Word: auction
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Dates: during 2000-2009
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...Addressing concerns about the decline of French culture and economic interests, French Culture Minister Christine Albanel unveiled a series of proposals earlier this month to stimulate spending on art works by French buyers. She wants to change exisiting laws so that the sale and auction of modern art can become as simple in France as it is in booming American and British markets. She has also proposed tax breaks and no-interest loans to induce small businesses and individuals to begin investing and collecting contemporary works that many now feel are beyond their financial range. In reality, Albanel noted...
...They’ll come to the convention and sell issues like this for maybe fifty cents.” Even the rarer ones, like the “World’s Finest” issue, wouldn’t catch much at auction due to wear and tear.But that’s not really the point. Private collections might be this comprehensive, but this collection is one that’s open to any Harvard student, free of charge. “It’s a reader thing!” Talbot says...
...Chan snapped up his A623 in an online auction for just under $150 - underscoring the fact that early communist-era Chinese mechanical watches are within the financial reach of almost anyone. "Even many rare models can still be found for [around] $75," Chan says. To be sure, some pieces occasionally fetch impressive sums (a 1955 Shanghai Watch sold at auction for over $15,700 in 1996), but for the moment no one is talking about the investment value - only the pleasure of getting your hands on a quaint piece of revolutionary history...
...French-Dutch Air France-KLM was the only bidder left in an auction that began 15 months ago when Italy's Economy Ministry put its 49.9% of the debt-saddled company on the auction block. Air France Chairman Jean-Cyril Spinetta pulled out after Alitalia union representatives arrived at the table with brand new 11th hour terms after all sides had worked for weeks on a standing framework that included layoffs of around 2,100 and the closing of Alitalia's cargo division. The talks, of course, collapsed...
...enter the inner market of Tsukiji (too many visitors near the majority of the world’s raw fish supply is risky), we woke up at five a.m. and crammed into the metro. By 6:30, we had arrived, pushed through the crowds, and entered the central auction area. The fish stared up pitifully, the alleys reeked, the fishermen’s electric carts threatened to run visitors down, my stockings were soaked in fishy ice puddles, and I was giddy. Tsukiji is a foodie’s Disneyland and it made the late Fulton Fish Market...