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Word: somes (lookup in dictionary) (lookup stats)
Dates: during 1980-1989
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What drives the art market, some people say, is the desire to invest. Of course, it is more than that; genuine love of art, and even a curious yearning for transcendence, fuel it as well. But does art-investment success have an upper limit? Is there a limit to demand...

Author: /time Magazine | Title: Sold! The Art Market: Goes Crazy | 11/27/1989 | See Source »

Some museums, however, have continued to make remarkable purchases. The Kimbell Art Museum in Fort Worth, under the direction of Edmund Pillsbury, is a leader here (as New Yorkers can currently see from a loan show of its holdings at the Frick Collection). At least one museum, the Getty in...

Author: /time Magazine | Title: Sold! The Art Market: Goes Crazy | 11/27/1989 | See Source »

One recourse for some museums is to raise funds by selling work from their permanent collections, as MOMA recently did. In order to purchase an indubitable masterpiece, Van Gogh's Portrait of the Postmaster Roulin, for an undisclosed price, the museum sold and exchanged seven paintings. But this encourages museum...

Author: /time Magazine | Title: Sold! The Art Market: Goes Crazy | 11/27/1989 | See Source »

A high school dropout who emigrated from England as a boy, Bond had come up the hard way, fueled by an insatiable drive to acquire, combine, take over. At 49 he was one of the richest men in Australia. He controlled an empire of assets under the umbrella of his...

Author: /time Magazine | Title: Art: The Anatomy of a Deal | 11/27/1989 | See Source »

Early in 1989 Bond arranged to send the Van Gogh and five minor impressionist paintings he owned, packaged as "Irises and Five Masterpieces," on a tour of Australian museums, finishing at the Art Gallery of Western Australia in Perth. Irises was set in a double-glazed frame that ensured no...

Author: /time Magazine | Title: Art: The Anatomy of a Deal | 11/27/1989 | See Source »

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