http://www.billboard.com/artic...-trains-guitars-cars
Wow, even Neil is getting out of the hobby.
Original Post
Replies sorted oldest to newest
That should be one interesting auction!!! Can't wait.
I thought he was only auctioning a small part of his collection, not all of it, is this correct?
From my understanding the 250 items would only be the tip of the iceberg. This comes from talking with a few sources. Also it is my guess that the layout is to remain intact, but this some of the more interesting stuff. The 28% buyers premium (25% plus the 3% online fee) is going to hurt a bit, but I am also very interested to see the rest of the docket.
Funny thing about this whole auction is the trains are going to be the cheap part of this sale. I'm thankful I don't have the same desire for guitars and cars.
Neil Young must be pushing 75 years of age . At this stage he probably wants to simplify his life or perhaps he needs extra funds for high living expenses. Nothing lasts forever and one day the trains of every forum member will be sold..
Maybe he just wants to make room for new toys. No sense in hanging on to what you don't want too badly if others would enjoy them more than you either.
Dennis LaGrua posted:Neil Young must be pushing 75 years of age . At this stage he probably wants to simplify his life or perhaps he needs extra funds for high living expenses. Nothing lasts forever and one day the trains of every forum member will be sold..
72
This was already covered. Then again, we often see multiple threads on the very same topic.... sometimes they are all on the first page.
https://ogrforum.ogaugerr.com/topic/neil-young
I figured because there was already a recent NY thread, why start another??? Then again, there were 3 simultaneous vision line threads recently, 2 of which were closed. Currently there are another 3 different threads all about the same identical topic: The Lionel parts sale.
And I also find it amazing how many topics on this Hi-Rail, Traditional and 0/027 forum begin with the word "scale." I often wonder why there is even a 3-Rail Scale forum. It's so dead on there, you can hear the crickets chirping.
Part of the Richard Kughn collection is also up on eBay this weekend.
Chris Lord posted:
He must be following the advice of his business partner
Online Only Auction in Livonia, MI starts on 10/20/2017
Notch 6 posted:From my understanding the 250 items would only be the tip of the iceberg. This comes from talking with a few sources.
How did you let this get away Derek???
BMT-Express posted:How did you let this get away Derek???
Truthfully, we were caught off guard by all of this happening. If we would have thought there was a conversation to have with their camp we would have absolutely had it.
That being said, getting Stout Auctions to compete with a high power auction house like Juliens is a tall order. Yes, we are the leader when it comes to toy trains. When it comes to the cars and guitars though we would not have the fire power to make it happen. My guess is that this was all packaged together and the trains just got wrapped into the deal. If the rest of the trains ever went up for sale, we would love to have the opportunity to serve the family.
I also suspect that this deal isn't being completely steered by Neil. That's based on a few other conversations. Remember his ex-wife Pegi ended up with quite a bit of property. The fact that a portion of the proceeds are going to The Bridge School which she has championed for a number of years tells me she has a big hand in the decision as well.
I think Juliens was the near by choice with the track record of selling high profile Hollywood memorabilia. We'll see what details they get right on the trains, but for sure there are going to be examples that I think will have details missed.
Either way, I'm excited to participate in the Young auction and we have PLENTY of cool stuff coming at Stout's to keep us busy into next year. We've also had an incredible 2017. Lionel Archives, Jim Seacrest, George Klett, Bob Ford. It's been a really good year.
Not sure who your sources are, but they are not accurate. First of all Neil has been and will continue to be fully involved in the process of producing the auction. Prior to even starting the process we met with Neil to discuss his concerns about how the auction would be put together, how the lots would be staged, and how the items would be described. We met with Neil again when he previewed the auction setup from beginning to end, and asked questions on items that needed more description, and where he obtained some of the various pieces. When the descriptions were completed, Neil offered suggestions, and made changes to several of the Lion Tech related items. Neil will also approve the catalog prior to its publication and distribution. Neil is fully involved, and I can assure you that all the details were covered.
