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ARTFIXdaily News Feed - Monday, November 16, 2009
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 | Art funds hope to ride a market recovery
Daily Finance - November 16th, 2009 00:16
Institutional investors are showing more interest in the world's oldest media: art. The entry of new art funds into the market certainly signifies this zeal for an unusual asset class. Following mulit-million dollar funds like the Fine Art Group, Emotional Assets Management and Research just launched a new fund focused on art, antiques and other collectibles (such as coins, stamps and rare books). It will begin to deploy its capital when it raises £15 million...Read more | |
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 | Munch's "History" stolen from Oslo dealer
UPI - November 15th, 2009 23:32
Pascal Nyborg, an art dealer in Oslo, Norway, says thieves smashed a window at his gallery and stole the lithograph "History" by Edvard Munch. Nyborg said the work would be difficult for the thieves to sell as it is unique and valuable. Radio Netherlands reported the hand-colored Munch work is estimated to be worth $358,000. Five years ago gunmen stole Munch masterpieces "The Scream" and "Madonna" from an Oslo museum. They were recovered...Read more | |
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 | Terra cotta warriors march through Washington
NPR 1 - November 15th, 2009 16:55
In 1974, a group of farmers digging a well in central China stumbled upon a buried figure. It turned out to be one of an estimated 7,000 life-sized terra cotta warriors in an underground tomb complex. The warriors and a host of other figures were created for China's first emperor, Qin Shihuangdi. NPR host Guy Raz drops by the National Geographic Museum in Washington, D.C., to see an exhibit of the figures.Read more | |
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 | Yves Saint Laurent auction rich in sentimental value
New York Times Art - November 14th, 2009 06:20
Having wrapped up the "Sale of the Century" last winter, raking in a record €342.5 million ($441.8 million) in the middle of an art market meltdown, Christie's will tackle the "house sale" portion of Yves Saint Laurent's estate next week in Paris. Mid-19th-century Napoleon III furnishings will make up half of the lots offered, mostly from the designer's Normandy summer retreat. The top lot is a Fernand Léger drawing estimated at €80,000 to ...Read more | |
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