Worldwide simulcast to originate in Orion

Staff Writer
Geneseo Republic

?For people around the world, the name Orion signifies stars glittering in the sky.On Saturday, Aug. 8, thousands from around the world will associate Orion with gems glittering on display.

Walnut Creek Auction of Orion will be selling 98 lots of gold, diamond and precious jewelry with a total value of $250,000.

Bidders will see the auction via simulcast from Orion.

“We have a high degree of local interest in this auction,” said David Aeschliman, CEO of Walnut Creek. “But we’re expanding our audience to include thousands of prospective bidders from across the country who will be listening in on their home computers and bidding.”

The auction service uses its international simulcast capabilities for high-end merchandise. 

Three simulcasts are scheduled over the next six weeks. Besides the jewelry auction, the simulcasts feature an art gallery in Muscatine, and a set of 25 vacations, including the 2010 Masters tournament in Augusta, Ga.

“We’ll still have our consignment, estate and specialty antique auctions, but we’re moving more and more into business liquidations via our national simulcasts,” Aeschliman said.

According to the auctioneer, hundreds of people ask him where Orion is. 

“I tell them Chicago decided to move three hours east of us,” he said.

On Aug. 8, the jewelry auction will begin at 10 a.m. at Walnut Creek headquarters two miles north of Orion. The public is invited to attend.

For a detailed list of items for sale, log on to www.walnutcreekauction. com.