Word: auctioner
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...commodity: by museums which flaunt their directorial machismo by advertising the prices of their million-dollar acquisitions; by witless journalists whose only peg for discussing art is its price; by collectors who grub for investment; and by the horde of dealers, ranging from the little sharks to the dignified auction-room gents with faces like silver teapots, who have striven to give art the primary function of bullion. The present epidemic of art theft is ultimately their responsibility. In one day last week, in one Italian district-the Abruzzi-thieves made off with a 12th century Madonna and Child...
PROCEDURE. Many critics pointed out that the Interior Department depends too much on the oil industry for information. Senators Hollings and Tunney suggest that the Federal Government take responsibility for exploring before offering offshore leases for auction. Alternatively, New York State officials suggest that there be much tighter federal controls on all offshore-oil development...
...gunshot wounds; near Montauban, France. Together with his mother and sister, Jean-Louis barricaded La Fumade, the Portal family's 30-room mansion, shortly before the death of his father Baron Leonce in 1973, and refused to relinquish it to the farmer who bought it at a debt auction. After Portal shot and wounded two workers sent by the new owner to plow the land, 70 gendarmes assaulted La Fumade, braving fire from the young baron's elephant gun and mortally wounding him. The body of the father, which the family had kept in a coffin...
...magazine-unsigned, like all "Talk of the Town" contributions. Editor William Shawn did not divulge her fee, saying only that she would be paid at "regular rates, which run into the hundreds rather than the thousands." The same week Jackie reaped $3,000 from the sale at a Manhattan auction house of some old furniture, including President Kennedy's chair from Choate School and John Jr.'s discarded desk. When the gallery owner went to select the furniture for the sale, he rejected several pieces. Disappointed, Jackie said: "I wish you'd take more. What...
...Atlantic to telephone India from London because she had difficulty making the call from the U.S. As the money ran out, the maharanee, now 54, had to pawn her jewels. But burdened with annual interest payments of $200,000, she was recently forced to sell them at a secret auction. The gems went for $4 million, which should keep the maharanee in Beluga gray for a couple of years. Her reputation for extravagance, however, was ruined. Said one casino habitue empathetically: "You can hide good luck but not misfortune...