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ASSET SALES
Learn about loans, real estate, and other assets for sale by the FDIC.
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UPDATES & ALERTS
February 6, 2004  Real Estate Retrieval System


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Frequently Asked Questions for Asset Sales

Photo of two people shaking hands Legacy Loans Program
A joint FDIC-Treasury program incorporating public-private investment funds to purchase and sell bank’s loans and other assets.
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Learn everything you need to know about buying loans from the FDIC.
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Learn everything you need to know about buying real estate from the FDIC.
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Learn about upcoming Servicing Sales.
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Investigate the inventory of other assets for sale — including office furniture, fixtures, and equipment.
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Review detailed information on past asset sales.

Historical Sales
Review detailed information on past asset sales.
http://www.fdic.gov/buying/historical/index.html

http://www.fdic.gov/buying/index.html

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Other Asset Sales
Investigate the inventory of other assets for sale — including office furniture, fixtures, and equipment.

http://www.fdic.gov/buying/otherasset/index.html

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Money Smart Press Releases

Previous Money Smart Press Releases FDIC Press Releases

2009

June

http://www.fdic.gov/consumers/consumer/moneysmart/press/2009/mspr0901.html

Money Smart Adult Financial Education Curriculum

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And, Money Smart Home –

http://www.fdic.gov/consumers/consumer/moneysmart/index.html

[These are all from the FDIC – ]

http://www.fdic.gov/consumers/consumer/moneysmart/press/2009/index.html

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Publications and Other Resources

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http://www.fdic.gov/consumers/consumer/moneysmart/index.html

Financial Education…..A Corporate Commitment
The Federal Deposit Insurance Corporation (FDIC) initiated a national financial education campaign in 2001 by launching Money Smart, a comprehensive financial education curriculum designed to help individuals outside the financial mainstream develop financial skills and positive banking relationships. The FDIC has far exceeded its original commitment to reach one million consumers. The FDIC is continuing to work diligently to form alliances with other major entities, including financial institutions, national non-profit organizations, community- and consumer-based groups, and federal, state and local agencies to promote financial education.

Money Smart Achievements
Goal
Actual
Partnerships
1,000
1,631
Copies of Curricula Distributed
100,000
756,000
Consumers Reached
1,000,000
2,414,516

***My Note –

About the Hollywood Prop Auction – it is going on right now –

A public auction will be held on-site and by webcast from July 28-Aug. 1, starting at 9:30 a.m. each day.

Info: www.greatamerican.com

***

Hollywood prop auction ends 40-year career
Foam aliens, carousel horses, Roman sculptures all being sold off
IMAGE: 20th Century Props
A worker tags the inventory of 20th Century Props in North Hollywood, California. The prop house is auctioning off its inventory and plans to close.

updated 1:12 p.m. ET, Thurs., July 30, 2009

LOS ANGELES – When Harvey Schwartz left his job as an aerospace engineer and opened an antique shop, he ignited a passion that led to a 40-year career.

Harvey’s Antiques spawned Harvey’s Props, which eventually became 20th Century Props, described by Schwartz as “the biggest prop house in the world under one roof.”

But no more. Schwartz’s inventory of more than 93,000 pieces — including foam aliens, vintage furniture and appliances, carousel horses, Roman sculptures and other assorted props from film and TV — is being liquidated. A slowdown in the economy and Hollywood productions is forcing him to close his doors. He expects his 200,000-square-foot warehouse in North Hollywood to be “broom clean” by Aug. 15.

[ . . . ]

“That was the last straw,” he said. “We’re broke. We couldn’t hold on any longer so I had to put it up for auction so I could dig up the money to pay the debts.”

The auction is being held on site and online. Schwartz can hardly bear to watch.

“This antique roulette table that’s been in Hollywood for 80 years, with a beautiful hand-carved base, just a magnificent piece. I paid, at auction — I got a really great bargain, I thought — a few years ago, I paid $6,000,” he said. “And it just went up on the auction block for 350 bucks. It’s like a piece of trash. So it’s very painful to see these things go.”

