22 October, 2018

Auction Round-Up - Jackson, VW and the 3,000-Year-Old Artefact

This week in our auction round-up, we went back 3,000 years to the Assyrian Empire and a demi-god relief heading into an auction with a monster 8-figure estimate. 

Volkswagon's ultra-efficient XL 1 is heading into an auction too! With low production numbers and mileage, will this become an investment piece? 

Finally, Michael Jackson's iconic jacket from his 'Bad' tour is heading into an auction with a huge estimate but it doesn't hold a candle to their Thriller sibling. 

Michael Jackson 'Bad' Jacket in Auction

Michael Jackson will be the star of the auction when one of his iconic jackets from his first solo 'Bad' tour from 1987-89 is heading to auction. 

With an estimate of $100,000, Milton Verret has decided it's time to part with that item along with 100 others in a Rock 'N 'Roll Memorabilia Collection auction.

The design of the jacket features numerous buckles, straps and zippers. Jackson also signed it on the back with a silver marker. 

Trivia - Verret owns the jacket worn by Jackson in hit video 'Thriller' after spending $1.8m to secure it in 2011.

Proceeds from the sale will go to the MusicCares charity.

3,000-year-old Assyrian Palace Artefact in Auction 

A fascinating artefact dating back over 3,000 years has sold in auction!

This fantastic gypsum piece depicts Apkallu, a winged demi-god. The bucket and cone that's included are a sign of fertility and protection for the king. It was located in the palace King Ashurnasirpal II, who reigned Assyria from 883 to 859 BC.

Measuring a massive 7 feet, it was expected to sell for $10m at auction in New York but tripled it to sell for $31m! Originally found in what's now called Iraq, there have been calls for the sale to be cancelled because it's part of Iraqi heritage. Why did it move?

Well, Sir Austen Henry Layard, a British archaeologist, excavated a relatively untouched site near Mosul in the mid-1800s. He was given permission by the Ottoman Empire to take away as much as he could and he did just that.  

With previous Assyrian art selling for £7.7m in 1994, this piece completely eclipsed the previous record and was aided by its fantastic condition.

Volkswagon XL1 in Auction

Volkswagon took efficiency to a whole new level with the XL 1. Numbers for its mpg range from 261-313. No matter what the actual number is, that's incredible. With around 250 produced, it's quite rare.

With a kerb weight of 795kg, Volkswagon has made this car extremely lightweight which helps with its mileage. With a meagre 67bhp and 800cc dual cylinder engine, the car has a claimed top speed of 100mph. Even though you won't be screaming down a dual carriageway, you'll be journeying in a rather futuristic-looking car. 

Its shape is aerodynamically-optimised too which explains the unique looks. Patented carbon fibre with reinforced polymer, magnesium and aluminium, the car is a design marvel. Furthermore, gullwing doors are also included for that added touch. 

Trivia - 23.2% of the car is made out of steel or iron. 

With an estimate ranging from £95,000 - £115,000, this can be a fantastic investment considering it has less than 100 miles on the odometer. 

Final Words

The Volkswagon is said to be a test bed for future technologies employed in VW cars so what designs can we expect in the future? With efficiency levels this high already, perhaps the future will see an even bigger jump in environmentally friendly cars. Watch out XL 1.

The gypsum work is a fascinating look at the history surrounding the middle east. Although it was kept in private hands for over 150 years, the condition is sublime and will adorn any collection of Assyrian Art.

Now the record holder of the most expensive piece of Assyrian Artwork in the world, it'll be interesting to see how this market moves!

Michael Jackson further illustrates the value of musicians items after their passing. $100,000 estimate is huge but what's even bigger is the cause it will go towards. 

What's your favourite story? Hit the share button and let us know!

 
Share
Auction Stories - VW XL1, Jacket from Bad Tour and 10m Assyrian Art
Auction Stories - VW XL1, Jacket from Bad Tour and 10m Assyrian Art
Auction Stories - VW XL1, Jacket from Bad Tour and 10m Assyrian Art
Auction Stories - VW XL1, Jacket from Bad Tour and 10m Assyrian Art
Auction Stories - VW XL1, Jacket from Bad Tour and 10m Assyrian Art
Auction Stories - VW XL1, Jacket from Bad Tour and 10m Assyrian Art
Auction Stories - VW XL1, Jacket from Bad Tour and 10m Assyrian Art