Tag Archives: auction

Neil Armstrong souvenirs brings $7.5 million at auction


Associated Press Astronauts Neil Armstrong and David R. Scott show up March 16, 1966, at Complex 19 for a simulated test in preparation for flight.

Sunday, Nov. 4, 2018|10:06 a.m.

DALLAS– Souvenirs that belonged to the very first guy to set foot on the moon, Neil Armstrong, has actually brought more than $7.4 million at auction.

Dallas-based Heritage Auctions says the item that cost the highest price, $468,500, at Saturday’s auctionwas Armstrong’s spacecraft ID plate from Apollo 11’s lunar module Eagle. Likewise offered were a piece from the propeller and a section of the wing from the Wright bros’ Flyer, the very first heavier-than-air self-powered aircraft, which each sold for $275,000.

The flight fit Armstrong used aboard Gemini 8, the 1966 mission that performed the very first docking of two spacecraft in flight, brought the astronaut’s household $109,375.

On the other hand, in a different auction, a gold-colored Navy aviator’s helmet when owned by John Glenn, the very first American to orbit the earth, cost $46,250.

Closed Lucky Dragon resort increasing for auction


Sam Morris/Las Vegas News Bureau The Lucky Dragon resort is seen on Sahara Avenue on Tuesday, Nov. 29, 2016, ahead of its grand opening on Dec. 3, 2016. By contact) Friday, Oct. 12, 2018|10:30 a.m. The shuttered Lucky Dragon hotel-casino near the north end of the Strip is set to be sold to

the highest bidder later on this month. Constructed for$ 160 million in 2016, the property is going up for auction Oct. 30. The home consists of a 203-room hotel, a 27,500-square-foot casino floor, space for 5 restaurants and bars, a medspa, outside swimming pool, fitness center, retail space and 408 parking areas on 2.51 acres fronting Sahara Avenue, simply west of the Strip. “For the right visionary and owner, this site and amenity-rich property represents an exceptional chance to own a premium Las Vegas hospitality property clearly located in between the progressing north end of the Strip and the entrance to downtown Las Vegas,” Michael Parks, senior vice president of CBRE, an industrial property company assisting broker the offer, stated in a statement.” The instant location is marked by the continuous advancement of Resorts World; reimagination of the Drew, previously known as Fontainbleau; a recently revealed$ 100 million reinvestment in SLS; growth and

advancement of the Convention Center district; and 38 acres just recently obtained by Wynn north of Style Show,” Parks said. The winning bidder will take control of the Asian-inspired resort with a clear title. The auction is set for 10 a.m. Oct. 30 at the Nevada Legal News structure, 930 S. 4th St., in downtown Las Vegas.

More Toys R Us Properties Hit Auction Block

More than 120 Toys R United States stores are now on the auction block, with the last of the company’s U.S. shops arranged to close Friday.

A Virginia bankruptcy court on June 28 authorized an initial bid date of July 16 for 123 Toys R Us residential or commercial properties owned by Toys R United States Residential Or Commercial Property Co. II LLC. An auction for the insolvent company’s intellectual assets is set for Aug. 6.

The business’s portfolio includes 112 owned shops, 11 ground leasehold interests and 10 other possessions with income potential. The large majority are on the East Coast and in the Midwest.

Financial advisory and asset management company Lazard is the investment lender and A&G Realty Partners is the real estate broker managing the sale.

” It’s rare to have this lots of owned homes that come on the market at the same time, with this quality and caliber of property,” said Emilio Amendola, co-president of A&G Realty Partners.

Amendola compared the Toys R Us using to those of Heilig-Meyers, a retail furnishings store chain that went bankrupt in 2000, with one caveat – the Toys R United States shops remain in much better areas.

The Toys R United States shops are located in 29 states, with 18 each in Pennsylvania and Ohio. A&G Realty said Toys R United States has invested $1.5 million, typically, in each retail property given that 2002.

