All Articles Tagged "auction"
If you collect black memorabilia — or are just an admirer of Olympic icon Jesse Owens — you still have a few days left to bid on his historic Olympic medal. The medal, on sale through SCP Auctions, ends December 7.
There are various sports memorabilia also being auctioned off, but Owens’ medal is perhaps the most significant. It holds a major place in not only Olympic history but also in the history of race relations and the Civil Rights movement.
Track star Owens won the medal at the 1936 Games in Berlin amid much controversy. At the time Berlin was part of Nazi Germany. That year Adolf Hitler sought to use the Games to showcase his ideas of Aryan supremacy. Owens busted the Nazi propaganda myths about blacks with his world record-setting 100-yard dash and made strides for the Civil Rights movement back home.
“Almost singlehandedly, Owens obliterated Hitler’s plans,” SCP Auctions partner Dan Imler tells The Huffington Post. “You’ve got an African American, son of a sharecropper, grandson of slaves who overcame these incredible circumstances and delivered a performance for the ages.”
Although Owens took home gold in the 100- and 200-meters, the 400 relay and the long jump, when he returned from the Berlin Games he struggled to provide for his family in the United States. Not only were his job options limited by segregation, but because he opted to return home instead of touring with the U.S. Olympic Team, Owens was stripped of his amateur athletic status. He worked various odd jobs, from being a band leader to working for the parks department to public speaking.
“Even though he came back an Olympic hero, he wasn’t offered opportunities that Olympic heroes of today are offered,” says his daughter, Marlene Owens Rankin, 74. “We lived well, a middle class life. We didn’t want for much. But like many black men of that era, he struggled to provide for his family.”
In all Owens had four gold medals. One he gave to dancer and movie star Bill “Bojangles” Robinson, who had befriended Owens after the athlete return from the Olympics. The medal up for auction comes from the estate of Robinson’s widow. While the Robinson family declined to comment about the sale, Imler says the family plans to use the proceeds to pay college tuition and contribute to charity.
“We just hope that it’s purchased by an institution where the public could have access to it, a museum or something like that,” Owens’ daughter says.
In 1893 the Unique Quartet recorded a song called “Mama’s Black Baby Boy.” This pre-dated vinyl and was recorded on a wax-covered cylinder using technology invented by Thomas Edison. The 120-year-old recording, along with a second Unique Quartet song, “Who Broke the Lock (on the Henhouse Door)?” from 1896, are copies of the oldest known recording of a black vocal group in the U.S. And they were auctioned on Saturday for $1,100 and $1,900 respectively. There are only two copies left of “Mama’s Black Baby Boy,” a recording so rare and delicate that the auctioneer doesn’t dare try to play it, reports the Associated Press (via The Grio).
The recordings can only be played on a special cylinder player that was a predecessor to phonographs, said Troy Thibodeau, manager of Saco River Auction Co. Not only are cylinder recordings becoming rare, recordings of black artists are even rarer. One appraiser had estimated they’d go for $25,000 or more — apiece.
“They’re in fantastic shape,” Thibodeau said pre-auction. “All it takes is a little bit of heat or a little bit of cold, and these things are junk. So, for more than 100 years, someone really took care of these things and treasured them.”
The recordings were up for auction along with a number of other items, including a shirt owned by General Custer, the captain who famously died at Little Bighorn in 1876.
Finding rare music by black groups is extremely hard. “All pre-digital black sacred music is at risk. The cylinders are made from pressed, hardened wax and grow brittle and chipped with age. Vinyl 78s, 45s, and LPs were melted down and recycled as part of the war effort during World War II,” said Robert Darden, who’s a professor at Baylor University in Texas and working to save the music by digitizing existing vinyl recordings through the Black Music Restoration Project. He estimates that 75 percent of gospel music recorded on vinyl from 1940 to 1970 has disappeared.
Listen to the song “Mama’s Black Boy” below.
Well, were any of you able to buy anything from Oprah’s epic yard sale? If you tried and you didn’t get anything, don’t feel bad: the prices even shocked Oprah.
According to The Los Angeles Times, winning bids for Oprah’s former possessions sold for a total of more than $600,000. People were so excited to buy something that belonged top Oprah – the items came from her homes in Hawaii, California, and Indiana – that the prices for some of the simplest things were through the roof. TMZ noted that Oprah said during the auction, “You’re paying too much!”
