IVORY. OK, so now what it’s worth?

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American Society of Appraisers – Update FWS Releases Final Ivory Rule; Answer Key Question on Appraiser Liability The Fish and Wildlife Service (FWS) released final rules related to the near total ban on sales of items containing African elephant ivory on June 2. In responding to specific questions in the final rule, FWS answered a… Read more »

World Auction Record: $6.5M for a photograph

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Peter Lik Sets World Record 12/9/14 8:00 AM “Phantom” Sells for an Astounding $6.5 Million Peter Lik has officially made art history by selling the most expensive photograph ever – setting a world record. An official press release was issued today, outlining details on the $6.5 million sale of masterwork, “Phantom.” One of Peter’s all-time,… Read more »

Hitler watercolor sells at auction for $162,000

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A watercolor of Munich’s old city hall believed to have been painted by Adolf Hitler a century ago was sold for 130,000 euros ($162,000) at an auction in Germany on Saturday, 21 NOV 2014. Kathrin Weidler, director of the Weider auction house in Nuremberg, said the work attracted bidders from four continents and went to… Read more »

Bakelite: Real or Fake?

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This article is an excellent reference to print or keep in the cloud for use when you cannot remember what you were told about Bakelite. Your Online Source for Identifying Fakes and Reproductions from Ruby Lane

World Auction Record: Georgia O’Keeffe $44.4m

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BY ASSOCIATED PRESS 11/21/2014 AT 01:05 PM EST A Georgia O’Keeffe painting of a simple white flower has sold for $44.4 million, more than triple the previous auction record for a work by a female artist. Sotheby’s New York says the 1932 painting, “Jimson Weed/White Flower No. 1,” sold Thursday during the auction house’s sale… Read more »

Some Kind of Good: plot element – Bakelite

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Yesterday (22NOV2014) Chany & I went to the Antiques Spectacular Show in Doswell, Virginia. Long-time friend, Louise Jesse, is its promoter. She puts on a nice show, has very good dealers, and treats them with respect and kindness from set-up to tear-down, which is not always the case. At the show I got reacquainted with… Read more »

The Realm of the Neophyte: Collectibles

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The Realm of the Neophyte: Collectibles Appraisers Stop! Don’t skip over this blog entry. It’s incumbent of you as a practitioner of property economics to fulfill the needs of your clients, and if it hasn’t happened to you yet, it’s only a matter of time before you’ll be approached to value a collection of collectibles…. Read more »

WORLD AUCTION RECORD: Comic Book $3.2M

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A word to the wise: do not “invest” in comic books, art, antiques, or any other tangible category. If you like it, buy it, use it, love it, keep it – whatever, but for Pete’s sake DO NOT buy it for investment. Why? Because it is completely, totally, and utterly unreliable. Now, that said -uh-rrrum- you… Read more »