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DIED. Peggy Guggenheim, 81, American-born patroness of 20th century art; following a stroke; in Camposampiero, Italy. Seven years after losing her father on the Titanic in 1912, Peggy came into her share of the Guggenheim copper fortune and departed for the bohemia of Paris and London. She flamboyantly dallied with writers and artists: two became her husbands (including Painter Max Ernst), many her lovers (including Playwright Samuel Beckett). Bored and between husbands in 1938, she began to collect art, later and anonymously sponsor young artists, adopting the motto "Buy a painting a day." When the Louvre declared...

Author: /time Magazine | Title: Milestones, Jan. 7, 1980 | 1/7/1980 | See Source »

...Oriental ceramics director, Sir John Figgess, asked his host "if there was a cloakroom [bathroom] handy." There were two cloakrooms, allowed Verulam: "You take this one and I'll take that one." In the John that Sir John took, he found a mid-14th century underglaze copper red-and-white wine jar. The Ming jar sold-at Christie's, naturally...

Author: /time Magazine | Title: Going... Going... Gone! | 12/31/1979 | See Source »

...being worked, the goldsmiths annealed it-heating it and quenching it rapidly in water. For joining different pieces, they developed several methods, including a sophisticated process also known to Etruscan and Greek goldsmiths; it is called granulation, a form of oxygenless welding in which a drop of copper acetate (made by dissolving copper in vinegar) and glue was used to fuse the gold...

Author: /time Magazine | Title: Science: A Glimpse of El Dorado | 11/26/1979 | See Source »

...temporarily checked. Despite nervousness in world financial markets caused by events in Iran, the dollar has been strong for the past month. Typically, one Frankfurt banker says with a sigh of relief: "For the first time I can confidently see a stable rate for the dollar." Silver, platinum and copper markets, which had soared like comets in early October, have returned to some calm...

Author: /time Magazine | Title: Business: Volcker's Pinch Begins | 11/19/1979 | See Source »

Beuys' sculpture is so wrapped in personal myth that it all looks equally good to his devotees. To those who are less committed, it seems very uneven. His stacks of felt rectangles, topped with copper or iron plates, have the dumb, disengaged look common to most minimal art. It does not help much to learn that the slabs of felt are meant to resemble the plates in a wet-cell battery; no current runs, and inertia is inertia. His most extravagant object-20 tons of mutton fat cast into the form of a corner of a pedestrian underpass leading...

Author: /time Magazine | Title: Art: The Noise of Beuys | 11/12/1979 | See Source »

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