Word: londoners
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Dates: during 1970-1979
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...whole scene is slightly crazy," said Leslie Waddington, a leading London dealer who attended the sales-and observed that few of the offerings were of premier quality. "It's public insanity...
...flyswatters, orange reamers, apple parers, Kraft cheese jars (a.k.a. "swanky swigs"), Mickey Mousiana, player pianos, Coke bottle tops, beer cans, Barbie dolls, barbed wire and tractor seats-to name only a smattering. Gypsy Rose Lee's mink G string sold for $1,500 to a London banker. In the mid-1920s, the firm of Louis Comfort Tiffany dumped carloads of the then unpopular art nouveau glassware that bears his stamp; a well-preserved rare Tiffany lamp today can be worth up to $150,000. By one estimate, the U.S. boasts 22 million collectors of one kind or another, mostly...
There is an instant chic, a feeling of sophistication, in visiting auction rooms; decorated with pricey art and antique furniture, they resemble a cockney's dream of ducal halls. Sotheby's main salesroom in London, hung with chandeliers and often lined with valuable paintings, resembles a grand ballroom. Christie's, a few blocks away, has the slightly more venerable atmosphere of a London men's club. However, the principal attraction of an auction house before a sale is that it enables the viewer to make closer and longer observation of art works than he can possibly...
...some critics, the auction houses' success is excessive. While no one blames them for dizzy prices-they are not their bidders' keepers-even dealers who are making wild profits as a result of the art boom evince a certain distaste for the whole process. London's Waddington points out that the auction world's Big Two, unlike most thriving corporations, do not plow back even part of their profits into research, grants for young artists or gifts to museums. Says he: "They are simply dealing in commodities." There is a gavel-size black cloud over...
BORN. To Actor Christopher (Superman) Reeve, 27; and his English fiancée Gae Exton, 28, an agent; a son; in London, where Reeve is shooting Superman...