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...subtle magic of Vermeer's art," exclaims Director John Walker, "the marvelous luminous effects, the soft texture of flesh and materials, the sense of suspended action and above all the tranquillity." One expert estimates that the Vermeer would have fetched $3 million on the auction block, but it will cost the National nothing. The gift of Harry Waldron Havemeyer and Horace Havemeyer Jr. in memory of their father, the late Horace Havemeyer of the sugar-refining family, it will become the gallery's property upon the death of his widow...

Author: /time Magazine | Title: Art: A Rare Twosome | 5/20/1966 | See Source »

...decorated for ferreting out the caches where the Nazis had hidden their art loot, proudly boasted that he was the first Allied offi cer to enter the Louvre upon the liberation of Paris. As director of the Met, he relished prowling galleries for finds, made auction history when he bought Rembrandt's Aristotle Contemplating the Bust of Homer for a record $2,300,000 with a wink. Last March he went to London to watch the bidding for St. George and the Dragon, was only momentarily crestfallen when it went to the National Gallery; his real game in Europe...

Author: /time Magazine | Title: Art: Double Loss | 5/20/1966 | See Source »

...student who dropped a note: "Ours is a single-note instrument, so we have to play well one note at a time; every note must be good. You must imagine that you are in an auction, and every single note has to be so good that you can sell it without any argument. Every note must have quality, as if all by itself it is some kind of melody...

Author: /time Magazine | Title: Cellists: Master Class | 5/13/1966 | See Source »

Just to move her collection through the auction halls last week required eight separate sales in seven days. Said an appraiser for New York's Parke-Bernet Galleries, after picking through her 26-room Manhattan triplex penthouse at 625 Park Avenue: "She even had closets leading to closets." But many of her choicest treasures were kept in her Ile St. Louis flat in Paris (see color pages). On the sales' opening day, a La Fresnaye cubist painting of garden tools brought $100,000. Chagall's Lovers and the Moon fetched $24,000, and the Bonnard landscape...

Author: /time Magazine | Title: Collectors: A Beautician's Booty | 4/29/1966 | See Source »

What does matter is this: new-car dealers can rarely sell anything near the total number of used cars that they take as trade-ins. Rather, they sell most of their trade-ins to full-time used-car dealers. These sales take place at weekly auctions held in centralized locations throughout the country. What a trade-in car is worth is determined by what its year and model brought at the previous week's auction in a particular locality. These prices are listed in the trade magazine Automotive News. Thus, according to Automotive News, a 1962 Impala (8) Sport...

Author: /time Magazine | Title: Autos: How to Pay Less for a New Car | 4/29/1966 | See Source »

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