auction

Nike to auction 1500 pairs of 2011 MAG shoes for charity

Ever wanted to own the Nike Air MAG shoes sported by Marty McFly in 'Back to the Future II'? Well here your chance to grab a pair. The sneakers worn by Michael J. Fox in the 1989 classic film is finally a reality... sort of.

NASA, Apollo astronaut in legal battle over moon camera

Astronaut Edgar Mitchell might have got NASA's approval to keep the camera discarded for garbage after the 1971 Apollo 14 moon mission. But does he own it, and can he sell the souvenir thrown away on moon after mission completion? Mitchell says yes, NASA thinks otherwise.

Auction of the Century: Nortel’s patents sale starts Monday

The Intel Corp. has gained approval from the Justice Department of Federal Trade Commission (FTC) to bid on the pot of around 6,000 patents held by the waning Nortel Networks Corp., a firm that was soaring in the late 1990s.

WARREN BUFFET'S LUNCH GETS RECORD BID OF $2,626,411

What would you pay to break bread with one of the richest men in the world? Ask the anonymous donor who put in the winning bid of $2,626,411 at the 12th annual charity auction for the privilege of dining with billionaire investor Warren Buffett.

Agassi offers Steffi's naked photo for highest bid

Wondering to what limit one can go for raising funds for a charity? Well, the former tennis star Andre Agassi used his wife's nude photo to solicit higher bids in a Taiwan auction.

Custer's flag sells for $1.9M at auction

New York -- One of U.S. Gen. George Armstrong Custer's battle flags, left on the field of the Little Bighorn by the Indians, didn't win much respect from collectors either.

The cavalry guidon, a military standard, drew a mere $1.9 million, much less than expected, at an auction at Sotheby's in New York Friday, USA Today reported. The price fell below the low-end presale estimate of $2 million, despite predictions it might go for as much as $5 million.

Sotheby's described the flag as a "silk guidon with a field of 13 red and white stripes and a canton of blue with 35 applied gold stars, with a swallow-tail design at free edge; some fraying, splits, and tears; some running of color; staining, including, evidently, blood stains."

Foreclosures still plague housing market

Fort Lauderdale, Fla. -- Almost half of home sales in South Florida in the third quarter involved properties in some stage of foreclosure, hindering the housing market, analysts say.

About 42 percent of Broward County homes sold during the July-through-September period were in default, scheduled for auction or bank-owned, the South Florida Sun Sentinel reported Thursday.

Broward was second only to Miami-Dade County with 4,688 foreclosure-related sales in the quarter, RealtyTrac Inc., an Irvine, Calif.-based listing firm. said.

Nationally, a quarter of all home sales involved a distressed property.
"Foreclosures are still a big part of the housing market because there's such a built-in discount," RealtyTrack spokesman Daren Blomquist said.

Foreclosures still plague housing market

Fort Lauderdale, Fla. -- Almost half of home sales in South Florida in the third quarter involved properties in some stage of foreclosure, hindering the housing market, analysts say.

About 42 percent of Broward County homes sold during the July-through-September period were in default, scheduled for auction or bank-owned, the South Florida Sun Sentinel reported Thursday.

Broward was second only to Miami-Dade County with 4,688 foreclosure-related sales in the quarter, RealtyTrac Inc., an Irvine, Calif.-based listing firm. said.

Nationally, a quarter of all home sales involved a distressed property.
"Foreclosures are still a big part of the housing market because there's such a built-in discount," RealtyTrack spokesman Daren Blomquist said.

Police nab pink Harley theft suspect

Louisville, Ky. -- Police in Kentucky said they arrested a man accused of stealing a pink Harley-Davidson meant to be auctioned for a cancer charity.

Louisville police said they found the bike in the possession of Kenneth Cravens, 45, during a meth investigation and he is now facing several charges, WTVQ-TV, Lexington, Ky., reported Wednesday.

The bike had been scheduled to be auctioned for the Susan G. Komen Race for the Cure before it was taken from a Lexington trailer.

Copyright 2010 United Press International, Inc. (UPI).

Apple-1 sold by Steve Jobs from parents' garage to be auctioned

Christie’s auction house in London will put under hammer the first computer sold by Apple’s founder, Steve jobs from his parents’ garage.

Madoff's underpants headed for auction

New York -- The U.S. Marshals Service said Bernie Madoff items headed for auction in New York include a $300,000 diamond ring and the Ponzi scheme fraudster's boxer shorts.

The Marshals Service, which is handling the sale of Madoff's possessions to benefit the victims of the fraud, said the Saturday auction will feature the $300,000 diamond engagement ring the jailed Madoff gave his wife, Ruth, as well as 109 used pairs of socks and 11 pairs of unused boxer shorts, the New York Post reported Thursday.

The sale will also include 138 pairs of new socks, a pair of black silk Armani pants and a pair of brand new Prada pantyhose.

Copyright 2010 United Press International, Inc. (UPI).

Dillinger 'death mask' up for auction

Chicago -- A Chicago auctioneer said items at an upcoming sale include a cast of outlaw John Dillinger's face made after his death.

Leslie Hindman Auctioneers said the "death mask," which was created by an amateur criminologist after the gangster's death, will be auctioned Nov. 18 alongside Al Capone's monogrammed scarf, The Chicago Sun-Times reported Tuesday.

The auction house said other pieces of Chicago memorabilia in the auction include rare maps of the city from before the great fire of 1871, a 28-ounce beer schooner from Hinky Dink's Saloon and a first-edition copy of Daniel Burnham's "Plan of Chicago."

Copyright 2010 United Press International, Inc. (UPI).