Some of the buyers are collectors. Some own prop shops. Others are just looking for unusual items.

[ etc. ]

http://www.msnbc.msn.com/id/32220805/ns/entertainment-movies/

***

A public auction will be held on-site and by webcast from July 28-Aug. 1, starting at 9:30 a.m. each day.Info: www.greatamerican.com

**

http://www.reuters.com/article/entertainmentNews/idUSTRE56J5NO20090720

Huge Hollywood prop house closing after 40 years
Mon Jul 20, 2009 6:36pm EDT

LOS ANGELES (Reuters) – Hollywood’s second-largest prop house is going out of business with its owner saying he has fallen victim to film and TV production leaving California for other U.S. states that lure producers with tax incentives and fewer restrictions.

20th Century Props is closing its doors for good at the end of July and auctioning off a collection of 93,000 props from such films as “Cleopatra” and “Titanic”, as well as TV’s “The X Files” and “Golden Girls” and music videos from Michael Jackson, Britney Spears and Madonna.

[etc.]

Schwartz has run 20th Century Props for 40 years, claiming to be the second-biggest prop house in the world and the largest under one roof, a 120,000 square foot (11,150 sq meter) warehouse in suburban North Hollywood near Universal Studios.

He said business been slowing down for years as productions left California for Canada and other states that offered tax credits and eased rules about filming.

“They are also offering really low prices on filming on the streets and filming permits, where California raised the prices last year,” he said.

[ . . . ]

http://www.reuters.com/article/entertainmentNews/idUSTRE56J5NO20090720

***

Results for “Hollywood props auction”
Huge Hollywood prop house closing after 40 years Monday, 20 Jul 2009 08:00pm EDT
“Battlestar Galactica” items up for auction Wednesday, 5 Nov 2008 07:00pm EST
NBC auctioning off props from TV shows Friday, 16 Nov 2007 07:00pm EST
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Audio slide show: GIVE HIM HIS PROPS

20th Century Props in North Hollywood, the largest prop house under one roof, is closing its doors after four decades of business. A public auction will be held on-site and by webcast from July 28-Aug. 1, starting at 9:30 a.m. each day. Preview dates are on July 25 and July 27 from 9 a.m. to 4 p.m. Info: www.greatamerican.com

[From LA Times – very nifty slide show, too.]

http://www.latimes.com/features/home/la-ho-props-ss,0,427836.htmlstory

***

[Also – in New York City, not to be outdone by Los Angeles – ]

Huge multi-estate sale planned for Jul. 31-Aug. 2 in N.Y.
Around 1,200 fresh-to-the-market lots in a broad array of categories will be sold the weekend of July 31-Aug. 2 by Philip Weiss Auctions in Oceanside, N.Y. Then, in Sept., a 5-lb. pearl will be sold.

(OCEANSIDE, N.Y.) – Around 1,200 lots in a wide array of categories – to include toy trains, transportation, advertising, militaria, ocean liner, World’s Fair, railroadiana, automotive, Hollywood memorabilia, historical items and more – will be sold at a three-day event slated for July 31-Aug. 2 by Philip Weiss Auctions, in the firm’s spacious gallery facility located at #1 Neil Court in Oceanside, N.Y.

“We had several well-attended and successful sales in the first half of 2009, and now we’ll continue in the July 31-Aug. 2 auction with some of the best collections we’ve ever offered,” said Philip Weiss. Previews will be held on Wednesday, July 29, from noon to 5 p.m., and on Thursday and Friday, July 30-31, from noon to 8 p.m. each day. Online bidding will be facilitated by Proxibid.com.

The Friday, July 31 session (starting at 4 p.m.), will be dedicated to toy trains — about 450 lots, 95 percent of them mint in the box. Featured will be an important attic find of 1940s-’60s Lionel trains (most with original boxes and many outfit boxes), group lots of 1970s-’80s mint-in-the-box Lionel and other makers’ trains and accessories, modern Lionel trains, Rail King, MTH, K-Line, Weaver and more.

