A ring once owned by author Jane Austen will be auctioned by Sotheby’s later this month. Austen, the author of the much-loved novels “Pride and Prejudice,” “Sense and Sensibility” and “Emma,” never married or had children, but the ring has remained in the possession of her family since her death in 1817. Scholars had been unaware of its existence, and it is expected to sell at auction for $31,000 to $46,000.
The ring is made of gold with a cabachon blue stone of natural turquoise. It is, as Sotheby’s auction house notes, in a simple style Austen wrote of sympathetically in her work. In “Mansfield Park,” Fanny Price is given a gold chain by her cousin Edmund, who tells her, “I consulted the simplicity of your taste.”
The ring will be offered at Sotheby’s English Literature, History, Children’s Books and Illustrations auction on July 10.
Variety, Hollywood’s oldest entertainment industry trade publication (107-years-old), has been put up for sale.
The move comes as Variety has lost its standing as Hollywood’s dominant trade newspaper amid heated competition from online-only publications Deadline and the Wrap, as well as its traditional competitor, the Hollywood Reporter. Long seen as Variety’s also-ran competitor, the Reporter relaunched in late 2010 under new owners as a glossy weekly magazine that covers breaking daily news on its website.
Daily Variety is the only remaining daily print publication exclusively covering show business and still the best known around the world.
“Variety is not just a brand, it’s a trophy brand, and you might find someone overpaying for that reason,”
…a sales price would probably be around $50 million.
Read the full article to learn how the Variety paywall failed.
// Photo via 416 Style