Media inquiries: Please contact Penny Worley Kien directly at (513) 310-2596.
Ms. Worley Kien is an expert in economic trends, the real estate & equipmentmarketplace, and asset valuation. She has appeared on FOX Business and local network affiliates in the Cincinnati/Dayton area.
Estate of William King
Ohio Classic Car Auction
Lenhardt’s & Christy’s Auction
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.”
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.
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.
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.
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.
The contents of the building that once housed the upscale Stanley Demos’ Coach House restaurant will be auctioned online through Sept. 22, officials at an Ohio auction company said.