Word: auction
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Limousines glide up to the curb on Manhattan's East Side, disgorging a platoon, perhaps even a battalion, of the richest inhabitants of the planet. A seasoned observer estimates that the crowd rushing inside includes at least 100 people worth more than $50 million apiece. The fall art-auction season -- the "shark feed," as Connoisseur Editor Thomas Hoving calls it -- is at gavel pitch, and once again great works, and some not so great, are going, going . . . gone...
...some seniors, getting a job after graduation is like going to an auction. Students who are seeking post-education employment play a bidding game at the Office of Career Services (OCS) in the hope of securing interviews with major companies and, eventually, jobs. Every spring, students who are interested in entering the corporate world participate in an unique program that OCS devised to reduce competition for job interviews...
...chainsaw-carved, life-size wooden elephant was lugged away for $13,000. A 4-ft.-high red fiber-glass ball called Zargon was snapped up for $2,625. These were some of the bargains to be found at last week's auction of sculpture, furniture and potpourri from Expo 86, the world's fair held in Vancouver from last May to October...
...auction should bring in somewhere between $15 million and $30 million, which will help pay off the fair's $216 million deficit. Some of that cash will come from Expo 86 officials themselves. Expo Ernie, the stainless-steel and acrylic computerized robot that served as the fair's mascot, was acquired by Expo President Jim Pattison. Price...
...auction, held at motels in Fresno one day and Sacramento the next, attracted overflow crowds of farmers and agribusinessmen, but the results were something of a letdown for BankAmerica. Successful bidders paid only 76% of the appraised value of the land on average, and six of 23 parcels went unsold because no one was willing to make the minimum bids that had been set. The $3.8 million raised by the auction was "less money than we had hoped for," admitted BankAmerica Vice President H.G. Weichert. But at his institution these days, every little bit helps...