auction

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 %u2014 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.

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 nearly valueless 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. But do these collectibles makes sense as investments? 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.

Bidding for Authors: When Books Sell at Auction

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.

Psst! Wanna Buy an Old Brand? Here's How

Remember Meister Brau beer or Pom Poms candies? How about Collier's magazine, Victrola or General Cinema movie theaters? Following a Dec. 8 trademark auction, those classic brand names -- and dozens of less memorable ones -- may soon be going back into business.

Facebook Shares Clear $25 in SharesPost Auction

Shares of Facebook cleared $25 a share in a recent sealed-bid auction, bumping the value of the social networking giant to $56.7 billion, according to an email alert distributed Friday by SharesPost, which facilities stock sales in privately held companies as a secondary exchange.

John Lennon Lyrics to Fetch $553,000 at Auction

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%u2019m Only Sleeping" on the back of a letter demanding overdue payment for his radiophone, an early car phone, The Guardian reported.

Walmart Will Join Auction to Buy Indonesia's Hypermart

The world's largest retailer, Walmart Stores, wants to get even larger: It has joined the bidding war for Indonesian retailer Matahari's hypermarket business, Hypermart, a deal that could be worth up to $1 billion, unnamed sources told Reuters on Thursday.