Hedge Fund Manager Steve Cohen Buys $155M Picasso
Hedge fund manager Steven A. Cohen has bought a famous Picasso painting from casino mogul Steve Wynn for a record price, according to a report.
auction
Chinese Bowl, Sold For $3 at Tag Sale, Brings $2.2M at Auction
A rare Chinese bowl bought at a tag sale for $3 has sold at a New York auction for more than $2.22 million.
Half of Nevada Recluse's Gold Fortune to Be Auctioned for Taxes
When Walter Samaszko Jr. died in his modest Carson City home, weeks passed before authorities discovered his body, and found that the 69-year-old man who had lived so simply had a vast collection of thousands of gold coins worth millions of dollars. About half is being auctioned off to satisfy taxes and fees.
Holy Car Auction, Batman! Original Batmobile for Sale
The real, one-and-only, original Batmobile used in the 1960s "Batman" TV series is expected to go up for auction in January, the Barrett Jackson auto auction house said Thursday. The car could sell for millions, said Craig Jackson, chief executive of the auction firm.
Man Sells Giant Autograph Collection for Ailing Daughter
Three decades ago, Ken Kallin began amassing the 120,000 pieces in a memorabilia collection that includes photographs signed by Muhammad Ali and Neil Armstrong along with rare books and trading cards. By the end of Saturday, he's hoping to have gotten rid of nearly all of it -- at an auction to benefit his ailing daughter.
Rare Century-Old $5 Alaska Bill to Be Auctioned
The $5 bill displayed for decades on Charles Fairbanks IV's wall was long a treasured family heirloom from Alaska. Now, to the surprise of the grandson of a turn-of-a-century vice president, it's expected to fetch as much as $300,000 at auction this month.
Eric Clapton Set to Sell Painting for 20 Times What He Paid
The 67-year-old British rocker is selling an abstract painting by German artist Gerhard Richter at Sotheby's next month which is expected to fetch $14-19 million.
Family Finds $3 Million Worth of Baseball Cards in Grandpa's Attic
An Ohio family rummaging through the attic of a long-deceased grandfather stumbled across 700 century-old baseball cards. The surprisingly mint condition collection includes the cards of Ty Cobb, Connie Mack, Cy Young, and that ultimate rarity, Honus Wagner.
A Boat, A Scot, and the World's Most Expensive Whisky
In honor of its 125th birthday, Glenfiddich -- the world's top-selling single malt scotch is auctioning off the most expensive whisky in the world. Only eleven bottles exist of Janet Sheed Roberts Reserve, a 55-year-old scotch.
Lehman Brothers' First Share Sells for $33,000
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's 'Buy It New' Ads Anger Used Goods Sellers
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.
Selling 9/11: The Strange Market for Relics of Tragedy
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.
Celebrity Memorabilia Takes a Starring Role Again
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...
Should You Invest in Elizabeth Taylor Memorabilia?
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.
The Secret Weapon Behind eBay's Comeback
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.