Word: auctions
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Dates: during 1920-1929
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Christie's, smartest of London auction rooms, buzzed eagerly last week, as an auctioneer rapped to announce that he would sell the 61 ½%-carat diamond "Golden Dawn," since 1913 the property of its disc verer Captain C. R. Lucas, who found it near Kimberly, South Africa...
Except for formal ratification, Kuhn, Loeb & Co. and the National City Co. of Manhattan, who represent the reorganization committee of bondholders, own the onetime Chicago, Milwaukee & St. Paul Railroad, a system estimated at $750,000,000. They bought it at an auction sale in Butte, Mont., last week for $140,000,000 and their promise to untangle the road's debts, no light task. For the pres-ent there will be no change among the operating executives. But the system's name has been altered to the Chicago, Milwaukee & Pacific Railroad, with "The Milwaukee" as the nickname...
...rich turfman (TIME, Nov. 29) had bought the house, but not the famed art collection therein, of Dowager Baroness Michelham, the house once home of the spidery-signatured Marquis of Salisbury, Britain's onetime most aristocratic Premier. The Dowager Baroness Michelham put up the art collection at public auction. International buyers came to the house, with cohorts, many of them, of mysterious agent-bidders, "Mr. X," "Mr. Y," "Mr. Z." Sir Joseph Duveen was in the U. S. But Sir Joseph's in fluence was felt. As often before, he secured most of the cream. He expressed...
...opening day of the auction saw mostly tapestries put up, "knocked down"-though some of these were so impressively rare as to require more respectful handling than that. A Beauvais specimen went to $130,000 before its seekers got discouraged. A Gobelin brought $95,000. This day's sales totaled...
...second day was the one of thrills. Then it was that some score of master canvases, mainly from the expensive 18th Century so favored by Maecenas Huntington, were sold. And chief among these was Sir Thomas Lawrence's "Pinkie," which brought the record auction price to date, $370,000. "Pinkie" is regarded as Lawrence's best work in his early debonair manner, that manner of captivating, almost too facile grace which made him adored of the great ladies of his day and keeps him popular since. "Pinkie" went-to Sir Joseph Duveen. "Pinkie," who was none other than...