Word: auctioner
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Sugarplums, humbug! After covering the pre-Christmas offerings at some of the world's finest auction houses for this week's cover story on the "collectibles" craze, several TIME collectors had visions of something more elaborate dancing in their heads. Their Christmas lists follow...
...Barbie dolls, is a traditionalist in these matters. "A Louis XV marquetry cabinet would be nice," he says, "though I would be quite content to receive a second painting by Jack Yeats [Poet William Butler Yeats' brother] to go with the one I have." Demarest began covering the auction scene-and, inevitably, acquiring some treasures for himself-while stationed in TIME'S London bureau from 1958 to 1961. "It was convenient," he says, "and I got very good advice. Sotheby's was around the corner from our offices, and its chairman, Peter Wilson, used to lunch...
Reporter-Researcher Georgia Harbison, who interviewed the owners and patrons of Manhattan's top auction houses, shares Demarest's taste for fine art. "Chinese lacquer chests interest me, and so do impressionist paintings. I wouldn't mind getting a Renoir for Christmas. It can be a very small...
...federal government is scheduled to auction off tracts of George's Bank to oil companies on December 18 unless a federal court blocks the sale...
...fishermen, whose families have worked these waters for 350 years, all this makes Georges Bank far too precious a place to sink an oil well. Another appeal has been filed to stop the auction, though its chances seem slim. If the leases are sold, the fishermen will have a grace period of from six months to a year while the oil companies make preparations to drill. That means time for a new and different case on different grounds. But the fishermen's hope will be the same: to keep their livelihood alive and well...