Collectible - Vintage Collectibles and Hot Online Auction Trends

BidTrendz.com - Collectible / Collectable News: the authoritative source on hot collectibles and your eye on current trends and prices in the online auction world. The Ultimate Price Guide - What's Hot? Granted, it's hard to put a finger on everything hot in the collectibles and online auction markets, but we hope to open the window just a tad by aggregating content that we find interesting, and hopefully you might also....

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9/4/2008

Sotheby’s Sues CNET Founder

Filed under: — site admin @ 6:35 pm

Sotheby’s Sues CNET Founder for $16.8 Million in Fees

By DAVID GLOVIN,
Bloomberg News
September 4, 2008

“Sotheby’s, the world’s largest publicly traded auction house, sued Halsey Minor, founder of CNET Networks Inc., for not paying $16.8 million for the purchase of works of art including Edward Hicks’s “Peaceable Kingdom.”

The suit, filed yesterday in Manhattan federal court, claims Mr. Minor bought Hicks’s biblically inspired painting and two other works in May and hasn’t paid for them. The works are worth more than $13 million and the auctioneer said it’s also owed legal fees, interest, and late fees, according to the complaint.”

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Jimi Hendrix First Burnt Guitar

Filed under: — site admin @ 6:22 pm

Hendrix’s burnt guitar fetches near $500,000 at auction

AFP
Thursday, September 04, 2008

“LONDON - The first guitar that rock legend Jimi Hendrix burned on stage fetched $495,000 at an auction in London on Thursday.

Also sold was the first management contract signed by The Beatles on January 24, 1962, which bears the names “John Winston Lennon,” “George Harrison,” “James Paul McCartney” and “Richard Starkey” (Ringo Starr).

Hendrix set the 1965 Fender Stratocaster alight - a gesture he later became famous for - following a landmark performance at London’s Finsbury Astoria in March 1967, and had to be taken to hospital to be treated for minor hand injuries afterward.”

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1939 Vincent-HRD Auction Record

Filed under: — site admin @ 6:18 pm

Motorcycle breaks auction record

Channel 4 - News
02 Sep 2008
Source: PA News

“A vintage motorcycle dating back to the 1930s has set a new British record when it sold for more than 200,000 pounds at auction.

The classic 1939 Vincent-HRD 998cc Series-A Rapide, was snapped up for a record price of 214,800 pounds (US $377,521) at the Bonhams sale in London on Monday.

The new record was set only hours after the previous British record was also smashed when an ex-Roland Martin, Brooklands, 1927 Zenith-JAP 8/4hp Championship Motorcycle Combination sold for 177,500 pounds (US $311,893) during the same auction.”

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8/28/2008

Rare Political Campaign Buttons

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Collectors seek rare political campaign buttons

Yahoo! News
By SANDY SHORE, Associated Press Writer
Mon Aug 25, 2008

“DENVER - The most valuable campaign button that will emerge this political season may not even carry pictures of Barack Obama or John McCain.

It turns out the key to making political campaign buttons or other memorabilia valuable for collectors isn’t necessarily the candidates; it’s the quantity - the fewer, the better.

…The process to manufacture campaign buttons was patented in 1894 and first used in 1896 when Republican William McKinley defeated Democrat William Jennings Bryan.”

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8/18/2008

Michael Phelps Trading Card soars in Value

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Phelps trading card skyrockets in value to $500

Financial News - Yahoo! Finance
Thursday August 14, 6:33 pm ET
By Paul J. Weber, Associated Press Writer
Once-ignored Phelps trading card now the industry’s hottest; experts say price could hit $1K

“DALLAS (AP) — Chalk up another remarkable feat for Michael Phelps: somehow making swimming trading cards popular.

An autographed 2004 trading card of the record-shattering Olympian was trading for as much as $500 on Thursday, just two weeks after industry experts say the collectible could be easily had for $25.”

A Donruss spokesman was quoted as saying that “Donruss produced about 300 of the autographed Phelps cards in 2004 and about 5,000 “common” cards not bearing the American swimmer’s autograph.”

