All posts tagged 'auction'
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Apparently buying a baseball club is like Poker

by James 4. August 2010 12:01

The Rangers

It’s been said by experts that when a couple of millionaires come to Ford Sorth federal courthouse on Wednesday to start the bidding on the Texas Ranger baseballs club, it’ll be just like a high stakes poker game.

"It's like poker," said Dallas lawyer William Siegel. "It's very much like a poker game."

And just like a poker game, Nolan Ryan and Chuck Greenberg will have the opening bid.

Bankruptcy judge D. Michael Lynn who is presiding over the case has set the rules that whoever bids will have to up the ante by around $15 million over the offer.

"It's a lot of strategizing," Siegel said. "It may not go up 15 (million dollars). It may go up 30."

Any baseball fan knows the game is happening as much in the dugouts as on the field.  And in the auction process, it's the same. Be prepared for possible backroom deals to cause surprises in the courtroom.  Especially when its time for someone to go all in.

Marilyn Monroe's Cleavage a Timeless Classic

by Kate 29. June 2010 09:49

86

It’s only when x-rays of your chest are auctioned for exorbitant amounts of money five decades after your death that you know you’re pretty secure in your iconic status- but then again you’d be dead so it wouldn’t really mean much to you, but I digress.

Three of the iconic star Marilyn Monroe’s chest X-rays were sold for $45,000 as part of the Hollywood Legends auction at the Planet Hollywood Resort and Casino in Las Vegas this Sunday. The X-rays were from a 1954 visit to the Lebanon Hospital in Los Angeles. Monroe died in 1962 at the age 36 years old from a drug overdose.

Julien’s Auctions, the auction house who sold the X-rays, were not expecting to get more than $3,000 but instead got more than 10 times this amount.

A pair of earrings worn by Kate Winslet in “Titanic” and a dress worn by Audrey Hepburn when she starred opposite Fred Astaire in the musical “Funny Face” were also auctioned off but it was the seemingly eternal popularity of Marilyn’s chest that stole the show.

 
 
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