Furniture by George Nakashima headlines Ahlers & Ogletree auction
1966 walnut Minguren coffee table with rosewood butterfly and several free and raw edges by George Nakashima (est. $20,000-$30,000), one of five Nakashimas in the sale.
ATLANTA, GA
.- A collection of five furniture pieces by the renowned American woodworker George Nakashima (1905-1990), a polished bronze sculpture on a Lucite base by Arnaldo Pomodoro (Italian, b. 1926), and a 19th century Regency-style mahogany library table are just a few of the expected top lots in Ahlers & Ogletrees two-day, two-session Spring Fine Estates & Collections auction scheduled for March 27th and 28th, starting at 10 am Eastern time both days.
Toledo Museum of Art adds works of art to its collection
Timothy O Sullivan ( American, born Ireland 1840-1882), Officers, 1864, unmounted Albumen print, 7 5/8 x 9 3/4 in. Photo credit: Chris Ridgway, Toledo Museum of Art.
TOLEDO, OH
.-The Toledo Museum of Art has added a 21st-century painting by contemporary artist Xiaoze Xie, a Venetian/Ottoman circa 17th-century footed bowl with gold mounts and leather case, and a group of 19th- and 20th-century American and European photographs to its storied collection. The works expand and enhance TMAs holdings in these areas and diversify the conversations the Museum can foster throughout its galleries and programming.
Coonoor tea auction prices rise; 85% sold
March 16, 2021
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After a fortnight of price fall, the average price at Sale 10 of the auctions of Coonoor Tea Trade Association rose to ₹122.67 a kg from ₹121.86 in the previous auction.
Despite this price rise, 85.48 per cent of the offer was sold against 83.30 per cent in the previous week because of better demand and rise in the quality of the teas on offer.
Crosshill Estate Special Pekoe Dust grade, auctioned by Global Tea Brokers, topped the entire auctions when Vora Sons bought it for ₹ 277 a kg.
Crosshill Estate Special’s Red Dust and Pinewood Estate got ₹ 271 each, Riverside Estate ₹ 234, Shanthi Supreme ₹ 222, Hittakkal Estate and Kannavarai Estate ₹ 215 each, Waver Tree ₹ 213, Vigneshwar Estate and Hiribel Excel ₹ 211 each and Bellatti Estate ₹ 203.
National Building Museum announces Aileen Fuchs as new Executive Director
Aileen Fuchs. Photo: Michael McWeeney.
WASHINGTON, DC
.-The National Building Museum announced that Aileen Fuchs has been selected by the Board of Trustees as its new President and Executive Director. Currently the President and CEO of the Snug Harbor Cultural Center & Botanical Garden, Fuchs will be the fifth director of the Museum, which last year celebrated the 40th anniversary of its creation by Congress. Her appointment comes at an opportune time in the institutions history, as it reopens this spring with powerful exhibitions, a new Visitor Center, and plans for an exciting program of summer installations.
The Government of India (GoI) has announced the Sale (Re-issue) of (i) 5.15% Government Security, 2025 for a notified amount of Rs 11,000 crore (nominal) through price based auction, (ii) 5.85% Government Security, 2030 for a notified amount of Rs 11,000 crore (nominal) through price based auction, and (iii) 6.76% Government Security, 2061 for a notified amount of Rs 7,000 crore (nominal) through price based auction. GoI will have the option to retain additional subscription up to Rs 2,000 crore against each of the above securities. The auctions will be conducted by the Reserve Bank of India on March 19, 2021 (Friday) using multiple price method. Up to 5% of the notified amount of the sale of the Securities will be allotted to eligible individuals and Institutions as per the Scheme for Non-Competitive Bidding Facility in the Auction of Government Securities.