Word: auctions
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...dating of the newer canvas matched the painting to da Vinci's period, and an analysis of the style concluded the painter was left-handed, another purported da Vinci trait. Taken together, the clues built a convincing argument for the painting's authenticity. (See the top 10 most expensive auction items...
Every year, students living in the far reaches of the Quad or Mather eagerly anticipate the Phillips Brooks House Association Bike Auction as an easy way to save themselves from three years of shuttle dependence. Many of these students, however, were disappointed by the utter lack of merchandise at this year’s auction. Held on Oct. 3, the auction offered a meager 10 bikes for sale, compared to the nearly 50 of previous years. The reason might have something to do with the fact that the long-standing presence of Quad Bikes, the non-profit bicycle shop...
...turns out, there was a slight misunderstanding between PBHA and Quad Bikes over what to do with the abandoned bikes around Harvard. According to David P. Tucker, an employee of Quad Bikes, the Quad Bikes office received a call from PBHA a few days before the auction asking if they would donate any of the bikes that Quad Bikes had collected around campus back in May. “PBHA anticipated collecting whatever bikes we cut in the spring, but there was no such communication until right before the auction,” says Tucker...
...portfolios of wealthy Western investors who are cutting back on their lavish purchases, including spending on vintage wine. Not so for Chinese investors. China's economy has suffered less and bounced back faster from the financial crisis than the economies of the U.S and U.K. At the Sotheby's auction, a six-Liter bottle of 1982 Chateau Petrus Imperial - described as having a sweet leather taste and a pruney finish - was gaveled off to a mainland Chinese bidder for a record $93,000. "The balance of power in the wine world is now shifting from West to East," explains Gregory...
...ever-higher sums. Each of the 34 lithographic prints of the female nude Agus has produced, for example, is expected to fetch roughly $7,000 while bigger works will go for roughly $14,000. That's modest by the standards of the art market, where an Agus painting at auction can fetch over $100,000. Nonetheless this is far more than Asians have spent on prints in the past, and that's because the perception of printmaking is finally changing. Somewhere, far above the college dorms and dentists' waiting rooms, another realm of printmaking is taking shape...