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ARTFIXdaily News Feed - Wednesday, December 16, 2009
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 | Analysts say art market upswing on horizon
Street Insider - December 15th, 2009 20:57
Wedbush upgraded Sotheby's (NYSE: BID) to Outperform: "In our view, rising global demand, better-than-expected recent auction results, and positive feedback from industry contacts point to meaningful recovery next year in the global art auction market. After suffering a year of difficult comparisons, [the art auction market] is now poised at a critical inflection point to generate a solid rebound by spring 2010. We are raising our 2010 [Sotheby's] revenue forecast to $560 million ...Read more | |
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 | Holiday gift idea: An armchair transport to Colonial-era island homes
Memphis Flyer - December 15th, 2009 22:29
Michael Connors, author of the new Caribbean Houses: History, Style, and Architecture (Rizzoli), provides an in-depth look at the beauty found in Colonial-era architecture and furnishings, a material culture built on the labor and skills of indigenous Amerindians and African West Indians and fusing stylistic elements from Romanesque to Classical. He is already at work on another volume, English Island Elegance, part of his well-received series, and is contracted for a book about historic Cuban ...Read more | |
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 | Art dealers' detective work proves mistaken identity
Scotsman - December 15th, 2009 19:11
It has become the "official" portrait of Bonnie Prince Charlie, regarded by the Oxford Dictionary of National Biography as the best likeness of the Jacobite hero. But now, in an embarrassing climbdown, the National Galleries of Scotland has admitted that the painting – purchased by them for £22,000 – is not of Charles Edward Stuart at all. As a few dealers suspected, the portrait, by the French master Maurice-Quentin La Tour, depicts his brother Cardinal Henry...Read more | |
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 | Rare blue Wittelsbach-Graff diamond will go on display
Washington Post - December 15th, 2009 19:36
Once owned by Spain's Infanta Margarita Teresa, the huge, rare, deep-blue Wittelsbach-Graff Diamond will join other gems at Washingon, D.C.'s National Museum of Natural History for seven months next year. Weighing 31.06 carats, the diamond may be from the same mine as the Hope Diamond. Current owner Laurence Graff is lending the brilliant gem not only for exhibition but also research. Graff bought the diamond last December at auction for $24.3 million, a record price for a single stone ...Read more | |
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