepares to commemorate the 10th anniversary of 9/11, eBay is seeing a surge in sales of relics and memorabilia from the World Trade Center and the terrorist attacks, fueled partly by speculators, and partly by our desire to connect with history, however painful.
Showbiz memorabilia had its closeup in the past few weeks, with items made famous by Marilyn Monroe, Michael Jackson and Judy Garland fetching an over-the-rainbow prices at auction. Why are people compelled to buy these items, and who's drawing the biggest bucks? Read on...
Elizabeth Taylor fans have been flocking to eBay to pick up memorabilia since the movie star died last week, reportedly doubling prices for some merchandise. But are these collectibles worth the investment? Appraisers from Antiques Roadshow weigh in.
After a long, painful transformation from an online auction site to a mobile-focused e-commerce hub, eBay is finally staging a comeback, online and on Wall Street. But auction sales don't account for its rousing recovery. For that, it has PayPal to thank.
To those outside the publishing industry, the deals that get covered in the press might give the impression that book auctions are as rare as solar eclipses. In fact, they happen with remarkable regularity. But that doesn't mean they're any less nerve-wracking for authors.
Remember Meister Brau beer or Pom Poms candies? How about Collier's magazine, Victrola or General Cinema movie theaters? After a recent auction, those classic names -- and many others -- may soon be going back into business. And more are still awaiting an offer.
Shares of Facebook closed at $25 a share in a recent sealed-bid auction, bumping the value of the social networking giant to $56.7 billion, according to an announcement Friday by SharesPost, which facilities stock sales in privately held companies. During the week-long auction, which was...
Handwritten lyrics scribbled by John Lennon on the back of a phone bill are expected to sell for 350, 000 pounds ($553,000) at auction. Lennon scrawled some lyrics for "I'm Only Sleeping" on the back of a letter demanding overdue payment for his radiophone, an early car phone, The Guardian...

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