"A violin that had been owned by the comic Jack Benny drew a bid of $22,400. A G.I. Joe-type action figure featuring Frank Sinatra in a suit went for $256."
"Much of the club's treasured showbiz memorabilia drew prices well above the online auction estimates. Some had hoped these relics of yesteryear might find their way into museums or back to various members."
"We're all very broken up about it. The sale fetched a little more than $500,000 including the auction house's 28 percent buyer's premium."
"The sell-off, organized by Julien's Auctions of California, was set in motion by Kairos Credit Strategies Operating Partnership, which took control of the club for $17.2 million after a December 2024 foreclosure sale."
The New York Friars Club's memorabilia auctioned off included items like a violin owned by Jack Benny and a signed poster from a roast of Quentin Tarantino. The sale, organized by Julien's Auctions, raised over $500,000. Many hoped the items would go to museums or members, but they were sold after the club's foreclosure. Comedian Tom Cotter expressed sadness over the loss, stating it left a sour taste among members. The auction featured 140 lots, showcasing the club's rich history in comedy.
Read at www.nytimes.com
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