Adventures in American Bookshops, Antique Stores and Auction RoomsBruno, Guido
General
Adventures in American Bookshops, Antique Stores and Auction Rooms
Bruno, Guido
Antiquarian booksellers -- United States; Booksellers and bookselling -- United States
When a man has made money in America he at once becomes a victim to the
craze for an artistic home. The tradespeople with whom he comes in
contact in order to achieve his artistic desires speak of art and rugs
and paintings. He reads in the newspapers about Mr. So-and-So who spent
thousands of dollars for antique furniture or for pictures in auctions,
and he begins his walks on these dangerous and costly grounds where one
may buy for goodly sums the ephemeral fame of a collector and a lover of
objects of art. The reputation of an art expert seems to go with the
objects as well as the wrapping paper and string.
It is the dream of every antique dealer once in his life to enter one of
those coveted garrets where treasures of six generations are stored in
boxes, in cases and trunks. To enter this garret at the invitation of
some real estate owner or lawyer who represents an estate anxious to
sell the house and to clear out the ‘rubbish’; to buy the contents of
such a garret for a few dollars and to find a painting by Rubens or
Tintoretto or Martha Washington’s wedding slippers or a suite of
magnificent Colonial furniture ... sure enough these are red-letter days
in the career of almost every antique dealer. Only recently, for
instance, in an old garret on Ninth Street, an old Persian rug was
discovered which no second-hand dealer would have paid fifty cents for,
an expert rug man realized its value, gave eighteen hundred dollars for
it in competition with other dealers and sold it to a famous rug
collector for twenty-six thousand dollars.
Some time ago a buyer of Marshall Field in Chicago saw a painting in one
of the minor art shops of the city. He liked it and purchased it for
fifteen hundred dollars. It was marked six thousand dollars and put on
sale in Marshall Field’s art gallery. It is a standing rule of this art
gallery to resell once a year all their purchases. This particular
painting seemed unsalable. It was reduced and reduced for a number of
years, but it could not be sold. Finally a picture speculator bought it
for six hundred dollars, took it back to New York, sold it in an auction
sale for ten thousand dollars. The picture was sold and resold eight
times during the following six months and ultimately found a final
resting place in the mansion of a very well-known man on Fifth Avenue.
He paid for it one hundred and eighty thousand dollars.
Public-domain text, read in full here on John Shaqi.
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