auction

'Wilson' volleyball head from Cast Away film sold for $308,000

The film depicts Tom Hanks as a lone survivor stuck on a deserted island. The ball, which his character names Wilson, is depicted as his only friend.

The ball was originally made to look dirty, and spent a lot of time in the water during filming, according to Prop Store, the auction house that sold it.

Hanks was given an Oscar nomination for best actor in the Robert Zemeckis film.

The movie star lost out to Russell Crowe for his role in the film Gladiator.

During the film, Hanks talks to Wilson as a way to keep his sanity while struggling to survive.

Michael Jordan's trainers sell for record $2.05m at auction

Jordan used the pair of red and white Nike Air Ships during his first season with the Chicago Bulls in 1984.

That was the year he and Nike began their collaboration to create his signature brand of clothes and shoes.

The price is the highest ever paid for game-worn footwear from any sport.

Jordan is seen by many as the best player in the history of basketball.

The shooting guard, who spent most of his career with the Chicago Bulls, became a global icon and helped raise the NBA's profile around the world.

Rarest white diamond ever set for auction record

Weighing just over 102 carats, the round, brilliant white stone is smaller than a 163-carat oval diamond sold in Hong Kong in 2013, which currently holds the record price per carat.

But Sotheby's, which also handled that Hong Kong sale, expects the smaller stone's rarity and high quality will see it attract an even higher price.

Over K500,000 raised from Trukai auctions

The auction on Wednesday night at the Lae Royal Yacht Club saw 21,405 T-shirts sold, amounting to K214,050.

A further K3,500 was raised from the sale of a framed official North Queensland Cowboys NRL jersey.

The top five bidders for the night:

  1. Ramu Agri Industries
  2. Traisa
  3. Trukai Industries Ltd
  4.  Seeto Kui
  5. Papindo

The Port Moresby auction at the Royal Papua Yacht Club beat the one in Lae, raising K312,000 from the sale of 31,200 T-shirts at the Royal Papua Yacht Club last night.