Brad Umansky, president of Rancho Cucamonga, CA-based Progressive Property Partners, stated the superior conditions of many shops will interest retailers, but he likewise said other designers will eye the homes with interest.

” I’ve already heard of people talking about it,” he stated.

The order authorizing the auction was issued in U.S. Insolvency Court for the Eastern District of Virginia.

The business, based in Wayne, NJ, applied for Chapter 11 personal bankruptcy last September. It once operated in 735 locations but has actually not reported a profit in five years.

Toys R United States is closing its staying 200 approximately U.S. shops by Friday. It will continue to operate some shops worldwide.

Rob Smith, Retail Press Reporter CoStar Group.

Fortunate Dragon auction delayed in Las Vegas

The sign outside of the Lucky Dragon is shown on Feb. 6, 2018. (Peter Dawson/FOX5)
< img alt= "The indication outside of the Lucky Dragon is shown on Feb. 6, 2018.( Peter Dawson/FOX5)A closed sign is shown at the Lucky Dragon hotel-casino on Feb. 6, 2018. (Peter Dawson/FOX5)
” title= “The indication outside of the Lucky Dragon is shown on Feb. 6, 2018. (Peter Dawson/FOX5)A chain holds the doors to the Lucky Dragon shut on Feb. 6, 2018. (Peter Dawson/FOX5)
” border =” 0″ src= “/wp-content/uploads/2018/02/15988442_G.png” width=” 180 “/ > The indication beyond the Lucky Dragon is shown on Feb. 6, 2018.( Peter Dawson/FOX5)< img alt=" A closed sign is revealed at the Lucky Dragon hotel-casino on Feb. 6,2018.( Peter Dawson/FOX5)” title=” A closed sign is shown at the Lucky Dragon hotel-casino on

Feb. 6, 2018.( Peter Dawson/FOX5)” border=” 0″ src=” /wp-content/uploads/2018/02/15988400_G.png” width=” 180″/ >The Lucky Dragon Casino is pictured in this undated image (FOX5).A closed indication is shown at the Lucky Dragon hotel-casino on Feb. 6, 2018.

( Peter Dawson/FOX5) A chain holds the doors to the Fortunate Dragon shut on Feb. 6, 2018.( Peter Dawson/FOX5) A chain holds the doors to the Lucky Dragon shut on Feb. 6, 2018.( Peter Dawson/FOX5) Las Vegas’ Lucky Dragon Gambling establishment dealing with foreclosure Las Vegas’ Fortunate Dragon Casino dealing with foreclosure Upgraded >: Thursday, January 18 2018 2:25 AM EST2018-01-18 07:25:09 GMT < img border=" 0" width=" 90" title=" The Fortunate Dragon Gambling establishment is pictured in this undated image( FOX5

).” alt=” The Fortunate Dragon Casino is pictured in this undated image (FOX5 ).”/ > The Lucky Dragon Gambling establishment is pictured in this undated image( FOX5). Files from the Clark County Recorder’s workplace show the Fortunate Dragon Gambling establishment, which opened in late 2016, is now facing foreclosure More >Artist rendering shows the Lucky Dragon hotel-casino.Files from the Clark County Recorder’s workplace reveal the Lucky Dragon Gambling establishment, which opened in late 2016, is now dealing with foreclosure More > Fortunate Dragon hotel-casino to minimize personnel, video gaming choices Fortunate Dragon hotel-casino to minimize personnel, gaming options Upgraded:

Thursday, January 4 2018 4:08 PM EST2018-01-04 21:08:17 GMT Artist rendering shows the Fortunate Dragon hotel-casino.Among the most recent homes near the Las Vegas Strip announces strategies to cut costs in the middle of a reorganization process. More > One of the most recent homes near the Las Vegas Strip announces plans to cut expenses amid a reorganization procedure. More > Fortunate Dragon celebration represents increase of Asian tourist

Performers dance with a dragon-themed decoration (FOX5).in Las Vegas Lucky Dragon celebration symbolizes rise of Asian tourism in Las Vegas Updated: Monday, December 4 2017 1:55 AM EST2017-12-04 06:55:23 GMT Entertainers dance with a dragon-themed decoration (FOX5). Millions of people travel to Las Vegas every year, making it one of the largest tourist locations worldwide. However, less than twenty percent of those visitors are from other countries. More > Countless people travel to Las Vegas every year, making it among the largest traveler destinations in >

the world.

