Académique Documents
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AUCTIONS
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Volume 5, Issue 102 Published Every Other Friday Next Issue: June 5, 2009 May 22, 2009
Ti m e i s R i g h t f o r R e a l E s t a t e B u y e r s a t A u c t i o n
R e n t a l P r o p e r t i e s P r o v i d e C a s h F l o w, G o o d R e t u r n o n I n v e s t m e n t
by Stephen Alemán and Ray Moss today’s eco-
nomic state.
NASHVILLE, TN – Saturday, May 16,
2009 – A series of real estate auctions held Due to the
around Nashville today served to high- reticence of
light some very important trends in the many buyers
local marketplace. The three properties (or potential
are located over a wide geographic distri- buyers) over
bution throughout the Metro Nashville the last year
area and in three disparate neighborhoods or so, many
possessing very different demographics. auctioneers
The results for each, however, were very and real es-
similar – a proud new owner gladly mak- tate owners
ing a purchase and bucking the prevailing have come to Auctioneer Eddie Porter
This duplex in Hermitage, TN selling at auction for $80,000 and renting for $1,150 “wait and see” mentality by making a the conclu- sells the first of three
solid investment in the future. rental properties
per month is a prime example of the investment possibilities that exists in today’s sion that the
economy most dependable way to ensure a good
The fact that all three properties are capa- turnout for an auction – and therefore a
ble of generating rental income immedi- good price for the property – is to sell to
ately only makes the expected return on the highest bidder regardless of price.
investment stronger. The auctions were
carried out by McLemore Auction Com- Though the notion may seem counterin-
pany, LLC, with Patti Baldini serving as tuitive to a skittish seller, the wisdom of
the auction agent. using this method is supported by years of
experience among many auction veterans.
Much ink has been spilled in the last few
Before May 26, 2009 months about the troubled economy and More than 40 registered bidders partici-
167 PERMIT NO.
sluggish housing market, and there is no pated in the auctions that took place be-
Requested Delivery On or
NASHVILLE TN reason to add to that here. However, both tween 9:00 am and 1:00 pm on this rainy,
PAID DO NOT DELAY! economic difficulties and profitable op- often stormy, Saturday. The solid turnout
U S POSTAGE portunities are equally at play in the story for the auction despite the showers illus-
TIME DATED MATERIAL! of these auctions, and it is worth taking trates that investors realize there are good
PRSRT STD
Hendersonville, TN 37075 P.O. Box 1435 America’s Auction Report some time to focus on the opportunities bargains to be had and do not want to miss
for a change. their chance. Knowing that the properties
would definitely have new owners by the
Inside This Issue: First, the properties all belonged to a sin- end of the day strengthened the resolve of
Western Union Stock Ticker Sells High at Auction...............................pg. 2 gle owner who, feeling the pressures of many to brave the elements and take ad-
Elle’s Kitchen .......................................... ............................................pg. 2 the current downturn, decided to sell off a vantage of a unique opportunity. It is
Rare Blue Diamond Commands Winning Bid of $8.4 Million.............pg. 3 portion of his portfolio to generate cash. worth noting that the successful buyers at
Crossword............................................................................................ pg 4 Once the owner committed to selling, the today’s auction do not see an excessive
Word Search.........................................................................................pg. 6 properties were taken to market at ab- amount of risk in their purchases.
Antique Belt Buckles Fetching High Prices........................................ pg. 7 solute auction. Until recently, reserve
Internet Domains at Auction. You’ll be amazed at the prices.............pg. 8 auctions were of a more common prac- Armed with a vast array of information on
tice; however, the popularity of absolute fluctuating property values and up to date
www.americasauctionreport.com auctions has increased subsequent to see investment, page 3
Page 2 www.AmericasAuctionReport.com May 22, 2009
Elle’s Kitchen
Western Union Stock Ticker Sells for $7,320 at
Auction
The first stock ticker used by Wall Street window was an attention-grabber, giving
CRANBERRY APPLE SALAD was introduced to the New York Stock Ex- rise to the "ticker tape parade."
change in
Preparation time: 15 min
1867. There was a time when only stock broker-
Yield: 8 servings
ages and people of means could afford ac-
Dressing Ingredients: With the birth cess to this information. Now the numbers
of electronic are available at the bottom of our TV
2/3 cup Sour Cream technology, the screens. In 1999, the Stock Ticker Com-
1/3 cup mayonnaise mechanical pany and the Henry Ford Museum &
Salad Ingredients: stock ticker be- Greenfield Village also introduced a work-
2 medium (2 cups) apples, cubed 1/2 came a relic. ing reproduction of the Universal Stock
inch The last new Ticker, produced by Berner Machine Labs
2 teaspoons lemon juice model was in- and the Berner family.
