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$32.5M Ruby Slippers Smash Auction Records Amid ‘Wicked’ Buzz

$32.5M Ruby Slippers Smash Auction Records Amid ‘Wicked’ Buzz

A pair of ruby slippers worn by Judy Garland in The Wizard of Oz recently became the most valuable movie memorabilia ever sold at auction, fetching $32.5 million in the Heritage Auctions sale that closed Dec. 7. The iconic shoes were sold alongside the hat worn by the Wicked Witch in the 1939 film; the hat sold for $2.9 million,…

Short-Term Rental Risks: Airbnb Owner Seeks $540,000, Citing ‘Bizarre’ Damage

Short-Term Rental Risks: Airbnb Owner Seeks $540,000, Citing ‘Bizarre’ Damage

The owner of an Airbnb in Ithaca, New York, is suing Cornell University and the vacation rental platform in a lawsuit that claims a group of international students who rented her home caused $200,000 in severe and \"bizarre\" damages during their eight-day stay. In the lawsuit, the owner alleges that the exchange students — reportedly “hand-picked” for a summer program…

Babe Ruth Shatters Another Record: Jersey Hits $24 Million at Auction

Babe Ruth Shatters Another Record: Jersey Hits $24 Million at Auction

A jersey worn by Babe Ruth recently sold for more than $24 million and broke the record for the most expensive piece of sports memorabilia ever sold at auction, according to reports. The baseball legend wore the jersey on Oct. 1, 1923, when he made his famous \"called shot,\" pointing to a flagpole at center right field before hitting a…

Burglary Ring Targets Homeowners, Swiping $4 Million in Jewels Over 6 Years

Burglary Ring Targets Homeowners, Swiping $4 Million in Jewels Over 6 Years

Police in Massachusetts recently broke up a “sophisticated” burglary ring that stole jewelry worth over $4 million from homes in 25 communities in the state over the past six years. According to the Massachusetts State Police Division of Homeland Security, the criminals allegedly targeted households they believed would have more jewelry, ABC News reported on April 27. [lgc_column grid=\"50\" tablet_grid=\"50\"…

Valentine’s Day Jewelry Sales to Reach $6.4 Billion, Experts Warn of Uninsured Losses

Valentine’s Day Jewelry Sales to Reach $6.4 Billion, Experts Warn of Uninsured Losses

Consumers will spend a record-breaking $6.4 billion on Valentine\'s Day jewelry purchases this year, according to a recent survey from the National Retail Federation. The annual survey shows that total Valentine\'s Day spending in the U.S. will reach $14.2 billion, another record, INSTORE Magazine reported Jan. 30. Although consumers expected to spend an average of…

At Art Basel Miami Beach, Signs Point to Strengthened Art Market

At Art Basel Miami Beach, Signs Point to Strengthened Art Market

Early reports from one of the art industry\'s most significant U.S. events of the year pointed to a positive outlook for the art market, according to news outlets. Several galleries represented at the annual Art Basel Miami Beach, held Dec. 6-10, were reporting strong sales, including the sale of several works valued at more than $1 million and at least…

‘World’s Most Valuable’ Whisky Sells at Auction for $2.7 Million

‘World’s Most Valuable’ Whisky Sells at Auction for $2.7 Million

A bottle of the “world’s most valuable” whisky sold for over $2.7 million at Sotheby’s on November 18. The Macallan Valerio Adami 1926 is one of just 40 bottles filled in 1986 after the liquor aged for six decades in sherry casks, making it the oldest Macallan vintage ever made, Forbes reported. Another version of the single-malt whisky, which Sotheby\'s classified as…

Inflation Ripple Effect: Homeowners Could Be Underinsured, Experts Warn

Inflation Ripple Effect: Homeowners Could Be Underinsured, Experts Warn

Inflation in the U.S. has fallen from 9% to 3% over the past 12 months, with Americans seeing some relief on the cost of things like gas, groceries and airfare, according to the Associated Press. That leaves inflation still \"significantly above\" the Federal Reserve\'s target of 2%, officials said in recent days, and multiple rate hikes may be needed to…

Mickey Mantle Baseball Card Hits Home-Run $12.6 Million Auction Sale

Mickey Mantle Baseball Card Hits Home-Run $12.6 Million Auction Sale

A mint-condition Mickey Mantle baseball card from 1952 sold at auction Aug. 28 for $12.6 million, making it the most valuable sports collectible in the world, CNN recently reported. According to a news release from Heritage Auctions, the exceptionally well-preserved card was last purchased in 1991 for $50,000, a price that broke records at the time. The new eight-figure sale…

Warhol Painting Sells for Record-Setting $195M Amid Growing Interest in High-Value Art

Warhol Painting Sells for Record-Setting $195M Amid Growing Interest in High-Value Art

A famous portrait of Marilyn Monroe painted in 1964 by Andy Warhol recently sold at auction for over $195 million, setting records for the most expensive piece of 20th century art ever sold and the highest amount paid for a piece of American artwork. The May 9 sale of the vibrant silkscreen, titled \"Shot Sage Blue Marilyn,\" also made history…

Michael Jordan’s Rookie Sneakers Estimated to Sell for $1 Million or More

Michael Jordan’s Rookie Sneakers Estimated to Sell for $1 Million or More

One of the first pairs of sneakers Michael Jordan wore as a professional basketball player could become the most valuable pair ever sold at auction, CNBC recently reported. The red-and-white Nike Air Ships, which Jordan wore in 1984 during his rookie season, are being offered by Sotheby’s and opened for advanced bidding on Oct. 8. The signed sneakers are estimated…

Powerball Winner Keeps Promise to Split $22 Jackpot with Friend

Powerball Winner Keeps Promise to Split $22 Jackpot with Friend

A Wisconsin man who recently won $22 million playing the state’s Powerball lottery has followed through on a decades-old promise to split the jackpot with his friend. Thomas Cook and his friend fishing partner, Joseph Feeney, reportedly made a handshake agreement 28 years ago to split any lottery winnings if either of them ever hit the jackpot. Cook made good…

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