Dark Knight
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DALLAS Poking through antiques stores while traveling through the Texas Panhandle, Bill Waters stumbled across a tattered old ledger book filled with formulas.
He bought it for $200, suspecting he he could resell it for five times that. Turns out, his inkling about the book's value was more spot on than he knew. The Tulsa, Okla., man eventually discovered the book came from the Waco, Texas, drugstore where Dr Pepper was invented and includes a recipe titled "D Peppers Pepsin Bitters."
"I began feeling like I had a national treasure," said Waters, 59.
When the 8 1/2-by-15 1/2 inch book of more than 360 pages goes up for auction at Dallas-based Heritage Auction Galleries on May 13, it's expected to sell between $50,000 to $75,000.
"It probably has specks of the original concoction on its pages," he said.
Waters discovered the book, its yellowed pages stained brown on the edges, underneath a wooden medicine bottle crate in a Shamrock antiques store last summer. A couple months after buying it, he took a closer look as he prepared to sell it on eBay.
Much more at link:
http://news.yahoo.com/s/ap/20090504/ap_on_bi_ge/us_dr_pepper_auction
He bought it for $200, suspecting he he could resell it for five times that. Turns out, his inkling about the book's value was more spot on than he knew. The Tulsa, Okla., man eventually discovered the book came from the Waco, Texas, drugstore where Dr Pepper was invented and includes a recipe titled "D Peppers Pepsin Bitters."
"I began feeling like I had a national treasure," said Waters, 59.
When the 8 1/2-by-15 1/2 inch book of more than 360 pages goes up for auction at Dallas-based Heritage Auction Galleries on May 13, it's expected to sell between $50,000 to $75,000.
"It probably has specks of the original concoction on its pages," he said.
Waters discovered the book, its yellowed pages stained brown on the edges, underneath a wooden medicine bottle crate in a Shamrock antiques store last summer. A couple months after buying it, he took a closer look as he prepared to sell it on eBay.
Much more at link:
http://news.yahoo.com/s/ap/20090504/ap_on_bi_ge/us_dr_pepper_auction