The Saturday, Aug. 1 session (with a 10 a.m. start time) will feature transportation items, advertising memorabilia and militaria, plus around 150 lots from the estate of Ken Schultz, a dedicated collector of ocean liner, World’s Fair and Hollywood collectibles. Ocean liner china and silver from other collections will be included as well. Also to be sold will be about 100 antique advertising signs.

The Aug. 1 session will continue with a nice selection of railroading items and automotive material, to include a run of vintage Pennsylvania Railroad calendars, lanterns, an original lamp from Grand Central Station in New York, stock certificates, 100+ lots of vintage advertising agricultural signs, vintage soap advertising and other related material. Additional items are being regularly added.

The Sunday, Aug. 2 session (also with a 10 a.m. start time) will feature 500 lots, to include Hollywood memorabilia such as celebrity-worn items, movie props and posters, autographed photos, a collection of Clarence Bull photos, and photos from the LOOK Magazine archives. Historical items will include the lock box belonging to Maj. Gustavus S. Dana (an organizer of Lincoln’s Honor Guard).

Also to cross the block Aug. 2: a nice selection of authenticated Civil War-era carte-de-visites (early photographic images), and an important archive of material pertaining to Charles J. Guiteau, the assassin of President James A. Garfield in 1881 (to include two actual pieces of the rope used to hang Guiteau, a cabinet card of Guiteau, letters written to him while he was in prison, an archive of Garfield photos (to include the earliest known daguerreotypes of him), illustrations, a strong box and more. Also to be offered: an original Apollo 10 flag and patch flown to the moon during an historic lunar mission.

Military material to be sold Aug. 2 includes a Thomas Griswold & Co.

Confederate officer’s cavalry saber, an authentic Civil War bugle, a U.S. percussion musket, and more items a collection that includes all major wars, highlighted by both World Wars, posters from World War I & II, and more. All purchases will be subject to a 13% buyer’s premium. Terms are cash, check and all major credit cards.

Sometime in September, on a day and time still to be determined, Philip Weiss Auctions will offer a truly unique object — a pearl weighing an incredible five pounds and measuring six inches in length. The brain-shaped specimen – a giant non-nacreous natural blister pearl – was found in the waters off the Philippines, in the giant clam Tridacna Gigas. It is one of the largest pearls ever found.

A team of expert gemologists analyzed the pearl, using digital radiography, close magnification and data provided by a hand-held X-ray fluorescence (XRF) unit. “This is a once-in-a-lifetime look at one of nature’s most unique treasures,” said Mitch Jakubovic, a gemologist with EGL USA. “A pearl this size is not only the largest one we’ve ever seen, it is among the largest pearls ever seen anywhere.”

David Bidwell, a senior appraiser with Universal Gemological Services (EGL USA’a appraisal affiliate), said, “This is clearly one of the most valuable pearls of its kind in the world today. I will be very curious to see what it sells for.” The pearl was consigned to Philip Weiss Auctions by its current owner. “To coin a phrase, you might say the pearl world is his oyster,” Bidwell said of the consignor.

sale planned for Jul. 31-Aug. 2 in N.Y.
Around 1,200 fresh-to-the-market lots in a broad array of categories will be sold the weekend of July 31-Aug. 2 by Philip Weiss Auctions in Oceanside, N.Y. Then, in Sept., a 5-lb. pearl will be sold.
Huge multi-estate sale planned for Jul. 31-Aug. 2 in N.Y.

Philip Weiss Auctions is always accepting quality consignments for future sales. To consign an item, an estate or an entire collection, you may call them directly, at (516) 594-0731, or you can e-mail them at phil@prwauctions.com. To learn more about the company and its calendar of upcoming sales, to include the July 31-Aug. 2 auction, log on to http://www.prwauctions.com. Updates are posted often.

http://www.news-antique.com/?id=787539&keys=trains-hollywood-militaria-toys

Check here for more information –

www.prwauctions.com

(That is the ugliest pearl I’ve ever seen, I don’t care how big it is.)

