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

An Apple I, one of only 200 computers the company made for its first-ever sales model in 1976, sold at a London auction for about $210,000, the Associated Press reported.

The owners of Manhattan%u2019s landmark Lipstick Building, which housed convicted Ponzi schemer Bernie Madoff's opulent offices, has filed for chapter 11 bankruptcy protection. Could new owners make the economics work?

A Chinese vase that spent years in a suburban London household sold for 43 million pounds ($67.8 million) at auction. Including tax and commission, the final price was 53.1 million pounds ($85.8 million).

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.

A 1964 Aston Martin used in two James Bond movies sold for $4.6 million at a London auction. The car, complete with guns that poke out through the taillights and a license plate that rotates to display different numbers, was used in Goldfinger and Thunderball, CNNMoney reported. It's not just a...

A Barbie doll featuring a diamond necklace sold at a New York auction for a record $302,500. The one-off Barbie is wearing a black strapless evening gown with a choker necklace featuring a one-carat square-cut pink diamond, BBC News said. The price smashed the previous record for a Barbie sale,...

Bidders will have the chance to dip into the lifestyle of convicted Ponzi schemer Bernie Madoff, when a collection of his prized possessions are put up for sale. Among the goods to go under the hammer are a Steinway & Sons grand piano, a woman's ring with a 10.54-carat diamond and a miniature...

The recent winning bidder for a low-mileage 2008 Ford Escape hybrid may have gotten more than he or she bargained for -- especially if it's dark gray in color. It seems that matches the description of the vehicle President Barack Obama drove prior to his bid to become president of the United States.

As anyone who pays attention to the market can attest, valuation is a delicate dance. And as the recent decision to auction The Catcher in the Rye author's toilet demonstrates, this process is even more pronounced when the commodity is a commode.