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8/10/2008

Rock Memorabilia is Hot

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Quality rock memorabilia has some highly collectible items as evidenced by some of the live eBay auctions that are currently going on:

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Auction House Slow Down

Filed under: — site admin @ 8:30 pm

Auction houses say bidders scaling back

SunJournal.com
Sunday, August 10, 2008

“STAMFORD, Conn. (AP) - A slow economy and changing tastes are resulting in smaller crowds at auction houses and more conservative bids from buyers of antiques and collectibles, the operators of several facilities say.

Although high-end items such as rare paintings and furnishings still draw big bids - particularly from well-heeled European and Asian buyers - the auction house operators say interest in mid-level items is lagging.”

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8/7/2008

Elvis Presley Jumpsuit Sells at Auction

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Elvis’ peacock jumpsuit sells for $300K

USATODAY.com
August 7, 2008

“NEW YORK (AP) - Elvis Presley’s favorite performance costume, the peacock jumpsuit, sold for $300,000 Thursday, making it the most expensive piece of Elvis memorabilia sold at auction.

The online sale by auctioneer Gotta Have It! ended at 3 a.m. The pre-sale estimate was $275,000 to $325,000.”

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Collecting Political Memorabilia

Filed under: — site admin @ 5:54 pm

Little Pieces of Politics, Some Obscure, Lure Collectors

NYTimes.com
By STEVE FRIESS
Published: August 6, 2008

Las Vegas - “Here in the ballroom of the Riviera Hotel & Casino at the 2008 American Political Items Collectors National Convention, Dr. Toepel has no such fear. He is joined by about 300 fellow aficionados who understand the appeal of gathering, studying and selling memorabilia related to politicians…

…Even stalwart Republicans acknowledge that items related to Senator Barack Obama of Illinois, the presumptive Democratic presidential nominee, may become especially valuable if he is elected because he would be the first black in the office. A button, for instance, issued at Mr. Obama’s campaign kickoff in February 2007 sold for $150 on Monday, the first day of the gathering, which ends Thursday.”

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7/29/2008

Department 56 up for sale

Filed under: — site admin @ 7:51 pm

Struggling Lenox in talks to sell Department 56

The parent company is looking for a buyer for its collectibles subsidiary after it was unable to sell its entire enterprise.

By DAVID PHELPS, Star Tribune
July 28, 2008 - 9:51 PM

“Department 56, the venerable retailer known for collectible giftware and limited-edition Christmas decorations, was put on the selling block by its parent firm, Lenox Group.

Struggling Lenox said Monday that it is in “advanced discussions” regarding the sale of Department 56 after it was unable to find a buyer for all of Lenox, which includes Lenox and Dansk tableware and Gorham silver settings.”

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7/21/2008

Champagne as an Investment

Filed under: — site admin @ 9:08 pm

The World’s Most Coveted Champagnes

Vidya Ram, 07.18.08, 2008
Forbes.com

“Next time you need to celebrate, pop open the Champagne–or perhaps, don’t. The bubbly might provide a much more valuable experience if you keep the cork in the bottle and sell it at auction.

Why? While global equity markets have been tanking in the wake of the subprime crisis, the price of a case of high-end bubbly is surging.

…Twelve months ago, a case of Krug 1996 would have set you back just under $3,000 on the auction market, but now it’s worth $4,713.40. Louis Roederer Cristal 1989 is now worth 39.1% more than a year ago, bringing in $6,417.90 a case.”

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7/20/2008

Collecting Harmonicas

Filed under: — site admin @ 9:17 am

Collector’s Corner: Harmonicas

By Michele Alice
AuctionBytes.com
July 20, 2008

“French harp. Moothie. Tin sandwich. Any of these terms strike a chord? How about gob iron, mouth organ, or Mississippi saxophone? If you guessed that they all refer to the harmonica, then you probably already own at least one.

…Collectors are quite willing, however, to pay a premium for models that had limited production runs, feature special logos, or have unusual colors, shapes, or designs. For example, The Beatles edition by Hohner often sells for up to $250, while one collector on the Internet is at present offering up to $400 for a German, WWI-era, Koch Company harmonica shaped like a ship.”

