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ARTFIXdaily News Feed - Tuesday, November 03, 2009
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 | On the Block: Traditional Offerings, Bargain Prices
New York Times - November 2nd, 2009 18:44
The images splashed across the pages of this fall’s auction catalogs are as familiar as they are telling: Degas dancers and Pissarro landscapes; Picasso portraits and Warhol dollar bills. All are well-known works by tried-and-true artists carrying estimates as low as sellers are willing to go. From publishing magnate Peter Brant's Basquiat to the late Arthur Sackler's Kandinsky, offerings in this recession-era are, in part, thanks to the three D’s: death, divorce and debt...Read more | |
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 | Egyptian Art Deco in Ohio: Backyard sculpture fetches $118,000 at auction
Cleveland Plain Dealer - November 2nd, 2009 19:13
On Oct. 25, the Cleveland Auction Co. in Tremont, Ohio, sold a 4-foot tall garden statue for $100,000 – plus an $18,000 commission for the auctioneer. The piece, a woman carrying a water vessel, was created in Paris in 1931 by Egyptian sculptor Mahmoud Mokhtar (1891-1934), known as the father of modern Egyptian art for whom a museum is dedicated in Cairo. How the sculpture ended up hidden in a Cleveland garden is a mystery....Read more | |
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 | A Bavarian Throne and Other Must-haves: Monumental furniture stars at Red Baron's Nov. auction
Luxist - November 2nd, 2009 19:33
This magnificent black walnut two-seated throne with pierce-carved armrests was once installed in a Bavarian castle. The piece was chosen to go in what would have been the most expensive residence in the United States, the Pinnacle, a 53,000-sq.-ft. home to be built in the Yellowstone Club in Montana, but a divorce got in the way. The home was never built and the couple's furniture collection, perhaps worth $8 million, will be sold November 6-8 at Red Baron's in Atlanta.Read more | |
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 | Failed Bank Provenance Boosts Auction: Lehman Bros. collection sells out
Wall Street Journal - November 2nd, 2009 18:09
Call it the Lehman premium: The first in a series of auctions at Freeman's, expected to bring in around $750,000, brought in a surprising $1.34 million, with all 238 lots of modern and contemporary art finding buyers. The star of the failed bank's art assets was a late-period Roy Lichtenstein screenprint of the Statue of Liberty which sold for $49,000. Robert Apfel, a New York collector of Hudson River School paintings, snapped up at least six works, including Louis Lozowick's 1929 ...Read more | |
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