Frank Sinatra Memorabilia Auction Yields $9.2 Million
Auction house Sotheby’s recently staged an auction featuring an array of memorabilia once owned by the late musical and Hollywood icon, Frank Sinatra, which yielded an incredible $9.2 million.
The auction included the entertainment memorabilia, art, jewellery, books and other personal items, with many items selling for around twice their pre-sale estimates.
The majority of the 304 items up for auction came from three different former Sinatra residences in California. Among them was Frank Sinatra’s Audemars Piguet watch, featuring a platinum case with a white dial and applied enamel baton-style markers.
Sotheby’s had given the watch a rather modest pre-sale estimate of between $800 and $1200, however, it managed to sell for $11,875 – almost ten times the upper bracket of the estimate.
The biggest attractions were the a variety of paintings owned by Sinatra and his fourth wife, Barbara. A Norman Rockwell painting of Sinatra titled “Sinatra: An American Classic” sold for $687,000.
Additionally, nine paintings which were made by the legendary crooner himself were also on sale, fetching more than $850,000.
Other notable items included in the sale were a 20-carat diamond engagement ring, a range of jewellery items and a Chrysler LeBaron “Woody” Station Wagon.
Sotheby’s announced that portions of the proceeds from the auction will benefit the Barbara Sinatra Children’s Center.