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Auction Block

BUSINESS
May 1, 1989
Colt Firearms Up for Sale: Colt Firearms, maker of the gun that won the West, was put on the auction block, but the company's parent denied that a three-year struggle with striking workers prompted the decision. "It's a going business and it's profitable, and, of course, it has a history of quality products," said Michael G. Dunn, a spokesman for Colt Firearms' parent, Colt Industries. Dunn said senior officials at New York-based Colt Industries decided to sell the firearms division so they could concentrate on the company's aerospace, automotive and industrial service operations.
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BUSINESS
June 20, 1989 | From United Press International
Weyerhaeuser Co. announced Monday that it is selling its Arkansas-based gypsum wallboard business, even though the operation is profitable. The move is another in a series of sales by Weyerhaeuser to divest itself of what management believes are operations that "fall outside the company's desired strategic focus." Top executives of the timber giant announced at the April 20 shareholders' meeting that the company's portfolio would be reviewed and that many operations would be sold.
SPORTS
May 3, 2013 | By Dan Loumena
Your browser does not support iframes. The Houston Rockets went to Oklahoma City and staved off elimination by beating the Thunder, 107-100, in Game 5 of their Western Conference NBA playoff series on Wednesday night. It appears one fan was none too impressed. As two broadcasters are giving a postgame report, a toddler can be seen in the background wandering onto the court. Then, just as the duo are getting ready to cut away to an interview, the child can be clearly seen.
BUSINESS
November 28, 1993
I just read an article in the Los Angeles Times Business section ("With Liberty and Justice for Mickey," Nov. 12) about Walt Disney Co.'s plans to open a new theme park near Washington "that will pay homage to American history and culture." Disney promises to make historical events such as slavery, the Depression and the Civil War "fun and exciting for the whole family." It plans to somehow incorporate its well-known animated characters into the park. I can see it now: Minnie Mouse as a fun-loving slave on the auction block, Donald Duck quacking happily through the bread lines of the Depression, Snow White leading the Seven Dwarfs unscathed through the Battle of Gettysburg.
ENTERTAINMENT
July 26, 2013 | By Susan King
Mementos from the life and work of Lucille Ball are hitting the auction block. Hollywood memorabilia auctioneer Profiles in History  will be putting what is being described as the “finest collection” of the “I Love Lucy” star's papers, costumes and other items ever offered up for sale on Tuesday in Los Angeles. The star of the auction is Ball's signature polka dot dress that she wore as Lucy Ricardo on the series. It is estimated to sell for $40,000-$60,000. Other items include Ball's signed contract with producer Sam Goldwyn for her earliest films, including 1933's “Roman Scandals,” which is expected to sell for $1,000-$1,500; her striped dress suit from the 1950 Bob Hope comedy “Fancy Pants” has been estimated at $4,000-$6,000; a fox stole she wore in the third season of “I Love Lucy” is expected to fetch $3,000-$5,000; and a blue skirt featured in the classic John Wayne episode of the pioneering CBS comedy series is expected to go for $2,000-$3,000.
NEWS
June 26, 2013 | By Adam Tschorn
A tweed jacket worn by Steve McQueen in the 1968 film "Bullitt" will go up for auction on July 29, Profiles in History announced Wednesday. While there certainly seems to be no shortage of fame-adjacent apparel on the auction block these days -- a negligee that once belonged to Monica Lewinsky and a pair of Levi's worn by Luke Skywalker are two recent examples -- this jacket occupies a special place in the pantheon of the male movie wardrobe....
AUTOS
January 21, 2014 | By David Undercoffler
Sales of Ferraris, Corvettes and a McLaren race car helped set a record at Arizona's annual Scottsdale classic car auctions. Nearly $249 million worth of rare chrome and red-blooded horsepower changed hands. This year's sales marked an 11% jump over last year's $224 million, according to Hagerty Insurance, which values, tracks and insures classic cars. A total of 2,321 vehicles were sold during the week. The auctions, which varied from a single-day event to a nearly weeklong extravaganza, concluded Sunday.
NEWS
August 15, 1985
Thirty-five luxury high-rise condominiums were auctioned for a total of almost $7 million in the largest such sale in Southern California, held Sunday at the financially troubled Monterey Island development in Glendale. Calling it "an enigma," Kimberly Young, representative of R. Thomas Ashley, the Newport Beach marketing firm that conducted the sale, said 13 of 48 units that went on the auction block did not sell. However, three of those sold later at minimum bids, she said.
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