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Wurlitzer Model 71 automatic phonograph jukebox. Government Auction image.

Porsche Panamera, Rolex, jewels top Govt. Auction luxury list, June 24

Wurlitzer Model 71 automatic phonograph jukebox. Government Auction image.

Wurlitzer Model 71 automatic phonograph jukebox. Government Auction image.

TEHACHAPI, Calif. – In the world of sports cars, Porsche is a brand that has come to symbolize speed, quality and design excellence. On Sunday, June 24, Government Auction will make available for immediate liquidation a treasure trove of luxury items led by a sleek 2012 Porsche Panamera.

Fully loaded and in absolutely mint condition, the pre-owned Porsche has only 225 miles on its odometer. In addition to the sexy 3.6 liter V6, 300 hp engine, some of its extras include a Bose Surround Sound audio package, heated seats, heated steering wheel, anthracite birchwood interior package, blind spot detector, park assistant, front/rear camera and Porsche keyless entry and drive system.

A magnificent example of German engineering and design, the Panamera is estimated at $90,000-$120,000, but like most other items in the auction, it has an opening bid requirement of only $2. All lots in the sale are available for Internet live bidding through LiveAuctioneers.com. (Note: winning bidder of Porsche must arrange for pickup).

The Porsche is in dignified company with an auction selection that also includes a luxe array of fine jewelry, gold coins, art and investment-grade collectibles. Bidders can take their pick of beautifully crafted Rolex and Cartier timepieces. A handsome 1973 Rolex Oyster Perpetual Datejust stainless steel men’s watch, model #6694, Serial #3859072, features classic styling and a large face. It carries a presale estimate of $3,150-$6,300.

The perfect “go anywhere” women’s watch is the 1999 Cartier Santos stainless steel and gold watch, style #W90058C4. A link-bracelet style with secure Cartier-style clasp, the watch has a replacement value of $7,000. Government Auction is offering it with a presale estimate of $3,500-$7,000 and an opening bid of only $2.

Effortlessly elegant, a 14K white gold pendant on chain features a 3.64-carat round-cut tanzanite surrounded by 114 sparkling diamonds with a total weight of 1.40 carats. The eye-catching tanzanite center stone is purple in color and professionally evaluated as being “near flawless.” The necklace has a retail replacement value of $24,500, and its auction estimate range is $12,280-$24,559.

Putting one’s money into antique coins has become a popular hedge against inflation. A very desirable coin offered in the June 24 auction is an 1881 $5 U.S Liberty Head gold coin. Collectors call this coin the “Half Eagle”, in reference to the fact that its gold content is half that of the $10 Double Eagle. The coin was first introduced in 1839 and was minted until 1907. It contains 24.18% of an ounce of gold and is the only coin to have been minted at seven US mints.

“The Half Eagle is a must-have in any coin collector’s arsenal because of the rarity of this mintage in this condition,” said Government Auction’s chief auctioneer, Paul Sabesky.

High on the list of sought-after antiques and vintage collectibles is an antique Wurlitzer Model 71 phonograph jukebox features Art Deco styling and has a decorative mounted speaker emblazoned with the words “Strike up the Band.” An extremely rare survivor, the jukebox could make $20,000-$40,000 on auction day.

Other novelties to be auctioned include a 1952 Mills 5-cent high-top slot machine with bald eagle motif and three-reel, one-armed-bandit design, est. $4,050-$8,100; and a cast-iron candy store cash register. The register has been fully restored and features an ornate marquee embossed with the words “Amount Purchased.” It is expected to fetch $2,850-$5,700.

Government Auction’s Sunday June 24, 2012 sale of fine jewelry, gold coins, art and investment grade collectibles, highlighted by a 2012 Porsche Panamera, will commence at 7:30 a.m. Pacific Time/10:30 a.m. Eastern Time. Absentee, phone and Internet live bidding through LiveAuctioneers.com will be available. For additional information on any lot in the sale, call Debbie on 661-823-1543 or e-mail info@governmentauction.com.

View the fully illustrated catalog and sign up to bid absentee or live via the Internet at www.LiveAuctioneers.com.

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View the fully illustrated catalog and register to bid absentee or live via the Internet as the sale is taking place by logging on to www.LiveAuctioneers.com.


ADDITIONAL LOTS OF NOTE


Wurlitzer Model 71 automatic phonograph jukebox. Government Auction image.

Wurlitzer Model 71 automatic phonograph jukebox. Government Auction image.

2012 Porsche Panamera, fully loaded. Government Auction image.

2012 Porsche Panamera, fully loaded. Government Auction image.

1898 $10 US Liberty Head Double Eagle gold coin. Government Auction image.

1898 $10 US Liberty Head Double Eagle gold coin. Government Auction image.

White gold 3-carat tanzanite and diamond necklace. Government Auction image.

White gold 3-carat tanzanite and diamond necklace. Government Auction image.

Rolex men’s stainless steel watch. Government Auction image.

Rolex men’s stainless steel watch. Government Auction image.

Cast-iron candy store cash register, restored. Government Auction image.

Cast-iron candy store cash register, restored. Government Auction image.

Cartier women’s stainless steel and gold watch. Government Auction image.

Cartier women’s stainless steel and gold watch. Government Auction image.

Circa-1952 Mills 5-cent high-top slot machine. Government Auction image.

Circa-1952 Mills 5-cent high-top slot machine. Government Auction image.

14K white gold 1-carat tanzanite and diamond ring. Government Auction image.

14K white gold 1-carat tanzanite and diamond ring. Government Auction image.

1881 US $5 Liberty Head gold coin. Government Auction image.

1881 US $5 Liberty Head gold coin. Government Auction image.