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Category: european art
Auction market bullish in 2011, so far
ArtfixDaily / July 21st, 2011
The market for fine and decorative arts roared through the start of 2011 at the world's two biggest auction houses. Christie’s reported worldwide sales for the first half of 2011 of $3.2 billion, up 15% over last year's figures. Sotheby's just breezed through a summer of blockbuster sales in ...
Salander director Leigh Morse gets weekends in jail
Reuters / July 20th, 2011
Leigh Morse, the former gallery director who worked for disgraced art dealer Lawrence Salander, will owe defrauded clients $1.65 million in restitution. Manhattan criminal court also sentenced Morse, 55, to weekend confinement in prison...
Picasso thief's apartment yields more stolen art
Mail online / July 17th, 2011
A police search of the Hoboken, New Jersey, apartment of accused Picasso thief Mark Lugo has turned up other missing artworks. The raid recovered 11 stolen pieces in total, worth more than $500,000, mainly from Manhattan galleries and hotels.
German billionaire pays $70 million for Holbein Madonna
Bloomberg / July 17th, 2011
Reinhold Wuerth beat out Frankfurt's Staedel Museum to acquire an important Holbein painting from the collection of an aristocratic family. The German billionaire industrialist paid more than 50 million euros, the highest amount ever...
"Lost Michelangelo" masterpiece worth £100million found in student dorm
Daily Mail / July 14th, 2011
A painting thought to have been by a Michelangelo contemporary could be the work of the Renaissance master himself. The mid-16th century oil has been hanging in a student residence hall at Oxford since the 1930s.
Guardi fetches record $43m at London auction
Dawn / July 11th, 2011
A monumental Francesco Guardi painting of Venice’s Rialto Bridge sold in London last Wednesday for almost £27 million ($43 million), the highest amount ever paid at auction for a work by the Italian artist. “Venice, a view of the Rialto Bridge, Looking North, from the Fondamenta del Carbon” ...
Art dealer Guy Wildenstein faces criminal charges
Independent / July 8th, 2011
Billionaire art dealer Guy Wildenstein, who is based in Paris and New York, has been formally accused of fraud after 30 valuable paintings and sculptures that had been missing for decades turned up in a police raid of his family's institute in Paris. Mr Wildenstein claims the works found ...
Record prices for Stubbs, Gainsborough in $80m London sale
Bloomberg / July 5th, 2011
A George Stubbs painting brought an artist record price of 22.4 million pounds ($36 million) and a Thomas Gainsborough fetched 6.5 million pounds ($10.4 million) in a $80 million Christie’s sale, making it the second-highest total for...
Summer exhibitions at Britain's Bowes Museum
ArtfixDaily / July 5th, 2011
The Bowes Museum of Barnard Castle, an English treasure house built in the French chateau-style by 19th-century art collectors John and Josephine Bowes, has drawn a record number of visitors to its trio of summer exhibitions featuring high-style fashion, ancient Egyptian art, and 19th-century ...
New York gallery sued over phony, overvalued art
Business Insider / July 5th, 2011
New York's ABA Gallery and its owner, Anatoly Bekkerman, have been accused by a European buyer of selling $6.5 million in fake and overvalued paintings by Russian artists. A company in Luxembourg filed a federal suit on Friday claiming that...
Rediscovered da Vinci painting could hit the market
The Telegraph / July 5th, 2011
'Salvator Mundi,' previously thought to have been painted by a pupil of Leonardo da Vinci, is now deemed by international experts to be by the master himself. It could fetch as much as $200 million...
Artnet forges ahead with online auctions
New York Times / July 4th, 2011
Although its online auction business has not yet turned a profit, Artnet has now sold more than 6,500 objects or artworks, generating $2.5 million in commissions on $12 million in sales in 2010. The average price...
Water Views from the Figge Collection
Quad-City Times / June 30th, 2011
Works by Hudson River School masters figure laregly in“Water Views from the Figge Collection,” an exhibition on display through Aug. 21 at the Figge Art Museum, appropriately overlooking the Mississippi River, in Davenport, Iowa.
Record $175m contemporary art auction in London
Bloomberg / June 29th, 2011
The contemporary art auctions in London this week sent high-level works to top prices. The 88-lot Sotheby’s evening auction on June 29 totaled a robust 108.8 million pounds ($175 million), the highest total ever...
New book reveals the art of Tamara de Lempicka - The Queen of the Modern
ArtfixDaily / June 27th, 2011
A cosmopolitan painter and icon of the art deco movement, Tamara de Lempicka (Polish, 1898-1980) created images that became the symbols of the era stretching from the roaring 1920s through the tumultuous 1930s.
BBC hosts Britain's public art collections online
BBC / June 26th, 2011
Works by John Singer Sargent, John Constable, and Andy Warhol are among the 200,000 paintings in a national collection owned by British taxpayers. Some of this art trove resides in small publicly-funded collections and others exist in relative obscurity, either stashed in museum storage or on ...
Heiress Huguette Clark leaves art museum to Santa Barbara
LA Times / June 24th, 2011
Paintings by such artists as John Singer Sargent, William Merritt Chase, and Renoir will take residence in a new public museum on a California beach bluff. The will of reclusive copper heiress Huguette Clark, who died last month at 104, was made public Wednesday. She stipulated that one of her ...
Claes Oldenburg sculpture to adorn Philadelphia's new Lenfest Plaza
ArtfixDaily / June 11th, 2011
In late August, a towering 53-foot high sculpture of a paintbrush with illuminated bristles, created by world-renowned American artist Claes Oldenburg, will make its home at the start of Philadelphia's expanding "Museum Mile." The monumental sculpture, titled Paint Torch, will be installed on ...
Mogul Sam Zell claims $5.8 million art loss
Courthouse News / June 9th, 2011
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 ...
Steve Martin scammed in $48-million art forgery-ring
Business Insider / June 5th, 2011
German authorities are investigating a group of art forgers responsible for a multi-million-dollar art scam with victims that include actor Steve Martin. Art experts, Christie's auction house, reputable Parisian galleries, and collectors were duped by...