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Tag: Auction


The hills are alive (Away) (CC BY 2.0)

Poor Losing Homes Over Small Tax Liens to Private ‘Investors’

Low-income D.C. residents—many of them retirees—have been losing their homes under a program in which tax rights are sold to private investors who add mind-boggling fees and then foreclose when they aren’t paid. And it’s all legal.

Posted on Sep 8, 2013 READ MORE



The Case of the Missing Cuban Internet Cable

The promised $70 million project to quicken Cuba’s Internet connection speed was never delivered; German voters are on Angela Merkel’s side when it comes to the European economy; meanwhile, a vial with Ronald Reagan’s blood is being auctioned, along with one of Scarlett Johansson’s used tissues. These discoveries and more after the jump.

Posted on May 28, 2012 READ MORE



bbc.co.uk

‘The Scream’ to Scare Up $80M at Auction

It’s one of the most widely recognized images in art, and now one of four versions of Edvard Munch’s archetypal image of modern angst is going on the block at Sotheby’s New York auction house with an expected selling price of $80 million or more.

Posted on Feb 22, 2012 READ MORE



Wikimedia Commons

Queen Victoria’s Undies Sold at Auction

These are strange times in British culture, what with all the Wills-and-Kate worship set against the backdrop of turmoil over austerity measures and a faltering economy, plus the recent news that the terms of Old Blighty’s outworn monarchical system are being updated to pander slightly less blatantly to the old boy’s club.  (more)

Posted on Nov 1, 2011 READ MORE



Flickr / cliff1066 (CC-BY)

Controversy Over Rosa Parks Account of a ‘Near-Rape’

Rosa Parks, “mother of the civil rights movement,” was discovered recently to have written a first-person account of a young black housekeeper being sexually accosted by a white man, but whether she was describing something that happened to her or was writing a work of fiction is uncertain. (An earlier version of this Truthdig item was based on an AP report that changed afterward when new information surfaced.)

Posted on Jul 29, 2011 READ MORE



Illustration by Mr. Fish

This Hero Didn’t Stand a Chance

Tim DeChristopher is in prison for standing in the way of the corporate and governmental destruction of the ecosystem.

Posted on Jun 20, 2011 READ MORE


Picasso painting
christies.com

Picasso Painting Bags $51.2 Million at Auction

Pablo Picasso’s “Portrait d’Angel Fernandez de Soto” sold for a staggering 34.7 million pounds—that’s $51.2 million for those of us in the dollar zone—at a Christie’s auction in London on Wednesday ... (continued)

Posted on Jun 23, 2010 READ MORE



flickr.com / B69D

Iraq Oil Contracts Auctioned

After a bidding war among 44 oil companies, Shell of the United Kingdom and Petronas of Malaysia have jointly won the right to 10 oil fields in Iraq, in the second such auction since the 2003 invasion.

Posted on Dec 11, 2009 READ MORE


the raven
Flickr / kevindooley

Poe’s Poems Fetch Big Bucks at Auction

Edgar Allan Poe may have died penniless, but his poems are now worth a heap of money—$662,500, to be exact. On Friday, an unidentified bidder at a Christie’s auction in New York paid just that much for a first-edition collection of poems by the master of the macabre, titled “Tamerlane and Other Poems” and printed under the vague pseudonym of “A Bostonian.” 

Posted on Dec 4, 2009 READ MORE


Warhol painting
AP / Sang Tan

Art Market Gets a Boost from Sotheby’s, Warhol

Sotheby’s enjoyed a windfall Wednesday when the auction house’s New York HQ nearly doubled its estimated high of $67.9 million for its contemporary art bid-fest, in which Andy Warhol’s works figured prominently among the biggest-selling successes of the evening.

Posted on Nov 12, 2009 READ MORE



cctv.com

China Protests Artifact Auction

China’s cultural heritage agency has strongly condemned the auction of two bronze pieces it says were looted from the Summer Palace near Beijing some 150 years ago. Christie’s sold the bronzes, part of the late Yves Saint Laurent’s estate, for 31 million euros.

Posted on Feb 26, 2009 READ MORE


Kevin Martin
blogspot.com

FCC Cashes In on Spectrum Auction

After two months and 261 rounds of bidding, the FCC announced Tuesday that it has raised a total of $19.6 billion from the sale of the U.S. wireless spectrum. The revenue, slated to fund “public safety and digital television transition initiatives,” is nearly double what Congress had previously estimated for the publicly owned spectrum.

Posted on Mar 19, 2008 READ MORE


Che Guevara
news.bbc.co.uk

Che’s Hair Goes on Sale

A former U.S. intelligence officer involved in the execution of Ernesto “Che” Guevara has decided to auction a lock of the icon’s hair for a minimum of $100,000.  The officer is unhappy with Guevara’s iconic status, auctioneer Tom Slater says, yet he seems perfectly content to profit from it.

Posted on Oct 25, 2007 READ MORE


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