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Conspicuous Consumption

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On Monday, an attendee at an auction for The Aspen Art Museum bid $150,000 for a custom-made, full-length Russian sable coat by Dennis Basso. The winning bidder chose to remain anonymous, prompting everyone to wonder about the identity of the deep-pocketed fur lover. The same shopper apparently picked up a $45,000 Chopard watch at the event. [WWD]