Word: auctioned
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Dates: during 1940-1949
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...auction in Manhattan's Parke-Bernet Galleries seven years ago, Showman Billy Rose thought that a Frans Hals painting was his for $20,000. But from the auctioneer's pulpitlike rostrum, Parke-Bernet's President Hiram H. Parke sedately cajoled more bids. "What's the matter," called Rose, "you got a stiff arm?" Not until the price had risen another $10,000 did Parke's arm loosen up enough to bring down the hammer and sell the painting to Rose...
With such genteel stiff-arming of the buyer, white-haired Hiram Parke, 76, who looks more like a bank president than an auctioneer, has pleased most of the sellers who have come to him.* In eleven years he has built Parke-Bernet (rhymes with "in debt") into the largest U.S. auction house, lured buyers from as far away as Europe and South America, and sold more than $50 million worth of paintings, books, furniture, tapestries, etc. At commissions ranging from 10% (plus expenses) up to 20%, he has always shown a tidy profit (last year's take: about...
...Hiram Parke's party were such art patrons as Gypsy Rose Lee, Actress Madeleine Carroll, and International Business Machines' Chairman Thomas J. Watson. Last week many of the guests returned for the first sale in Parke-Bernet's new auction room (seating capacity 600). Up on the stage went 61 paintings by Rubens, Romney, Hobbema and others; when the hammer fell on the last of them, a total of $46,690 had been paid out. On succeeding days there were sales of jewelry once worn by James B. ("Diamond Jim") Brady, paintings and sculpture collected by Cinema...
...Bucky three years ago incorporated himself as the nonprofit (and taxexempt) Fuller Research Foundation. Businessmen may sneer at Bucky, but artists are more sympathetic. Last week 91 Chicago artists (most of them young abstractionists) contributed their paintings, sculptures and photographs to a Chicago art auction that raised $700 for Bucky...
...movie empire which Britain's Cinemogul J. Arthur Rank put together in 14 years was in the midst of its own austerity program. Up for sale this week at public auction will go his studios at Shepherd's Bush and Islington. Rank, who could use the money, hopes that they will be knocked down for not less than ?250,000, possibly to BBC's television division. (The studios are too antiquated to interest U.S. moviemakers in England.) Of the four studios which will be left to Rank, two are shut tight and two are operating at only...