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Richter 'Candle,' Gormley 'Angel' Blow Away Auction Records
ArtfixDaily / October 16th, 2011
Christie's in London posted a promising October sale of Postwar & Contemporary Art with a total of £38 million ($60 million) on Friday. World record prices were smashed for artists Gerhard Richter, Antony Gormley, and Martin Kippenberger.
New Charges Against Art Dealer Guy Wildenstein
Le Point / October 13th, 2011
The French government is investigating Guy Wildenstein, the New York and Paris-based scion of the family of art dealers, over allegations that he hid billions of euros in offshore trusts from Ireland to the Cayman Islands.
Gallerist Set to Launch Miami's First Auction House
Sun Sentinel / October 13th, 2011
Art gallery owner Gary Nader will launch a new full-service auction house in Miami during the busy Art Basel Miami Beach week of fairs in December. Nader has selected 112 lots valued at more than $40 million...
Donors Help Chihuly Glass Tower Remain at Museum of Fine Arts, Boston
ArtfixDaily / October 12th, 2011
Thousands of donations over the course of just three months have helped the Museum of Fine Arts, Boston, acquire the 42-foot-tall Lime Green Icicle Tower, by renowned artist Dale Chihuly. Over $1 million was raised...
Stolen Jules Breton Painting Returns to France After a Century
ArtfixDaily / October 12th, 2011
In a ceremony at the French Embassy in Washington, a Jules Breton painting, which was stolen from the Chartreuse Museum in Douai, France, by a German soldier in 1918, will be repatriated. New York’s Daphne Alazraki Fine Art Gallery assisted...
Foundation to Sell Rare Pennsylvania Impressionist Paintings
Phillyburbs / October 11th, 2011
Pearl S. Buck International will offer two paintings once owned by the author to raise funds for a renovation of her historic house. Buck's landscapes are by well-known Pennsylvania impressionist Edward W. Redfield...
Suspect Says He Tossed Stolen Modern Masterpieces in Trash
Los Angeles Times / October 9th, 2011
Paintings by Picasso, Braque, Modigliani, Matisse and Leger stolen from the Paris Museum of Modern Art in May 2010, and valued at about $134 million, may have been hastily dropped in a garbage bin and destroyed...
Sotheby's Six-Day Hong Kong Series Raises $411 Million
Businessweek / October 6th, 2011
A week of auctions held by Sotheby's in Hong Kong netted a total of HK$3.2 billion ($411.3 million) with selective buyers competing to record levels for blue-chip art, rare gems, and Chinese ceramics.
Frans Hals Spotlighted in Elizabeth Taylor Estate, Toledo Museum
Toledo Blade / October 5th, 2011
Unbeknownst to her, late actress Elizabeth Taylor owned an old master. The same artist, Frans Hals, is also an important recent acquisition for the Toledo Museum of Art. Christie's, which is handling Taylor's estate, discovered...
Modern Masters from Stein Collection in Paris Exhibition
AP / ABC News / October 4th, 2011
On view beginning Wednesday at Paris' Grand Palais are 200 masterpieces by the likes of Matisse, Picasso, Renoir, Degas, Cezanne, Bonnard, and Manet collected by American writer Gertrude Stein and her two brothers over one hundred years ago.
Artelligence Conference Asks: Is Miró the New Picasso?
Art Market Monitor / October 3rd, 2011
“Miró is one of the most undervalued of the 20th century masters,” Helly Nahmad stated at the Artelligence conference held last week. “We have yet to see a $100 million Miró like we have with Picasso or Giacometti.”
Duchess of Windsor to Become a Patron of the Arts
Telegraph / October 2nd, 2011
The Duchess is considering lending her patronage to a number of British arts institutions, thought to include The Tate, the National Gallery, the National Portrait Gallery and the V&A.
Irish auction market heats up with record prices
Irish Times / October 2nd, 2011
A Jack B. Yeats painting of Irish small-town life fetched a record artist price of €1 million last week to become the most expensive work of art ever sold at auction in Ireland. An unidentified Irish buyer bought the Yeats, paying well above the estimate of €500,000-€800,000 at an Adam's ...
Critics Say Bob Dylan Paintings Mirror Famous Photographs
International Business Times / September 29th, 2011
Singer-songwriter Bob Dylan's first ever New York gallery exhibition has come under scrutiny as critics have denounced some of his work as painted copies of famous photographs. "The Asia Series," at Gagosian Gallery, includes works that Dylan said...
German Artist Tells Court His Forgeries Were "Too Good"
ArtfixDaily / September 28th, 2011
In Germany's biggest art forgery trial, the artist accused of faking millions of euros worth of expressionist paintings has told the court that he enjoyed fooling the art market. Wolfgang Beltracchi, 60, said, "I really enjoyed doing it. You have to know how the art market functions and where the ...
Polish Outbuilding Yields 300 Paintings Worth Millions
Telegraph / September 28th, 2011
Police have discovered 300 paintings in a garden outbuilding owned by a 92-year-old former bricklayer in Poland. Primarily consisting of Renaissance and German baroque paintings, the collection was presumably stored since World War II...
American Museums De-Accession Russian Works at Auction
ArtfixDaily / September 27th, 2011
Two museums in the U.S. are offering Russian art from their collections at a Sotheby's auction in New York this fall. The Nov. 1 Important Russian Art sale will feature a masterpiece by Russian-American artist Nicolai Fechin (1881-1955), offered on behalf of...
N.C. Wyeth's "Treasure Island" Paintings Reunited After 100 Years
Washington Post / September 26th, 2011
After a century, 16 of the iconic "Treasure Island" paintings created by N.C. Wyeth as illustrations for Robert Louis Stevenson's beloved novel are shown together for the first time. Brandywine River Museum in Chadds Ford, Penn...
Celebrities Boost Christie's Haiti Charity Auction to $13.6 million
Hollywood Reporter / September 25th, 2011
"Artists for Haiti" brought a hefty total of $13,662,000 for 27 offered lots in a benefit auction for the earthquake-damaged and impoverished Caribbean nation on Sept. 23 at Christie's. Actor Ben Stiller and art dealer David Zwirner...
£5 Million Worth of Stolen Antiques Found in England
Daily Mail / September 25th, 2011
British police have recovered a haul of antiques worth £5 million hidden in the garages of gang members. The loot came from raids on England’s stately homes, and included a £1.3 million porcelain collection and a £500,000 Chippendale table.