HEFNER, HUGH. 1926-2017. 3 Documents Signed ("Hugh M. Hefner"), partially printed and accomplished in manuscript, 3 pp recto and verso, legal folio, Chicago, December 18, 1952, April 24, 1953, and June 5, 1953, being applications for bank loans,
Lot 243
HEFNER, HUGH. 1926-2017.
3 Documents Signed ("Hugh M. Hefner"), partially printed and accomplished in manuscript, 3 pp recto and verso, legal folio, Chicago, December 18, 1952, April 24, 1953, and June 5, 1953, being applications for bank loans,
Sold for US$ 2,500 inc. premium

Lot Details
HEFNER, HUGH. 1926-2017.
3 Documents Signed ("Hugh M. Hefner"), partially printed and accomplished in manuscript, 3 pp recto and verso, legal folio, Chicago, December 18, 1952, April 24, 1953, and June 5, 1953, being applications for bank loans, fold creases, browning.

After being denied a $5 raise at Esquire, Hefner left his job, taking a position as Circulation Manager at the Child Training Association while raising money to start his own publication. Here he applies for two loans of $50 each and one for $500, using his furniture as collateral. The form on the verso of the last and largest loan application has a recommendation from an investigator to approve the loan: "Should be O.K. for $500/00." On another, there is a note reading: "Fine type young man. Believe safe loan." Having borrowed this $600, he then raised an additional $8,000 from family and investors to launch Playboy magazine in December 1953. Playboy would take a decidedly masculine part in the sexual revolution, combining "cheesecake" nude photography with world-class fiction and interviews of leading cultural and political figures.
Activities
Auction information

This auction is now finished. If you are interested in consigning in future auctions, please contact the specialist department. If you have queries about lots purchased in this auction, please contact customer services.

Buyers' Obligations

ALL BIDDERS MUST AGREE THAT THEY HAVE READ AND UNDERSTOOD BONHAMS' CONDITIONS OF SALE AND AGREE TO BE BOUND BY THEM, AND AGREE TO PAY THE BUYER'S PREMIUM AND ANY OTHER CHARGES MENTIONED IN THE NOTICE TO BIDDERS. THIS AFFECTS THE BIDDERS LEGAL RIGHTS.

If you have any complaints or questions about the Conditions of Sale, please contact your nearest customer services team.

Buyers' Premium and Charges

For all Sales categories excluding Arms & Armour, Coins & Medals, Motor Cars, Motorcycles, and Wine & Whisky:

Buyer's Premium Rates
25% on the first $250,000 of the Hammer Price
20% from $250,001 to $4,000,000 of the Hammer Price
12.5% on the excess over $4,000,001 of the Hammer Price

Payment Notices

Payment for purchases may be made in or by (a) cash, (b) cashier's check or money order, (c) personal check with approved credit drawn on a U.S. bank, (d) wire transfer or other immediate bank transfer, or (e) Visa, MasterCard, American Express or Discover credit, charge or debit card. Please note that the amount of cash notes and cash equivalents that can be accepted from a given purchaser may be limited.

Shipping Notices

For information and estimates on domestic and international shipping as well as export licences please contact Bonhams Shipping Department.

Contacts
  1. Ian Ehling
    Specialist - Books, Maps, Manuscripts and Historical Photographs
    Bonhams
    Work
    580 Madison Avenue
    New York, United States 10022
    Work +1 212 644 9094
Similar Items