Archive for January, 2008

Female Artists Lead Second South African Sale to World Record Figures at Bonhams in London

Female Artists Lead Second South African Sale to World Record Figures at Bonhams in London

. January 31, 2008

Pictures by Irma Stern and Maggie Laubser dominated prices at Bonhams second South African sale in London yesterday (30.1.08) which was over £2m up at £3.7m on the previous sale in May 2007 which achieved £1.4m. The packed saleroom in Bonhams’ Bond Street Headquarters said it all, as 200 bidders in the room and many […]

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Bonhams April Stafford Sale off to Flying Start

Bonhams April Stafford Sale off to Flying Start

. January 31, 2008

Entries for Bonhams’ April sale at The International Classic MotorCycle Show, Stafford continues to grow rapidly. Joining the Brough Superior SS100 and Coventry-Eagle Flying-8 there will be a typically eclectic mix of machines from all eras, ranging from a 1900/01 Chater Lea to a 1999 Egli-Vincent. Founded during the closing years of the 19th Century, […]

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Classic Numismatic Rarity Highlights Heritage Long Beach Auction

Classic Numismatic Rarity Highlights Heritage Long Beach Auction

. January 31, 2008

Press Release – January 21, 2008 Classic Numismatic Rarity Highlights Heritage Long Beach Auction 1838-O Reeded Edge Half Branch Mint PR63 is Among the Most Sought-After Coins in American Numismatic History Dallas, TX: One of numismatics’ most sought-after rarities, the 1838-O Reeded Edge Half Branch Mint, graded PR63 by PCGS, will highlight the Official Auction […]

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Gold at $3,989 per Ounce, Huge, Historic Nugget Brings $1.5 Million

Gold at $3,989 per Ounce, Huge, Historic Nugget Brings $1.5 Million

. January 31, 2008

(Dallas, Texas) – Gold bullion has dropped well below $900, but a gold nugget has been sold for the equivalent of nearly $4,000 an ounce. The fabled “Boot of Cortez,” a nearly foot long gold nugget that weighs 389.4 ounces – more than 26 pounds – was purchased for $1,553,500 in a public auction conducted […]

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Benefit Auctions, Fair Market Value and the IRS

Benefit Auctions, Fair Market Value and the IRS

. January 31, 2008

By Kenny Phillips, Managing Partner Powell Auction & Realty, Knoxville, Tenn Ever been to a benefit auction? They’re different from a typical commercial auction, where the goal is to buy an item at the lowest possible price. At a benefit or charity auction, the bidder knows (or should know) going in that the idea is […]

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