Richard Poncher can continue to rest in peace, at least for a little while — his widow Elsie’s recent attempt to sell the crypt where he’s been residing for the last 23 years suffered an untimely demise. Located precisely above the eternal filing cabinet in which the bones of Marilyn Monroe slumber, in a tiny cemetery in downtown Los Angeles, Mr. Poncher’s crypt attracted worldwide publicity and a high bid of $4.6 million when his wife put it up for sale on eBay several weeks ago. The bidder reneged after the auction ended, however, and the search for a buyer continues.

Had the bidder acted in good faith, the crypt would have gone for roughly $328,000 per square foot, making it the most expensive real estate in the history of the world. A legitimate buyer is unlikely to… More…