Nevertheless, less than twenty percent of those visitors are from other countries. More > LAS VEGAS( FOX5)- The Lucky Dragon hotel and gambling establishment auction has been delayed. An auction was scheduled to occur on Tuesday morning.

It is now arranged to occur on Feb. 22 at the exact same time, 10 a.m., due to the beneficiary’s demand.

The home opened in November 2016. 10 months later on the gambling establishment received a default notification for a $90 million loan, which was the very first sign that the residential or commercial property was struggling. In December, just past the one-year anniversary, the property laid off workers when gaming and restaurant sections halted operations.

The property aimed to draw in Asian tourists and draw them away from well-established casinos. The Lucky Dragon also cannot interest residents. During its opening, the video gaming floor was filled with popular Asian video games like baccarat and had actually restricted blackjack and no craps tables.

The nine-story resort hotel with 27,500 square feet of gambling establishment area sits on a 2.5-acre lot on the north end of the Strip.

The auction will happen at Nevada Legal News at 930 South 4th Street, near Charleston Boulevard and Coolidge Opportunity.

Nevada Legal News said a last minute personal bankruptcy or outside investors could stop the sale.

Copyright 2018 KVVU ( KVVU Broadcasting Corporation). All rights booked.

Mecum auction turns Las Vegas into '' motorcycle capital''.


< img

class=” photo” src=” /wp-content/uploads/2018/01/20170602_Sun_Motorcycle_Auction_LE5_t653.jpg” alt=” Image “/ > Las Vegas Sun Guests mill about the lots of bikes up for quote throughout the Mecum Las Vegas Motorbike Auction at the South Point, Friday, June 2, 2017.


Tuesday, Jan. 23, 2018|2 a.m. Winter season weather makes January a bleak time for bike riders in much of the United States, however an event in Las Vegas provides a warm area on the calendar.

The yearly Mecum Las Vegas Motorcycle Auction has actually turned into a meeting place for bike lovers around the globe, stated Ron Christenson, president of Mecum’s MidAmerica Motorbike Division. Although the sale is the centerpiece, Christenson stated bike groups like the Antique Motorbike Club of America have actually started convening coinciding with it.

” In our 27 years in Las Vegas, we’ve seen it end up being the mecca for classic motorcycle individuals,” he said. “It’s really become a social event there.”

This year’s auction begins today at South Point with 4 days of sales and associated occasions.

More than 1,200 bikes are arranged to go on the block, varying from costly rarities to non-running project bikes for home mechanics.

In 2015, the auction set a record of more than $13 million in sales, with a 92 percent sell-through rate.

This time around, a rising economy and a strong group of bikes for auction have organizers feeling positive.

” I think the economy has actually made individuals believe maybe I will put my cash into something I can touch,” Christenson said. “We saw this back in the big boom, too, in the early 2000s, where obviously individuals were putting some money into the stock exchanges, however there was likewise the reward to put it into something tough and cold.”

If you’re interested in purchasing or just coming as a spectator, here are a couple of things to know:

– This year’s stock includes motorcycles from numerous impressive collections. They include more than 160 off-road bikes from Tom Reese’s Moto Armory, which Christenson said houses “some of the very best motocross bikes on the planet.” Collector Bob Weaver likewise is providing bikes from his collection of low-mileage 1970s and 1980s superbikes, much of which are street-legal variations of racing bikes.

