Word: auctioned
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Dates: during 1960-1969
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Frantic Frenchmen. The Met's greatest stroke was its 1961 auction purchase of Rembrandt's Aristotle Contemplating the Bust of Homer; armed with backing from Redmond's board, Rorimer outbid the well-heeled Cleveland Museum with the highest known price ever paid for an art object, $2,300,000. But that deal involved only money, of which the Met has access to loads ($104 million-plus in assets, exclusive of its art riches); other triumphs are more intriguing. Four years ago, the Met stirred outrage in the Gaullist Parliament by quietly acquiring, for possibly...
Salt-water-taffy stores, sandwich parlors, auction rooms, fortunetellers' lairs, hotel lobbies-all were so jammed last week that Convention Hall seemed almost empty by contrast. Yet Atlantic City swallowed the 45,000 Democratic delegates like a whale mouthing a minnow. "Why," brag the locals, "the A.F.L.-C.I.O. convention here was twice...
London's Sotheby & Co. has become the world's largest art auction house by conscientious attention to both fine detail and broad brush stroke in the art of auctioneering. Last week Sotheby's also portrayed deft talent as a buyer. Outbidding U.S. Investment Executive Alex Hillman, it paid $1.5 million to win 75% control of the major U.S. auction house, Manhattan's Parke-Bernet Galleries. By acquiring its biggest U.S. competitor, Sotheby's secured a long-needed U.S. auction outlet and assured itself the role of auctioneer for most of the important American art collections...
...antiques and 15% on books and manuscripts-compared with P-B's 15% to 22% , made necessary by higher U.S. costs. They were tempted even more by the higher bids generated by the business acumen and showmanship of Sotheby Chairman Peter Cecil Wilson, 51, known in the auction world as "The Fastest Gavel in the West...
...London tenaciously holds first place as the big-money auction market. Sotheby's of London, long intent on extending to New York its primacy in art sales, is this week trying to acquire Manhattan's top-ranking Parke-Bernet Galleries. Christie's, London's other major house, plans to stage what will probably be the biggest auction ever (estimated proceeds: up to $5,600,000) when it sells off the late Captain George Spencer-Churchill's fabulous Northwick art collection of 500 old masters next December...