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Word: late (lookup in dictionary) (lookup stats)
Dates: during 1970-1979
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...that by a cough or casual gesture the unwitting onlooker may become a high-rolling bidder. Only half in jest, Louis Marion, who headed the old Parke-Bernet firm and was the father of SPB's President John Marion, once cautioned: "Women who use then- catalogues to salute late-coming friends do so at their peril." In practice, a buyer who wishes to remain anonymous prearranges his signals with the auctioneer. Thus a bid may be wigwagged by a nod, a wink, a patted handkerchief, a crooked finger, an arched eyebrow. Says one Manhattan auctioneer of a prominent patron...

Author: /time Magazine | Title: Going... Going... Gone! | 12/31/1979 | See Source »

...with the tremendous increases in fine arts prices and the expansion of public interest, big auctions have become flash bulb and video-tape fiestas. To a large extent the transformation has been wrought by Sotheby's, the world's largest, canniest and most aggressive house. In the late '50s Sotheby's introduced such techniques as international telephone hookups, bidding by closed-circuit TV, the gala evening sale crammed with formally clad celebrities, assiduous ballyhoo and greatly increased sale schedules. More recently, Sotheby's pushed its mass-marketing strategy even further by signing an agreement with...

Author: /time Magazine | Title: Going... Going... Gone! | 12/31/1979 | See Source »

...partly because boom conditions create an unreal system of reputation, with most of the benefits going to a handful of stars at the top and scarcely anything to the rest. The American art education system, churning out as many graduate artists every five years as there were people in late 15th century Florence, has in effect created an unemployable art proletariat whose work society cannot "profitably" absorb. Generous tax laws, which enabled collectors to buy low, keep a picture for years and then reap a tax benefit by giving it to a museum at its enhanced value, fueled...

Author: /time Magazine | Title: Time Essay: Confusing Art with Bullion | 12/31/1979 | See Source »

...successful anachronism: a consummate, self-conscious and often florid dramatist of the pulpit. A transplanted Welshman with volatile eyebrows and a powerful Thespian gift, he is not a large man, but he fills the brooding gothic gloom of the Near North Side church with his resounding voice, as the late Dylan Thomas might if he were reading Yeats, or Richard Burton would if playing Hamlet. Like the poet Thomas, Davies grew up in Swansea, Wales. He claims that Burton patterned his style on Welsh preachers, the only regular actors on display during his youth...

Author: /time Magazine | Title: Religion: American Preaching: A Dying Art? | 12/31/1979 | See Source »

...Francisco 49er playbook. The quarterback spins and fakes to the fullback who is following a pulling guard and tackle. But the ball is handed to O.J. Simpson, who takes it up the middle. But there was a difference last week as the 49ers called 30-pull late in their season finale with Atlanta: Simpson was carrying the ball for the last time after eleven years of professional football and a thick sheaf of records: most yardage in a single season; most career 200-plus-yard games (six); most consecutive 100-plus-yard games (seven...

Author: /time Magazine | Title: People, Dec. 31, 1979 | 12/31/1979 | See Source »

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