– There are still plenty of brought back and unrestored bikes for purists, however “cafe racer” type bikes are hot. The term came from England, where bicycle riders would speed from cafe to coffee shop on production bikes they had actually personalized with racing-style handlebars, solo seats, shortened fenders, high-performance engine parts and other adjustments aimed at minimizing weight and enhancing horsepower. Now, the design is back.

” You’ll see a ’60s or ’70s stock bike– an Accomplishment, a BSA, a Harley-Davidson– and they have a retail worth of $8,000 to $10,000 at the auction,” Christenson said. “However if someone has souped up the motor and put disc brakes on it, better exhausts, punched out the motor to 80 to 90 horsepower compared to the original 40 or 50, put the larger tires on it with brand-new suspension and forks on it that makes it handle like a brand-new motorbike but looks old, it’ll bring $15,000 to $20,000.”

– Early American models also are appealing to purchasers.

” I’m talking back to 1911 to 1920,” Christenson stated. “And not just the Harley-Davidsons and Indians. I don’t think a great deal of people understand that in 1912 and 1913, there resembled 200 makers of motorcycles simply in the United States alone. World War I took most of them out, and exactly what took the rest of them was that they just could not keep up with the innovation of Harley and Indian.”

– Bidder registration is readily available for $200 at the auction, which includes admission for two individuals to each day of the occasion. General admission tickets are available at the door for $30, with kids 12 and younger confessed totally free. Doors open at 8 a.m. daily, with bidding starting at 1 p.m. today and 9 a.m. Wednesday through Saturday.

– The Las Vegas auction has taken advantage of a tech interruption. Christenson said one factor the Las Vegas sale has actually grown is because of the web’s impacts on swap meets, which as soon as were magnets for collectors and classic bike lovers.

” You used to be able to obtain all the parts you required for your 1915 Harley at a swap fulfill, now you can purchase it on the web and there’s not much reason to go to one,” he stated. “So Las Vegas has actually kind of changed a great deal of that, just since the swap satisfies are not like they utilized to be.”

To find out more, see the Mecum Las Vegas Motorcycle Auction page.

Mecum to provide 1,000 automobiles for very first auction in Las Vegas

contact) Tuesday, Oct. 17, 2017|4:30 p.m. A company that has staged several successful bike auctions in Las Vegas will be back next month with its first sale for cars and truck collectors in the valley.

Mecum Auctions announced that its occasion, arranged for Nov. 16-18 at the Las Vegas Convention Center, would feature an approximated 1,000 vehicles from some 20 surrounding states and Canada.

Amongst the cars and trucks most likely to draw high bids are a 1965 Shelby 289 Cobra roadster, a 1958 Mercedes-Benz 300SL roadster and a two-owner 1970 Plymouth Hemi Superbird, a factory-modified, NASCAR-inspired muscle automobile.

Collector Les Quam will offer 11 cars, consisting of five Dodge Vipers and a rare 1968 Camaro.

“The quality of cars and trucks that our consignment group has actually assembled for our very first collector-car occasion in Las Vegas is exceptionally excellent, and I highly encourage everybody to go to Mecum.com to preview the incredible lineup for themselves,” said Sam Murtaugh, Mecum’s vice president of marketing and presentation, in a press release. “While we are certainly no complete strangers to the city of Las Vegas, we are enjoyed be bringing a frequently arranged Mecum collector-car experience to town this November.”

The auction is open to buyers, sellers and spectators. General admission tickets are readily available online beforehand for $20, and for $30 at the door and online after the start of the sale. Bidder registration is $100 online in advance and $200 after the auction gets underway.

Doors will open daily at 8 a.m., with auctioning starting at 1 p.m. Nov. 16 and 10 a.m. the following days. Anybody interested in consigning an automobile for the auction must visit the company’s site or call 262-275-5050.

'' Motown Mansion ' contents being sold in auction, estate sale

Monday, Sept. 4, 2017|4 p.m.

DETROIT– The public will have the ability to celebrate Detroit’s musical history by taking part in an estate sale and live worldwide auction of the contents of the “Motown Estate.”

