Word: presidental
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Dates: during 1970-1979
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Beyond opposing specific provisions, the protest also reflects a conviction that Law 815 is a government tool aimed at weakening the student union while encouraging the "silent majority" of unorganized students. For its part, the government has made matters worse by accusing the students of seizing the campuses simply because...
Thus collecting valuable objects is no longer the preserve of the rich. At Sotheby's Los Angeles branch, which recorded a 1978-79 turnover of $13.7 million, 50% of all items on sale go for less than $300. Says Sotheby's Los Angeles president, Peter McCoy: "It makes...
An important auction combines the tension of an operatic first night with the ambience of a celebrity party. A top auctioneer has the talents of a croupier, a fight promoter and a matinee idol. As SPB President John Marion, who has wielded the gavel for 18 years, said to TIME...
As audiences have changed, so have the mechanics of auctioneering. Twenty years ago, salesrooms were decorous, dusty-and dull. They were frequented mostly by dealers or agents for anonymous collectors. Save for the hobbyist or scholar who might attend a sale of arms and armor or rare folios, amateurs seldom...
A far more controversial move was made by Sotheby's last summer. The company announced that it had entered into an agreement with Citibank, the second largest banking organization in the U.S., to assist the bank's millionaire clients in acquiring artworks for investment. Though Sotheby's...