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ARTFIXdaily News Feed - Friday, December 04, 2009
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 | Art Basel Miami Beach drums up sales, drama
Bloomberg - December 4th, 2009 06:12
A dozen U.S. Marshals and police officers were among the first visitors to the Art Basel Miami Beach fair Wed. as they seized paintings by Leger, Miro, Degas and Yves Klein following an insurance dispute between Zurich-based Galerie Gmurzynska and New York dealer Asher Edelman. The VIP party continued in a festive mood with acquistive collectors, such as billionaire Wilbur Ross, snapping up works by sculptor Francois-Xavier Lalanne, actor-artist Sylvester Stallone, and Dana Schutz.Read more | |
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 | Dealers shift with the market
New York Times - December 3rd, 2009 22:02
Leading purveyors of 20th century decorative arts, Two Zero C Applied Art and Historical Design, are selling off inventory this week in separate auctions while Art Nouveau specialists Jason Jacques and Lillian Nassau are adding mid-to-late 20th century collections to their galleries. Paintings dealer William Vareika sold a John LaFarge stained glass window (asking price: $500,000) to Yale University Art Gallery for the entry to its American decorative arts galleries, which is undergoing a ...Read more | |
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 | Robust segments in auctions worldwide
Bloomberg - December 4th, 2009 05:25
This week in London, four auction houses -- Bonhams, Christie’s, MacDougall’s and Sotheby’s -- sold an encouraging (although the total missed estimates) 39.7 million pounds ($65.7 million) of Russian art. Romanov-owned Faberge soared at Sotheby's. Mainland Chinese pushed a five-day Christie's auction in Hong Kong to an above-estimate HK$1.65 billion ($213 million). While a $32.3 million Christie's American art sale sent an Andrew Wyeth painting to $6.9 million, ...Read more | |
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 | Paris auction house raided, 12 detained
AP - December 3rd, 2009 21:37
In Paris on Wednesday, while major museums are closed due to strikes, French police raided auction house Hotel Druout. Twelve people, including an auctioneer, were detained after police found a stolen Courbet painting worth euro900,000 ($1.3 million) at a Hotel Druout employee's house. Courbet's "The Wave' has been missing since 2004. Also uncovered were several small artworks believed to have been stolen...Read more | |
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