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Show Page B4 Thursday, May 21, 1981 The Newspaper ton We've gone Calico tvSu.03 0Rwe9L39 tf!CJ-3 tfJCwW-S NOW. LOOK. HERE. The Audi 5000s have arrived. The cars that Salt Lake loves the spacious Audi 5000, the elegant 5000S and the dynamic 5000 Turbo, have arrived. And at surprisingly low prices. You can get good value in a luxury sedan with- ,s out waiting. You just have to know where, and when, to look. Our" place. Now. Prices begin at $12,445. Dave Strong5S.SCHE 1045 South State Street Salt Lake City, Utah 84111 Phone: (801) 531-9900 Stock number 43090, subject to prior sale. mr ' ' 1 I ' ' S; 2.3 ACRES OF PRIVACY Custom built redwood home, 3 bedrooms, 3 baths, sauna, hot tub, large rock fireplaces, redwood vaulted ceilings. Holiday Ranch property with barn and fenced 1 acre pasture, zoning allows 2 horses, 1.5 miles from gondola. on vacation But will be open May 21, 22, 23 & 28, 29, 30 12:00-5:30 p.m. Regular schedule June 1. Sorry for any inconvenience Katies 265 M1S I W1W www ilir ft CHARMING OLDER HOME 27 HILLSIDE AVENUE Located between Main Street and Deer Valley on scenic Hillside Avenue, this charming fifty year old home has many features (such as hardwood floors in the living room and dining room) not found in the homes of today. With a little work and imagination this home could comfortably serve its owners for another fifty years. Over 1 ,700 square feet for only $129,900. 649-8601 a mr-mr -Clf L.v v'-:-- 7 -.a- riCiiym, ww 1 - - - - ' I . k lap -1 U -' f i ;.,. - M , .. 1 HDl 2 S : : - S.:r b . y t Aft- Institute's drawing workshop brings talented artist to Kimbal The Kimball Art Center's second annual Park City Summer Arts Institute opens June 3 with a drawing workshop taught by national ly-recognized artist Joseph Mugnaini and Utah State University's Adrian Van Suchtelen. Mugnaini will teach June 3 through 6, and 4 NO. 351 B HIGHLAND ESTATES PRICE $125,000 Custom Log Cabin on 1 acre horse property. Large redwood decking with southern exposure surrounds a redwood Hot Tub. View of three ski resorts. Total square footage is 2,600 with 1,300 finished and 1,300 downstairs down-stairs roughed in ready to finish. Upstairs contains 3 bedrooms and 2 baths. This property is flat and perfect for horses. There is a 2 car garage, 2 water heaters, wood burning stove, 1 year old. 1 Van Suchtelen will take over from June 8 through 12. Mugnaini will bring a wealth of experience and talent to this year's Institute. Educated at Los Angeles' Otis Art Institute from 1940 to 1942, he eventually went on to become a professor and head of the drawing department depart-ment at that institution until his retirement in 1976. In addition to the three books he has written on drawing and painting, he has illustrated such books as "Ben Hur," "Age of . Fable,1'. .."Time, Machine," "War., of the Worlds," and the "Martian Chronicles," all published by Limited Editions. His work also has been included in books published by Scrib-ners, Scrib-ners, Random House, Dou-bleday, Dou-bleday, MacMillan, Ballan- tine, and Heritage Press, among others. The Altadena, Calif, resident resi-dent also has had considerable consider-able experience in films. He produced 350 paintings for Format Films' "Icarus." The movie, based on Ray Bradbury's story, was nominated nomi-nated for an Academy Award and won the Golden Eagle Award. Mugnaini did all of the paintings seen in "Concept," a film on the projected Hollywood Museum. Mu-seum. In addition, he has worked on Disney Studio's production, - :"Roomi for, Heroes." Van Suchtelen, an associate asso-ciate professor at Utah State University since 1967, was also a student at the Otis Art Institute, receiving both his BFA and MFA degrees from WfimtBpipe by Rick Lanmaii The auction block During the past decade, wine auctions have become a preferred method for the sale of wines from both private and commercial cellars, particularly those containing a considerable number of rare wine. But frequently, auctions command higher prices than wholesale situations, where emotions do not run as high. As an example, several years ago the London auction house of