Word: auctions
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Dates: during 1990-1999
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...Barkers will also challenge that 1997 sale of 280 acres of their farm at auction to local real estate developer Ossie Smith. They contend that local officials denied their eldest son, Phillip R., the right to purchase the farm at its appraised price after the foreclosure--even though he had the financing to do so. They also claim that Smith bulldozed the grave of Dorathy's father on the property--despite a court-ordered stay pending outcome of the class action. Smith refuses to comment on the allegation...
...needs a stock portfolio when you've got baseball memorabilia? Mark McGwire's 70th home-run ball (not even the one that broke Ruth's record) set its own record at auction last week. But don't bet the farm on your signed Hank Aaron mitt yet. It's a steep drop to the next nine highest prices paid for sports memorabilia at public auction...
...Mark McGwire's 70th home-run ball 2 $640,000 - 1909-10 trading card of Honus Wagner (1996 auction) 3 $363,000 - 1927 Lou Gehrig road jersey 4 $306,000 - Jersey worn by Lou Gehrig the day he gave the "luckiest man" speech in 1939 5 $222,500 - 1909-10 trading card of Honus Wagner (1998 auction) 6 $220,000 - 1938 Lou Gehrig jersey 7 $220,000 - 1942 Jimmie Foxx jersey 8 $176,000 - 1922 Ty Cobb uniform 9 $172,500 - Sammy Sosa's 66th home-run ball 10 $132,000 - 1929 Babe Ruth road uniform...
Amazon.com the money-losing online book-seller whose market value now greatly exceeds that of Sears, may be the most outrageous example of Internet speculation. But it has plenty of company inside the bubble. Online auctioneer eBay, trading publicly only since September, is up tenfold and is now six times as big as venerable bricks-and-mortar auction house Sotheby's. Without question, Internet stocks are the hottest things since biotechnology shares soared in 1991 (and crashed in 1992), and may be the hottest things since the Dutch tulip-bulb craze in the 1600s...
Publishing Trends, an industry newsletter, cites it as "the most controversial medical book ever, hear that, ever published." Or soon to be published, anyway. After a heated auction last month, Pocket Books won the rights to Kept in the Dark: The Killer Connection Between Sleep and Food. The advance was just north of $200,000, a surprisingly hefty sum for a nonfiction book by two unknowns (T.S. Wiley, a medical researcher, and Bent Formby, a cell biologist...