Due to limited space, pre-registration is strongly recommended

For Release:  July 10, 2006

For questions:  Contact Stephen Snelson, 432-661-4489

Press Release

 

Beneficiary of Estate of DOW JONES HEIRESS taps QuikDrop to sell assets on eBay.

  eBay Live and In-House Auction, Lubbock Texas

 

$3 million plus in assets of Ron Morgan, a Beneficiary of Jacqueline Everts Bancroft Spencer Morgan Estate, DOW JONES HEIRESS

 

Warhol, Cezanne, Peter Hurd, Matisse, Picasso; European and Asian Antiques and Buddhist Temple artifacts including rare 10.5 foot Buddha statue and Temple Bell. Fine Furnishings and Accessories by K reiss, Swaim , Design Directions, J. Robert Scott, Lalique, Appraised and authenticated Estate Jewelry, Watches and accessories by Henry Dunay, Yurman, Cartier, Gucci, Philip Stein, Corum, H. Stern.

 

Preview and register online starting July 11, 2006 at www.estateoflive.com, or view items in person July 19^th thru July 22, 2801 26^th Street, ( SW Corner, Canton and 26^th)  Lubbock, Texas.  Auction begins 12 noon, Sunday July 23.  Limited space available.  For questions or inquiries, please contact Steve Snelson, QuikDrop of Midland, 432-661-4489. Or email inquiries to estateoflive@sbcglobal.net.

 

As part of the rapidly growing QuikDrop International with aggressive expansion plans for the Austin, San Antonio, El Paso and Lubbock Areas, QuikDrop of Midland has been selected by Mr. Ron Morgan to broker the sale of an extensive estate collection of valuable jewelry, art, artifacts, antiques and furnishings from all over the world; assets of the much-contested Estate of Jacqueline (Jackie) Everts Bancroft Spencer Morgan, an heiress and philanthropist. 

 

Jackie Spencer-Morgan’s first husband was Dow Jones heir Hugh Bancroft Jr.  Mrs. Spencer-Morgan’s fortune came from Bancroft, the grandson of Wall Street Journal founder and co-owner Charles Barron.  Mrs. Spencer-Morgan used her money for various philanthropic causes, including the building of the $22 million Spencer Theater in Alto, New Mexico .  Ron Morgan was involved in designing the interior décor of the Spencer Theater . 

 

Following a decade of friendship, Jackie Spencer married Ron Morgan in 2000.  She was 75 years old.  Mrs. Spencer-Morgan died in May 2003. Soon after, Ron Morgan found himself embroiled in a lawsuit with the trustees of his deceased wife’s $50 million plus  estate and her children by her first marriage, Former Forbes 400 heirs fight for "Mom's Money"  (http://www.forbes.com/free_forbes/2005/1010/044.html ) and national media attention, including Forbes Magazine,  Spencer Says ”It's My Money"  Forbes 2004  ( http://www.forbes.com/forbes/2004/1011/050_print.html )

 

The Morgans accumulated an impressive collection of Jewelry, Art, Artifacts, Antiques and Furnishings during their extensive world travels to far-flung places throughout Europe, Asia and the Americas . Many of the artifacts and furniture, such as a 10.5 foot Buddha sculpture from Thailand, were acquired to appoint  a home they were building, “The Cedars”, a 26,000 square-foot home near the Spencer Theater for the Performing Arts in  Alto, NM, and numerous other properties owned by the Morgans.

The Sale will offer many 16^th & 17^th century artifacts from a Buddhist Temple acquired in Phuket, Thailand, acquired prior to the devastation of the 2004 Tsunami; a collection of Lalique of France; an art collection including Matisse, Cezanne, Warhol, Peter Hurd and an important original Picasso; Appraised and Authenticated Estate Jewelry including Henry Dunay, Yurman, Cartier, Gucci, Philip Stein, Corum, H. Stern; European, Asian and African Antiquities and fine furnishings from K reiss Galleries, Swaim and many custom designed offerings.

 

The auction, which will include a simultaneous eBay Live auction. Preview and register online starting July 12, 2006 at www.estateoflive.com, or view items in person July 19^th thru July 22, in Lubbock, Texas.  Auction begins 12 noon, Sunday July 23 at 2801 26^th  Street (Corner of 26^th and Canton , 7 blocks south of Texas Tech University Campus) in Lubbock Texas .  Limited space is available.  For questions or inquiries, please contact Steve Snelson, QuikDrop of Midland, (432) 661-4489. Or email inquiries to estateoflive@sbcglobal.net.

 

PRE-REGISTRATION AND BIDDER APPROVAL REQUIRED

 

Auctioneer:  QuikDrop of Midland in conjunction with Scott Emerson , Spring City Auctions, TAL#15051.