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7/13/2008

First Folio Edition of the Shakespeare works

Filed under: — site admin @ 5:49 pm

Man held over theft of rare Shakespeare folio

Yahoo! News UK
Friday, July 11, 2008

“LONDON (Reuters) - Police are quizzing a man over the theft of a rare collection of works by William Shakespeare stolen from Durham University 10 years ago.

The first folio edition of the Shakespeare works, published in 1623 and said by police to be worth 15 million pounds, was among items taken during a break-in at the university library in December 1998.

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Sneakerheads - Collecting Athletic Shoes

Filed under: — site admin @ 5:41 pm

Sneakerheads get their kicks by collecting athletic shoes

Paul Clark
Asheville Citizen-Times CITIZEN-TIMES.com
July 10, 2008

“ARDEN - Cres Richard is a sneakerhead.

…He’s got Air Jordans and Nike Air Force 1s, and he’s got one of the 300 pairs of Undefeated x Reebok Allen Iverson Question Mid. He paid $275 for them. He’s seen them selling on eBay for $500-$600. The Nike Dunk Dontrelle Willis shoes he paid $80 for last year are selling for $450.

His Nike Dunk SB Supremes that an Air Force buddy bought for him in Tokyo six years ago (for $125 and because Richard couldn’t get them here) go for $1,200 now.”

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Secrets of Successful Collectors

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(ARA) – From Star Wars stamps to Pez dispensers, collectors all over the world scour everything from auctions to antique festivals searching for pieces equal to the “holy grail’ in their collectible categories. What drives them? For some, it’s the thrill of the hunt. For others, it’s having the most prized possession in the palm of their hands. For all, however, it’s the camaraderie amongst like collectors looking for that same big find.

For the avid collector or amateur, the world’s most devout — fanatics of Fiesta Dinnerware — share their secrets to building a collection that will make your collecting comrades green with envy.

Determine your goals
There are two goals in collecting: buying what you love and buying what will resell at a higher price. First, determine if you love to collect this item or if you plan to buy, sell or even trade. Then collect accordingly, says Wendy English of Arizona. English is literally “driven” by her love of Fiesta. Vanity plates on both her vehicles are: FIESTA1 and LVDISHES.  

Pick your passion
People start collections for as many reasons as there are items to collect — nostalgia, as a means of investment and carrying on a tradition. For Harvey Linn of North Carolina, it’s personal. He ate off of a Fiesta plate (always Cobalt blue) at his grandmother’s house in the mid 1960s. With her passing in 1986, he found that same, now vintage, plate and became a collector of his grandmother’s beloved dinnerware.

Do your homework
If you don’t know much about the category you’re collecting, you might be duped when purchasing a coveted item. Know the value of certain items, how rare they are compared to others and what conditions are acceptable for resale, especially if you plan to sell or trade.

Make friends
What better way to find the latest and greatest information about your collectables than from your peers? Join a club dedicated to your desires. You’ll find everything you want to know about the category and you’ll make friends that share your passion.

Display the prize
Don’t make the mistake of storing items in a cardboard box in the garage. Maintain them by keeping them out where you and others can enjoy them. And what better way to keep inventory of what you have and need? However, be sure to keep fragile and extremely rare items behind glass or in cases to keep them from being broken or soiled.

Display by theme, style or time period
To create an eye-catching display, look for commonalities like color or time period. English collects only vintage pieces and displays them by the place setting in her kitchen. “I have a set in every color, except Sapphire,” she says. While shelving or cabinets are ideal, some collectors designate entire rooms to their collections. “It really depends on the size of your items, and overall collection,” adds English.

Don’t settle
Settling for a specific piece that is less than perfect is a big mistake. For instance, don’t purchase the sugar bowl sans lid — it will surely disappoint. Most collectors buy an item thinking they’ll find the missing lid or accessory, which is rarely the case. Purchase only intact, well-maintained pieces for the best return on investment.

