| Louisville eclipses million-dollar milestone in surplus sales
LOUISVILLE, Ky. -- Mayor Jerry Abramson today announced that the city has "unloaded" more than a million dollars worth of surplus government vehicles, equipment and other items through online auctions. Metro Government sells obsolete and other surplus items through its website, LouisvilleKy.gov, and GovDeals.com, an online service similar to eBay. The $3,760 sale of a Case International 585 tractor to a bidder in Cookeville, Tenn., recently brought the total funds generated through the online auctions to more than $1 million. "The online auctions are a creative way this government is operating efficiently and effectively for our citizens," Abramson said. "We're unloading items that have outlived their useful life for government, and in doing so creating a revenue stream and reducing warehouse space." Abramson said the online auctions often generate more money than traditional auction-house auctions because items are up for bids around the clock and the online auctions allow more people - virtually from anywhere - to participate.
National Auctioneers Day on Saturday, April 21 Focuses on Charity ...
KANSAS CITY -- Auctioneers across the U.S. and world are conducting charity auctions and making separate donations to charities as part of National Auctioneers Day, on Saturday, April 21. Members of the National Auctioneers Association (NAA) have donated more than $4 million to St. Jude Childrens Research Hospital since 1995 to support this chosen charity of NAA. The hospital in Memphis, Tenn., provides pediatric cancer patients with the most advanced care available, and always regardless of the families ability to pay. Auctioneers and auction schools conduct special fundraising auctions for this charity, and other worthy causes in their communities, in April and throughout the year. Perhaps more than any other group, Auctioneers in all specialties routinely use their fundraising skills to help their local civic groups, churches, schools, and U.S.
Indian art auctions go beyond estimates
KOLKATA: As the art auction market stabilises, artworks of top artists are selling well above their presale high estimates. In the recent past, lots of select artists that went beyond presale high estimates, range between 30% to 100%. In overseas auctions of Indian art, 60% to 95% of the lots went past the higher estimate levels. A peek at the results gives a glimpse of the picture. In 2000, 50% of Akbar Padamsee's works in international auctions crossed the high estimate. In 2002, 100% of his lots crossed the high estimate. In 2003, it hovered at 57%, climbing to 75% in 2004, 81% in 2005 and dropping a little to 63% in 2006. In 2002, 100% of Ganesh Pyne's works at auctions abroad outstripped the pre-auction high estimates. In the following year, 66% of Pyne's works went beyond the presale high; in 2004, it was placed at 80%, in 2005, 33% of the lots were higher and in 2006, another 33% crossed the highest-projected prices.
Swettenham's First Class National Draft
With the Sydney Easter sales now behind us, the Swettenham Stud sales focus turns to the Gold Coast where a draft of 57 horses is being prepared for auction. The Magic Millions National Sale, regarded as one of the finest thoroughbred auctions in the Southern Hemisphere, will kick away with the first weanling session on May 28. Swettenham Stud are presenting a quality packed draft of weanlings, yearlings, race fillies and broodmares. Twenty two weanlings will be presented under the Swettenham Stud banner for the National Weanling Sale. Among them are colts by Cape Cross, Dubai Destination, Elusive Quality, Exceed and Excel, Fastnet Rock, Iglesia, Reset, Shamardal, Tiger Hill and Untouchable and fillies by Cape Cross, Dubai Destination, Fantastic Light, Iglesia, Red Ransom, Refuse to Bend, Tale of the Cat, Tiger Hill Some 25 fillies and mares have been catalogued for the National Broodmare Sale.
Auctions | Maritime and doll collections up for sale
Bidders will be able to wave their paddles for almost a solid week, beginning with three successive sales tomorrow through Monday at Freeman's and ending with a two-day doll auction at Alderfer's. Tomorrow's sale at Freeman's, starting at 10 a.m. at the gallery at 1808 Chestnut St., will feature a maritime collection including ship's wheels, binnacles, sextants, chronometers, pendant logs (the kind you drag in the water behind a vessel to determine its speed), saluting cannons, and scrimshaw. Most of the 127 lots are expected to bring three-figure prices, but a 19th-century American School portrait of a four-master is expected to sell for $3,000 to $5,000, according to the catalog (available at www.freemansauction.com). Sunday's session, also beginning at 10 a.m. is devoted to Americana, a longtime April tradition timed to coincide with the Philadelphia Antiques Show.
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