Word: auction
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Dates: during 1970-1979
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...amplified announcements by Humorist Art Buchwald, in full ringmaster's regalia. Seven of Ethel's eleven offspring were on hand, and so was Uncle Ted-Ted Kennedy, the painter, that is. Next day, his painting Red Shack brought the high bid of $3,000 at an art auction in Boston for the benefit of the Kennedy Library Fund (seascapes by his sisters, Patricia Lawford and Jean Smith, fetched only $1,500 and $900 respectively). The purchaser was Miami Millionaire Ollie Cohen. Said Ted: "I'm sure he bought the artist and not the name...
Part way through Heublein Inc.'s third annual wine auction in San Francisco last week, Auctioneer J. Michael Broadbent apologized for being unable to distribute samples of his next offering, Lot No. 56. He did not have to explain why. Lot No. 56 consisted of a single 24-ounce bottle of Château Lafite, vintage 1846, that was described as "quite unfaded and fantastic." After several minutes of quiet, tense bidding, it was sold to Laurence Bender, a 25-year-old officer of Boston's venerable wine and spirits merchants, John Gilbert Jr. Co. The price...
Thus it was with Velásquez's portrait of his mulatto assistant, Juan de Pareja, which brought $5,544,000 at Christie's last November-the highest price ever paid for a work of art at public auction. The winning bid belonged to Wildenstein & Co., and young Alec Wildenstein explained at the time, with a straight face, that the family gallery had bought it because his great-grandfather had been in love with it and left instructions to snap it up if it ever came on the market. But last week the Metropolitan Museum of Art announced...
...Gogh, L'Hôpital de St. Paul á St. Rémy, joined the no longer select club of certified million-dollar marvels by fetching $1,200,000. A smallish Gauguin self-portrait, far less impressive than several others he painted, brought $420,000-an auction record for that artist. Degas's 37½-inch-high La Petite Danseuse de Quatorze Ans, wearing the original cloth tutu and silk hair ribbon Degas used, broke the existing auction record for sculpture, selling for $380,000. Ironically, the little statue was received with such hostility when Degas first exhibited...
...told, the sale took in $6,506,300 for 74 works, the highest ever for any art auction held in America. Said Auctioneer Peter Wilson with satisfaction: "A real shot in the arm for the art market." He spoke as a merchandiser, not a critic...