Archive for May, 2006

Buying antiques at auction

Wednesday, May 31st, 2006

Auctions are one of the most exciting ways to buy antiques. You will find almost every type of collectable and, if you are lucky, you might discover a unique bargain, which adds to the fun.
What to do before an auction
Go to auctions regularly. It helps you to find out what you are interested in before [...]

Nigerian River Police to auction off vehicles

Wednesday, May 31st, 2006

The Magistrate Court in Rumuoba, Obio in Port Harcourt, has ordered the Mini-Okoro police station to dispose of vehicles and motorcycles in its possession by public auction or destruction.
This order the court said is in accordance with sections 31 and 32 of the Police Act Cap 154 Law of the Federal Republic of Nigeria.
The order [...]

CBN sells $118m at wholesale auction

Wednesday, May 31st, 2006

The Central Bank of Nigeria (CBN) stepped in at the Wholesale Dutch Auction System (WDAS), last week and sold $118 million to banks that participated which firmed up the naira to N128.65 per dollar from N128.80 to the dollar during the same week.
Bankers said the CBN was forced to step in, in order to save [...]

Voltaire letters to Catherine the Great make nearly $750 000 at Paris auction

Wednesday, May 31st, 2006

A European collector paid a world-record of nearly $750 000 at a Paris auction on Tuesday for 26 letters from French philosopher Voltaire to Russian empress Catherine the Great, auctioneers Sotheby’s said.
An original edition of James Joyce’s Ulysses fetched more than $145000 and nearly $90 000 was paid for 10 letters from the Marquis de [...]

Kenya Embassy Faces ‘Dutch’ Auction in Sh3b Case

Wednesday, May 31st, 2006

Kenya Embassy buildings and other Government property in The Netherlands could be auctioned in a Sh3 billion suit filed by a Dutch firm that constructed a secret military command centre in Nairobi.
The United Nations Commission on International Trade Law (Uncitral) in The Hague has granted Nedermar BV Technologies orders to attach any property belonging to [...]

Magic Millions thoroughbred sale

Wednesday, May 31st, 2006

Australian Auction Info
The Southern Hemisphere’s largest ever thoroughbred sale is now less than a week away.
The Magic Millions National Sale – comprising of 2,490 lots – kicks off with the first of three session of yearlings on Sunday on Queensland’s fabulous Gold Coast.
With another three days of the region’s best weanlings and then five days [...]

Lawrent Harris painting sells for $1.1M at auction

Wednesday, May 31st, 2006

US Auction Info
A watershed Lawren Harris work that was long believed to have been destroyed sold for nearly $1.1 million at auction Monday.
Well-known Canadian art agent David Loch purchased Figure with Rays of Light (Arctic Forms III) in Toronto for an undisclosed Canadian collector.
Sotheby’s Canada, which held the Monday auction in conjunction with Ritchies [...]

Appoints Bank For Store Auction

Wednesday, May 31st, 2006

UK Auction Info
MFI has appointed investment bank Dresdner Kleinwort Wasserstein to auction its 200-strong chain of stores in a move to break up the group, which also owns Howden Joinery, the builders’ merchants, according to a report in The Business. A sale of the stores may lead to the disappearance of the famous MFI [...]

UK Police eBay website probe

Wednesday, May 31st, 2006

UK Auction Info
A website, apparently set up by a disgruntled eBay customer, is being investigated by police.
The writer behind the website claims to have been sold a faulty laptop by a 19-year-old student and shows pictures which the writer claims, he found on the laptop.
Amir Tofangsazan has become the talk of internet chatrooms and the [...]

Sotheby’s Russian art auctions

Tuesday, May 30th, 2006

Sotheby’s is the Russian art-market leader with total sales in 2005 of $102 million, more than double its 2004 figure and an 11-fold increase over its 2001 figure of $9 million. Christie’s International had global Russian sales in 2005 of $40.7 million, up 77 percent from the previous year.




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