Word: auction
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Dates: during 1980-1989
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DIED. David Carritt, 55. master sleuth of the old masters who rediscovered an unmatched array of rare and valuable paintings; of cancer; in London. Art historian, dealer and critic, Carritt had an unerring eye that enabled him to buy a misattributed Fragonard masterpiece at a public auction, under the noses of other top experts, at a tiny fraction of its present million-dollar value. "When you've become familiar with the work of a master, it's like recognizing a friend's handwriting," he once said. Among his finds were five Francesco Guardi canvases rolled...
...British Betting Tycoon Robert Sangster, 46, who has parlayed a shrewd interest in horseflesh and an oddsmaker's understanding of the business into a stable of 400 Thoroughbreds, paid $4.25 million for a 15-month-old colt. It was the highest price ever for a race horse at auction. Sangster outbid Sheik Mohammed bin Rashid el Maktoum, Dubai's Defense Minister and the heir apparent to the throne of the principality, who dropped out after offering $4 million. Sangster breezily announced he would have gone higher to get the magnificent dark bay, a son of Nijinsky II, Europe...
...Spielberg, 34, he too was dealing with-and for-legends last week. Making a long-distance telephone bid of $60,500 to an auction at Sotheby's in New York City, Spielberg acquired that most famous of cinematic props, the symbolic sled Rosebud from Orson Welles' masterpiece, Citizen Kane. It was the highest amount of money ever paid for a piece of movie memorabilia, but Spielberg was unfazed. "It would have been an insult," he said, "if it had gone for only $20,000"-the expected price tag. "Rosebud," promises the hot hit-making director, "will go over...
...autobiography of Kathryn Crosby was entitled Bing and Other Things (sample chapters: "How to Marry Bing"; "How to Have a Baby-or Three"). Well, Bing is gone, and soon a lot of the "other things" will be too, says Kathryn, 48. Late this month at Butterfield's auction house in San Francisco, she will put virtually her entire collection of Bing-a-brac on the block. Included is Bing's first recording, I've Got the Girl, made in 1926 with Don Clark and his Los Angeles Biltmore Hotel Orchestra. Also up for bids: Bing...
Some people have become so desperate to sell their houses that they are turning to one of the oldest methods of transaction: the auction. In Southern California, where the inventory of unsold houses is 25% higher than it was a year ago, Kennedy-Wilson of Santa Monica, the area's leading home auction firm, has sold 325 condominiums and 100 homes at auction during the past twelve months, for a total of $90 million. Two months ago, in l½ hours, the firm's auctioneers sold 62 condos at prices of $48,000 to $89,000. Says Kennedy...