1/2 cup sweetened dried cranberries troduced in
1/2 cup seedless green grapes, halved 1960. New Nowadays, many collectors appreciate the
1/2 cup chopped walnuts electronic dis-
1 rib (1/2 cup) celery, chopped beauty and history of the vintage mechan-
plays came on ical stock tickers. A lot of them died at the
Combine sour cream and mayonnaise the market. hands of the World War II scrap drives. So
in small bowl; set aside. bowl; gently toss. Add all remaining Along with there are not as many around as you might
salad ingredients. Add dressing; toss to computers think.
Place apples and lemon juice in large coat. Cover; refrigerate 1 hour before they’re used al-
serving. most exclu- On Feb 1, Leslie Hindman Auctioneers,
sively today for stock quotes. Chicago, featured a Western Union Stock
Make slit in each chicken breast half to
form pocket. Place 1 slice cheese in each Ticker on base in its Furniture and Deco-
People kept tickers in their offices and the rative Arts auction. The model 35-A, se-
pocket. Roll each chicken breast into machines spat out strips of tape during rial number 11082, with brass and iron
bundle; wrap crisscross with 2 slices business hours. They also realized throw- works under glass dome, overall height 43
bacon. Secure bacon with toothpicks. ing a roll of paper tape out of the office inches, sold for $7,320.
“Blue diamonds are in a sense outside the Join us for another great Music City Auction of fine Antiques
& Collectibles, all sold at ABSOLUTE AUCTION. From the
whole diamond market simply because collection of Expedition Antiques, this auction has a bit of
everything for the collector or the dealer. A portion of this sale
they are so rare,” said a Sotheby's official. will be broadcast LIVE on Proxibid and online bidding is
“If you’re a buyer for a blue diamond you available on Auctionzip.com, as well.
don’t get many opportunities.” Still, ped- Partial Listing: 1800’s Scrimshaw, Raspberry Dot Vase, Cut Glass De-
canter, Pair of Vintage Beehive Glass Decanters, Vintage Opaque Blue
dlers of regular diamonds are hoping a Hand-Painted Finger Bowl, Lot of 32 1905-1913 Postcards, Moser Green
Glass Decanter, American Fostoria Bowl, Cut Glass Apothecary Jar,
turnaround comes soon. De Beers has Handmade, Hand-cut Raspberry, Clear Dot Hungarian Bowl, Pair of
Leaded Crystal Bowls, Hand-painted Fenton Art Glass (Signed), Fenton
pushed production down 91% in the face Hobnail Vase, Moser Clear Blue Powder Jar, Cut Crystal Footed Vase,
Wedgwood Olive Green Jewelry Box, Vintage Victorian Match Strike,
of reduced demand. Other miners have Hubley Cast Iron Boston Terrier, Cast Iron Daschund Boot Scrape, Cast
Iron Victorian Boot Scrape, Vintage Brass Inkwell, Cold Painted Bronze
followed. Victorian-era Romanesque Goddess, Delfts Blauw Gravy Bowl (Signed),
Delfts Blauw Clock, Pair of Staffordshire-style Porcelain Boxers, Elabo-
rate Chapman Brass Candle Stick Holder, Pair of Vintage Wood Planes,
50th Anniversary (1913) English Biscuit Tin, Dresden Ceramic/Copper
Arts & Crafts Serving Tray, Turn of the Century (1900) Oil on Canvas
Painting, "Christ Figure" Oil on Canvas, circa 1890 (signed Tojetti), Ve-
netian Water Color, circa 1890 (signed L. Pastega (?),Pair of Erte Prints,
SUMNER COUNTY ~ GALLATIN Late 19th Century English Steel Engraving, Machico, Madeira Stone