The 10,500-square-foot (975-square-meter) house as soon as owned by Motown Records’ founder Berry Gordy Jr. will be cleared of its contents in early October, MLive reported.

Gordy lived in your house from 1967-1969, at the peak of his label’s success with stars such as The Supremes, The Four Tops, Smokey Robinson and Stevie Marvel. He sold it to Cynthia Reaves in 2002, and Reaves sold the residential or commercial property in August, leaving her with a wealth of memorabilia to unload, consisting of Gordy’s Steinway piano, fashion jewelry, images of Gordy with Motown stars and initial pressings of Motown songs.

“We want to have this incredible occasion,” stated Aaron Siepierski, owner of Aaron’s Estate Sales of Birmingham.

More ordinary things, consisting of cookware, furniture and regular home products, will be up for grabs at the three-day estate sale and a live international auction event that could feature a see from Motown stars. The dates for the sale will be settled by the second week of September.

Siepierski stated some of the personal property that came with your home came from Diana Ross.

“As we entered into the items and history … we thought, ‘We can bring this to a worldwide marketplace,'” Siepierski said.

Reaves prepares to have a nonprofit company at the sale to charge a nominal admission. She stated she wants the sale to feel like an area event that celebrates its connections to each house.

“There’s going to be something for everybody,” Siepierski said. “Things will be cost effective through a complete price variety.”

Gearhead heaven: Las Vegas motorbike auction offers 600-plus bikes


Ric Anderson/ Las Vegas Sun personnel Bidding in the Mecum Las Vegas Motorcycle Auction is arranged to get underway Friday, June 2, 2017, at the South Point Display

Friday, June 2, 2017|2 a.m. With wheels about as huge around as a soccer ball and a leading speed that wouldn’t get you ticketed on most Las Vegas streets, the 1974 Honda Trail 70 up for bids in the Mecum Las Vegas Bike Auction might not seem nearly as excellent as the custom chopper sitting two bikes away.

But take a better look with a qualified eye, like Rick Doughty’s, and the little Path 70 more than holds its own with its flame-painted next-door neighbor.

“There were a number of guys looking at it, and one told the other he believed it would opt for about $3,000,” said Doughty, who’s been buying and bring back bikes for Thirty Years. “I stated, ‘Look at the odometer.’ It has 2 miles on it. To find a machine that’s been maintained so well over a lot of years is remarkable.”

Mecum Las Vegas Motorcycle Auction Release slideshow”Doughty estimated that the Path 70, one of more than 600 bikes on the block

in the auction, would cost $5,000 or more. Okay for a bike that cost about $700 brand-new, according to Doughty. Doughty is among numerous hundred buyers expected to end up for the

two-day auction, which starts today at South Point’s Exhibition Hall. They’ll be bidding on bikes varying from antiques from the early 1900s to powerful

modern-day makers like the stripped-down, bare-steel 2010 Confederate P120 Fight Fighter, which appears like a Terminator robot on wheels. The bikes in between show the progression of motorcycle design. There are 1910s Harley-Davidsons and

Indians that look more like bikes with engines than contemporary motorbikes, 1930s and 1940s street cruisers with art deco-style flared fenders, a great deal of 1960s and 1970s motorcycle and modern sport bikes and street cruisers. Mecum’s last Las Vegas auction, held in January, yielded more than$13 million in sales, with 868 of the 949 bikes on the block being sold. Doughty, the owner of Vintage Iron bike repairs in Yorba Linda, Calif., said that he expected this week’s bidding to be brisk. He was among purchasers who turned

out for a sneak peek Thursday.”Like whatever, the(motorcycle collector and remediation)market dropped off in 2008, but it’s been returning up ever since, “he said.”I ‘d say we’re above the pre-recession level now.”The top seller in January was a 1912 Henderson Four that cost$490,000. Today’s included items consist of a motorcycle as soon as owned by actor Charles Bronson, a sidecar-equipped 1937 Harley-Davidson and

an unusual 1971 Honda coffee shop racer. Doors open at 8 a.m., with auctioning scheduled to start at 9 a.m. Tickets are$30.

