Word: bernet
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...London tenaciously holds first place as the big-money auction market. Sotheby's of London, long intent on extending to New York its primacy in art sales, is this week trying to acquire Manhattan's top-ranking Parke-Bernet Galleries. Christie's, London's other major house, plans to stage what will probably be the biggest auction ever (estimated proceeds: up to $5,600,000) when it sells off the late Captain George Spencer-Churchill's fabulous Northwick art collection of 500 old masters next December...
Along with Dun & Bradstreet reports, file drawers in his secretary's office are stuffed with Wildenstein catalogues, Parke-Bernet auction lists, and color transparencies. On his desk sits a tiny Daumier bronze of a humble country bumpkin. He also wants his employees to appreciate art, gives them plenty to look at. Rarely have they failed to enjoy it, but once he had to take down a Leger tapestry of a mechanical man in the office foyer. Employees read themselves uncomfortably into the image...
...minded and peaceable stands the artist at his easel, mind, heart and soul intent on creation. Shrewd, suspicious and materialistic stands the artist in the marketplace, protecting his interests with a zeal that would make a pawnbroker blush. The most meaningful U.S. marketplace is the auction room at Parke-Bernet Galleries in Manhattan; and when Parke-Bernet announced for last week an end-of-season clearance sale of modern masters that promised to set prices, the art world got alert...
...works of Jackson Pollock. The Van Gogh of the abstract expressionists has sold in private dealings of his best work for more than $100,000; a price sharply below that could hurt the Pollock market. His widow, Painter Lee Krasner, who owns many Pollocks, dropped in anxiously on Parke-Bernet to see the works. She pronounced that her husband never dripped these and hurried off to the state attorney general's office to sign a restraining order to stop the sale. Parke-Bernet had no alternative but to withdraw the paintings...
Almost every French Rothschild lives surrounded by a museumlike collection of priceless paintings, period furniture, irreplaceable tapestries. Drawing only from Rothschild collections, Sotheby's or Parke-Bernet could hold an auction every week for a year- and each sale would make news. Curators of the Louvre and the Met can only drool at the accumulations of Egyptian sculpture, Louis XV and XVI furniture, Sevres porcelain, 16th century enamelware, and wall upon wall of Goyas, Rubenses, Watteaus and Fragonards. When Philippe and Pauline have tea, their dog Bicouille is sometimes served a snack off an aluminum dish placed upon...