Word: auctioned
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Dates: during 1960-1969
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...mere 3,000,000 silver dollars were left in the vaults (out of 28 million on Jan. 1), and Secretary Douglas Dillon let it be known that the Treasury would take its time about deciding what to do with the cartwheels that remained. Possible alternatives: melt them down, auction them off to dealers and collectors, put price tags on them and sell them over the counter, or put the whole thing up to Congress...
...start with the silverware. The Pine Room at Calumet Farm, five miles outside Lexington, Ky., glitters from floor to ceiling with equine loot: the seven Kentucky Derby trophies, six Preakness cups, four Jockey Club Gold Cups, 76 Julep Cups representing feature race winners at Keeneland. Mrs. Markey could also auction off some land. Calumet's 846 acres of rolling Kentucky bluegrass are worth some $3,500,000-and that's not even counting the 18-room manor house, 36 outbuildings and 23 miles of white oak fences. The estate was inherited from his family by Mrs. Markey...
...still anxious for some profit, Ronald Munro sold the handwritten, four-page letter to a professional dealer. When it is sold in New York City this week, it is expected to bring at least $1,000, more than any letter from a living woman has ever previously fetched at auction...
...Lahr. One of the sourdoughs, after snapping up a comely virgin for $33,000 on the Yukon's bullish bride market, even offers Bert the jus primae noctis. As for the gift, red-haired Julienne Marie, her wistful eyes and liquid singing voice alone are worth twice the auction price. Larry Blyden also shines as Dr. Mosk, the stethoscope-packing con man who masterminds Lahr's hoax...
...first art acquisition was a spurious Utrillo, bought at auction for $245. "I felt as though I had bought all of A.T. & T.," he recalls. When he became aware that it was a phony, he sold it fast-for $55 profit. He decided after that to gamble with undeniably authentic contemporaries. Nowadays, says Scull, "I spend Sundays prowling studios, the upper stories of fish wholesale buildings, the back alleys of Brooklyn tenements. I don't presume to know a great work of art from a so-so effort. I simply buy what I feel I want...