Word: auctions
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Dates: during 1960-1969
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...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...
This genteel exercise in white slavery occurred in the home of Italian Ambassador to the U.N. Egidio Ortona at an auction to raise money for Gian Carlo Menotti's Festival of Two Worlds in Spoleto. Sold off with Burton and several minor works by Chagall and Tiepolo were Composer Menotti himself (for $501. to Novelist Pati Hill) and Conductor Thom as Schippers, who brought a mere $325 from Jean Feldman, ex-wife of Agent Charles Feldman. Schippers later registered a complaint with Maxwell: "Traitor, $350 for only an actor!" This week the proud owners were scheduled to feed their...