Word: auctioneer
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...made more money playing Zack Morris on “Saved by the Bell,” but in an impromptu appearance at the Quincy House Auction over the weekend, Mark-Paul Gosselaar won not only $400 for the People’s House but a hot kiss...
Backed by an endowment of $2.3 billion, the J. Paul Getty Museum in Malibu, Calif., has no need to count the pennies, or even the millions. It proved that again last week at a London auction, where the museum bought Andrea Mantegna's Adoration of the Magi for $ 10.45 million, the highest sum ever paid for a painting at auction, surpassing the $10 million paid for J.M.W. Turner's Seascape: Folkestone last year. Mantegna worked on the deeply spiritual canvas between 1495 and 1505, when he was court painter for the worldly Gonzagas of Mantua. They would have appreciated...
Record prices and million-dollar sales have become so common-in the art world that no one took much notice when Christie's, the prestigious international auction house, announced in 1981 that it had sold three paintings by the Impressionist masters Degas, Gauguin and Van Gogh for a total of $5.6 million. But earlier this month Christie's U.K. chairman, David Bathurst, admitted that he had lied about selling two of the paintings...
...confession emerged from a suit that a Swiss art dealer filed against the 209-year-old firm for breach of contract in failing to sell the works. Although the Degas fetched a record price, bids for the other two works fell below the minimum set by the auction house and thus were not accepted. Bathurst said he reported the false sales in order "to maintain stability in the art market." The suit was dismissed because the judge said Christie's was not responsible for the vagaries of the market. In a statement issued last week, Christie's board said...
...background--his father was an accountant--collectors tended to see him as the authentic representative of the urban underworld, the new wild child. They came running with their wallets open. They have kept them open too. Last June an untitled Basquiat from 1982, a head with fangs, sold at auction in London for $4.5 million. His record is $5.5 million, for a painting sold in 2002 by Metallica drummer Lars Ulrich. The title? Profit...