Word: newe
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Dates: during 1970-1979
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...Addicted Amateur With gray-black locks dangling in ringlets over his black velvet jacket, Stuart Pivar, 49, resembles an apparition from one of the dark Victorian paintings of which he is an avid collector. A New Yorker who owns several plastics companies, he accumulates paintings and bronzes because "there is nothing more exciting than to have great objects of art around." He concentrates on 19th century academics, pre-Raphaelites and symbolists, because at the time he began collecting 20 years ago they cost relatively little. Hofstra-educated Pivar has steeped himself in his field since then, reading exhaustively and traveling...
...past 15 years or so, collectors, dealers, auction houses and their willing accomplices, journalists, have been moved to pleasure, then wonder, and now to a sort of popeyed awe at the upward movement of art prices. If art was once expected to provoke un nouveau frisson, a new kind of shudder, its present function is to become a new type of bullion. Thus, we are told by art industry flacks, people now respect art. They flock to museums to see it; its spiritual value has been confirmed, for millions, by its wondrous convertibility into cash. You can't argue...
...mean? On the most obvious level, it means what everyone knows: that money is losing value. But it also means that we are in the grip of a wave similar to what, in 17th century Holland, was known as the Tulip Mania. The tulip was then a comparatively new import from the Near East, and mutant specimens, with irregular stripes, were prized as rarities-so prized that men would mortgage their villas and their fields. The tulips had little intrinsic value. Their worth as commodities was a function of pure, irrational desire, and their economic fate proved that nothing...
...Quite simply, it is now difficult and, for most people, impossible to walk into a gallery and look at a work of art without its "value"-which means simply price, real or hypothetical-intruding on their reflections. After Velazquez's Juan de Pareja was bought at auction for New York's Metropolitan Museum for $5.5 million in 1970, the then director of the Met insisted, in his usual peppy, overbearing fashion, that the fuss about the price was all nonsense: in ten years' time nobody would care or even remember what the Met had laid...
MARRIED. Michael Learned, 40, Emmy Award-winning Mama on television's The Waltons; and her live-in companion of three years, William Parker, 33, a TV scriptwriter; she for the third time, he for the first; in New York City...