The Commercial-News, Danville, IL

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.

Text Only
Community News Network
E-edition
AP Video
Conn. Commuter Trains Collide; 60 Go to Hospital Coffee Run Leads to Hatchet Hitchhiker Arrest Fmr. IRS Head Insists No Politics in Targeting CDC: Fecal Bacteria Common in Swimming Pools $1 Million in Jewels Stolen at Cannes Film Fest NM Mom Chases Down Child Abductor Raw: Crash Sends Car Into Fla. Pool Raw: Obama Sits Down With Elementary Kids Raw: Bear Falls From Tampa Tree Ousted IRS Chief: Errors Not Caused by Politics Terror Suspect Due in Court in Idaho Friday Raw: Driver Ejected From Truck, Over Bridge Could Tobacco Be the Next Biofuel? Wash. State Releases Draft Rules for Legal Pot Dying Man's Blinks Lead to Murder Conviction Officials: Texas Tornado Likely Had 200 Mph Wind Brothers Arrested in NOLA Parade Shooting Raw: School Bus Crash Injures Five Children Quick Response Saved Baby on Phila. Train Tracks One Million Evacuated As Cyclone Hits Bangladesh
NDN Video
Coffee Stop Leads To Arrest Of YouTube Sensation Wanted For Murder Bearded Dragon Reunited With Owner Marine Reunited with Warzone Companion Raw: Crash Sends Car Into Fla. Pool Beyonce Is Pregnant! SF baseball player overpaid $500,000 RETURNS money -- and team says KEEP IT $1 Million in Jewels Stolen at Cannes Film Fest Dad returns from Afghanistan, surprises family during Rays' first pitch See Jennifer Lopez's New $10m Hamptons Mansion Woman tricked into taking abortion pill Emma Watson Goes Pantless IRS scandal: Republicans seek to tie Obama to agency's woes Play of the Day: Flipping to Safety Pregnant Kim Kardashian Squeezes Her Swollen Feet Into Stilettos Top Videos of the Week: Angry Taco Bell Guy, Glacier Moves on House, Dog Hates Baths Cindy Crawford Stuns At Cannes Raw: Marines Come to Obama's Aid in the Rain CUTE: Monkey shares lollipop with dog, then HITS pooch on head with it Miranda Kerr Looks Sexy in a Bikini Photo Shoot Hatchet-wielding viral video star, once a hero, now a murder suspect
Must Read