Word: sales
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Dates: during 1960-1969
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...some 600 art dealers and fanciers (of whom Christie's calculated that at least 50 were serious bidders) showed up for the sale. Bidding started at $294,000, then leaped first by $1,500 bounds, then by $3,000, then by $30,000. It was a three-way race until Agnew's of London dropped out at $2,116,800, and from then on the bidding seesawed between Marlborough Fine Arts, Ltd., represented by David Somerset, who conspicuously signaled his bids with a large red pencil-and Norton Simon, the California industrialist and art collector (TIME...
...years of auctioning, Chance had never faced such confusion. However, Christie's catalogue for the sale clearly stated, "if any dispute arises between two or more Bidders, the Lot so in dispute shall be immediately put up again and re-sold." As bedlam took over, Chance declared: "I have no option but to reopen the bidding." In a matter of seconds, with Marlborough no longer interested, Rembrandt's Titus became Simon's. The price: $2,234,400, a bare $64,000 below...
Trailers for sale or rent...
Splitting the Proceeds. Aniline's Swiss owner, a holding company called Inter-handel, will net $121 million from the sale because of former Attorney General Robert Kennedy's controversial decision to settle its ownership claims out of court by splitting the proceeds. The Government's $208 million will go into a war-claims fund to pay U.S. citizens for property and (in some cases) relatives lost during World War II. As for the anxious new investors, they hope to profit by the improvement in General Aniline's prospects already begun under research-minded President Dr. Jesse...
...Street Bureau, which she herself founded in 1946 with a $200 loan. "I never thought for a moment that I could fail," says Mrs. Hurst. Her confidence in herself has not been misplaced. This week her Brook Street Bureau will take the unusual step of going public with the sale of 540,000 of its shares for more than $1,000,000. Another 1.8 million shares and a 73% control of Brook Street remain in the hands of Mrs. Hurst and her family...