Look for “numbered” items or limited editions
Linn collects for quality, not quantity. “I used to pick up odds and ends,” he says. “Now, I only buy numbered or special edition items.”

Shop “secondary” markets
Linn looks to the Internet, online shopping sites and even blogs for hard-to-find pieces. “I look for items made in a year ending in five or zero,” he says. This year, Fiesta collectors are buzzing about the first of three anniversary collections. Considered an American icon, the brand turns 75 in 2011. “When there is a limited color collection with special back-stamp, it makes the collecting community very happy,” he says. Today, the 75th anniversary mixing bowls are available at retail stores, but next year the item retires and says Linn, “will trickle into secondary markets and become the newest must-have.”

Courtesy of ARAcontent

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7/2/2008

Collecting Vintage Planes

Filed under: — site admin @ 8:58 am

Baby boomers snatch up fighter planes of dad’s era

By Martin Zimmerman
LOS ANGELES TIMES
June 30, 2008

“MURRIETA - In the world of warbird collecting, Glacier Girl was a rare prize.

The World War II-era P-38 fighter made an emergency landing on a Greenland ice cap in July 1942 while on a flight from Maine to England. The aircraft eventually was buried under a layer of ice and snow more than 200 feet thick.

In 1992, Glacier Girl was excavated and later restored to flying condition - one of a handful of airworthy P-38s known to exist.

After eight months of negotiating, Brown bought Glacier Girl for an undisclosed sum and then sold the P-38 to a Texas oilman for close to $7 million.

…Collecting World War II aircraft has boomed in recent years as wealthy, nostalgic baby boomers seek to own a piece of their parents’ wartime experience.”

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6/25/2008

Marilyn Monroe Film Footage

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Marilyn Monroe’s candid film footage sold

By KATHLEEN HENNESSEY
The Associated Press
Jun. 25, 2008

“LAS VEGAS — Candid footage of Marilyn Monroe on the set of her last completed film brought in $60,000 at an auction of movie memorabilia Saturday.

The two reels of silent, 8-millimeter color film shot on the set of “The Misfits'’ had been expected to draw starting bids of between $10,000 and $20,000.”

Also sold at the same auction earlier:

“Items sold early Saturday included a suit worn by Elvis Presley in the film “Viva Las Vegas,” which drew a bid of $36,325. Alfred Hitchcock’s driver’s license sold for $8,000, and an original “King Kong” French film poster sold for $40,625, according to the auction officials.”

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Titanic Life Vest Auctioned for $68,500

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Titanic life vest makes splash at auction

TOM AYERS
The Cape Breton Post
June 25, 2008

“SYDNEY - A very rare cork-and-canvas life vest from the ill-fated R.M.S. Titanic, which sank in the cold North Atlantic Ocean in 1912, sold at Christie’s auction house in New York City for $68,500, Wednesday, making the former Cape Breton owners happy.”

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6/5/2008

Beaches Yield Modern Day Treasure

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Lured by gold, treasure hunters scour beaches

BY EMILY ZEUGNER
Associated Press Writer
Friday, June 06, 2008

“Last summer Roy Evans, history buff, outdoorsman and “amateur treasure hunter,” set off in search of buried riches.

Five hours a day, he scoured the fine, white sands of Georgia’s Tybee Island and within a week he’d struck gold: 23 separate pieces including two crosses, 12 rings, a handful of medallions and broaches and one chain necklace — a bounty worth several thousand dollars at least.”

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Gold Cup Shoebox Treasure

Filed under: — site admin @ 9:57 pm

British man’s ’shoebox’ treasure sells for 98,000 dollars

Yahoo! News
Thu Jun 5, 2008

“LONDON, June 5, 2008 (AFP) - An ancient gold cup mysteriously acquired by a British scrap metal dealer and kept in a shoe box for years by its unwitting owner sold for 50,000 pounds (63,000 euros, 98,000 dollars) Thursday.

The 5.5-inch (14-centimetre) object — which is decorated with the heads of two women looking in opposite directions and knotted snakes — went under the hammer in Dorchester, southwest England.”

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