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     Document 261591

FRANK COSTELLO. Signature: "Frank Costello" in pencil, 5x2¾ card. Lightly shaded, touching signature. Pinhead-size stains at blank area beneath signature. Mounting remnants on verso, light show through. Accompanied by the November 28, 1949 cover of "Time" magazine, picturing him as "Gambler Frank Costello" and two pages of the cover story (one sheet, front and verso). Creased, worn, staple holes, mid-horizontal fold, nicked edges. Pencil notes (unknown hand) on cover with remnants of address label. Frank Costello (1891-1973) was one of the nation's top underworld figures. As Lucky Luciano's right-hand man, he took over when his boss was deported in 1946. The U.S. government turned their attention to Costello by 1951. He was sentenced to 18 months in prison for contempt of court and five years for tax evasion. In 1957, while out on bail, Costello was shot in his hotel lobby, a hit allegedly ordered by the rival Genovese crime family, led by Vito Genovese. Costello survived, but, having been sentenced to prison again for contempt of a grand jury, spent the next four years in jail. In 1961, he was released, but he lost his U.S. citizenship. By this time, although Genovese was dead, Costello had lost his influence in the crime syndicate. Two items.


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