Word: cataloger
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Dates: during 1990-1999
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Martha Stewart's face is everywhere but on a Wanted poster: in her magazine, on four videos and a dozen books, on TV (twice a day), unofficially on the Internet, at K Mart, and in her catalog (Martha by Mail). In an interview, conducted as she shuttled among her farm in Westport, Connecticut, her two Hampton beach houses on New York's Long Island and her Manhattan office, she says her aim is nothing less than to take over Christmas. "It is our intention to own areas in communication. I don't mean to sound egomaniacal, but Perry Como used...
Dozens of people tendered bids, and countless bought copies of the $90 hardcover catalog and $45 softcover catalog describing items for sale. That desire for material proof indicates that the Onassis estate auction confirms what was proved by the reaction to the death of Mrs. Onassis two years ago--that the fascination with John F. Kennedy '40 and Jacqueline Kennedy Onassis, and with the early 1960s, will endure well into the next century...
...excreta of America, which he combined first into small hybrid pieces and then into whole rooms and environments. As a hunter-gatherer, a snapper-up of unconsidered trifles, he was a whiz. He put in everything, including the kitchen sink--no, make that the whole kitchen. Some of the catalog entries for this show, listing title, date and materials, sound more like small towns than works of art: "The Ozymandias Parade, 1985. Tableau: wood, plastic, mirrored plexiglass, fiberglass horses, light bulbs, recorded music, paint, clothing, plaster casts, rubber, metal, galvanized sheet metal, polyester resin, wagon, pork barrel, suitcases, fake money...
Besides stated bequests of $250,000 each, J.F.K. Jr. and Caroline got the furniture, books, paintings, jewelry and other items auctioned last week by Sotheby's. The auction catalog listed them at $3.3 million to $4.6 million, representing Sotheby's best guess at the fair market value they would command if not imbued with the magic of Camelot. But when the final gavel came down Friday, the items had brought in $34.5 million...
Enter the IRS. It presumably already has collected 55% (New York State probably took another 5%) in estate taxes on the fair market value of the auctioned items. Presuming that value was stated to be somewhere around the Sotheby's catalog figures, the tax collectors can argue that the auction results proved it to be a wild underestimate and press for 60% of a far higher figure, though perhaps not the whole $34.5 million (which in any case will be reduced some 12% by the buyers' premiums and sales commissions for Sotheby's). Alternately, the Kennedys might pay capital-gains...