Bonhams first dedicated sale of Middle Eastern and South Asian Art to be held outside of Dubai features works of art by artists from no fewer than 13 countries. It takes place in Bonhams main saleroom in New Bond Street, London on 3rd June.
With this auction Bonhams hopes to emulate the previous success seen […]
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Bonhams London Middle Eastern & South Asian Art Sale
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UK Online Auction Site Outbids Recession
The participation of almost 1,100 on-site and online bidders from 61 countries helped keep prices strong at the unreserved public auction conducted by Ritchie Bros. Auctioneers in Moerdijk, the Netherlands last week. The three-day auction generated gross auction proceeds in excess of (euro)45 million (US$57 million). Out-of-country buyers purchased close to (euro)36 million (US$46 million) of equipment. Ritchie Bros., (www.rbauction.com), the world’s largest industrial auctioneer, sold almost 3,900 heavy equipment items and trucks during the three-day auction.
Auction info www.rbauction.com
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Heavy Equipment Prices Strong at Moerdijk Auction
SHOPitLA is offering for sale a titanium fuel tank designed for spaceflight on the Saturn V missile. It is the attitude control fuel tank that provided fuel for the Saturn V rocket that sent Apollo to the moon.
In 1970, NASA announced that it was canceling Apollo missions 18-20 and that Apollo 17 would be the last manned mission to the moon for the foreseeable future.
The remnants of the canceled missiles intended for the moon were declared scrap surplus and sold off. An astute naval captain saw the opportunity and purchased all of the Titanium for 10 cents a pound.
Today, many of these pieces adorn the gardens of the Captain’s Southern California home. This magnificent tank is the largest and most audacious of them all.
Once a member of the Mercury Astronaut Program himself, the Naval Captain was roommates with astronaut Gus Grissom and briefly with Apollo 13’s Jim Lovell. He saw the heroism and struggles of the NASA Space Program first hand and has kept these pieces as reminders for the last 40 years.
Vist www.shopitla.com for more information.
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Saturn Apollo Rocket Fuel Tank on eBay
A Hummer H1, sold unreserved for $69,000 at Shannons Melbourne Summer Auction on November 24.
Egged on by the enthusiastic auction crowd of around 700 people, bidding for the massive off-road vehicle developed from the HMMWV (High Mobility Multipurpose Wheeled Vehicle) used by US Forces in the Gulf War began at $25,000 and soon soared through its pre-auction estimate of $40-$50,000 before selling to a local Hummer enthusiast in the room.
While the Hummer was the highest-priced vehicle lot of the auction, the top price went to a much smaller piece of metal - the Victorian numeric black and white number plate ‘293′, which made a strong $71,000.
In fact sales of the 11 Victorian black and white plates in the auction totalled $320,000, representing an average price of $29,000 per plate.
While the Hummer was the standout sale of the auction, most of the interest was in affordable entry-level classics in the $10-$25,000 range, with British and European sporting cars all being ‘on the money’.
A three-owner 1966 Mercedes-Benz 250SE Coupe that had covered just 91,508 miles from new sold for $23,000; a 1959 MGA 1600 Mk I Roadster in good condition sold for a strong $21,500; a 1985 Porsche 928S Coupe and a 1966 Jaguar MkII 3.4 manual saloon each made $14,000 and a 1987 (red) Maserati Bi-Turbo Spyder brought $11,500.
Good buying amongst other classics in the auction were a 1994 right hand drive Ford Mustang V6 Coupe that sold for $15,000; a black 1961 Holden EK Special Sedan that made $11,500 and a 1985 Volkswagen Karmann Ghia Coupe in need of some body work that sold unreserved for $7,500.
Amongst other good results, a beautiful 1928 Chevrolet National Tourer that had covered less than 1,200 miles since a complete restoration in 1996 bringing $18,000 and a 1960 Harley-Davidson FL Duo-Glide motorcycle in great condition sold for $17,000.
Further information www.shannons.com.au
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Hummer H1 Auctioned at Shannons
