Word: bernet
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...been heard so often among people in the New York art world that it began to sound a bit like a secret password: "I suppose I'll be seeing you Wednesday night." On the night in question last week, the nation's biggest auction house, Parke-Bernet Galleries, sold off a group of 24 paintings that had been collected by the late advertising executive Alfred William Erickson and his wife Anna. Among the paintings was Rembrandt's Aristotle Contemplating the Bust of Homer, which bears the unhappy nickname of "The Million-Dollar Rembrandt." Though there were other...
...velvet block at Manhattan's Parke-Bernet auction gallery last week was a yellowish nude by Pierre Bonnard, and the bidding had already reached $99,000. There, for a moment, it stayed, until the auctioneer breezily pointed out that "it would be much nicer to be able to tell your friends that it cost $100,000." Minutes later, the painting went for $101,000 -$7,000 more than the Bonnard auction record...
...collection on sale belonged to Mr. and Mrs. Adolphe Juviler of New York and Palm Beach, who explained that they wanted to be freer to travel. Their treasures were a choice, if uneven, selection of modern paintings, sculpture and drawings, and it had both Parke-Bernet's main gallery (white tickets) and TV annex (pink tickets) jammed to overflowing. The bidding was brisk: a curt nod, a quick wave of a pencil, an almost imperceptible gesture with a finger-the secret semaphore of auctioneering-would send the bidding up anywhere from $100 to $5,000. When the auctioneer...
...evening's end the patrons-art lovers and investors alike-had bid a total of $1,098,775 for 39 works-a sizable sum even at Parke-Bernet, which is one of the world's three biggest art and rare books auction houses. Aside from the Bonnard, two other paintings broke records. A splendid, red-faced Valet de Chambre by Chaim Soutine brought $76,000, nearly four times Soutine's auction record of seven years ago. An even bigger leap in value: a pair of superbly winsome lovers by Marc Chagall for $77,500, whose auction price...
...world have been doing the fanciest snake dances about this picture." But, following the pattern of her husband's will, Mrs. Erickson divided her estate 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...