Word: auctions
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...classic 1964 figures were rereleased to capitalize on Baby Boomer nostalgia. Some of the original, '60s-vintage G.I. Joes have fetched sizable prices. A rare and ill-fated G.I. Nurse from 1967 - the earliest and least successful female G.I. Joe produced - went for more than $6,000 at auction. Some of the earliest, rarest figures attract a similar price...
...many parents, the PTA - with its name recognition and history of reliable annual fundraisers - is the natural first line of defense. In Castro Valley, Calif., for example, Proctor Elementary's PTA raised $17,000 during the 2008-09 school year through a walkathon, an auction and a $60-per-child suggested contribution to the PTA. The group was able to put that money toward the salary of a paraprofessional whose job was endangered. "The state is supposed to provide the black-and-white essentials of a good education, and the PTA fills in the color," says California state PTA president...
...Marriot Wardman Hotel may have seemed out of touch with the nation's economic woes, but "the Barbie market is very, very strong," says Sandi Holder, owner of the world's sole Barbie-only museum, located in Union City, Calif. And she should know: her biennial Barbie auction did well this year, despite the economy. Holder, who gave up her career as a pediatric intensive-care nurse in order to pursue her Barbie passion, even takes the cake with a world record: in 2004 she auctioned off for $27,000 a "#1" Barbie, the first-ever Barbie doll, which debuted...
...renowned modernist painter, Tyeb Mehta, 84, made history at a 2005 auction when his Mahisasura, which depicts a goddess defeating a demon, sold for nearly $1.6 million, the highest sum ever paid for the work of a living Indian artist...
...cultural imports. Apple computer products, though banned for export to Iran under U.S. sanctions, can be found in the backrooms of some computer boutiques here. A merchant at the city's historic Grand Bazaar travels to New York several times a year to sell antique Persian rugs, often to auction houses like Sotheby's. He says he wishes relations would improve so that he does not have to illegally route money through Europe to maintain his business...