Word: auction
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...foreclosed housing. HUD owns 47,000 properties seized for mortgage defaults. Traditionally, these repossessed buildings have been sold at auction to the highest bidder. The Government ought to start seriously complying with 1987 housing legislation that calls for underused property to be turned over to the homeless, by donating or selling buildings at low prices to housing advocacy groups...
...discovery: a 1933 $10 eagle gold piece now worth $80,000 or more. The map, said the DEA last week, turned up in the home of a wind- surfing drug merchant known as "Colorado Bill" and "King Midas." Bill (the DEA is withholding his full name) can follow the auction from his cell in Lompoc, Calif., where he is doing 17 years for drug trafficking...
...boats of that quality, prices are rising at least 10% annually. At the first-ever auction of antique powerboats, which took place in May in Newport, R.I., a 33-ft. Baby Gar, once owned by Chewing Gum Heir P.K. Wrigley, fetched a bid of $95,000; the current owner, Milton Merle, was asking $140,000 and declined the offer. "It's a one-of-a-kind collectible," declared Merle, a New York marketing consultant who has amassed a fleet of seven vintage runabouts...
...chemicals may surge because of limited supplies. Recognizing that possibility, the EPA has asked for public comment on two ways of preventing producers from making excessive profits. One proposal calls for a special tax on earnings from CFC and halon sales, the other for the Government to auction off manufacturing rights, making a company pay for the privilege of producing the chemicals...
...sale was a stupendous windfall for Bruskin and other living artists, some of whom could scarcely show their work two years ago and still have to scrounge for materials and studio space. They will receive 60% of the auction prices -- 10% in pounds that they can use abroad and the rest in so-called gold rubles, which have up to five times the purchasing power of ordinary rubles. (The Soviet state will get 32%, and Sotheby's the remaining 8%.) Two relative unknowns, Svetlana Kopystiansky and her husband Igor, were stunned as Pop Singer Elton John put in a winning...