Word: collectors
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...COLLECTIBLES $10.7 million Amount earned at a California auction for 301 rare U.S. pennies sold by a coin collector 1793 The year one of the coins in the collection was minted. The penny was in circulation for just two weeks before Congress concluded Lady Liberty looked too frightening. That coin and a similar 1794 penny brought in $632,500 each...
Gligoris walks into a squalid room in the national police headquarters. Byzantine statues, antique candleholders and other religious items are scattered about - all recoveries from recent thefts. According to Gligoris, religious artworks can change hands up to five times, in several different countries, before reaching a collector's shelf. "Usually," he says, "it's a job conducted by a criminal who wants to make a quick buck after hearing about or spotting a priceless treasure that's easily accessible...
...will make its way up the criminal food chain, passed from the thief to his fence to a crooked dealer, who draws up a fake provenance, to a gallery owner, who turns a blind eye, and so on, until it lands on the legitimate market, eventually bought by a collector, who may have no idea it was stolen...
...more nuanced sound than CDs and digital downloads. MP3 files tend to produce tinnier notes, especially if compressed into a lower-resolution format that pares down the sonic information. "Most things sound better on vinyl, even with the crackles and pops and hisses," says MacRunnel, the young Missouri record collector...
...based sales, but took $466 million in 2007 - a jump of almost 160% in just three years. Sotheby's notched up over $345 million last year. Such numbers are being driven not so much by traditional buyers from Europe and the U.S. but by big-spending Chinese and Indian collectors, alongside other wealthy new players, from Russian oil barons to Middle Eastern magnates. They are united in what Jonathan Stone, Hong Kong-based business director of Asian art at Christie's, describes as a cultural fascination with China - an enchantment the auction houses hope to extend to the rest...