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Naval Cable Reports End of WW II

August 10, 2012

The U.S. army, navy and air force in the Pacific were girding for the bloody invasion of Japan when this cable arrived aboard the U.S. Holland telling “all hands” to stand down. The war was over. The son of the sailor who kept the dispatch puts it up for auction in Millville, Pa., on Aug.15, 67 years to the day it was sent.

High-End Real Estate Roundup

July 29, 2011

A fully restored classic Adirondack camp on the shores of New York’s Long Lake, a ski-in, ski-out retreat in the Vail Valley, and a waterfront estate on its own peninsula in Winderemere, Florida. These are just a few of the high-end properties heading toward the block in the coming days. Read more about them in our high-end real estate roundup.

Recent Results

At Antiquorum's watch auction in Hong Kong, a Patek Philippe ref. 5074, with complications including a minute repeater with carilon, sold to an Asian collector for $574,791, the top price at the sale.
A block and shell mahogany bureau table, dated 1770, by noted colonial cabinet maker John Townsend has sold at Christie's for $2.2m, for than twice its $900,000 low estimate.
The '49 Buick Roadmaster featured in the 1988 "The Rainman" movie sells for $170,000.
The upright piano from the 1942 classic film "Casablanca"--the one on which Sam plays "As Times Goes By"-- sold for $602,500 at Sotheby's in New York.
"The Coachman," the iconic 1923 painting by Boris Kustodiev sold at Christie's Russian Art Auction for a record $7m.
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Eye On: Taxes
U.S. Taxes on art bought abroad
Collectors buying art at auctions overseas must be aware of U.S. tax consequences. Here are some tips from Alan Olsen that will help smooth the way.
	Art Bought Overseas CPA Alan Olsen, of Greenstein Rogoff Olsen & Co., talks about the U.S. tax consequences when you purchase art abroad. Watch Video

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