Word: priced
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Dates: during 1960-1969
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...Moog's great distinctions are its size, price-$6,850 for a professional model-and vastly improved flexibility over earlier synthesizers (the first one, built by RCA in 1955, was a room-size monster that cost approximately $100,000). Because its voltage controls can precisely "shape" tones as they are being produced, the Moog affords more spontaneous variations of sounds than other comparable synthesizers, and far more subtlety and musicality...
...these early designers not only produced objects that were intrinsically valuable but incorporated superb designs that have not yet been matched. The result has been a spectacular boom in the silver market that has left even its dealers somewhat stunned. In the past four years, they figure, the average price of silver pieces has approximately doubled...
Mystique of Style. Inflation only enhances the upward sweep of prices, since many silver collectors buy as a hedge against it. Devaluation of the pound sent antique silver prices in London leaping upward like startled fawns. Then, of course, there is the whole mystique of style. Most congenial to the eyes of modern collectors is the gracefully severe Queen Anne style, which was developed by French Huguenots who fled across the Channel to England to escape religious persecution in 1685. The rococo elegance of mid-18th century English designers like Paul de Lamerie has an extravagant appeal...
Those were mere trinkets compared with his prize, an extremely rare cup-sized tankard, dated 1656 and last sold from the William Randolph Hearst collection in 1939 for $1,400. Shrubsole cheerfully paid $29,000 for it. "A very reasonable price," he gloated. "I've never seen a tankard like this in the 40 years I've been in the business. I saw it when it sold at the Hearst collection, but I didn't have the $1,400 then. Ha, but today I do have the $29,000." Ha, indeed. In the present state of demand...
...Justice Department from taking over Armour & Co., Charlie Bluhdorn attempted to resell his 750,000 shares to the meat packer for about $60 per share. He thought he had a deal?and an $18 million profit?but Armour Chairman William Wood Prince tried a squeeze play to drive the price down to $50. His method was ingenious. Armour made a public offer to repurchase 20% of its own outstanding shares at $50 each. If successful, the move would have increased Bluhdorn's stake in Armour from 9.8% to 12½%, thus making Gulf & Western an "insider"* under the rules...