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...where admirers were not welcome or allowed. The posthumous chance to enter this forbidden space and ooh and aah over--and maybe buy one of--Jackie's personal possessions figured to be irresistible to plenty of people, and Sotheby's was not disappointed in its expectations. Its fat, glossy catalog of the lots up for auction sold more than 100,000 copies (at $90 hardback, $45 paper). During the five days that the objects were on public view before the sale, roughly 40,000 people stood in line to make their way through Sotheby's galleries, eyeing the merchandise...
Experienced auctiongoers understood that the estimated sales prices in the Sotheby's catalog reflected an assessor's evaluation of fair market value, i.e., what an object would bring if it did not possess the added cachet of having belonged to someone famous. For things owned by Jackie, fair market value was obviously, at least to those familiar with the occult workings of renown, just the starting point. The tension and electricity in the auction room hummed around the question: How high the markup...
...sale, that were given to the kids," says Salinger. He adds that the children rigorously culled their mother's mountains of things to select important and appropriate items for the John F. Kennedy Library in Boston (which will also receive most of the $2.5 million from the catalog sales). In April 1995, Caroline and John donated a huge trove of items to the library, including Jackie's wedding dress, 38,000 pages of documents, 4,500 photographs and 200 artifacts and works...
...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...