NAMES IN THE NEWS : More Hunt Assets to Be Sold
Personal possessions of former billionaire Nelson Bunker Hunt--from art to a popcorn popper--will be auctioned off Saturday.
Hunt and brother William Herbert Hunt, who sought bankruptcy protection when their silver fortune collapsed a decade ago, were ordered to sell possessions to pay their creditors. The Internal Revenue Service is owed the most.
“The public will really have a rare inside look into the lives of one of America’s most interesting families,” said trustee Carter Pate. He called the auction “distasteful for all parties involved.”
Pate expects to take in $200,000 from the sale at Bunker Hunt’s Circle T Ranch, one of his favorite retreats.
The premier piece of the auction may prove to be Hunt’s gigantic rocking chair, with a cowhide seat and his name burned into the back.
Antiques dealers said they are excited by the collection of porcelain birds by Edward Marshall Boehm.
Items with the Circle T emblem, including drapes and linens, and more mundane furnishings, like tissue dispensers and the Hunts’ hot-air electric popcorn popper, will be for sale.
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