While that may have been true, Oprah certainly didn’t ask them to start over with lower bids. The Times reported the following winning bids on some items:
- $60,000 for a set of six 18th century Louis XVI armchairs with hand-embroidered details
- $4,100 and $6,000 for canvas banners promoting Oprah in The Color Purple
- $3,000 for TV Guide cover
- $1,400 for a dog portrait
- $1,000 for a chair painted by a fan (estimated to be worth no more than $200)
- $1,000 for a teapot (worth less than $100)
- $4,000 and $4,750 for two sofas
If Oprah were doing this for herself, that would have been a nice bit of pocket change. But, the proceeds from Oprah’s epic yard sale will go to her all girls leadership academy in South Africa.
Congratulations to all the people who got a “piece of Oprah.” I mean, I guess (forgive me, no shade, I’m just surprised by some of these prices).
Celebrities sell things all the time through auctions, but when it’s OPRAH Winfrey, it’s a different story. The media mogul is auctioning off a good number of her possessions from her Indiana, Hawaii, Chicago, and Santa Barbara homes.
The collection of antiques, contemporary furnishings and fine art collected over a good number of years. There also a number of possessions come from her “La Quinta” home and trainer, Bob Greene’s properties. Always one to give back, Winfrey will be donating the proceeds from the sales to her Oprah Winfrey Leadership Academy Foundation College Fund that funds her South African all-girls school.
Read more at StyleBlazer.com
In a last-ditch effort to show America he’s completely over his ex-wife, Kim Kardashian, Kris Humphries is wiping off the last residue of their failed 72-day-long marriage by auctioning off her diamond engagement ring, US Weekly reports.
The ring is going up for sale at Christie’s auction house in New York City on October 15th. The 20-carat Lorraine Schwartz engagement band is set to reel in between $300,000 and $500,000.
Humphries was not specifically named as the seller, but according to a source in US Weekly, “The ring in question is identical to the one Kardashian wore during her brief engagement and marriage to the athlete.”
The magazine also has details about the ring. “A rep for Christie’s confirmed to the site that the bauble up for auction is a Lorraine Schwartz creation with a 16.21-carat center diamond and two 1.80-carat side diamonds — the exact dimensions of Kardashian’s ring. The auction house could not disclose the seller’s name but said it was ‘a gentleman,’” it says.
Due to client confidentiality, Kris Humphries could not be named, but a close friend of the Kardashians tells US Weekly that the auctioned gem is 100 percent the same ring. ”Kim has been waiting for the day he would auction it. Everyone always asked what Kim did with the ring — she silently gave it back over a year ago! And Kris waited until the divorce was final to sell it.”
Although the auction house plans to sell the ring for a half a million dollars, US Weekly says that the ring is worth $2 million.
That Doesn’t Sound Like Regret: Kobe’s Parents Apologize For Trying To Sell His Memorabilia — But Still Put Some Items Up For Auction
Dang, it looks like Kobe Bryant reached a settlement with his parents and Goldin Auctions regarding the selling of his memorabilia.
The settlement came with less than a week before Bryant and the auction house were supposed to go to trial, according to an ESPN report.
But it looks like Ma and Pa Bryant will get some merchandise to sell. Basically, less than 10 percent of the items that were initially intended for sale will ultimately be put up for auction. On top of that, Bryant’s parents issued an apology over the entire situation.
“We regret our actions and statements related to the Kobe Bryant auction memorabilia,” said Joe and Pamela Bryant in the statement, provided by a publicist. “We apologize for any misunderstanding and unintended pain we have caused our son and appreciate the financial support he has provided over the years. We also apologize to Goldin Auctions for their inadvertent involvement in this matter and thank them for their assistance.”
Read more on EurWeb.com.
Things are just going from bad to worse for disgraced former congressman Jesse Jackson Jr., who recently plead guilty to misusing $750,000 in campaign funds on personal purchases. Because of this admission, the public may have a chance to buy the items Jackson, Jr. and his wife Sandi illegally purchased with campaign contributions, according to CBS Chicago. A time frame for the auction has yet to be announced, but the list of items that could go up for auction includes flat screen TVs, fur coats, a fedora worn by Michael Jackson, stuffed elk heads, a $43,000 gold-plated Rolex watch, and more.
