The Life and Legacy of Michael R. Corcoran
On a recent sunlit morning, Michael R. Corcoran shared his insightful perspective on the cycle of life with a wry smile: “It’s doctor, undertaker, lawyer, then me.” At 96 years of age, Mr. Corcoran stands as a venerable auctioneer, running the esteemed Gustave J.S. White Estate Auctioneers in the picturesque coastal town of Newport, Rhode Island. Having been born in 1928, just as Herbert Hoover ascended to the presidency, he embodies a wealth of history and connection in his profession. While he may not be the oldest active auctioneer in the region, he is undoubtedly among the most recognized and respected.
While the passing of individuals often fuels the inventory of his business, Mr. Corcoran is quick to remind us that life’s circumstances can lead to the sale of possessions beyond mere death. Events such as debt and divorce also play pivotal roles. Regardless of the catalyst, when the moment arrives to disperse the tangible remnants of a life well-lived—be it from a grand estate, a historic Colonial residence, a charming Victorian home, or a quaint farmstead—Mr. Corcoran is frequently the first to receive a call.
“There’s not another one like Mike out there,” asserted William Vareika, the president of William Vareika Fine Arts, a prominent gallery located on the illustrious Bellevue Avenue in Newport, the city’s most opulent thoroughfare. “It’s worth the price of admission just to witness Mike conduct a sale,” he added, noting that auctions are typically free to the public.
Mr. Vareika was alluding to Mr. Corcoran’s remarkable ability to navigate through hundreds of auction lots with an engaging flair, captivating audiences with a delightful mix of clever banter, concise historical insights, antiquarian expertise, and a penchant for name-dropping that is as subtle as an anvil plummeting from a rooftop.
As Mr. Corcoran enthusiastically auctioned off items, he would say:
“82 —” “82, now this is needlework. It’s not a watercolorist. It’s needlework. I have no idea what it is. Who will give me $100 for it? $100, I got it from Hank. Now $150 from George. $200 from Hank, $250, George.”
His engaging style and unique approach to auctioneering have made him a beloved figure in the community, ensuring that his legacy will endure long after the final gavel has fallen.