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...Dallas office of lawyer Jules Mayer, a kind of macabre shrine to his former client Jack Ruby. Missing from this memento mori: the .38-cal. Colt Cobra that killed Lee Harvey Oswald. This bizarre souvenir of the assassination may be worth as much as $250,000 at auction. At least that's what Mayer claims as he squabbles with Ruby's two brothers and two sisters over who has rights...

Author: /time Magazine | Title: Memorabilia: The Gun That Jack Shot | 5/29/1989 | See Source »

...have turned the once staid investment into a popular favorite. Small investors bought three-month and six-month T- bills at the record pace of $2.5 billion a week during the first quarter of 1989, compared with $2 billion a year ago. Says a Chicago Federal Reserve officer: "On auction days, you'd think this was the racetrack...

Author: /time Magazine | Title: Bills Apoppin' | 5/15/1989 | See Source »

...true feeling." Two years later, Bernard Berenson wrung his neck: "We turn away from Guido Reni with disgust unspeakable." And it was downhill from there; in 1910 one of his versions of Bacchus and Ariadne sold at Christie's for just under (pounds)10, a fraction of its auction price 60 years before. The nadir was in the late '50s, when you could get a 10-ft. Guido Reni (if you wanted it, which few did) for less than $300 at auction. Reni's posthumous career is not one the heroes of the Late Modernist Art Industry can contemplate with...

Author: /time Magazine | Title: Art: The Partial Comeback of A Fallen Angel | 5/8/1989 | See Source »

...regents were responding to a series of obnoxious acts by white students. Last fall the Zeta Beta Tau fraternity staged a mock slave auction, complete with some pledges in blackface. More recently, white male students have trailed black female students, shouting, "I've never tried a nigger before." Some civil libertarians have complained, however, that the new rule violates constitutional guarantees of free speech, no matter how irresponsibly that right is exercised...

Author: /time Magazine | Title: Wisconsin: A Step Toward Civility | 5/1/1989 | See Source »

...pairs of pure, uncarved African elephant tusks were expected to bring their owner between $20,000 and $28,000 in an auction last week at Sotheby's in New York City. But they never made it to the block. Last week Sotheby's not only withdrew the tusks from sale but promised to stop dealing in elephant tusks or any jewelry, furniture or artwork containing ivory that is less than 50 years old. The change of heart was inspired by an outcry that began soon after the tusks appeared in Sotheby's catalog. Clients and environmentalists said the sale would...

Author: /time Magazine | Title: Tusk, Tusk: An ivory dealer's mea culpa | 5/1/1989 | See Source »

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