Word: auctions
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...Auction record for a painting (Van Gogh’s “Portrait of Dr Gachet”): $82.5 million...
...copies privately, mostly for friends. But Paris bookstores discovered West's gently satirical look at Gallic foibles, radio stations invited him to discuss it, and now the book, A Year in the Merde (Bantam Press; 335 pages), is poised to become an international publishing phenomenon. After a high-profile auction in July, Bantam won British rights to Merde for nearly $140,000, and the book is being rushed into U.K. stores in September. Publishers in the U.S., France and Germany have anted up for their own editions. Movie rights have been sold. This success story is all absolutely true, except...
...million Price of a 1929 Mercedes SSK roadster sold at auction last week, the second most expensive car in the world...
...away from displays that implicitly indict them. Even some blacks are ambivalent about how to treat the knowledge that their ancestors were once bought and sold. Ten years ago, Colonial Williamsburg, the open-air museum in Williamsburg, Va., presented an outdoor re-enactment of a 1773 estate auction that included the sale of slaves. The hope may have been that the performance would help Williamsburg fight off criticism that it tended to sugarcoat the rough realities of colonial history. But the re-enactment was met by a public protest organized by the Virginia coordinator of the N.A.A.C.P., who complained that...
...Right Result It may have confounded the Wall Street investment banks, which usually take a larger commission from such deals, but so far Google's unusual IPO has been a hit for a happy handful of investors. Those who waded through the search engine's complex Dutch auction got the stock at $85 a pop, $23 less than the original lowest price expected, then saw it rise more than 27% in the first two days of trading. That put the stock at $108 - exactly where co-founders Larry Page and Sergey Brin advised it would be. Along with CEO Eric...