Lithograph, "View of the Capitol at Washington" Hand-Colored Print,
1033 Cairo Road 1845 Tri-Weekly Nashville Union Front Page, Pair of Vintage Brass Gas Wall
Sconces, Early 1900's Machinist's Tool Box, "The Art and Mystery of
Tennessee Furniture" Hardback Book, Lot of Vintage Copper Coal Han
and Glass/Brass Humidor, Lot of Art Deco Hand Mirror and Table
2072 Choice Acres - Brick House with Full Basement - 2-Car Mirror, German Cathedral Stained Glass Panel, Set of Stainless
Sheffield with Bakelite(?) Handles, Lot of 15 Vintage Stock Certifi-
Carport, 1-Car Garage, Barn, 2 Large Metal Shop Buildings, Great Terms, cates, Lot of 2 1920's "Spinner" Opener, 1814 Bank Note, Lot of 2
Vintage Pocket Watches, 3 Vintage Fountain Pens, 1820 Large Cent,
1967 Camaro SS, GMC Truck, 2007 Unique Adirondack-style Wood Rocking Chair, Large Brass and
Toyota Camry, John Deere Mower, Copper Bird Cage, Mission Oak Arts & Crafts Foot Stool, Mission
Oak 3-Tier Tall Table, Two-Drawer Marble Top Bedside Table, Vic-
To o l s , C o i n s , A n t i q u e s a n d torian-Style Lamp Table, Boudoir Chair, 2-Drawer Walnut Drop
Leaf Table, 1800's Walnut Crib, Vintage Copper Boiler, 1860-80
Household Items Offset Copper Boiler, 3 Drawer Mahogany with Beveled Marble
Top, 3-Shelf Crested China Cabinet, Art Deco Sofa Table, Primi-
The Charles Carver Estate Property tive Tool Chest, Art Deco Table Lamp, Pair of Brass Oil Lamps,
Bronze Deer Table Lamp, Bronze Signed D.H. Chiparus Art Deco
LOCATED: At 1033 Cairo Rd. Gallatin. DIRECTIONS: Take Hartsville Pk., turn "Dancing Lady", Bronze "Lady Justice" Statue, Crosley "Fiver"
right on Cairo Rd., property on right. See auction signs. Table Top Radio, Austrian Nasturtium Pitcher, Circa 1910, Ro-
seville Gardenia Vase, Roseville Water Lily Vase, Roseville
REAL ESTATE: Consists of 2.72 choice acres improved with a 3 BR, 3 BA , brick White Rose, Roseville Florentine Bowl, circa 1924, Roseville-
house with full basement. Features approx. 2,592 Sq. ft. of living space. The main Mystique Bowl, circa 1915, Weller Baldwin Design Vase, circa
floor has spacious kitchen/livingroom combination, kitchen complete with stove/oven/microwave, island and beau- 1915, Rookwood Large Bowl, Hampshire Vase, Curious, Un-
tiful oak cabinets, 2 BR, 2 full baths and utility connections. Basement features 1 BR, 1 BA, kitchen complete with marked, Hand-turned Bowl, Pair of Bronze Bookends, Arts and
refrigerator and stove, porches, landscape lighting, concrete dr. and sidewalk. 2 car carport & 1 car garage. Other Crafts Andirons Marked Sheffield, NY, Brass and Iron Serving
improvements include a 40’ x 50’ insulated metal shop building with electric and concrete floor, barn and 30’x40’
shop with covered sheds on side and back. Tray, Copper Tray and Teapot Set, 4-Piece Silver Plate Tea
Service, 4-Piece Federal-style Tea Service, Lot of Sterling Sil-
VEHICLES: 1967 Chevrolet SS camaro with 350 engine, automatic and air. 1999 GMC truck and 2007 Toyota ver Salt/Pepper, Compote and Spoon, Lalique Glass Pinsons
Camry with sun roof and leather seats(approx. 10,300 miles). Bowl, "Aix Les Bains" Advertising Litho, Framed plus Limo-
ges, RS Prussia, RS Germany, Nippon, Baccarat, Jewelry,
OLD MONEY & COINS: $1, $2, $5, & $20 OLD BILLS, (1890, 1921 and various silver dollars, and other old coins. Royal Dalton, Waterford, more furniture, excellent lots of
item!
