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...been up to Oscar Wilde, there would be no auction this week of the private property of the Duke and Duchess of Windsor, or any such event. Writing a sonnet in 1895, "On the Sale by Auction" of John Keats' love letters to Fanny Brawne, Wilde compared the "brawlers of the auction mart" to the Roman soldiers who tossed dice for the garments of Jesus...

Author: /time Magazine | Title: What Am I Bid For This Heart? | 2/23/1998 | See Source »

...Burbank, she came to Wilmington for the first time a week before the parade, wearing a fixed smile and a dazed, where-am-I? stare. The couple spent the week house hunting on the back roads of Ohio, videotaping faded barns, visiting newly sprouted subdivisions, stopping by an auction where a farmhouse and its contents were put on the block. There they met Gary Kersey, a garrulous auctioneer who took one look at Kathy's tight black jeans and Jim's designer eyewear and asked, "You folks have any idea what you're getting yourselves into...

Author: /time Magazine | Title: THE GREAT ESCAPE | 12/8/1997 | See Source »

...odyssey of the Goodman family's Degas may have much in common with hundreds of lost works. Landscape with Smokestacks first came into the family on June 9, 1932, when it was acquired at a Paris auction for 10,000 francs (U.S. dollar equivalent at that time, $740) by Simon's grandfather, Friedrich Gutmann, a German-Jewish banker living in Holland. With the onset of World War II, part of the family collection, which included 10 Old Masters and several other Impressionist canvases, was sent to France for safekeeping, only to be seized there by the Nazis. When Germany invaded...

Author: /time Magazine | Title: ART: SAVING THE SPOILS OF WAR | 12/1/1997 | See Source »

...been carried off by Soviet troops at the war's end. When Bernard died in 1994, his sister Lili and his sons Simon and Nick took up the quest. By chance, they stumbled onto one of the family's Renoirs, an orchard scene entitled Le Poirier, in an old auction catalog of Parke-Bernet, the corporate predecessor of Sotheby's. That painting is now in London, where the family is trying to get it back. As for the Degas, it turned up in the catalog for a 1993 exhibition at the Metropolitan Museum that listed the owner as Daniel Searle...

Author: /time Magazine | Title: ART: SAVING THE SPOILS OF WAR | 12/1/1997 | See Source »

...Italian seller of the work and the Goodmans, but got to keep its commission of more than $100,000 on the original sale. "We sell thousands of works of art every year and check every one of them with an electronic data bank," explains a spokesman for the auction house. "In this case, the disputed ownership did not turn...

Author: /time Magazine | Title: ART: SAVING THE SPOILS OF WAR | 12/1/1997 | See Source »

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