Word: collector
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Nowhere was Hammer's rage for fame more obtrusive than in his role as a collector of old masters and Impressionists, which he flew around the world as promotion for Oxy and himself. Hammer's proudest feat was his 1980 purchase, for $5.12 million (a big price then), of a manuscript by Leonardo da Vinci called the Codex Leicester, which he renamed the Codex Hammer. It consists of 36 pages of notes on water movement. There is not a single drawing of aesthetic interest among the meager diagrams in the margins...
...vase hung uncelebrated in the living room of a suburban Milwaukee couple. But last summer, as husband and wife cleared away a lifetime of domestic clutter, they called in an auctioneer's agent. His discovery, disclosed last week: the seemingly undistinguished still life was something any avid art collector would give his left ear to own -- a genuine Vincent van Gogh...
...head of both the Federal Deposit Insurance Corporation and the Resolution Trust Corporation, Seidman holds what he calls "the biggest damn lousy job in the country." Or to put it another way, it is "a combination of a garbage collector, an IRS agent and an undertaker." He was all those things last week as he took over the collapsing Bank of New England...
...Tuesday night at Christie's, Van Gogh's melancholy portrait of his physician, Dr. Gachet, sold to the Japanese dealer Hideto Kobayashi for $82.5 million, the highest price ever paid at auction for a work of art. Kobayashi bought the painting on behalf of noted Japanese collector Ryoei Saito, a paper-manufacturing executive. Two nights later, at Sotheby's, Kobayashi again acted for Saito in bidding $78.1 million for one of the best Renoirs in America, Au Moulin de la Galette...
While a Japanese collector pays $82.5 million for a Van Gogh and $78.1 million for a Renoir, many lesser sales fall short as the frenzied auction boom hits some bumps...