MOWER & TOOLS, ETC.: Ztrac John Deere-0-turn 60 inch cut with approx. 56 hours, Saylor Beall air compressor, hand tools, drill, grinder, tool boxes, lad-
ders, racks, gun reloading equipment, wheel barrow, miter saw, band saw, saws-all, wrenches, sockets and lots more.
ANTIQUES AND HOUSEHOLD ITEMS: Maytag side-by-side refrigerator, Frigidaire refrigerator, Proscan 35” TV, Magnavox TV, RCA TV, Whirlpool dryer,
Maytag washer, couches & chairs, coffee table & end tables, leather recliner, 3 pc. cherry BR suite, 4-pc. maple
BR suite, 3-pc. blonde BR suite, dining table & chairs, china cabinets, library oak table, dry sink, love seat bench,
cedar chest, stereo, rocker, curio cabinet, what-not shelves, oak table, bar stools, gun case, lamps, oil lamps, fig-
urines, pictures & frames, pitcher & bowl with stand, porch furniture, picnic table, porch swing, air purifier, clocks,
fan, coolers, concrete flower pots, vacuums, rugs, mirrors, baskets, milk cans, luggage, canister sets, Homer
Laughlin china, corningwear, pitchers and glassed, cake stand, vases, coke tray, griddle, deep fryer, iron skillets,
tupperware, cookware, pots-n-pans, microwave, linens, towels, bedspreads, quilts, afgans, jars, Christmas dec-
orations, comic books, model cars, Kenmore and singer sewing machines and many other items too numerous
to mention.
TERMS: Real Estate: 20% down day of sale, remaining balance cash with deed; or terms available through the Cit-
izens Bank in Gallatin with buyer paying a total of 20% down, the remaining 80% payable over a 20 yr. payment plan
with interest for the first year at 5.9%. Interest to be re-adjusted each year thereafter at the bank’s lending rate. No
prepayment penalty and no pre-qualification necessary. For more photos go to
PERSONAL ITEMS: Cash or good check day of sale www.auctionzip.com or
NOTE FROM AGENT: This is an outstanding property! Super nice
www.americasauctionreport.com
All Announcements made Day of Sale take precedence over any previous written, electronic, printed, or verbal material.
home with lots of improvements on a choice tract of land. Great lo-
cation just minutes from town. Excellent terms available, We also
have lots of personal items to sell. So come and bring a friend.
114 GEORGE L. DAVIS BLVD. NASHVILLE, TN 37203
Spend the day. Tent, chairs, concessions are Directions: From I-40 in downtown Nashville, Exit @ Broadway.
available.
Auction Agents:
Building located on East side of frontage road to Interstate.
Gene Carman &
Lloyd Andrews 13% Buyer’s Premium/ 10% If Payment By Cash or Check
615-452-5341 This Is A Partial Listing, Many More Quality Items Not Listed
Seller: Susie Hammock, Exec. of the Charles Carver
Absentee Bids Accepted
Estate www.musiccityauction.net
Information in this ad is believed to be correct, but is not warranted
David Allen, Lic. # 5600 Music City Auction TN FL #4976 615-335-6261
Page 4 www.AmericasAuctionReport.com May 22, 2009
from page 1
Hollywood Wax Museum sold nearly a half million dollars worth of stars and his-
toric wax figures at a recent live auction.
WAX figures of all four Beatles brought worth of statues, costumes and other
in nearly $13,000 at the first auction in the memorabilia.
44-year history of the Hollywood Wax
Museum. Fans also bid on Michelle Pfeiffer as Cat-
As the economy shrinks people's budgets, and contemporary art sales, the company's
many are digging for deals at auctions, art sales are down 30 per cent.
junk shops and antique sales.
Exit One Realty and Auction That means buyers are pickier, but there
Earlier this week, are also better deals
2801 Hwy 96 ~ Burns, TN 37029 Jonathan Harvey since price esti-
Office Number: 446-3222 raised his auction mates for catalog
www.jancooperhomesearch.com paddle and held his items are about 20
Jan Cooper breath. The 25-year- per cent lower than
jcooper@realtracs.com Direct Number: 477-7527
old flight attendant they were before
had popped into the economy
Ritchies Auctioneers tanked. "I think
in Toronto on his day what happens in re-
off, a rank amateur cessions is that peo-
Auctioneer Videos
NOW SHOWING!
