Word: cataloging
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Dates: during 1990-1999
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...items that it sells; rather, they sell on consignment, and receive a seller's commission from the original owner and a buyer's premium of 15 percent from the winning bidder. These revenues go to defray the costs of advertising the auction, photographing the lots, creating the catalog and paying the staff. Despite the rapid pace of the auctioneers (usually 80-100 lots are sold an hour), due to the high number of lots, the auctions can last up to 5-6 hours...
...products offers a self-help homily. Soul Owner, for example, encourages the consumer to "review your only true assets. You own your values, your integrity." (Not bad advice, though it comes from an exfoliating foot cream.) San Francisco's BeneFit, a specialty store that began selling by catalog four years ago, is less earnest but just as zany. The company weighs in with Glamazon, a liquid bronzer that features a bikini-clad Jane swinging on a vine and an $18 jar of "Touch Me Then Try to Leave..." cream...
...decline starting in '93, just as they were signing to major-label American Recordings. Now they've returned to their roots with Nettwerk Productions' double-release of their greatest hits and the corresponding B-sides, although it's mainly an excuse to eliminate the band's singles from the catalog. The two albums, with earlier tracks containing more guitar while later tracks sound more like KMFDM on drugs, are more than anything a reminder that of all contemporary musical genres industrial is by far the most religious--the industrial sound tries to sound like Satan because it believes the machine...
...coolest new additions to the Marley catalog is the just-released CD Chant Down Babylon (Tuff Gong/Island). The album features duets with Marley and some of today's best hip-hop performers, including Lauryn Hill and Busta Rhymes. The hip-hoppers supply new vocals, while Marley's are drawn from alternate takes in decades-old recording sessions. "We got the idea, well, from Daddy basically," says Marley's son Stephen, who served as executive producer. "It was one of his dreams to get to the urban youth of America...
...week are great trophy wines such as an 1811 Chateau Lafite and a 1945 Chateau Mouton Rothschild, as well as some of the finest and rarest young wines--bottles that an investor can bet will collect a premium at the year 3000 auctions. Just paging through the Sotheby's catalog (it's available online at www.sothebys.com is enough to moisten oenophilic palates. One evident specialty of the collector was assembling "vertical" collections of a single vineyard over many years. Sotheby's estimates that a rare collection of Australian Penfolds Grange from 1951 to 1992 will sell for more than...