Idols flop at NY auction
Superman didn’t fly, Elvis wasn’t king and Princess Diana’s star
power faded at an auction in New York where dozens of curios from the
world of celebrity and entertainment failed to sell.
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Exhibits at the auction. AFP |
The auction at Guernsey’s in Manhattan boasted an eclectic collection
of memorabilia. The 104 lots ranged from a milk churn used by Houdini in
one of his incredible escapes to the sunglasses of rocker Jim Morrison.
Those with grandiose tastes could bid for the Ten Commandments
tablets brandished by Charlton Heston in the epic 1956 movie of the same
name, a section of the Eiffel Tower staircase, and even a pair of
nostrils from the Statue of Liberty.
Yet, unusually for a New York auction, virtually nothing sold.
“I am a little beaten up right now,” Arlan Ettinger, president of
Guernsey’s auction house, told AFP.
The flops included a supposedly irresistible Superman cape, a
gold-and-diamond bracelet worn by Elvis, and a diamond necklace once
belonging to the late Princess Diana, which went to auction with a price
estimate of 1.5 to 2.5 million dollars.
“We tried to convince the sellers to be realistic in a tough
economy,” Ettinger said. “I think the reserve prices were very high.”
Reserves are the base price that owners and auction houses agree on,
in confidentiality. When no bids meeting that figure are made, the lot
is withdrawn — usually a relatively rare event.
The biggest spender of the evening was US billionaire Stewart Rahr
who snapped up the statuette from the classic movie “The Maltese Falcon”
for 305,000 dollars.
Rahr’s friend, the actor Leonardo di Caprio, was at the auction but
did not bid from the floor.
AFP |
