Frank Sinatra Memorabilia Auction Yields $9.2 Million

By Paul Joseph

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.

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By Paul Joseph