In addition to the items shown in the press release the auction will cover trains and accessories from the prewar, postwar and modern eras. Just a few of the prototypes from the archives are the 57 AEC, 2352 Pennsylvania, 2367 Wabash, 2242 New Haven, and many others. This will be a auction for the ages.
Lastly, since I set the lots, and wrote the descriptions, I think I have the correct facts.
Best regards,
Randall Giroux
Hi Randall,
Thanks for the response! I never meant to imply that Neil was not involved in the process, I've just heard that it may not have been solely his decision, as I don't think it would have been considering that Pegi does have a large say in what happens to a large amount of their property. I'm not here to judge what did or didn't motivate this sale, it really doesn't matter.
As to the details I am very glad that Neil has been along to help. He would be the guy with the history on the scarce items. I'm sure you know with other high end items that getting the details right is key and the reality is that even the best of us miss details at times. Looking forward to seeing the catalog and bidding with your group in December.
All the best,
Derek
Randall posted:Not sure who your sources are, but they are not accurate. First of all Neil has been and will continue to be fully involved in the process of producing the auction. Prior to even starting the process we met with Neil to discuss his concerns about how the auction would be put together, how the lots would be staged, and how the items would be described. We met with Neil again when he previewed the auction setup from beginning to end, and asked questions on items that needed more description, and where he obtained some of the various pieces. When the descriptions were completed, Neil offered suggestions, and made changes to several of the Lion Tech related items. Neil will also approve the catalog prior to its publication and distribution. Neil is fully involved, and I can assure you that all the details were covered.
In addition to the items shown in the press release the auction will cover trains and accessories from the prewar, postwar and modern eras. Just a few of the prototypes from the archives are the 57 AEC, 2352 Pennsylvania, 2367 Wabash, 2242 New Haven, and many others. This will be a auction for the ages.
Lastly, since I set the lots, and wrote the descriptions, I think I have the correct facts.
Best regards,
Randall Giroux
Looks like other auction houses, like Stout, could take a little direction from this.
Phoebe Snow Route posted:Randall posted:Not sure who your sources are, but they are not accurate. First of all Neil has been and will continue to be fully involved in the process of producing the auction. Prior to even starting the process we met with Neil to discuss his concerns about how the auction would be put together, how the lots would be staged, and how the items would be described. We met with Neil again when he previewed the auction setup from beginning to end, and asked questions on items that needed more description, and where he obtained some of the various pieces. When the descriptions were completed, Neil offered suggestions, and made changes to several of the Lion Tech related items. Neil will also approve the catalog prior to its publication and distribution. Neil is fully involved, and I can assure you that all the details were covered.
In addition to the items shown in the press release the auction will cover trains and accessories from the prewar, postwar and modern eras. Just a few of the prototypes from the archives are the 57 AEC, 2352 Pennsylvania, 2367 Wabash, 2242 New Haven, and many others. This will be a auction for the ages.
Lastly, since I set the lots, and wrote the descriptions, I think I have the correct facts.
Best regards,
Randall Giroux
Looks like other auction houses, like Stout, could take a little direction from this.
Agreed!!! Thanks, Randall, for setting the record straight with accurate information.
David
Phoebe Snow Route posted:Looks like other auction houses, like Stout, could take a little direction from this.
Brian,
Could you elaborate further on what direction you think we should be taking?
We are always open to constructive feedback.
Thanks,
Derek
Notch 6 posted:Phoebe Snow Route posted:Looks like other auction houses, like Stout, could take a little direction from this.
Brian,
Could you elaborate further on what direction you think we should be taking?
We are always open to constructive feedback.
Thanks,
Derek
I was just going to ask the same thing.
Dennis LaGrua posted:Neil Young must be pushing 75 years of age . At this stage he probably wants to simplify his life or perhaps he needs extra funds for high living expenses. Nothing lasts forever and one day the trains of every forum member will be sold..
Not me! I am taking them with me!
Here is the link for the Neil Young auction. Online bidding is now underway.
https://www.julienslive.com/m/...?page=1&items=96
The following link is for the online version of the auction catalog.
https://www.juliensauctions.co.../flipbook/index.html
Enjoy, there is some neat and truly rare items in this auction.
Randall
