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Contributors

Rising Value of Unrestored Cars

By Malcolm Welford, Vintage Car Specialist
 

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Auctions America

Steve McQueen’s Last Ride In Auction

February 05, 2013

Of all the sleek and expensive automobiles associated with Steve McQueen, the least likely was probably the yellow 1951 Chevrolet Styleline DeLuxe Convertible that he drove in his last movie, “The Hunter” in 1980. All the same, McQueen loved the car and bought it at the production’s conclusion. Since then, it’s changed hands just once, in 1984, at the liquidation of McQueen’s estate. Almost 30 years later, it’s coming up for sale again at a Fort Lauderdale auction on March 22-24. Without the McQueen provenance, its value would be about $45,000. With it, the final selling price is expected to be much, much more.

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Steve McQueen Looms Large At Motorcycle Auction

January 03, 2012

Even if Steve McQueen hadn’t owned it, the Harley Davidson WLD 45ci Sport that coming up for auction later this month would be considered special. Original and fully documented, with just 21,100 miles on its odometer, the 1938 motorcycle is in a rare Sport Solo configuration, with an extra high compression engine. RM’sAuctions America didn’t release an estimate for the bike, which it will offer at its Las Vegas Motorcycle auction on January 12-14.

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    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.
    • see more...

    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


    Ask Alan A Question


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