Tops in both prestige and sales from 1883 to 1939 was the American Art Association-Anderson Galleries, which auctioned over $160,000,000 worth of art. Every big U. S. art fancier knew its dignified building on Manhattan's esthetic 57th Street, its shrewdly-lit, velvet-draped auction stage. But spooks lurked behind that arras. Last summer the American Art Association-Anderson Galleries folded up for nonpayment of debts (TIME, Aug. 21). Last week its two partners gave Manhattan its best mystery story since Drug Dealer Frank Donald Coster (TIME. Dec. 19, 1938, et seq.). Tabloids christened it "The Art...
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