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1941 Fruitcake In Ohio Sells For $525 (VIDEO)

Associated Press   12/23/11 11:40 PM ET  AP

CINCINNATI -- A 1941 fruitcake has sold for $525 to an Arizona man in an Ohio company's online auction, and the money will go to the homeless in southwest Ohio.

Elite Estate Group sold the cake in an auction on its website. Company owner Larry Chaney says the man, who wanted to remain anonymous, probably bought the cake as an investment. Chaney says he doubts anyone would eat a 70-year-old fruitcake even though it was vacuum packed and contained rum that probably helped preserve it.

The cake was made in 1941 by The Kroger Co. It was returned unopened to a Kroger store in 1971. The manager took it home and kept it until recently when his son was helping him get rid of some things and gave the cake to Chaney.

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Filed by David Moye  |