***

And from LA Daily News – (about the new film tax breaks / incentives) – which is too little too late for the Hollywood prop master whose business represents a total collection worth much more than he will ever receive on auction –

http://www.dailynews.com/news/ci_12933303

One entrepreneur who’s given up the fight is 20th Century Props owner Harvey Schwartz.

He began a five-day auction Tuesday of his 90,000 vintage movie props and memorabilia and spoke at the news conference about the impact of runaway production.

“People on the other side of the building are auctioning goods off that I’ve treasured here for 20 to 40 years,” Schwartz said beneath the baleful gaze of a T. Rex skeleton and rows of chandeliers dripping teardrop crystals.

“I built this to last forever and I thought it would. I was born and raised in Hollywood, but runaway production has made it so hard for my and a lot of other industries to survive.”

“In 2001, 82 percent of all filming in the United States was filmed in California,” Lippe said. “Now, it’s in the low 30 percent bracket.”

[Etc. – the article has a lots more about the tax incentives program along with 25 new films that are set to get that help – why couldn’t they have save the prop business or helped him put it online or something? It doesn’t make any good sense . . . – my note]

http://www.dailynews.com/news/ci_12933303

Film, TV projects line up for $67.5 million in incentives

California’s month-old tax-incentive program appears to be keeping some film and TV productions from fleeing the Golden State, officials said Tuesday.

The California Film Commission, which oversees the program, has allocated nearly $67.5 million in tax credits for 25 film and television productions with a total budget of $347 million.

Flamingos wait to be auctioned at 20th Century Props in North Hollywood, CA July 28, 2009. Assemblyman Paul Krekorian held a press conference at the facility to unveil the latest figures from the state’s film incentive program. The press conference was held on the 1st day of the public auction at the business which is set to close after four decades in business.

[ . . . ]

INCENTIVE RECIPEINTS

Here are the first 25 film and television productions to qualify for about $67 million in state-funded incentives:

PRODUCTION COMPANY

  • “1/2 Life” 1/2 Life LLC
  • “Beverly Hills Chihuahua 2” Tiny But Mighty Productions
  • “Burlesque” Screen Gems Productions Inc.
  • “Christmas in Beverly Hills” Fast Lane Productions LLC
  • “Circle of Eight” Bronson Avenue II LLC
  • “Cooper” Gramps Co. Inc.
  • “Dead Broke” Lucky Monkey Pictures
  • “Dinner for Schmucks” DW Studios Productions LLC
  • “Elevator Girl” Garding Limited
  • “Faster” CBS Films Productions Inc.
  • “Fire In the Hole” Woodbridge Productions Inc.
  • “Hero Factory” (Animated) Threshold Animation Studios
  • “Important Things with Dimitri Martin” Central Productions LLC
  • “Men of a Certain Age” Turner North Center Productions
  • “Naked Gun 4” Paramount Famous Productions
  • “The Perfect Family” Perfect Family LLC
  • “Priest” Screen Gems Productions Inc.
  • “The Raise” Unclaimed Freight Productions
  • “Second Wives Club” Paramount Famous Productions
  • “Slumdog Virgin” Steinbeck LLC
  • “The Social Network” Columbia Pictures Industries Inc.
  • “The Spanish Harlem Project” Mano Productions Inc.
  • “Takin’ It Back” Elixir Entertainment Inc.
  • Untitled Movie Close To Home Productions LLC
  • “You Again” Briarvale Productions Inc.
  • ***

    My Note –

    There are numerous sales and auctions occurring all over the country but one of the best events coming up is the Star Trek Convention in Las Vegas, August 6 – 9, 2009. Now that should be some fun . . .

    – cricketdiane

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