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From the Blog

Downsizing: The Art of Turning Household Items into Cash!

Auctioneer Penny Worley's conversation with Downsizing Coach Anne Nouri on clearing space-- and making money.  Together they explore Auctions vs. the traditional resale Marketplace; what the auction process looks like; and choosing an Auctioneer who will achieve top dollar for your assets.

Bloomberg: Marijuana-reeking Tour Bus, Red Ferrari are FDIC Crisis Booty

Dec. 22, 2009 (Bloomberg) — The financial crisis that popped the real estate bubble and pushed U.S. bank failures to a 17-year high landed the Federal Deposit Insurance Corp. a rapper’s tour bus that reeked of marijuana.

“It smelled so bad of pot after one tour that they had to completely pull out most of the interior and replace it,” said Jerry Jenkins, who sold the bus at Penny Worley Auctioneers after the FDIC acquired it in the collapse of an Atlanta bank. “By the time we got it, it was almost brand-new.”

KneeSlider: Ultimate Barn Find Auction

The words “barn find” tend to be overused, however, this may very well be, as the auctioneers have named it, the “ultimate barn find estate auction.” It’s a jaw dropper. It’s the estate of William L. King Jr who was involved in racing his whole life and evidently spent much of his money and many years collecting an enormous number of vehicles and parts.

BringATrailer.com: Lambos and Indians

The estate of William L. King Jr. is being sold off in what is described as the ultimate barn find estate auction. The collection includes over a dozen cars and many more motorcycles, as well as an incredible amount of cataloged parts. The Lamborghini Jalpa below looks very clean, and and the owner apparently had a soft spot for Vettes, with eight of them included. It is located in Hamilton, Ohio, and online-only bidding closes October 16. Get all the details along with good individual photos.

Hemmings: Mother Load of Barn-Find Indians

Worley Auctioneers was approached about selling the contents of the estate of Bill King Jr., I’m sure they got the standard line from the executor: “coupla Corvettes, a few Indians, a few other cars and some extra parts.” What they encountered could be considered an Indian collector’s mother lode. In addition to seven original “barn find” Indians, the parts could keep a few Indian restorers in the business for years to come.

Enquirer: Old Spaghetti Factory

From pasta bowls to its famous trolley car, the Old Spaghetti Factory was auctioned off item by item Saturday to a sentimental crowd willing to pay for a piece of a landmark.

More than 500 bidders lined up outside the shuttered restaurant on West Pete Rose Way for the 10 a.m. ”everything must go” public auction that lasted into the evening.