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When Ishmael Called

February 1st, 2009
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While pursuing that catch at auction, don’t forget to read the catalogue’s fine print.

Ishmael perfectly epitomized the old art market: He was blind and rich, and he collected works with the abandon of a drunken sailor. Unfortunately, he didn’t fully understand the dynamics of the auction process, which in today’s floundering economy turned out to be a whale of a mistake. Read more…