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ARTFIXdaily News Feed - Thursday, November 05, 2009
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 | Plan would preserve Hopper's Cape Cod property
Cape Cod Times 1 - November 4th, 2009 12:37
After years of controversy over the construction of a 6,500-square-foot house next door, a plan is afoot to protect the Truro, Mass., summer house that once belonged to artist Edward Hopper. Built by Hopper and his wife Josephine in 1934, the 800-sq.-ft. white Cape house is on a bluff overlooking Cape Cod Bay. Hopper often painted the hilly landscape covered with low bushes stunted by salty winds. The current owners, a New Jersey family, will not be opening the property for public use or ...Read more | |
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 | Degas tops, Picasso flops at lukewarm Christie's sale
New York Times - November 4th, 2009 21:27
It was a thin sale of Impressionist and modern art, with just 40 works on offer and prices that fell below estimates. Christie's sale totaled $65.6 million, but had been estimated to bring at least $68.6 million. About 42 percent of the buyers were Europeans. The star was an 1896 Degas pastel of a dancer, a classic Impressionist image fetching $9.5 million. These prettier works are what buyers have been gravitating toward since the recession began. There were no bids for Picasso's 1943 ...Read more | |
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 | Chinese collectors eagerly repatriate their art
Bloomberg - November 5th, 2009 00:47
London auction houses are selling 16 million pounds ($26 million) of Asian art this week as a record number of buyers from mainland China flock to Britain. These newly wealthy collectors are buying at the highest level. By Nov. 3, west London dealer Marchant had sold 21 of the 54 pieces of Ming-dynasty porcelain it was showing. The star lot at auction so far was an Imperial jade seal that fetched 3.6 million pounds ($5.9 million), six times its top estimate, at Sotheby's.Read more | |
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 | Peter the Great miniature demands $1.3 million
AP - November 5th, 2009 00:26
A miniature portrait of Czar Peter the Great in a diamond-encrusted frame — owned for decades by an Arizona family that didn't realize its historic significance — has been auctioned for $1.3 million. Sotheby's says the 18th-century Russian treasure was purchased Monday by an anonymous telephone bidder for 10 times its pre-sale estimate of $120,000. The bejeweled rarity was bought from a London dealer in 1951.Read more | |
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