Back in 2008, the Original Prop Blog published an article about “Buyer’s Premiums” assessed by the major auction houses in the marketplace (see Auction House Buyer’s Premiums: On The Rise). With their upcoming Debbie Reyonlds sale in June, Profiles in History raised their rates by 5%, so I thought it would be an appropriate time to revisit the topic, as well as compare and contrast with findings from the article published May 30, 2008, with updates as of today, May 31, 2011 – three years later. [Read more…]
Bonhams Entertainment Memorabilia Auction to be Held in Los Angeles on June 26th, Catalog Available Online
One of two Entertainment Memorabilia auctions to be held by Bonhams in the month of June has its associated online catalog available online this morning. This event will be held in Los Angeles on June 26th for their “Entertainment Memorabilia including Animation Art” auction (Sale 19045). The second auction will be held at their Knightsbridge location on June 29th (catalog is currently unavailable). [Read more…]
Julien’s Auctions Files Lawsuit Against Live Auctioneers Over Michael Jackson “Neverland” Auction for Breach of Contract and Negligence
Following last month’s development of a jury rejecting a lawsuit by collector Richard LaPointe over the canceled “Neverland” auction of Michael Jackson memorabilia, Julien’s Auction has now filed its own complaint against Live Auctioneers, the online bidding service provider for the event. The new complaint, filed in Los Angeles County Superior Court, cites two causes of auction – breach of contract and negligence. [Read more…]
Vintage Poster Scandal Update: Atlanta Journal-Constitution Reports NY Federal Prosecutors Seek New Arrest Warrant
The Atlanta Journal-Constitution today published an update to one of several scandals that rocked the collectible poster collecting field in 2009 and 2010. The news report states that “Federal prosecutors in New York are asking a judge to jail a Georgia man who is accused of selling fake vintage horror movie posters over the Internet”. [Read more…]
Beverly Hills Courier Reports “Judge Rules In Favor of Julien’s Auction House” in Lawsuit Brought By Michael Jackson Memorabilia Collector Richard LaPointe
Today the Beverly Hills Courier published the latest breaking news about the ongoing legal action brought by collector Richard LaPointe against MJJ Productions, Julien’s Auctions, and others. According to the news story, the “jury today rejected a lawsuit in which a collector of celebrity memorabilia maintained that a Los Angeles auction house broke a contract to sell him 14 items that belonged to Michael Jackson“, following 30 minutes of deliberation.
Beverly Hills Courier Reports on Partial Settlement of Michael Jackson Memorabilia Lawsuit with Collector Richard LaPointe
Today the Beverly Hills Courier published an update on the ongoing legal action brought by collector Richard LaPointe against MJJ Productions, Julien’s Auctions, and others. Per the article, Michael Jackson’s estate will sell LaPointe 64 of the 80+ items under dispute, which were pulled from public auction in 2009 when the entire sale was canceled following a settlement between MJJ Productions and Julien’s Auctions in their own legal dispute. [Read more…]
Update on Collector Lawsuit Against Julien’s Auctions Over Canceled Michael Jackson Memorabilia Sale Event
As reported throughout 2009 and last updated over one year ago, efforts by Julien’s Auctions to offer for sale memorabilia owned by Michael Jackson were embroiled in controversy and legal action, which ultimately led to the cancellation of the event following a settlement between the auction house and MJJ Productions. The pop star died just two months later. [Read more…]
Heritage Auction Galleries February 2011 “Signature Music & Entertainment Memorabilia Auction″ Catalog Available Online
The Heritage Auction Galleries has published on their latest online catalog and listings for their upcoming event, “Signature Music & Entertainment Memorabilia Auction – Auction #7031”, to be held February 18-19 at their Beverly Hills, California location. [Read more…]