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Sotheby's Bidding for Class

Lacey, Robert

64 ratings by Goodreads
ISBN 10: 0316644471 / ISBN 13: 9780316644471
Published by Little Brown and Company, Boston, 1998
Condition: Near Fine Hardcover
From Gumshoe Books (West Columbia, SC, U.S.A.)

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About this Item

handsome copy. the inside story of sotheby's and the great auction wars from the 18th century to the windsor sale. Size: 8vo. Bookseller Inventory # 012387

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Bibliographic Details

Title: Sotheby's Bidding for Class

Publisher: Little Brown and Company, Boston

Publication Date: 1998

Binding: Hard Cover

Book Condition:Near Fine

Dust Jacket Condition: Near Fine

Signed: Signed and By Author

Edition: First Edition.

About this title

Synopsis:

This volume explores the history of Sotheby's auction house, tracing its beginnings back to 1744. It was in the latter half of the 19th century, when economic instability forced the aristocrats to sell off many of their treasures, that Sotheby's began to lay the foundations of the modern art market. The Sotheby's-Christie's rivalry intensified in the early-1900s and they have been battling it out ever since over the likes of Cezanne, Picasso, Van Gogh and Monet. Lacey takes the reader through the unprecedented boom of the 1980s, when Van Gogh's "Irises" went for $53.9 million, and examines the catastrophic effects of an inflation still being felt today.

Review:

Piles of money, international power plays, cutthroat business tactics, unique personalities, and the politics of social class--that should be enough for a really juicy read, don't you think? But why stop there when you can also have smuggling, Swiss bank accounts, espionage, royal families, and mansions on the Riviera? Did anyone mention art? This riveting history of Sotheby's, the world's richest auction house, has that too, of course, but mainly as a lifestyle accessory.

With impeccable style, a deft touch with the telling detail, and an elegant way of delivering gossip with the proper journalistic distance, Robert Lacey has plotted a company history that reads like a thriller. There are unbusinesslike gems on nearly every page: "The tasty young ladies of 'Client Advisory' [a new Sotheby's department] were the next step in the process--the conversion of the rich and curious into solid bidders and buyers." Business and pleasure sometimes mingle: "Puzzled as to why the accounts department, which incurred regular bills for weekend overtime, was taking so long to produce figures, [the new corporate manager] asked John Cann, the director of administration, to investigate. 'They are having orgies,' Cann reported. 'They are coming in on Sundays and having sex.'"

But such stories are just the baubles on Lacey's minutely detailed history of Sotheby's rise from its humble origins in the rare-books trade of 1744 to the public company of today. Lacey is good on the art part, which, although essential to the story, is also somewhat ephemeral. He provides thoughtful cameos of the eccentric connoisseurs of old masters, Italian glass, Georgian silver, or Oriental furniture whose brilliance and sensitivity gave the auction business its special cachet. Of the highborn Peter Wilson, Sotheby's longtime chairman and a legend in every corner of the art world, for example, Lacey writes: "He would roll a carved ivory netsuke worth a few pounds between his fingers with the same delight with which he greeted an old master worth tens of thousands, for the secret of PCW's eye was his ability to be genuinely interested in almost anything." In Lacey's capable hands, the reader finds every facet of this story equally spellbinding. --Margaret Moorman

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