The Jacksons are awaiting sentencing; he will be sentenced on June 28, his wife on July 1. He faces 46 to 57 months in prison and his wife faces one to two years behind bars, according to federal sentencing guidelines. Once that has been done, those items become the responsibility of U.S. Marshal, said Belkis Sandoval in Chicago, a senior inspector with the U.S. Marshal, reports the TV network. Proceeds from the auction will go toward paying restitution.
Jackson, who has been in and out of the hospital, is still suffering from a bipolar disorder, which caused him to step down from office.
Jackson is looking to make some money, however, with the release of his upcoming memoir. According to the Chicago Tribune, Jackson wants to use the memoir to “clear up his legacy.” This will be his second book. He previously wrote a book of financial advice called It’s About the Money.
Would you read his memoir?
In honor of the 37th anniversary of Black History month, the Jordan brand has teamed up with celebrity stylist Don C of Just Don to create 37 pairs of limited edition Air Jordan 1’s. The Air Jordan 1 was originally released in 1985 and has is still popular today.
In addition to the Jordan 1’s, the auction winner will get a signature BMH Just Don Snapback. The BE BOLD auction is happening on eBay and will run through February 28, the end of BHM. And if the celebration of Black History month wasn’t enough, the best part is that the proceeds will benefit Big Brothers Big Sisters.
Could you have something in your attic or basement that is worth thousands? Actress/model Marsha Hunt did. She recently sold the love letters that legendary rocker Mick Jagger of The Rolling Stones sent her when the two were an item. Hunt recently auctioned off the letters, which then-25-year-old Jagger penned during the summer of 1969 to his African-American former lover while he was in Australia working on the film Ned Kelly, reports The Grio.
The 10 letters were sold at a Sotheby’s auction for $301,472 to a private collector. Initially, they were thought to only be worth $160,000, writes the Associated Press. “When a serious historian finally examines how and why Britain’s boy bands affected international culture and politics, this well-preserved collection of Mick Jagger’s hand written letters will be a revelation,” Hunt said in a statement distributed by the auction house. Jagger reportedly also wrote the 1971 hit song “Brown Sugar” about Hunt, according to TIME. Hunt and Jagger have one child together — daughter Karis Jagger.
Like, Hunt you could have a treasure packed away in storage. If you think you have something valuable, get it checked by an appraiser. Also, go online to sites like eBay and do a search for similar items. Reports eHow, “As a general rule, you can count on an item being of some value if it is more than 15 years old.”
According to MSN, things to look for include gold and silver jewelry, items that have been passed down from generation to generation, special magazine editions, old movie posters, old stocks and bonds, vintage sporting goods such as antique gold clubs, and even old electronic gadgets. “Gazelle.com buys items in 20 categories, including desktop computers, cameras (film and digital), cellphones, even Wii video games,” advises MSN.
Former CSI actor Gary Dourdan has found himself among the laundry list of Hollywood celebrities with money woes. TMZ is reporting that the green-eyed actor with a turbulent past filed for Chapter 11 on August 30th this year. The paper’s filed reveal that the Hollywood bad boy has slightly over $1.8 million in assets; however, is 1.73 million dollars in debt. CBS42 reports that he decided to file in an effort to prevent Wells Fargo from putting his Venice, CA, home up for auction.
A large percentage of that debt, 1.689,705 million, to be exact, is owed to several banks. Of those banks, one actually holds the mortgage for his home, which could be in danger of being in default. Now, this is probably something we’re all used to hearing about since there always seems to be one celeb or another making headlines for not properly handling their funds, but what leaves many scratching their heads and raising their eyebrows in amazement is the rundown of his assets, which TMZ briefly lists.
$200 cash, $3k in a bank account, $4k in furniture, $200 worth of books, $1,500 in clothes, $500 in watches … oh and a 2006 Dodge Charger worth $7,000.
Wait, it gets more interesting.
Gary says his disposable income is only $321 a month … claiming his bills ($14,562 a month) eat up just about all of the $14,883 he pulls in on average.
Now, I’m not a mathematician, but most would simply cut back on their expenses when found in a situation such as this one. The whereabouts of his accountant should be the real question that people are asking. Despite the unfortunate circumstances, the 45-year-old actor remains optimistic. He shared with TMZ that he is anticipating some pretty huge acting gigs will be coming his way in the near future, which will assist him in resolving his debt issues, but many doubt this since he has yet to land any major roles since departing from CSI in 2008. We hope he’s right and maybe next time he will do a better job of managing his money.