Word: thats
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Dates: during 1970-1979
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And so the word "collectibles" has entered the language. To the serious accumulator, a collectible is any object of intrinsic value and aesthetic appeal. Forget the bottle tops. The field by definition includes such esoterica as crystal paperweights and samurai swords, but anything that can loosely be called art draws...
Over the past six months, such objects as ivory and jade pieces and antique silverware have all recorded huge price increases at auction. Among several categories of fine arts that experts believe to be underpriced but rapidly appreciating in value: 17th century old master drawings and prints; Victorian furniture, paintings...
The average buyer today is fairly young, probably in his 40s, and well-to-do. "Along with old money and society," says Atlanta Auctioneer David Ramos, "the young guy who scored in real estate is becoming an increasing part of our clientele. Also there are successful young lawyers who are...
Many other factors have combined to pump up the proceeds. First-rate works of art are in short supply, and becoming ever more scarce, as the auction catalogues-if not the sales figures-sadly reflect. The prizes go mostly these days to citizens of nations that do not extract excessive...
The price spiral is also sustained by a vastly increased public interest in art. More than 175 million Americans visited museums last year. Americans are better educated and more intrigued than ever with objects of lasting value. They share a hunger for possessions that have not been stamped out en...