A recent reappraisal placed the land’s value at $95 million, a steep drop from the previous assessment of $130 million. The first appraisal came during the height of the real-estate boom, said deputy state land commissioner Jamie Hogue.
And like any bottom-line business, developers weren’t interested in buying property at the market’s peak. Tempebased SunCor [...]

Officials with the Oregon Department of Fish and Wildlife have posted the first of seven custom-made boats this week on eBay.
The open-patio boat-style craft was built specifically for the recent rotenone treatment at Diamond Lake, just north of Crater Lake.
The minimum bid is $20,000, with all of the proceeds being used to cover the continued [...]

The city will turn to Internet auctions to sell its extra land, a lucrative alternative to the old ways of either requesting offers from developers or just sitting at a table and hashing out a deal.
Selling land online is a new idea for governments in Palm Beach County, city finance officials say.
“As far as I [...]

The medal, awarded to noted Quebec historian Gustave Lanctot nearly 40 years ago, surfaced eight days ago on eBay. Mr. Lanctot died in 1975.
The Order of Canada recognizes a lifetime of outstanding achievement, dedication to the community, and service to the country.
As of 5 p.m. ET Friday, nine bids had been registered on the popular [...]

Following major Internet fencing ring arrests in other states, a key New Jersey lawmaker says he wants to crack down on stolen goods sold through online auction sites.
Assemblyman Joseph Cryan has introduced a bill that targets people in New Jersey who use Internet auctions to sell shoplifted baby formula, gift cards, coupons and other goods [...]

Marsh & McLennan has agreed to sell Putnam for $3.9bn (€2.9bn) to Power Corp of Canada as part of chief executive offier Michael Cherkasky’s effort to retool after a share trading scandal.
The price to be paid by Montreal-based holding company Power Corp of Canada is at the higher end of most estimates and could be [...]

The city of Chicago has auctioned 50 taxi medallions.
The average price paid for the medallions was a record 78-thousand-509 dollars. The highest bid was 81-thousand-and-two dollars, while the lowest was 60-thousand dollars.
The highest price paid at auction just two years ago was 47-thousand-500 dollars.
Chicago’s Department of Consumer Services received 204 bids total for the month-long, [...]

Heritage Auction Galleries is having a rare coin auction next week, January 3 to 6, 2007 in Dallas, Texas. This auction is expected to break the previous world’s record for a coin auction of $61 million that was set by the firm in January 2005. Buoyed by the continuing strength of the rare coin bull [...]

Increasingly-savvy sellers are turning to alternative sites and saving money on auction fees.
When using eBay, a seller must pay a listing fee to get an item posted. A final value fee of up to 5.25% is also charged if an item sells. EBay listing fees depend upon the starting price of the item being sold. [...]

Gold coins found in a sunken ship off Key West more than 20 years ago are going up for sale.
Treasure hunter Mel Fisher made headlines in 1985 when he found the wreckage of a Spanish galleon that sunk in 1622 off Key West. The ship’s cargo of gold, silver and precious gems was worth an [...]

A hockey stick believed to have been carved between 1852 and 1856 was sold at auction for $2.2 million and will be displayed at the Hockey Hall of Fame.
The hickory stick is purported to be the oldest hockey stick. The oldest stick now on display in the Hall of Fame is from 1881.
Seller Gord Sharpe [...]

The city has made roughly $1.8 million through public auctions since January, according to records kept by Public Surplus, an online auction Web site catering to government agencies.
Brian Garrity, a contract officer overseeing the auctions for the city, said the majority of the money goes back into its general fund.
The most unusual, varied and exciting [...]

ADESA Inc., North America’s second largest provider of wholesale vehicle auctions, said Friday it has agreed to be acquired by a private equity fund group in a deal valued at $3 billion.
The deal also includes assumption of roughly $700 million in debt.
Under the deal, Kelso & Co., GS Capital Partners, an affiliate of Goldman Sachs, [...]

A Hudson man who swindled 41 people out of a combined $255,000 in an online scam in which he sold Super Bowl tickets he did not have has been sentenced to 6 years in federal prison.
Michael R. Deppe, 20, was also sentenced Thursday to three years of probation and was [...]

More than 200 documents from the 20th Century Fox archives are on the auction block next month in New York, including a memo saying Norma Jean Dougherty was changing her name to Marilyn Monroe.
Many of the studio contracts for such stars as Cary Grant, Clark Gable and Rita Hayworth are signed by the stars [...]