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Category: asian antiques
GQ Investigates the Rise in Chinese Art Thefts Worldwide
GQ / August 19th, 2018
GQ sent writer Alex W. Palmer to investigate the sharp increase in Chinese art heists at museums worldwide. In 2010, there was a brazen break-in at the Swedish royal residence, with the state collection at the Chinese Pavilion raided of antiquities on the grounds of Drottningholm Palace. Not ...
Tariff Plan Could Dampen U.S. Market in Chinese Art
Bloomberg / August 9th, 2018
From Bloomberg: The art world is growing anxious about President Donald Trump’s trade war with China. The administration’s list of $200 billion in goods targeted for duties includes paintings, sculptures, collages, ceramics and historical collectibles, along with antiques older than 100 ...
Chinese Vase Found in Shoebox Fetches $19 Million at Auction
ABC / June 13th, 2018
An 18th-century Chinese vase found in a shoebox in an attic in France has sold for 16.2 million euros ($19.1 million) at auction in Paris, reports Reuters. The vase went for more than 20 times the pre-sale low estimate of 500,000 euros, making it the highest price ever for a single item ...
Museum Sells Chinese Vase from Storage for $14.5 Million
Tulsa World / May 30th, 2018
A museum in Tulsa, Oklahoma, has sold an exquisite vase -- long tucked away in storage -- for a windfall at auction. The piece was made in the early 1700s at the order of the Chinese emperor Qianlong. The vase was offered in Christie's Hong Kong spring sales series that fetched a ...
Judge Rules for Berkshire Museum Sales of Norman Rockwell, Other Artworks
New York Times / April 6th, 2018
A Massachusetts judge on Thursday gave the final approval for Berkshire Museum's controversial plan to sell artworks from its collections, including a significant Norman Rockwell painting that the artist gifted to the Pittsfield, Mass., institution. The decision comes after a seven month ...
Man Charged With Stealing Terracotta Warrior's Thumb
New York Times / February 19th, 2018
A Delaware man has been charged with stealing the thumb of a $4.5 million terracotta warrior figure on display at the Franklin Institute in Philadelphia. Michael Rohana was attending a Christmastime ugly sweater party at the museum when he entered the closed-off loan exhibition room, took a ...
Chinese Vase Sells for 10,000 Times Estimate in Swiss Auction
swissinfo / September 24th, 2017
Two bidders competed to send a Chinese vase to a record 5 million Swiss francs in Geneva. The pre-sale estimate for the piece was 500 to 800 Swiss francs. "Including the commission, the vase will cost the Asian buyer CHF6.08 million ($6.1 million)," auctioneer Olivier Fichot told the AFP ...
From Trump Plates to Chippendale Chairs, A Range of Works in Antiques Week 2017
Antiques and the Arts Weekly / January 18th, 2017
Americana collectors and "best of the best" object seekers will head to events during Antiques Week 2017 underway now in New York City. Antiques and the Arts Weekly (aka "The Bee") has published this guide to the week's events, exhibitions, shows, lectures, auctions and more. (The action ...
Chinese Authorities Destroy Fake Terracotta Army at Bogus Attraction
Xinhua / January 17th, 2017
A site with 40 copies of the famed terracotta warriors was demolished by Chinese authorities in a raid on Wednesday, according to reports. Tourists were confused, with one posting an online complaint, when they were duped into visiting the underwhelming, copycat attraction in the Lintong ...
Chinese Company Becomes Major Shareholder in Sotheby's
New York Times / August 1st, 2016
China's Taikang Life Insurance disclosed last Wednesday that it had become Sotheby's biggest shareholder, with a 13.52% stake. Taikang is run by Chinese tycoon Chen Dongsheng, who helped found China Guardian Auction Co. Chen is an established power player in the Chinese art market. He modeled ...
T Magazine Uncovers The Lost Frescoes of Rajasthan
T Magazine - New York Times / May 9th, 2016
In the desert, painted onto once-great — and now, mostly abandoned — houses, is dazzling proof of the Indian state's opulent history. Aatish Taseer writes of this extraordinary past in T Magazine's upcoming May 22 Travel issue: The pale hard land surrounding Delhi runs west into the ...
Japanese Dealer Arrested for Offering Stolen Antiquity in New York
NY Post / March 22nd, 2016
A second-century sculpture called “Footprints of Buddha,” set to be shown in New York by Japanese antiquities dealer Tatsuzo Kaku, was allegedly stolen in 1989, according to authorities. Kaku was arrested on March 14 at the Mark Hotel on East 77th Street for smuggling in the $1.1 million ...
Gang Members Found Guilty in $79 Million U.K. Museum Thefts
BBC / February 29th, 2016
After a four-year investigation, members of an international organized crime gang have been found guilty in the thefts of artifacts worth up to £57m ($79m). Fourteen men will be sentenced in April for the raids on museums and an auction house in the U.K. Chinese jade and rhino horn were among ...
Man Goes Missing In Search of Art Dealer's Hidden Treasure
Outside / February 2nd, 2016
Santa Fe art and antiques dealer Forrest Fenn, 85, wrote a memoir in 2010 with a mysterious poem containing clues about where he hid a $3 million treasure trove. An estimated 65,000 people have gone searching in the Rocky Mountains for Fenn's 12th-century bronze chest supposedly filled with gold ...
Art Institute of Chicago Receives Its Largest Cash Gift Ever
Chicago Tribune / January 27th, 2016
Massachusetts collector Dorothy Braude Edinburg, who died in Jan. 2015, has donated $35 million in her will to the Art Insitute of Chicago. The gift is earmarked for new art purchases and the final amount of money is yet to be determined. A supporter of the museum for 25 years, Edinburg ...
Chinese Vase Soars Ten Times Above Estimate in UK Auction
itv / December 17th, 2015
A Chinese famille rose vase provoked a bidding battle at the UK auction house Hansons this week. Described as bearing a Qianlong mark and of the period (1736-1795), the ovoid form vase had six telephone bidders pursuing it for seven minutes. An anonymous UK buyer prevailed, sending the lot with ...
Collector Files for Federal Court to Decide Honolulu Museum of Art's Provenance Case
Pcaific Business News / September 13th, 2015
An 80-year-old California art collector facing an $880k lawsuit from the Honolulu Museum of Art has filed for the case to be moved to federal court from 1st Circuit Court. The museum sued Joel Alexander Greene in August over alleged holes in provenance on five Southeast ...
Art Dealer Robert Ellsworth Left Waitresses a Hefty Tip
NYPost / May 11th, 2015
Renowned Asian art dealer and collector Robert "King of Ming" Ellsworth left two of his favorite waitresses massive tips in his will. Ellsworth, who died at 85 last August after a fall, gave $50,000 each to Maureen Donohue-Peters, 53, and her niece Maureen Barrie, 28. The pair served ...
NYC Prosecutors Seek Custody of $100M in Artifacts
Telegraph / April 16th, 2015
New York City prpsecutors are asking a judge for custody of a trove of 2,622 Hindu and Buddhist treasures plundered from South Asia and seized by U.S. authorities. New York storage facilities were raided from 2012 to 2014 to recover the relics as part of the investigation of art dealer Subhash ...
'Chicken Cup' Buyer Sends Tibetan Thangka to Auction Record
Bloomberg / November 27th, 2014
Chinese billionaire Liu Yiqian dropped HK$348 million ($45 million) on a 15th-century Tibetan tapestry at a Christie’s auction in Hong Kong on Wed. The price surpassed the HK$214 million he paid last spring for a Chengua-era ceramic cup -- a piece called the Chicken Cup in reference to its ...