NEW VIDEOS
NOW PLAYING!
www.americasauctionreport.com
Buckle Up!. Antique Belt Buckles
Commanding Big Prices
By Michele Alice
AuctionBytes.com
No self-respecting Country/West-
erner would be caught dead wear-
ing a good pair of jeans without an
attention-grabbing belt buckle.
Buckles today span the worlds of Buckles have the added benefit
fashion and personal interest. Have that, because of their relatively
a favorite sport team, college, or small size and generally durable
occupation? Fond of an animal, materials, they are easy to store
comic-book character, or commer- and display.
cial brand? Want buckles that en
Absolute
Internet Domains Rake
Sale #1: Klass Car Wash
In Big Bucks at Live 1103 Congress Parkway, Athens, TN
Saturday, May, 30, 2009 at 9:00 AM
Auction
Ahh the never ending cyber highway.
How many carefree and cost free miles
have we all driven. It seems to be no end
to the amount of information that can be
found with the click of a mouse and with-
out spending a dime to get it.
AUCTIONS
Estate of Billy R. Lankford. Probate Court of McMinn County
No. P-441. Angela Lankford, Administrator.
Approximatly 170’ Highway Frontage; 0.50
Acres; Building is 50.5’ x 65.5’. Zoning B4
Terms: $10,000.00 down day of auction; bal-
ance at closing within 30 days
Jerry N Estes Law Offices, PLLC, Attorneys for the Administrator
What many do not understand is the ex-
pense of getting a site up, keep it working Sale #2: Construction Equipment and Miscellaneous Vehicles ~ Saturday, May 30, 2009 at 10:00 AM
plus, the man hours to keep content fresh Directions: Auction #2 at 10:00 AM: Athens, TN - I-75 Exit 49, go east on Highway 30, turn left onto Lee Erwin Road between Russell Stovers
and informative comes at a price. We pay andWendy’s. Travel 1.6 mile on McMinn Co. Rod. #172, turn right onto McMinn Co. Rd. #197 and go 0.3 mile, turn left onto McMinn Co. Rd. #196,
go 300' to entrance of auction sale site
for TV and satellite radio. We spend hun-
dreds of dollars each year to carry the lat- PARTIAL LISTING: 1999 Ford F350 Truck
2000 Kenworth Rollback 1991 Ford F250 Truck
est cell phone with all of its amenities so 1996 Marmon Dump Truck New Holland Backhoe LBLLS
why should we not expect to pay a little 1987 Freightliner Wrecker
1985 Ford 9000 Boom Truck KUBOTA Mini Excavator
for information on the internet. 1992 Freightliner / 750 Holmes Wrecker 2001 Chevrolet Tahoe
1981 Kenworth TA Axle Dump Truck 1986 Chevrolet El Camino
While a lot of the things we do on the in- 1979 Kenworth TA Axle Dump Truck 1970 Oldsmobile Toronado
ternet will remain free, things are chang-
ing. The escalating expense of
maintaining a viable web site is demand- Sale #3: Homes, Furniture, Guns, & Miscellaneous Items
ing that we, the consumers anti-up. After Saturday, June 6, 2009 at 10:00 AM
all, if there is one adage that rings louder Directions: I-75 Exit 49, go west 6.2 mile to McMinn Co. Road #100. Turn left, go 2.2 mile on #100,
every day, “nothing in life is free.” We are turn right onto McMinn Co. Road #50, go 6.1 mile to entrance of Billy R. Lankford Estate off Co. Road
#50. Estate is 1.1 mile past Short Creek Baptist Church.
seeing this play out in all aspects of our FURNITURE & MISCELLANEOUS ITEMS: 1968 Ford Mustang California Special Henry F. Miller Grand
lives daily. Piano (48"), Starr Upright Piano, Netzow Pump Organ Stool, Keyboard/Speakers, Victorian Sofa
& Chair, Gentlemen & Ladies Chairs, Cedar Chest, Round Oak Dining Table/ 4 Chairs and Small Cor-
ner Cabinet, Oak Ice Box, Frigidaire Ice Box, Oak Desk, Ladies Desk, Silverton Phonograph, Bedroom Suite,
Here is another adage, “you get what you Full Bed, Dresser, Chest & 2 Night Stands, Love Seat & Chair, Curio Cabinet, Bus Station Bench, 7 Arnold
pay for.” Expect to see more of that as you McDowell Prints, Doctor’s Buggy. COLLECTIBLES: Old Hand Tools
surf your way into the future.
