Word: auctioner
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...auction at Sotheby's in London last week, U.S. Collector Charles B. Wrightsman bought for $392,000 the Duke and Duchess of Leeds's portrait by Goya of the first Duke of Wellington. The auctioneer's gavel had hardly banged for the last time when a group of Tory M.P.s started a campaign to prevent Wrightsman from getting an export license-and that could mean, as it has with other purchasers, that Wrightsman might have to wait months before the government decides whether he can take his painting home, or must resell it in Britain at some...
...into 90 parts, and that meant that almost all the paintings had to be sold. For four months, Manhattan's Parke-Bernet Galleries and London's Sotheby's and Christie's have been bidding for the job. Last week it went to Parke-Bernet, whose auction next November should make art history. In 1928 Erickson paid Duveen Bros. $750,000 for the Rembrandt Aristotle. After the crash, he sold it back for $500,000, but in 1936 bought it again for $590,000. With the art market of today, Aristotle seems a cinch to break...
...Since Shirley Temple." As the week passed, the press duly noted that Jackie Kennedy presented an autographed etching of the White House for a Catholic benefit auction in New York. She showed up fashionably late for the opening night of the Washington Opera Society season, arm in arm with Adlai Stevenson and a daughter of Konrad Adenauer, and she announced that she had discovered, hidden away in White House storage, a gilt pier table ordered by James Monroe...
...instance," says Katzander, "French paintings now sell in Germany for a fraction of what they sell for in London. Paris or New York. This is something the buyer should know." Katzander thinks that buyers should also know such things as how to read an art catalogue. In one London auction house, if a painting is listed as "by John Constable, R.A.," it means that the house experts are confident of its authenticity. As confidence wanes, the listing changes-to plain "John Constable,'' then to "J. Constable." and finally to an abrupt "Constable...
...Katzanders also learned that auc tions set basic price trends for the whole art market, and this inspired them to found a newsletter, called International Art Market, that would guide buyers by supplying prices paid at as many auction houses as possible throughout the world. The first issue shows that about the only bearish thing on the market during the past two months has been armor. At Christie's in London, a recent sale of 358 items brought in less than $34,000; at the Palais Galliera in Paris, on the other hand, someone paid...