Incredible Things Sold for $1

Dollar Tree, eat your heart out
By Kevin Spak,  Newser Staff
Posted Aug 4, 2010 3:30 PM CDT
Incredible Things Sold for $1
On the newsstand, TV Guide costs $2.99, but the entire company was sold for just a buck back in October 2008, to private equity firm OpenGate Capital.   (AP Photo/Mark Lennihan, file)

With the stunning sale of Newsweek for a single American dollar this weekend, The Week decided to look into what other amazing things a dollar could buy. Their list:

  • TV Guide: Sold to a private equity company in October 2008 for $1. For just $1.99 more, you could actually buy an issue of the magazine in the grocery aisle.
  • The Robert Ware House: One of four 17th-century Massachusetts farmhouse manors put on the market for $1 last June. But there was a catch: The buyer had to move the house to a new lot.

  • Doctor Hospital: The land this giant Ohio hospital sits on is worth $6.8 million, but with upkeep costs of $1 million a year, it could only fetch a buckeroo when sold this June.
  • Penfield Reef Lighthouse: There's just one problem with this ancient lighthouse, sold by the government in 2008: It's haunted, reputedly prowled by the ghost of a keeper who drowned in 1916. Oh, and it needs massive repairs. So two problems.
  • The Terminator Franchise: James Cameron sold the rights for a buck in 1984, in exchange for the chance to direct the movies. He sort of regrets it. "If I had a little time machine," he said recently, "and I could only send back something the length of a tweet, it'd be 'don't sell'"
(Read more bargain stories.)

We use cookies. By Clicking "OK" or any content on this site, you agree to allow cookies to be placed. Read more in our privacy policy.
Get the news faster.
Tap to install our app.
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.