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WSJ to auction off 'hedcut' portraits
Dot-sketch portraits will go up for bid on eBay; proceeds will go to scholarship fund.
April 1, 2002: 1:50 PM EST

NEW YORK (CNN/Money) - Michael Jordan, Tiger Woods, Joe DiMaggio. Those are a few of the faces that will be floating around on eBay beginning this week.

The Wall Street Journal is offering for auction hundreds of original dot-sketch portraits from its archives. Profits from the auctions, which will begin Monday afternoon, will go to the Dow Jones Newspaper Fund, which funds minority journalism scholarships.

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The distinctive "hedcuts," drawn by a small in-house art staff, have characterized the Journal for more than 20 years. The Journal now publishes about 10 hedcuts a day -- some "live," some from an electronic archive of more than 9,000 portraits.

Dow Jones & Co., publisher of the Journal, said the auction is one way it plans to ring in what it called the paper's "most comprehensive changes in 60 years."

On April 9, the Journal is introducing a range of new and redesigned features, including a new Personal Journal section focused on the "business of life" and color on a redesigned front page.

However, the company stressed that the hedcuts will remain.

The Journal first started running hedcuts in 1979, as part of a revamp of its look.

The portraits have included a wide range of celebrities, politicians and business figures over the years, and the dot-sketch style has become something of a trademark for the paper.

Starting this week with Sports, the Journal will offer hedcuts from a different category each week.

Hedcuts available this week include those of Larry Bird, Joe DiMaggio, Michael Jordan, Arnold Palmer, Richard Petty, Deion Sanders and Tiger Woods, among others.

In all, the paper will auction off more than 575 original dot-sketch portraits from its archives. Each hedcut will come with a letter of authenticity.

Additionally, the paper has donated 47 original dot sketches of prominent business figures to The National Portrait Gallery and will be exhibited online beginning later this month.  Top of page


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Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2012 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2012 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2012. All rights reserved. Most stock quote data provided by BATS.