Sydney Festival given record $5 million individual donation by philanthropist Peter Freedman
WedWednesday 13
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WedWednesday 13
JanJanuary 2021 at 6:57pm
Mr Freedman said he would like to see philanthropy for the arts become a bigger part of the culture in Australia.
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He once spent $9 million buying the guitar of late grunge superstar Kurt Cobain, with plans to use it to raise money for the music industry.
Key points:
Philanthropist Peter Freedman s donation to the Sydney Festival is the largest single donation to the organisation from an individual
Sydney Festival will spend the donation on new major works and help support Australian artists
SYDNEY: The baggy green worn on Test debut in 1928 by Australia’s greatest batsman Donald Bradman has sold for Aus$450,000 (US$340,000), a record for one of the cricket legend’s caps.
Bradman, who retired with an all-time highest Test batting average of 99.94, wore the cap during the first match of his Test career against England.
Pickles auction house said on Tuesday the baggy green had been bought by the businessman Peter Freedman, whom is the Australian founder of RODE Microphones, after initially failing to sell under the hammer.
“After negotiations the final bid and highest offer was the $450,000,” Pickles executive manager Gavin Dempsey said. “It’s still, for a Bradman cap, on record the highest price paid on the open market.”
In a revealing interview Freedman shares his motivation for buying Don Bradman's cap, as well as the story of how he modified a cheap microphone and went on to build a multi-national company.
Don Bradman s debut baggy green sold for AUD 450,000
Web Desk
Don Bradman s debut baggy green sold for AUD 450,000
Australian cricket legend Don Bradman’s ‘baggy green’ cap from his test debut against England in November 1928 has been sold for AUD 450,000,
Pickles, an auction company, confirmed the news on Tuesday that the famous cap has been sold to an Australian businessman, Peter Freedman, after it failed to sell at auction last week.
It was put up for sale online two weeks ago and was expected to fetch more than $1 million; however, the ‘baggy green’ could only attract a top bid of AUD 391,500.
Sir Donald Bradman s first baggy green cap bought by businessman after failing to sell at auction
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TueTuesday 22
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TueTuesday 22
DecDecember 2020 at 4:24am
Sir Donald Bradman s first baggy green cap was put up for auction earlier this month.
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Key points:
It was purchased by Australian businessman Peter Freedman
He has said he intends to tour it around the country
The 1928 cap was put up for sale online just under a fortnight ago and, despite predictions it could fetch more than $1 million, only attracted a top bid of $391,500.
But auction house Pickles today confirmed it had sold for a record-breaking figure, and had been purchased by businessman Peter Freedman, founder and chairman of Sydney electronics company Rode.