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(Auction)Christie's American Paintings
Christie's, New York CityChristie's American Paintingsby
Lita Solis-CohenCollectors of American paintings descend on New York City in
May and early December for the American paintings sales, just as collectors of
American furniture and decorative arts gather in New York City in January. The
auction houses have parties, dinners, and lectures. ... (Read More)
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(Feature)Machmer Collection and Important Pewter to Be Sold at Pook & Pook
by Karl PassPook & Pook, Inc. of Downingtown, Pennsylvania, will sell the Richard and Rosemarie Machmer collection on October 24 and 25. The collection is largely composed of Pennsylvania German decorative arts and Native American art. The Machmers, longtime residents of Hamburg, Pennsylvania, collected throughout southeastern Pennsylvania. They purchased many ... (Read More)
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(Issue Story)Wendy Shows Will Go On
The Shows Go Onby Lita Solis-CohenThe rumor that Meg (Wendy) Geslin may release some of her dates at the Seventh Regiment Armory in New York City is not true. Geslin said, ?I am surprised that anyone would say that. Westchester Enterprises Inc. has confirmed dates for December 3-8. The show ... (Read More)
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(Feature)Sotheby's to Offer $300 Million of Notes
Sotheby's will offer to qualified institutional buyers $150 million of senior unsecured convertible notes due 2013 and $150 million of senior unsecured notes due 2015, according to a press release from the firm. The firm expects to grant the initial purchasers of the convertible notes an option to purchase up ... (Read More)
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(Fragment)New York Houses Raise Buyer's Premium
Christie's and Sotheby's have raised their buyer's premium.On Friday, May 23, Christie's released the following statement: "Following a recent business review, Christie's have decided to increase buyer's premium as noted. This is to ensure that we remain competitive and that our fees are commensurate with the quality of service we ... (Read More)
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(Fragment)Outsider Art Fair Changes Date and Location
Sanford Smith's 2009 Outsider Art Fair in New York City moves to a new home and a new date. For 16 years, the show occupied the Puck Building in SoHo during the latter weeks of January. Now that the Puck is converting into a catering hall and restaurant, the Outsider ... (Read More)
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(Fragment)Federal Trade Commission Establishes Antiques Buying Guidelines
by Robert KyleFinally, the federal government is doing something to clean up the antiques profession. In a consumer alert on its Web site, the Federal Trade Commission (FTC) acknowledged that "imitations or reproductions are used to defraud customers." It marks a significant step in addressing longstanding problems in the trade ... (Read More)
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(Auction)Collectors Vie for Works by Early and Famous Inuit Artists
Waddington's, Toronto, Ontarioby John NorrisAll prices in Canadian fundsRecession? What recession? Not in Toronto. At least not yet.Only five months had passed from a financially very successful auction of Inuit art when Waddington's presented collectors and dealers with yet another array of over 500 lots of Inuit art in Toronto, ... (Read More)
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(Auction)Across the Board and Across the Sea
Cottone, Geneseo, New Yorkby Fran KramerAmong the 350-plus lots at Cottone's March 22 consignment auction in Geneseo, New York, about an hour southwest of Rochester, the mix was eclectic as usual: art, art glass, lamps, Oriental rugs, decorative objects, American folk art, American Indian artifacts, and furniture that spanned the ... (Read More)
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(Auction)Drugstore Sign Stands Tall
Cyr Auction Company, Gray, Maineby Mark SiscoCyr Auction Company's April 16 Americana auction in Gray, Maine, had only one item that pushed up into five figures. The star of the show was a large "McMonagle & Rogers" drugstore sign, probably dating from the third quarter of the 19th century.These guys ... (Read More)
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