Posts

Showing posts from July, 2009

Own Rare Hollywood Memorabilia

Starting today, over 200,000 Square Feet of movie props, antiques, and other motion picture memorabilia is being auctioned off by GreatAmerican. There is everything from statues to phone booths to furniture. The auction will go on for three days.

The Most Expensive Street in the World

The most expensive street in the world is Avenue Princesse Grace in Monaco, with each square meter of apartment space costing £73,000 or about $120,000. However, because of the recession, apartment prices are down by 37% from 2008's peak of £116,000 a square metre.

John Dillinger's Double Derringer just Sold at Auction for over $95,000

The antique firearms market must be getting hot. A Remington .41 Caliber Rimfire "Double Derringer" taken from John Herbert Dillinger when arrested in Tucson, Arizona just sold for $95,600 at a Heritage Auction Galleries auction. When he was arrested at the time, Dillinger was quoted as saying, "My God, how did you know I was in town? I'll be the laughing stock of the country! How could a hick-town police force ever suspect us."

This item sold for more than double the estimate of $35,000 to $45,000.

Recession Has Hit the Aftermarket of TV Stations

One of the San Francisco television stations, KRON-TV, was originally purchased by Young Broadcasting Co., a New York Based company which paid $823 million. Last year, it was valued at $150 million and when it went to auction this week, it received no bids.

Who Wants to Own Their Own Magazine?

If you have ever thought about going into the publishing business, you might want to consider buying BusinessWeek Magazine, which has been put up for sale by Mcgraw-Hill. Evercore Partners is reportedly handling the sale.

$1.68 Million for a Lunch

A Canadian paid $1.68 million for a lunch with famous billionaire and investor Warren Buffett. The lunch, which was sold through a charity auction, includes eight people at New York's Smith & Wollensky steakhouse.

Most Expensive City in the World

The Mercer's 2009 Worldwide Cost of Living survey was just released and it reported that the most expensive city in the world is Tokyo, followed by Osaka, Moscow, and Geneva. Tokyo's cost of living increased by over 13% from last year.