Hepburn auction is windfall of the year


“A 3-inch bronze bust of Spencer Tracy, sculpted by the Academy Award-winning actress, garnered the highest price among the more than 2,000 Hepburn possessions auctioned off last week. After a heated bidding war, the bust sold for $316,000, amid audience cheers, to an anonymous buyer on the telephone; auctioneer Sotheby’s had estimated it would go for $3,000 to $5,000. A platinum, diamond and sapphire brooch, a gift to Hepburn from Howard Hughes, sold to a Pacific Northwest collector for $120,000, the second-highest item (estimate: $15,000 to $20,000)…”