Word: toed
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Dates: during 1970-1979
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> In five days of November, impressionist, modern and contemporary art sales at SPB netted nearly $21 million, close to the firm's entire 1967-68 turnover.
Those wily old Romans started it all. They developed the form of sale that became the auction, and used it to sell everything from statues to tapestries to palaces and, finally, the relics of their republic. They knew well that audio (literally, an increasing) was where the action was. They...
Not since the first hammer dropped to the highest bidder have sales of valuables commanded such audiences, such publicity, such prices. While anything that is relatively rare is sure to fetch a pretty penny at auction these days, things of beauty and lasting worth-"objects of virtue" to the trade...
No sale in years has come closer to craziness than Sotheby Parke Bernet's Auction 4290 in Manhattan on Oct. 25. It took only three minutes and 45 seconds to gavel down Frederic Edwin Church's The Icebergs for $2.5 million. That was the third highest bid ever...
Sotheby Parke Bernet's 4290 was a landmark sale: the prices realized at the auction will serve as reference points for years to come. Thus in the hierarchy of cash a relatively obscure artist by world standards ranks, for now at least, above any Dutch old master, any English...