The News Review:
- Heading Into Auction Season a Mixed Market
- Putin’s First Painting Raises 37 Million Rubles for Charity
- Ford Airplane Fetches $1.1 Million at Barrett-Jackson Auction
Heading Into Auction Season a Mixed Market
New York Times United States
(RM Auctions)ne generality that does appear to be holding true however is that the cars in the best condition with the fewest ?stories? seem to be holding their value while lesser examples of the same cars have declined. David Gooding chief executive of Gooding & Company a collector-car auction house based in Santa Monica Calif. said: ?The gulf in values seems to be widening between the best examples of cars and those examples of the same car that are in some way compromised. ?For astute collectors able to spot a bit of a diamond in the rough this may represent an opportunity to buy ? for substantially less than a year ago ? a car with good bones that may need some minor restoration and detailing work. In any event collector cars are tangible goods that will always have an inherent value. While General Motors may remain a bankruptcy risk in 2009 the 427-cubic-inch 1967 Corvette convertible will not declare bankruptcy and be worth nothing.
Putin’s First Painting Raises 37 Million Rubles for Charity
Bloomberg
14 million) at a charity auction inhis native St. Petersburg last night. The Russian prime minister?s picture of a frosty window madethe highest price of.
Ford Airplane Fetches $1.1 Million at Barrett-Jackson Auction
HNN Huntingtonnews.net USA
7 1941 and was repaired and placed back in service according to information supplied by Barrett-Jackson Auction Co. The plane has the markings of TAT (Transcontinental Air Transport) and was originally used for air mail service. “Because so few of Ford’s marvelous Tri-Motor airplanes still exist this is a rare opportunity to see such an important and historic aircraft” said Steve Davis president of Barrett-Jackson in a release announcing the preview showing in North Carolina. “This particular aircraft survived being shot by enemy aircraft and the perils of fighting fires in Montana. This might be the last chance to see an icon of an important period in American history before it goes into a private collection.
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