Free Market
Author:
Catherine Heilman
Online Publish Date:
The Free Market 15, no. 10 (October 1997) Princess Diana’s navy velvet dress, auctioned at Christie’s in New York City, went to the highest bidder for $200,000. Despite explosive media attention given to the sale, the bidder’s identity and even nationality is unknown. The auction house, of course, is sworn to secrecy as a matter of contract. The