Jerry Garcia'' s guitar truckin' ' to auction, could fetch $1M.

Friday, May 5, 2017|8:53 a.m.

New York City– Jerry Garcia’s tailor-made guitar is truckin’ to auction in New York City.

The Grateful Dead frontman’s guitar is called Wolf. Guernsey’s auction house says it’ll be offered May 31 at Brooklyn Bowl, a bowling street, restaurant and place for music shows.

The proceeds will go to the Alabama-based Southern Poverty Law Center.

The guitar is being sold by devoted Deadhead Daniel Pritzker. The philanthropist, musician and film director bought it in 2002 at Guernsey’s for $790,000. It might surpass $1 million this time.

The auctioneer states Wolf initially appeared in a 1973 New York efficiency the Grateful Dead offered for the Hells Angels.

Garcia played Wolf everywhere from San Francisco’s Winterland Ballroom to New york city’s Palladium and Egypt’s Great Pyramids.

The 1977 film “The Grateful Dead Motion picture” was directed by Garcia and includes substantial Wolf video footage.

Garcia died in 1995.

Bruce Jenner’s 1984 Olympic Torch going on auction block


Heritage Auctions/ AP

In this 1984 photo, U.S. decathlete Bruce Jenner stands with the 1984 Olympic Torch he finished Lake Tahoe.

Monday, July 6, 2015|11:38 p.m.

NEW YORK– The 1984 Summer season Olympic Torch that Bruce Jenner finished Lake Tahoe, Nevada, is going on the auction block where it could bring $20,000 or more.

It’s the very first significant piece of Jenner souvenirs to go to auction since the winner of the 1976 Olympic Decathlon Gold Medal became Caitlyn Jenner.

The 24-inch torch, featuring a brass finish and leather deal with, is being provided by Heritage Auctions at its Platinum Night Sports Auction in Chicago on July 30. The seller is Bob Lorsch, a Los Angeles benefactor and business owner who managed the Tahoe leg of the torch relay and secured Jenner’s involvement.

“This torch functions as a remarkable symbol that masculinity and feminineness are not equally exclusive,” said Chris Ivy, Heritage’s director of sports auctions. “The decathlon has long been considered the ultimate athletic proving ground. Jenner has actually played both gender roles masterfully.”

Jenner was approached to carry the torch as part of the Los Angles Summertime Olympic Games to aid support Caesars Tahoe’s program of returning to the local neighborhood and promoting location youth programs, said Lorsch. The hotel gambling establishment held a drawing for a possibility to win a place in the relay and sponsored 50 kilometers or about 31 miles of the Nevada route. Seven went to people and 42 to local companies. Jenner was asked to run the remaining kilometer or 1,000 meters.

“Caesars saw it as a tremendous opportunity … to do something more unique, never ever realizing that we would be developing what is really a piece of history that originated as a piece of sports history, then progressed as a piece of home entertainment history through the Kardashian legacy and ending up being a cultural phenomenon through the shift to Caitlyn,” said Lorsch.

“Besides trinkets and signed souvenirs, this is the very first piece of what I would think about considerable Jenner souvenirs to reach the auction block,” said Ivy.

Much better understood to a younger generation as the patriarch on “Keeping up With the Kardashians,” Jenner, 65, announced earlier this year that he was transitioning to become a lady. Vanity Fair ran glamour photos of him as Caitlyn.

A spokesman for Jenner didn’t react to a request for comment.

Caitlyn Jenner will receive the Arthur Ashe Nerve Award at the upcoming ESPY Awards on July 15 for her bravery for publicly coming out as a transgender female.

An E! Home entertainment network documentary series “I Am Cait,” portraying Jenner’s change from a guy to a female, will debut July 26.