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...Jesuit-made horse head - one of a set of 12 Chinese zodiac symbols that adorned a palace water clock - was to have been a highlight of Sotheby's fall auctions in Hong Kong next week. But bitter memories were aroused from the moment its inclusion in the bidding became public. In 2000, ox, monkey and tiger heads from the same water clock surfaced in Hong Kong auctions, sales that were denounced by China's State Bureau of Cultural Relics. "It's ridiculous that they brought them back to a part of China to be sold," says Tsang Kin-shing...

Author: /time Magazine | Title: Bidding for Pride | 9/27/2007 | See Source »

...sure what to hang on your walls? Get your eye in focus with a three-day course on the art of owning art. Sotheby's Institute of Art in London, an independent spinoff of the famous auction house, combines lectures and field trips to contemporary art fairs to train would-be Saatchis in collection building, gallery economics, art investment and the growing role of art fairs themselves. They're "popping up everywhere now," says the Institute's public programs manager Lyn Calzia, and with the weedlike growth of the contemporary art market, "there's such a vast amount to sift...

Author: /time Magazine | Title: The Art of Owning Art | 9/26/2007 | See Source »

Study artists the way you'd study racehorses: How did their work fare at auction? Are they heading up or down...

Author: /time Magazine | Title: The Art of Owning Art | 9/26/2007 | See Source »

...Ashley Olsen arrives at an auction carrying an orange intrecciato clutch...

Author: /time Magazine | Title: What's in a Weave? | 9/21/2007 | See Source »

...believe we lost that Rembrandt auction...

Author: /time Magazine | Title: No Rest for the Weary | 9/21/2007 | See Source »

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