Treasure Chest of Collectibles –Cagle
But, you can’t take it with you, so the brothers enlisted RM Auctions and Sotheby’s to auction off their, ahem, Treasure Chest of highly desired collectibles.
The roster included 29 automobiles, five motorcycles, two tractors, a popcorn and peanut wagon, and a PT-22 airplane. A 1912 Oldsmobile Limited five-seat touring car sold for a jaw-dropping $3.3 million, according to The New York Times. A 1903 Ruth Style 38-B fair organ fetched $1.3 million.
On the musical instrument end, a Hupfeld Style B Phonoliszt-Violina with Dea Violins brought in nearly $558,000, and a custom-built carousel with 42 hand-carved animals that took years to produce, brought home north of $1.2 million. When the final item from the 550-piece catalog was hammered on Feb. 25, a total of $38.3 million had been realized.
The decision to monetize their priceless artifacts wasn’t easy, but was done as part of their estate planning. According to The Associated Press, the wives of Bob and Paul Milhous gave them a simple edict.
“Don’t leave this burden to us,” Paul Milhous said.
Somehow, the disposition of $40 million worth of fantasy-level antiques and collectibles hardly seems like a chore.
PICTURE PERFECT: Coffee-table books are a niche market. As a rule of thumb, they tend to top out at a few thousand copies, appealing primarily to the fine art aficionados. But, every now and then, a picture book will strike a chord with the masses. Apparently, women and weaponry is the perfect cocktail to move such books, according to the AFP news agency.
In its first quarter since release, “Chicks with Guns” has reached the 12,000-unit plateau and is going to press for the third time. But, instead of nearly-nude and highly-augmented bikini models—the very types of subjects the title conjures in the mind—the work takes a serious view of more than 80 women, from all ages and all walks of life.