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Recession, auctions, and a mammoth in your lobby



A recent news story on the Chait natural history auction reports that the poor showing at this weekend's auction reflects the poor economic times. The Dryosaurus skeleton was being sought be a US and an "international" museum but the bids fell short of the $300K minimum, even though the Chait was willing to waive their commission.

However, other items did sell such as:
"A skeleton of a 7-foot-high baby woolly mammoth was also on the block and sold for $45,000 to a private collector who hoped to put it in the lobby of his Los Angeles <http://www.nydailynews.com/topics/Los+Angeles> office."


Details can be read at

http://www.nydailynews.com/money/2009/03/21/2009-03-21_im_chait_gallery_failing_to_sell_dinosau.html

Dan