Athens Review, Athens, Texas

Breaking News

Community News Network

February 18, 2013

Prices soar above expectations at JFK auction

AMESBURY, Mass. — A one-of-a-kind Air Force One leather bomber jacket worn by John F. Kennedy sold for a jaw-dropping $570,000 in a much-anticipated auction of the former president’s possessions.

Among the early highlights were a signed copy of Kennedy’s book “Why England Slept,” the published thesis he wrote while in his senior year at Harvard that went for $4,500, and a copy of Robert Donovan’s book “PT 109,  John F. Kennedy in World War II,” signed by the president in 1961, which fetched $7,600.

They were among more than 2,000 pieces of memorabilia related to the fomer president, who were owned by the late David Powers,  JFK’s personal adviser  and close friend.

Perhaps the highlight of the auction was the brown leather bomber jacket, which had a pre-auction price of $20,000 to $40,000.

The jacket, which has the presidential seal sewn on the front, was given to Powers shortly before the president was assassinated 50 years ago. It came with a color photograph of Kennedy wearing it while watching the America’s Cup race. It was apparently also loaned to President Ronald Reagan, and the auction includes a letter from Reagan to Powers thanking him for the jacket.

It was sold to an unidentified buyer on the phone, who shelled out $570,000, plus an 18 percent buyer’s premium and 6.25 percent sales tax, for the piece of nostaligia.

Details for this story were provided by The Eagle-Tribune in North Andover, Mass.

Other auction highlights

$570,000: Price paid for Kennedy’s Air Force One leather bomber jacket; pre-auction price was $20,000 to $40,000.

$21,000: Price paid for an American flag that flew at the White House during the Kennedy administration; pre-auction price was $3,000 to $6,000.

$16,000: Price paid for a Kennedy administration White House seal used in the West Wing; pre-auction price was $2,000 to $4,000.

$9,750: Price paid for a photo of John F. Kennedy and Jacqueline Kennedy Onassis on their wedding day signed by the couple; pre-auction price was $2,000 to $5,000.

$6,000: Price paid for Kennedy adviser David Powers’ desk from the White House.

$4,250: Price paid for a little photo of Jacqueline Kennedy Onassis captured in the mirror taking a photo; pre-auction price was $100 to $200,

1,000: Approximate number of bidders online and on the phone based around the world.

350: Number of bidders in-house at John F. McInnis Auctioneers. Each bidder was allowed one guest. The auction house was at capacity for the event.

1
Text Only
Community News Network
  • Why a see-through mouse is a big deal for scientists

    A group of Caltech researchers announced in Cell Thursday their success in making an entire organism transparent. Unfortunately, this isn't any kind of "Invisible Man" scenario: The organism in question is a mouse, and the mouse in question is quite dead.

    July 31, 2014

  • Screen Shot 2014-07-31 at 2.12.55 PM.png VIDEO: Five-year-old doesn't want her brother to grow up

    Sadie, an adorable 5-year-old from Phoenix, wants her brother to stay young forever, so much so that her emotional reaction to the thought of him getting older has drawn more than 10 million views on YouTube.

    July 31, 2014 1 Photo

  • lockport-police.jpg Police department turns to Facebook for guidance on use of 'negro'

    What seems to be a data entry mistake by a small town police department in western New York has turned into a social media firestorm centered around the word "negro" and whether it's acceptable to use in modern society.

    July 31, 2014 3 Photos

  • The virtues of lying

    Two computational scientists set out recently to simulate the effects of lying in a virtual human population. Their results, published in the Proceedings of the Royal Society B, show that lying is essential for the growth of a cohesive social network.

    July 31, 2014

  • Sunburn isn't the only sign of summer that can leave you itchy and blistered

    You've got a rash. You quickly rule out the usual suspects: You haven't been gardening or hiking or even picnicking, so it's probably not a plant irritant such as poison ivy or wild parsnip; likewise, it's probably not chiggers or ticks carrying Lyme disease; and you haven't been swimming in a pond, which can harbor the parasite that causes swimmer's itch.

    July 30, 2014

  • Survey results in legislation to battle sexual assault on campus

    Missouri U.S. Sen. Claire McCaskill joined a bipartisan group of senators Wednesday to announce legislation that aims to reduce the number of sexual assaults on college campuses.

    July 30, 2014

  • An alarming threat to airlines that no one's talking about

    It's been an abysmal year for the flying public. Planes have crashed in bad weather, disappeared over the Indian Ocean and tragically crossed paths with anti-aircraft missiles over Ukraine.

    July 30, 2014

  • Sharknado.jpg Sharknado 2 set to attack viewers tonight

    In the face of another "Sharknado" TV movie (the even-more-inane "Sharknado 2: The Second One," premiering Wednesday night on Syfy), there isn't much for a critic to say except to echo what the characters themselves so frequently scream when confronted by a great white shark spinning toward them in a funnel cloud:
    "LOOK OUT!!"

    July 30, 2014 1 Photo

  • 20140729-AMX-GIVHAN292.jpg Spanx stretches into new territory with jeans, but promised magic is elusive

    The Spanx empire of stomach-flattening, thigh-slimming, jiggle-reducing foundation garments has expanded to include what the brand promises is the mother of all body-shaping miracles: Spanx jeans.

    July 29, 2014 1 Photo

  • Medical marijuana opponents' most powerful argument is at odds with a mountain of research

    Opponents of marijuana legalization are rapidly losing the battle for hearts and minds. Simply put, the public understands that however you measure the consequences of marijuana use, the drug is significantly less harmful to users and society than tobacco or alcohol.

    July 29, 2014

Biz Marquee
AP Video
Netanyahu Vows to Destroy Hamas Tunnels Obama Slams Republicans Over Lawsuit House Leaders Trade Blame for Inaction Malaysian PM: Stop Fighting in Ukraine Cantor Warns of Instability, Terror in Farewell Ravens' Ray Rice: 'I Made a Huge Mistake' Florida Panther Rebound Upsets Ranchers Small Plane Crash in San Diego Parking Lot Busy Franco's Not Afraid of Overexposure Fighting Blocks Access to Ukraine Crash Site Dangerous Bacteria Kills One in Florida Workers Dig for Survivors After India Landslide Texas Scientists Study Ebola Virus Smartphone Powered Paper Plane Debuts at Airshow Southern Accent Reduction Class Cancelled in TN