iSpy-Auctions

For sale: painful piece of Red Sox history

The canceled $50,000 check to the Boston American League Baseball Club has grayed since it was written in 1922 and does not appear to be worth more than the perforated paper it was printed on.
more stories like this

There is no mention of Red Sox or Yankees, curses or world championships, or that famous chubby slugger.

But with his looping signature in blue ink, Red Sox owner Harry Frazee endorsed what became an installment payment on 86 years of pain and frustration.

It is a check from the Yankees from the deal that sent George Herman “Babe” Ruth to the Bronx.

The 5 1/2-by-12-inch check is the signature item in a 1,200-lot online sale this month by Historic Auctions in St. Petersburg, Fla. Offered by an anonymous seller, the starting bid is $25,000 in an auction that ends May 29.

tags: sox, boston, yankees, ruth, babe

Success of Indian art auctions lifts retail spirits

The success of Indian art auctions in recent months has impacted the scenario at the retail level. The retail segment, which essentially embraces the gallery circuit, seems to be looking up, though selectively, after the slowdown in between. Now new and old buyers are spending more based on the quality of the work.

“Recent auctions of Indian art have certainly been extremely successful, averaging sales between 75-90%. This has drawn a fresh set of buyers, in step with the older ones, to pick up Indian artworks. While the newer buyers are generally preferring to go for contemporary works, the seasoned collectors are mixing their acquisitions with established and new-age names,” an art market source told ET.

tags: art, auction, buyers

French Politician Auctions Car On eBay

Five-time French presidential candidate Jean-Marie Le Pen, founder of the far-right National Front party, is hoping to make some money by auctioning his old bulletproof car on eBay.

Le Pen, who was a surprise second in the 2002 French presidential election, put his party headquarters up for sale earlier this year after costly defeats in presidential and legislative elections last year left his party deeply in debt.

Le Pen’s other financial troubles include a 10,000-euro ($15,580) fine he received in February when a court found him guilty of “contesting crimes against humanity” for saying the Nazi occupation of France was “not particularly inhumane.”

tags: eBay, car, auction, French, President

Real estate auctions! A better way to sell your property!

There are numerous advantages of holding a real estate auction.

1.Speed: One of the biggest advantages in an auction. You have prospects that are willing to buy and the auction itself will be completed one day. Everything is done at double-quick speed. This is a refreshing change from the long drawn process of the normal way of selling real estate.

2.You decide the date and time of auction. Once the prospects have looked at the property, you decide the date of auction and time as well. All happens without disturbing your regular schedule!!

3.You will get a better pricing with auctions. It is a known fact that auctions usually drive up prices. Real estate auctions are no different. They get a better price for the property owner with minimal effort. Sooner or later the property owner will be out looking for a new house, maybe in a better neighborhood.

4.You get the right prospects in a real estate auction. Invariably, the prospects will be people who are interested in buying the property and with the required credit line or funds.

tags: real estate, auctions, property