Word: auctioning
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Dates: during 1990-1999
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...released composite sketches of the two thieves, two international auction houses, Sotheby's and Christie's, posted a $1 million reward for information leading to the return of the works and the museum received tips on their whereabouts...
...Gogh's Irises, 1889, known to the trade as the Curse of the Outback, has found its permanent home in the Getty Museum in Malibu, Calif., which bought it for an undisclosed sum last week. Acquired at auction in November 1987 for $53.9 million by the Australian conglomerator and promoter Alan Bond, Irises was the most expensive work of art ever sold. Its price created an artificial euphoria that bulled the world art market and helped save it from the October ( '87 Wall Street crash. The name of the underbidder was never revealed, raising suggestions -- indignantly denied by the auctioneers...
...said that Sotheby's and Christie's, the international art auction houses, had agreed to underwrite the cost of the reward by using their own resources and soliciting help from the art community around the world...
...years, we may get used to countries being bought and sold. Gorbachev could always put Siberia on an international auction block, or sell the Islamic republics in a bidding war between Iran and Afghanistan...
...vehement opposition to it. Copley and Kroc covered half the festival's budgeted cost by anteing up $500,000 and $1 million respectively. Then Copley's opinion-making dailies swung behind it. To clinch the deal, Kroc kicked in with a $2.8 million Faberge egg she had bought at auction for the occasion in Europe...