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They started to cut Gainsborough's The Harvest Waggon (valued at $450,000) and Van Dyck's Daedalus and Icarus from their frames and then abandoned them. Though both are relatively low-rated by today's art buyers, the thieves probably were not exercising esthetic discrimination. For one thing, they had time to pilfer $40 from a cashbox, proving their main interest to be monetary. For another, they left a Tintoretto, another Renoir and a Degas untouched...

Author: /time Magazine | Title: Art: Thieves in the Night | 9/28/1959 | See Source »

WHEN Rockefeller turns a profit, he gives most of it to some 200 charities. But he likes to live well. He collects paintings (about 100 by Gainsborough, Bonnard, Vlaminck, etc.), houses (a Fifth Avenue duplex, an estate on the Hudson, a 15-room summer home on Fishers Island-a millionaire's retreat 135 miles from New York), cars (a Bentley, a Cadillac, four others). He loves speed, often commutes in his fast 65-ft. aluminum P-T boat to his office in the RCA Building at Rockefeller Center (of which he is chairman). He enjoys muscle-straining outdoor exercise...

Author: /time Magazine | Title: Business: Space-Age Risk Capitalist | 8/24/1959 | See Source »

...estimated as high as $168 million (e.g., 200,000 acres of farm land; seven residences; Annacis Island near Vancouver; 285 acres of choice London real estate, including the U.S. embassy site on Grosvenor Square). The duke's byword: "The Grosvenors never sell land." In 1921 he had unloaded Gainsborough's Blue Boy and Reynolds' Mrs. Siddons as the Tragic Muse for $774,000 to pay off back taxes. Last week his heirs, faced with some $30 million in death duties (of which more than $21 million has already been paid to date), put up for auction...

Author: /time Magazine | Title: Art: Adoration of the £ | 7/6/1959 | See Source »

...furniture, tapestries, stamps, etc.; in Mt. Airy, Pa. Parke brought down his hammer on some of the most grandiose sales in art history. Maintaining an air of disinterested opulence, he could up bids hundreds of dollars with a shrewdly timed word, thousands with a sentence. In 1928 he sold Gainsborough's The Harvest Wagon to Lord Duveen for $360,000, also peddled such miscellaneous treasures as the manuscript of the Gettysburg Address and a lock of George Washington's hair...

Author: /time Magazine | Title: Milestones, Apr. 13, 1959 | 4/13/1959 | See Source »

...After the last significant lift of an eyebrow and meaningful tug at a vest. Carstairs Gallery's Keller had outbid all others by offering a fabulous $616,000. It was the highest price ever paid at auction for any painting (previous auction high: $360,000 paid for Thomas Gainsborough's Harvest Wagon in Manhattan...

Author: /time Magazine | Title: Art: Testing the Highs | 10/27/1958 | See Source »

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