Ad.com - $1,400,000
BottledWater.com - $45,000
Athletic.com - $40,000 HAND GUNS: Colt Python .357, SS, 4” Beretta 92FS .9MM, semi-auto Smith & Wesson
Vixen.com - $32,500 M629-4, rev .44 mag, SS, 4” Smith & Wesson 686, .357, SS, 6” Colt MK V, Trooper, .357,
Nickel, 4” Colt Combat Commander MK lV, .45 semi auto, blue Colt Lightning, .38 long colt, blue, 2 1/2” Smith & Wesson Sigma, .9MM, blue Dan
Shutter.com - $25,000 Wesson Arms, revolver, .357, blue, 2 3/4” Rossi M720, .44 spl, blue, 3” Smith & Wesson M 32-1, Terrier, 38 S&W, blue, 2” Smith & Wesson Mil-
Diets.net - $21,000 itary Police 2nd Model, 38 spl, nickel, 5” Beretta M950BS, Jetfire, .25 auto Imperial IMP revolver, .22 short, blue RIFLES: Colt AR15 A2 "Sporter
OnlineTelevision.com - $20,000 ll", .223 M 1 Carbine, Underwood Business Machine, 30 carbine Savage 110 .30-06, Simmons 3X9 scope Rossi M62 Gallery Gun, .22 LR Stevens
Combo Rifle/Shotgun, Model 22-410, O/U, .22 LR/.410. SHOTGUNS: Browning Auto-5, “”Sweet Sixteen”“ 16 GA 2 3/4” Browning A500, 12 Ga
NonProfits.com - $20,000 3", Vent Rib Smith & Wesson 1000M, 12 Ga auto, 3” Smith & Wesson 1000M, 12 Ga pump 3” Mosseberg, 500E, .410 Ga pump,Wood Stock
Jonesboro.com - $19,000 Mosseberg, 500E, .410 Ga pump, Synthetic stock Remington 11-48, .410 Auto Savage Arms, 775A, 12 Ga Auto 2 3/4” “LC Smith, Field grade,
SteakKnives.com - $18,000 S x S, 16 Ga, Stevens Model 94 C, .410 Ga Single Shot Break Open Wolverine Arms, 12 Ga, S x S, exposed hammers. MUZZLELOADERS:
Thompson Center Arms Hawken .50 cal, Muzzleloader Dart .45 cal Muzzleloader Markwell Arms .45 cal, Muzzleloader.
HomeMortgage.net - $17,000
TERMS ON PERSONAL PROPERTY: Cash or Good Check Day of Sale. TERMS ON REAL ESTATE: Tract #1: $20,000 down Day of Sale. Balance due in 30 days. Tract #2 & #3: $10,000 down Day
Debug.com - $17,000 of Sale. Balance due in 30 days. REGISTRATION: Anyone wishing to bid on items in the auction must be 18 years old to register and obtain a bidders card. Auctioneer reserves the right to reject the
CampingSupplies.com - $16,000 bid of anyone who is not a registered bidder.
Ycg.com - $14,000
Punks.com - $13,000 Dean Howard & Daughters Auction Co.
Antihistamine.com - $13,000 Dean Howard Realty
MedicalProblems.com - $12,000 6468 S. Nopone Valley Rd. Decatur TN 37322-5612
SiameseCats.com - $12,000 Col. Dean Howard, CAI, AARE, CES - Auctioneer/Broker
Bionic.com - $12,000 Col. Bobby Carter, CAI- Auctioneer/Affiliate Broker
Filet.com - $11,000 Col. Brandon Mashburn - Affiliate Auctioneer
GardenOfEden.com - $11,000 WWW.DEANHOWARDANDDAUGHTERS.COM 423-334-3335 Fax 423-334-2862
Sham.com - $11,000
All information in this ad was derived from sources believed to be correct, but not guaranteed by Sale Site Phone: 423-506-1111
Dean Howard & Daughters Auction Co
ALL ANOUNCEMENTS MADE DAY OF SALE SUPERCEDE ANY PRINTED MATERIAL e-mail: dhoward@netscape.com
KingCrab.com - $10,000