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...answer to the last question, not so many years ago, would have been a resounding yes. Class and taste are not, by definition, available for purchase. But the Jackie auction represents an apotheosis of a new sort of cultural aspiration--a personal connection to celebrity at, quite literally, any cost...

Author: /time Magazine | Title: WHAT PRICE CAMELOT? | 5/6/1996 | See Source »

...history." These were not, by and large, run-of-the-mill collectors, people who amass hordes of stuff centered on a particular interest or obsession. Nor were most of them there in the hope of turning a profit later on their acquisitions. Bruce Wolmer, editor in chief of Art & Auction magazine, says of the high-priced Jackie items, "Most of them will probably not hold their value over the long haul. They won't lose it completely; they won't go back to being $150, say. But a couple of years down the road it will be very hard...

Author: /time Magazine | Title: WHAT PRICE CAMELOT? | 5/6/1996 | See Source »

...money. Jackie's death two years ago saddened everyone, but it also reminded the boomers that they were entering their 50s and being crowded from below by younger people with different cultural experiences and no special fondness for the shared memories of their elders. The Jackie auction promised an opportunity to halt the slide toward death and anonymity, to grab some tangible relic from the days when the world seemed filled with hope and high spirits...

Author: /time Magazine | Title: WHAT PRICE CAMELOT? | 5/6/1996 | See Source »

What does the Jackie Onassis auction tell us? some things that we already knew, and some that we didn't. We knew that there were always two Jackies, really. One was moving and heroic and cultivated, the possessor of a detached dignity that kept us fascinated. The other was a girl who was just a little too interested in money, which was not moving or heroic at all, and certainly not cultivated...

Author: /time Magazine | Title: HEROIC JACKIE, TACKY JACKIE | 5/6/1996 | See Source »

Jacqueline Kennedy Onassis might or might not have been happy to observe last week's frenzied auction. But one onlooker can only be delighted: the Internal Revenue Service. It stands to pick up a large chunk, maybe even most, of the $30 million or so net that was raised...

Author: /time Magazine | Title: THE TAXMAN COMETH | 5/6/1996 | See Source »

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