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WORLD MARKETPLACE NEWS                                                         with Managing Editor Judy Gonyeau



                                         ROBB REPORT – When it comes to       9NEWS – A Denver-based real estate firm has acquired the Cal Neva
                                         collectibles, the earliest examples of   Resort & Casino at Lake Tahoe, a historic hotel-casino built along
                                         any item are often the most    the California-Nevada line in 1926 and  once owned by Frank
                                         coveted. In the rarefied sphere of   Sinatra, but has been shuttered for 10 years. Chad McWhinney,
                                         high-end automobiles, collectors are   co-founder, chairman and CEO of
                                         now at a crossroads never before     McWhinney, said the company is
                                         encountered.  Which will offer the   “thrilled for the opportunity to craft
                                         greatest return on investment down   the next iteration of this one-of-a-kind
            the road – the vehicles at the end of an era, or those that usher in a new   resort. Our vision is to reimagine and
            one? Although  its all-electric Spectre will start delivery at the end of    revitalize this iconic resort with deep
            the year, Rolls-Royce acknowledges an upcoming milestone that will   historic roots into an exceptional experi-
            likely overshadow it: the production of the very last Roller to be    ence for guests and the local community
            powered by internal combustion. Martin Fritsches, president and CEO   to enjoy for years to come.”  The Reno
            of Rolls-Royce Motor Cars Americas, says that, “In my opinion, the last   Gazette Journal reported the sale price was
            V-12s are going to be the most valuable. Yes, the first Spectres are going   estimated to be about $58 million.
            to be interesting too, but, proportionally, from an economic perspective,   Sinatra bought the property in 1960.
            the last V-12s are going to be way more attractive – I’m sure about it.”    Sammy Davis Jr. and Tony Bennett were among the frequent visitors,
                                                                              and Marilyn Monroe stayed there shortly before her death in 1962.

            DARKKNIGHTNEWS – Sideshow Collectibles
            has just released its newest addition to their art                NYT – Instead of peddling a new vessel or pouf during the Salone del
            print collection:  Catwoman #50 by artist                         Mobile in Milan held in April, 2023,  73-year-old Architect Paola
            Sozomaika. Every Catwoman #50 art print is one                    Navone is spending the design week giving her objects away for free
            of only 200 pieces and comes with a Sideshow                      after she dreamed up an exhibition featuring pieces she created or
            Seal of Authenticity. It is available as an unframed              collected over the past five decades, including rare prototypes and
            giclée or custom-framed. Officially licensed by DC                artisanal antiques. Members of the public were randomly paired with
            Comics, this image is printed using Epson archival                an object, and were instructed by the show’s title, Take It or Leave
            inks on 100% cotton rag, acid free, and is wrapped                                                 It,  to accept or decline it at no
            in hand-rolled. The image was originally created                                                   cost. The show’s hundreds of
            as a variant cover for Catwoman Vol. 5 #50.                                                        objects range in origin and period,
                                                                                                               spanning both high design and
                                                                                                               vernacular craft, many of the
            NEW YORK, NY – On the afternoon of Aug. 10, 1628, the Vasa, built                                  pieces acquired at flea markets
            by the Swedish to be one of the most powerful warships in the Baltic, set                          and bazaars throughout Africa,
            off from the palace docks in Stockholm. The Vasa did not even make                                 Asia, and Europe. Among her sou-
            it 1 mile. A strong gust of wind caused the 226-foot-long ship to keel over                        venirs is an earthenware amulet,
            as water poured in through its open gun ports, which were on display for                           a four-tier embossed-aluminum
            its maiden voyage. About 150 people were believed to be on board when                              lunch box, and a fish-shaped
            it sank; about 30 died. Now, nearly 400 years later, advanced DNA                                  ceramic vodka serving set.
            testing is allowing researchers to learn more about the ship’s dead,
            including a woman known as “G,” whom researchers had long
                                         believed to be a man. The Vasa       PAGE SIX –  Joan Collins, 89, showed off one of her
                                         Museum is now considering whether    many vintage treasures in an Instagram post: an Yves
                                         to rename G to Gertrud, a common     Saint Laurent leather jacket she’s owned since the
                                         G-name for women in Sweden in the    1980s. A new Saint Laurent moto jacket goes for
                                         1620s. The ship’s recovery began in   upwards of $5,000, so Collins certainly has a valu-
                                         1958 and was completed in 1961       able piece on her hands. In her post, she shared her
                                         when the entire warship was lifted from   source by adding #shoppingmycloset.  This is just
                                         the depths of Stockholm harbor.      one of several posts Collins has shared with her fans
            Workers sprayed the ship with water, then applied the preserving agent   showing her timeless, vintage style.
            polyethylene glycol over the course of 17 years and let it dry for another
            nine years. The mud from the seafloor, it turned out, had kept the ship in
            remarkable condition. The recovery included more than 40,000 objects   NEWSER –  This small, Chinese, “highly important”
            from in and around the ship.                                      bowl just sold at Sotheby’s for $23.5 million. The bowl is
                                                                              said to represent the “peak of painting on porcelain” and
                                                                                                          was made sometime in the
            UPSTATE NY – Own a historic Upstate New York home in need of                                  mid-18th century during
            some tender loving care? You could be chosen to have your fixer-upper                         the time of the Yongzheng Emperor
            brought back to life with help from a team of professionals on an upcom-                      who ruled from 1722-1735. The catch?
            ing HGTV series. Casting producers are looking for historic homes with                        The person or entity who purchased
            these qualifications: The home needs to be 100 years old, or older; needs                     the bowl remains anonymous.
            to have been purchased for $150k or
            less; should be purchased within the
            last 12 months or currently empty;                                NATIONAL LAW REVIEW – With the issuance of Notice 2023-27
            homeowners should have a budget                                   on March 21, 2023, the IRS has broken its silence on NFTs. First, it
            that can be put towards the restora-                              states that the IRS intends in the future to issue guidance as to the
            tion project.  To apply, click here:                              treatment of certain NFTs but only those that should be classified as
            https://cheapoldhouses.casting                                    “collectibles.” Second, the notice signals a more cautious government
            crane.com/                                                        approach to issuing guidance about the tax treatment of digital assets.
            12                     Journal of Antiques and Collectibles
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