February 12, 2013
I just got back from Sotheby's, where I failed to bring home the bacon--an exquisite 1931 etching by Giorgio Morandi on which I bid unsuccessfully this afternoon--but had an exhilarating, educational, and slightly scary time anyway.
Sotheby's New York is near the eastern end of 72nd Street. As soon as I got there, I went straight to the seventh floor, where I registered and was given a numbered paddle, which you need in order to place bids. (No, you can't accidentally buy a million-dollar painting by scratching your nose at the wrong moment, unless you're dumb enough to scratch it with the paddle.) Much to my surprise, all I had to do was show a photo ID. I wasn't asked to furnish proof of solvency. Had I wanted, I could have bankrupted myself several times over, and no one would have been the wiser until it came time to settle the tab....
Read the whole thing here.
Posted February 12, 2013 12:00 AM