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ARTFIXdaily News Feed - Friday, June 10, 2011

Balthus' "The Cat With Mirror III," which was appraised at $5 million.

Mogul Sam Zell claims $5.8 million art loss
Courthouse News - June 9th, 2011 21:11

Chicago real estate tycoon Sam Zell says a Los Angeles art dealer with whom he consigned three artworks, sold the pieces and then spent the money without paying him a dime. Samuel and Helen Zell received an insurance settlement of $5,775,000 for the loss. In turn, Chubb Indemnity Insurance has sued the art dealer David Tunkl and his art gallery Worldwide Masterpiece to recoup the $5.7 million plus costs, for conversion and breach of contract. The works were Balthus' "The Cat With Mirror ...

Alex Katz (American, born 1927). Winter Landscape 2, 2007. Oil on linen. 120 x 240 inches. Purchase with funds from Alfred Austell Thornton in memory of Leila Austell Thornton and Albert Edward Thornton, Sr., and Sarah Miller Venable and William Hoyt Venable. Courtesy of Richard Gray Gallery, Chicago and New York.

HIGH ACQUIRES MAJOR NEW WORKS BY ALEX KATZ AND ANISH KAPOOR FOR MODERN AND CONTEMPORARY COLLECTION
Release Date: 09 June 2011
The High Museum of Art recently acquired three important works for its contemporary art collection. Renowned American artist Alex Katz has given the Museum a painting titled “Twilight” (1998), which is joined by the High’s recent purchases of Katz’s “Winter Landscape 2” (2007) and ...

Henri Matisse, Ivy in Flower, 1953, colored paper, watercolor, pencil, and brown paper tape on paper mounted on canvas, Dallas Museum of Art, Foundation for the Arts Collection, gift of the Albert and Mary Lasker Foundation, 1963.68.FA, © Succession H. Matisse, Paris/Artists Rights Society (ARS), New York

Afterlife: The Story of Henri Matisse’s Ivy in Flower
Release Date: 09 June 2011
In 1952 Henri Matisse was asked to create a stained-glass window for the mausoleum of art collector Albert Lasker, and he took on the project with enthusiasm. His full-scale maquette was made with shapes cut out of painted paper and arranged with the help of assistants. This technique allowed ...

SOMETHING OLD, SOMETHING BLUE… Antique Blue Textiles as Wedding Gifts at FISHER HERITAGE
Release Date: 08 June 2011
June brides and grooms, or grooms and grooms, or brides and brides will cherish an antique textile emphasizing the color blue that NYC Americana dealer Laura Fisher has collected in anticipation of the wedding season. At her midtown NYC gallery FISHER HERITAGE, this perennial favorite color ...

Featured Event

	Chinese Fine Arts and Decorations Auction in New York June 12, 2011 Hong Kong Auctions New York New York, New York Read more

Artwire^TM

	Josef Albers’ Study for Homage to the Square brings $262,900 in $1.55+ million Modern & Contemporary auction at Heritage Release Date: 09 June 2011 Strong prices seen for works by Lichtenstein, Calder, Baer, Goldstein and Picasso in May 24 auction in Dallas. A prime late period work by Bauhaus master Josef Albers, Study for Homage to the Square: Stucco Setting, 1958, brought $262,900 as the top lot in Heritage Auctions’ $1,552,954 ... Read more

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