Southby Parke Bernet sold a 100-year old bottle of Chateau Lafite Rothschilde to an excited bidder for 1850L, an amount' approximately equal to $5180 American dollars. "The wine probably had deteriorated to the point where it was undrinkable," stated Monsieur de Fanieul, referring to the 100-year-old Lafite. "The prestige of the acquisition and the atmosphere of the competition (the auction) all contributed to the high price." Monsieur de Fanieul, who works for Barton & Guestier of Bordeaux, France, supplier of that particular bottle of Lafite, has watched with interest the increasing use of the auction as a secondary market for wine. "The Lafite was perhaps unusual," he stated. "Most of the wine is very drinkable and of superb quality," he went on to explain that most wine auctions are attended by knowledgeable wine connoisseurs who are seeking particular experiences in wine drinking, or who are attempting to fill gaps in their own private cellars. Often, those who attend auctions are wealthy connoisseurs who enjoy holding select tastings for a small group of friends. They may decide to present the best year of each decade since 1900 for Chateau Margaux. Obviously their own cellar will suffice for part of the menu, but they must frequently turn to auctions to supply the balance. Restaurants are regular contributors to auctions. Many fine restaurants may overstock some years and wind up with large inventories. As the years go by, these wines Sis that school. Throughout the summer, the Institute will bring such out-of-state artiste as print-maker print-maker Shane Weare, ceramist cera-mist Angelo Garzio, quiit maker Sandi Fox and painter George Post to teach in Park City. In addition, faculty members from l"ah State, including prihtmnker Moishe Smith, ceramist Larry Eisner, arts educator Jon Anderson, fiber artist Sarah Helpern and painter Qaell Lijrigbp,n, wiU offer specialized instruction. ir.oklk'geicFodikis -avai!;!b!i? for all Institute workshops. This credit, given through Utah State's extension division, divi-sion, is transferable to most colleges and universities in the country. For information, informa-tion, call 649-882. become more expensive and fewer customers purchase them. It then is logical for the restaurant to sell part of its cellar, using the proceeds to stock a grater quantity of, say, the newer Calif ornian wines. Along with private collectors, many clubs will buy great wines at auction. In large cities such as New York and Chicago, small clubs of wine drinkers have formed specifically to purchase, store and drink great vintage wines. Increasingly, however, people are buying wine as an investment. Over the past 10 years, wine has increased a remarkable 18.8 percent in value annually, far out-pacing inflation. In some cases, phenomenal gains have been recorded. In 1975, one New York buver purchased a 1864 Cheval Rlanc and sold it at auction five years later for a 1,000 percent profit. While such a gain is perhaps unusual, it certainly is possible to make a great deal of money buying and selling wine. In addition, people will generally pay more for wine at an auction than on the open market because of the "thrill of the chase." "When the bidding really gets heated up," remarked Monsieur de Fanieul, "people end up paying ridiculously inflated amounts for even ordinary wine. As a consumer, I would not buy wine at auction, if it could be avoided." Frequently, however, it cannot. Often when wine connoisseurs die, they leave immense collections, since half the fun of collecting wine is the purchase. But as people age, they tend to drink less and less. Thus, many wine lovers die with large cellars; cellars that often do not interest other family members. When the estate is liquidated, the wine frequently goes to auction and occasionally some real treasures may be unearthed. The knowledgeable hunter may even find some bargains. The secret is to know your wines; to know which ones have aged well, and which are now vinegar. But bear in mind that most appropriate Latin saying caveat emptor let the buyer beware! To volunteer, contact: COMMUNITY WIRELESS KPCW Memorial Bldg., Park City 649-9004 f |