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...their treasures. Two years ago, Art Collector Armand Hammer, who is also chairman of Occidental Petroleum Corp. and a tireless promoter of business deals with the U.S.S.R. (TIME, Jan. 29, 1973), arranged for the first showing in the U.S. of a group of Hermitage paintings, all French impressionist and post-impressionist works. This spring Hammer persuaded the Soviets to send over 30 paintings more widely representative of European...

Author: /time Magazine | Title: Art: Loan from Leningrad | 8/4/1975 | See Source »

Convictions. Last year, a group of more than 80 impressionist and post-impressionist works from the Hermitage and Pushkin collections traveled to Holland's Kroller-Muller Museum. On April 2 a smaller version of that show with a few additions-41 paintings in all-opens at the National Gallery in Washington, D.C., before going to New York's M. Knoedler & Co., Inc. in May. It is an event not only for the National Gallery but also for Knoedler's, whose chairman, Occidental Petroleum's Armand Hammer (TIME, Jan. 29) was instrumental in persuading the Soviet government...

Author: /time Magazine | Title: Art: Riches from Russia | 4/2/1973 | See Source »

...David Stein, 35, is a highly skilled British forger of post-impressionist paintings. After a London gallery exhibited his fakes-billing the show as "Master Forger David Stein Presents Braque, Klee, Miró, Chagall, Matisse, Picasso"-a Manhattan gallery eagerly tried to follow suit. New York State's attorney general took the gallery to court, contending that the paintings would be a public nuisance. But New York Supreme Court Justice Arnold Fein sided with Stein and the gallery. Since Stein signed his name to the paintings and gave fair notice that the works were "in the style...

Author: /time Magazine | Title: The Law: Decisions | 10/19/1970 | See Source »

...highest ever for a French painting. Reliable sources put it at $1,600,000 -$50,000 more than Norton Simon paid for Renoir's Le Pont des Arts in 1968. It reflected-and will encourage -the hugely inflated prices collectors seem willing to pay for Impressionist and post-Impressionist painting...

Author: /time Magazine | Title: Art: Trophy of Tenacity | 10/12/1970 | See Source »

Every known Raphael or Bruegel has long since found a permanent home. But there is still a floating supply of Impressionist and Post-Impressionist works that demonstrate the buyer's sound yet "modern" taste. As a result, there seems no way for such works to go but up. Even the $230,000 paid for a minor Matisse, Fete des Fleurs a Nice, more than doubled the artist's record price of $106,152, set only a year ago. For Impressionists, the trade's present rule of thumb is that what $1 would buy in 1893 would cost...

Author: /time Magazine | Title: Art: Excelsior! | 3/9/1970 | See Source »

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