Word: londoners
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Dates: during 1960-1969
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...Hoving dropped the word recently that the Met was planning to "reattribute" several of its Rembrandts, there was a gasp from museumgoers. Fake Rembrandts at the Metropolitan, of all places? It seemed altogether too shocking to be believed. But art scholars in Rembrandt's own Amsterdam, London and Paris scarcely blinked at the news. Like every other great museum, the Met is constantly in the process of re-evaluating and recataloguing the entire collection of paintings, and in fact the current examination of its 31 Rembrandt oils, one of the world's three largest collections (together with those...
...with a question mark since 1954. As many as three more are now getting close inspection, including such works as Man with a Steel Gorget and Old Woman Cutting Her Nails. Nor is the Met alone in giving fresh attention to Rembrandt's paintings. The National Gallery of London in 1960 demoted three of its then 21 Rembrandts to the status of "attributed to" or "school of." The National Gallery of Washington, which currently has 24 Rembrandts, two years ago relabeled its Old Woman Plucking a Fowl as "Rembrandt-Upper part of figure repainted by a later hand...
...London's gold market, hitherto responsible for 80% of the world's gold trading, reopened after a two-week shutdown aimed at stifling the gold-buying stampede that threatened the dollar. Now the question was whether the free-market price of the metal, no longer supported by the disbanded seven-nation gold pool, would climb so far above its $35-per-oz. official monetary level as to rekindle speculative frenzies...
...from $38 per oz. at the opening to $36.70, then edged up to $37 at week's end. On the Continent, where gold brought as much as $44 per oz. at the height of the March gold rush, the price dropped last week in phase with that in London; nowhere did it vary more than 50? per oz. from the British quotations...
...financial dealings, also made trading tougher for speculators. The bank forbade sales of gold for future delivery, barred banks or gold dealers from lending foreign currency to nonresidents to finance gold buying, and even prohibited them from accepting gold as collateral for loans in foreign monies. For their part, London's five bullion dealers raised their commissions from 1? per oz. of gold traded (charged to both buyers and sellers) to 10? per oz. (charged only to buyers). The change is intended to induce South Africa the world's leading gold producer, to continue to sell through London...