News and updates from around the arts and auction community:
- China has announced a plan to phase out all ivory trade and processing by the end of 2017. While African governments have been increasingly cracking down on poachers and traffickers, on-the-ground actions alone are not enough. China’s decision is a crucial step to help stop the crisis. [Read more from the African Wildlife Foundation]
- Baby boomers are still a force in the classic car market, but guess who’s muscling in and building important collections? The answer, according to Barrett-Jackson auction house, is millennials. [Read more from The Arizona Republic]
- A uniform worn by Babe Ruth in 1938 to promote the 1939-40 New York World’s Fair knocked it out of the park in the wee hours of Sunday morning. It topped prices realized at SCP’s Winter Premier online auction, selling for $227,854. [Read more from Sports Collectors Daily]
- The drum kit used in the Beatles’ recording of Love Me Do is headed to auction. While it was a session musician, not Ringo Starr, who played on the track, the kit is still very much a part of Beatles history, since Love Me Do was the band’s first #1 single in America. [Read more from NME]
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