Word: auction
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...object would bring if it did not possess the added cachet of having belonged to someone famous. For things owned by Jackie, fair market value was obviously, at least to those familiar with the occult workings of renown, just the starting point. The tension and electricity in the auction room hummed around the question: How high the markup...
...first day of the auction, Manhattan interior designer Juan Molyneux bought Jackie's engraved sterling-silver Tiffany tape measure for $48,875. Sotheby's ruled it would be worth $500 to $700. "When I bought the tape measure," says Molyneux, "the first thing I measured was my sanity...
Wednesday's sale featured one of the auction's few pieces of genuine historical significance, the Louis XVI desk on which President John F. Kennedy signed the 1963 Nuclear Test Ban Treaty. Estimate: $20,000 to $30,000; sale price: $1,432,500. The buyer was that frequent successful bidder, Anonymous...
...what looks like the same triple-strand necklace of simulated (read fake) pearls, offered at $700 to $900. Says she: "I'm a child of the '60s, and the John Kennedy Camelot years were the last time a lot of us were really innocent. That's what this whole auction brings back." She innocently adds that the Franklin Mint will probably replicate the pearls...
...Auction fever crossed time zones faster than Air Force One. In Chicago Ralph Goldenberg, whose wife Helyn is a senior vice president of Sotheby's, spent $63,000 to buy J.F.K.'s putter, a Robot K-44, and gave it to his business partner, Christopher Heymeyer. The latter is now a minor celebrity at the Board of Trade, where the two work. "Everybody on the trading floor says, 'There's the guy; his partner bought him the putter.' There's a huge excitement," Heymeyer says. "Everybody on the trading floor says, 'Can I see it? Can I touch...