Owning a piece of the past: an investment option for our times?…
source: Bonhams
As one passes the first anniversary of the failure of Lehman Brothers, one might be wondering where (beyond one’s mattress) one should be parking what’s left of one’s resources.
As Wired.com reports, the auctioneers Bonhams have an idea: natural history artifacts. The 42 items to be gaveled in a sale to held in Las Vegas on October 3 range from a fossilized fish, estimated to go for about $1,000, to a 66 million-year-old T-Rex skeleton (above), one of the best ever found– and estimated to fetch as much as $8 million. Other highlights include the largest shark jaw ever found, a giant pig skull, and the skeleton of a duck-billed dinosaur.
Collectables, of course, have an uneven history as investments… but then, how’s that stock portfolio doing this last year or so?
As we rethink our portfolios (and the arrangement of our living rooms), we might recall that it was on this date in 1949 that Warner. Bros. introduced the Road Runner in the cartoon short “Fast and Furry-ous.” Created by Michael Maltese and the incomparable Chuck Jones, The Road Runner’s “beep, beep” (like the sounds of most other Warner Bros. cartoon characters) was voiced by Mel Blanc.