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Rising Value of Unrestored Cars

By Malcolm Welford, Vintage Car Specialist
 

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Real Estate

Elvis Slept Here, House Now Up For $13m

October 15, 2012

By Beverly Hills standards it’s not spectacular, but Elvis Presley did live there for 6-years, his daughter Lisa Marie lived there after she was born, and the 5,300 SF home on a little more than an acre is on the market for $13m.

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High-End Real Estate Roundup

July 30, 2012

As the rest of the nation swelters, four luxury Rocky Mountain residences are coming up for auction in spectacular—and cool–Telluride, Colorado. Should Sun Valley, Idaho be your idea of an idyllic getaway, there’s a ski lodge there heading to the block as well. Read more in our High-End real estate auction roundup.

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Tuscan Village, Anyone?

July 05, 2012

Many dream of one day owning a villa in Tuscany. For those with even grander notions, however, an entire Tuscan village has come on the market—on eBay, of all places. Pratariccia is a collection of 25 cottages and almost 20 acres of hilltops above the Casentino Valley, about 25 miles from Florence. Abandoned for 50 years, the medieval village is owned by a religious order that has embraced eBay after failing to sell the town for an asking price of a bit more than $3m.

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High-End Real Estate Roundup

June 22, 2012

Luxury mountain properties lead our real estate report this week, including an estate in Telluride, Colorado once priced at $20.5m, and another in Aspen, on the banks of the Roaring Fork River. Each will be sold without reserve, meaning they will go to the highest bidders, regardless of price. Read more in our high-end real estate roundup.

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High-End Real Estate Auction Roundup

June 04, 2012

On the lush Hawaiian island of Kauai, no fewer than six distinctive properties are coming up for auction this month. From luxury cottages in the sunny south to stunning properties in the mountainous north, check out our high-end real estate roundup.

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High-End Real Estate Auction Roundup

April 19, 2012

A home site on the legendary Pebble Beach golf course, a professional equestrian facility in Ocala, Florida, and a lakefront estate in Texas are just a few of the properties heading to the auction block in coming weeks. Read more in our regular high-end real estate auction roundup.

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High-End Real Estate Roundup

March 30, 2012

Choose between retreats in the North Georgia Mountains, the Grand Tetons, and Southern California’s Hidden Valley, where a variety of luxury estates are heading toward the auction block. Read more in our high-end real estate roundup.

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High-End Real Estate Auction Roundup

March 06, 2012

The theme of this week’s real estate report is Europe, even if the estates are located in Dallas and Newport Beach, California. One’s a replica of a French Chateau, the other of an Italianate manor. Both are being auctioned at steep discounts from their $46m and $37m listing prices. Read more in our high end real estate auction roundup.

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High-End Real Estate Auction Roundup

February 27, 2012

A Four Seasons residence in Miami, a ski-in, ski-out lodge in the Vail Valley, and a dramatic cliff-side retreat in the Virgin Islands are all heading toward the auction block. Read more in our weekly high-end real estate auction roundup.

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High-End Real Estate Auction Roundup

February 01, 2012

An oceanfront estate in Vero Beach, Florida, and massive fairway-front residences in Scottsdale and Las Vegas highlight the expensive homes coming up auction this month. Read more in our weekly high-end real estate roundup.

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High-End Real Estate Roundup

January 20, 2012

The focus this week is on Florida, where a number of imposing residences are headed towards the block. Two newly constructed homes in Naples lead the pack. Another estate, also new, is located on the Intracoastal Waterway in Delray Beach. Read more in this week’s high-end real estate auction roundup.

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High-End Real Estate Roundup

January 11, 2012

An oceanfront estate on Maui’s Kahana coast, a resort-like complex in Scottsdale, Arizona, and a Caribbean hideaway in Turks & Caicos are a few of the properties heading toward the auction block in coming weeks. Read more in our latest high-end real estate roundup.

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High-End Real Estate Roundup

December 09, 2011

Three luxurious mountain lodges in Vail’s Beaver Creek and an oceanfront estate in Maui are among the estates heading towards auction in coming weeks. Read more in our high-end real estate roundup.

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High-End Real Estate Roundup

November 07, 2011

Unusual waterfront retreats in Florida, along Maryland’s Eastern Shore, and on Mexico’s Pacific coast are heading toward the block in coming weeks. Read more in our weekly high-end real estate auction lineup.

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High-End Real Estate Roundup

October 31, 2011

High-End Real Estate Roundup

An imposing lodge in rural Washington, a lakefront retreat near Seattle, and a sportsman’s ranch near Klamath Falls, Oregon are all heading toward the auction block. Read more in our weekly high-end real estate roundup.

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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.
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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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