The Rich Penn Auction Event at Riverside Casino was billed a big success. Rich Penn said, “Our buyers loved the new venue. We had a big crowd both in-house and on-line and prices were strong.”
Holding an auction at the Riverside Casino Event center was a first for the Rich Penn Auction company. The beautiful 12,000 sq. ft. facility adjacent to the casino
offered bidders every amenity. With over three hundred in house and absentee bidders along with nearly 600 internet bidders from across the nation and over a half
dozen European countries, everyone enjoyed the auction.
One bidder from IL commented, “Everything we need is right here and we’re staying over a day to play golf.” Another from Oregon said, “We just loved the food.” Penn said they are looking at future dates for more auctions at the casino.
The Auction Event featured all the latest auction technology, with on-line bidding through both ProxiBid and iCollector and streaming video on both ProxiBid and the
Rich Penn web site. In-house bidders were shown every lot projected on a 12 foot screen as it was also brought across the auction block by a team that kept the auction
moving at a fast pace. Absentee and telephone bidders were active on nearly a third of the lots. Things moved quickly as the auctioneers were selling a lot about every
Auctioneer Steve White from Atlanta Georgia’s Four Seasons Auction came in to call the auction with support from auctioneers Chad Shepard (Waterloo, IA) and Gentry Yoder (Kalona, IA). All three auctioneers kept the bidding crowd active, from start to finish of both sessions.
The Rock & Ride auction featured four collections that included Juke boxes, soda fountain items, coin-operated and slot machines, cars and petroliana, toys and a large
collection of Teddy Roosevelt campaign items. The Saturday session started at 9:00 AM. At lot #40, bidding signaled that prices would be strong. The miniature Red
Wing stoneware jug advertising The Fuller Music Store – Iowa Falls, Iowa, tipped up a bid of $800. All bid amounts reflect hammer price and don’t include the buyer premium.
Another miniature stoneware jug from Denver, CO (#45) settled in at $700 as did a rolling pin from Overturf ’s Grocery in Marshalltown, IA. Toy collectors had a great variety to get excited about, from cast iron motorcycles and cap guns, to German wind-ups. There were many rare examples. The first great lot to go off with a bang was an Ives “The Chinese Must Go” 1879 cast iron cap gun. The derogatory character cap gun (#158) shows a Chinaman being kicked in the pants by a trigger release boot from a Derby hatted man. It popped off to a winning bidder at $1,500. There were a number of other cap gun lots, all of which brought solid prices. Among the toys were both cast iron and wind-up.
Several German wind-up toys brought very strong prices. A Lehmann Paddy and the Pig (#212) oinked out an $800 bid. Another Lehmann. the Duo (#213), pulled by a
Rooster squawked out a bid of $725. Lehmanns continued strong with a “Kadi” being carried by two Chinaman (#216), walking away at $1,000. A very good condition
“Felix” the cat on a tricycle (#221), by Nifty, scampered off at $700. Cast iron toys showed their strength as well.
Two Bell Ringers rang up very good bids. The Monkey and Coconut (#247) brought $700 while a Wild Mule Jack (#245) brought $800. For the motorcycle crowd, there was an excellent 9″ long cast iron Harley Davidson (#375) with side car, riders and a near perfect decal. It roared away to a happy bidder pulling a bid of $2,000. The best cast iron piece and the top lot of the auction, was the J & E Stevens Girl Skipping Rope (#383) mechanical bank. The rare and desirable bank encouraged competition from a full bank of phone bidders, several absentee, internet and house bidders. She happily skipped her way up to a final bid of $20,000.