Word: cataloged
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Dates: during 1980-1989
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...keep people from fighting over the machines. Those tired of the health-club hassle can buy home machines for much less than the $2,000 to $3,400 that professional models cost. The $400 Precor Fitness Climber routinely ranks among the ten top-selling items in the Sharper Image catalog...
...storm of criticism from the art world and a decision by conductor Leonard Bernstein to refuse a White House offer of a 1990 National Medal of Arts. Just hours before the show was to open last week, Frohnmayer reversed himself, agreeing to release the grant. The offending catalog, however, is being funded separately...
...auctioneers won that round, but Aponte is getting set for another. Stiffer rules are pending, including those governing loans. The current consumer affairs code says that "if an auctioneer makes loans or advances money to consignors and/or prospective purchasers, this fact must be conspicuously disclosed in the auctioneer's catalog." But did this mean that Sotheby's put a note in the catalog of its November 1987 sale saying it had given one Alan Bond a loan of half the hammer price, repayment terms to be negotiated, on Irises? Think again...
Sotheby's has never said anything specific about its loans in its catalogs, or given any information on its guarantees except that they exist. To Sotheby's, a mere announcement in the catalog that it offers such financial services is enough to comply with the law. But its use to the buyer is nil -- and is meant to be. Disclosure might be chilling to other bidders. Or at least vulgarly explicit. Which auctioneers would rather die than be. One is not, after all, selling rusty tin Mickey Mice and kitchen chairs in a rented hall in Vermont...
...happy from a legal standpoint," says Aponte. "O.K., Sotheby's says in its catalog that it offers financial services, but I'd like to see disclosure of the entire commitment. I would like to know if it is part owner of a painting, and if it has a fiduciary interest, I want to know what it is. If it lends Bond $27 million, I want that fact in the catalog...