ARTISTS
News & Market Round-Up of the Week that Was (March 21-29)
Warhol's Elizabeth Taylor work could fetch $30m.; Tokyo art scene struggles to get back on track and much more.
黑料不打烊
28 Mar, 2011
Art Market Round-Up - Sales, lots and art fairs in the spotlight听
News - What made headlines this past week
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Art market news: Gauguin sculpture mysteriously withdrawn from sale is back on market
The wooden sculpture, Jeune Tahitienne, was carved by Gauguin in Tahiti circa 1893. As Gauguin鈥檚 Tahitian sculptures are so rare, Sotheby鈥檚 guesses that this is worth between $10 million and $15 million, on auction in New York in May. More...
Andy Warhol painting of Elizabeth Taylor could fetch $30 million in May 12 auction
Celebrity death and marketability go hand and hand, which could bode well for the unidentified private owner whose sale of an iconic Andy Warhol painting of Elizabeth Taylor was announced Thursday by the auction house Phillips de Pury & Co. More...
Monet "Poplar" set to fetch $25 million at auction
"Les Peupliers," the largest from Monet's famed paintings depicting poplar trees executed during his years in Giverny, is being sold at Christie's in May by an Asian collector who purchased it for just over $7 million. More...
Major Chinese art sale could exceed estimates by 'five or ten times鈥�
Baron Guy Ullens' contemporary collection includes important early works by artists who were at the forefront of change in the 1980鈥檚. The Sotheby鈥檚 sale is the biggest in volume, if not in value, so far, and consists entirely of contemporary Chinese art. More...
Jeffrey Archer鈥檚 Warhol, Monet to Boost $8 Million London Sale
The best-selling author is to sell art and personal mementos valued at more than $8 million. He will auction 20 personal items at a charity sale at Christie鈥檚 International on June 27; the following day, Christie鈥檚 South Kensington will auction 150 works of art from Archer鈥檚 personal collection. More...
Lucian Freud to Sarah Vine in Dreweatts鈥� Urban Contemporary Sale
Liam Patel has been collecting Urban Art since he was 12; now at the ripe old age of 15 he has brought together an extraordinary group of 25 cutting-edge lots to be sold at Dreweatts鈥� Urban Contemporary sale on Wednesday 6th April, to raise money for the Haven House Children鈥檚 Hospice. More...
Browse estimates of the coming week's auctions >>
Auction Results in the Spotlight
Bonhams Strike Gold With South African Masterpiece Sale Breaking Records Again With an Irma Stern Making 拢3M
Four new records for South African artists fell at Bonhams sale of South African Masterpieces in London on 23rd March, with an Irma Stern, 'Arab Priest' at 拢3,044,000, an Alexis Preller, 'Garden of Eden' at 拢748,000, a Gerard Sekoto, 'Yellow Houses' at 拢602,400 and a Francois Krige, 'Basotho Village' at 拢90,000. More...
Nicolae Grigorescu painting sold for record price on the Romanian art market
鈥淧ub in Rucar鈥� (Carciuma la Rucar) has set a new record for the art market in Romania, after having been sold for EUR 230,000 at the Artmark auction house in Bucharest. More...
Running of the 'Bulls': A $2.8 Million Record
On Wednesday at Christie's, a painting by Tyeb Mehta, who died in 2009, brought in almost nine times the price of the 2002 sale. The only contemporary Indian art work that has sold for more is a painting by artist S. H. Raza. More...
Chinese Scroll Fetches Record $31 Million at France Auction
A Qianlong-dynasty scroll painting was estimated to fetch 5 million to 6 million euros by the Toulouse auction house Labarbe; the price of the scroll, including fees, was the most paid for a Chinese artwork at a French auction. More...
Features
Madness in the art market
Another piece of Chinese art achieved a stupendous price in New York this week; a vase estimated at just $800-$1,200 soared to $18m. at Sotheby's. More...
Chinese vase frenzy: bribery and the auction house
Another piece of Chinese art achieved a stupendous price in New York this week; a vase estimated at just $800-$1,200 soared to $18m. at Sotheby's. More...
Fine Photographs, Exceptional Price
The last ten years have seen unprecedented world-record prices paid at auction for fine photographs by great photographers such as Richard Avedon, Robert Mapplethorpe and William Eggleston. More...
Blame Game Over a Rare Buffalo Painting
In 1996, Norman Waitt walked into the Gerald Peters Gallery in Santa Fe, N.M., and fell in love with a $750,000 painting of an Indian chief. More...
Sotheby鈥檚 Chief Executive Pay More Than Doubles as Art Recovers
In 1996, Norman Waitt walked into the Gerald Peters Gallery in Santa Fe, N.M., and fell in love with a $750,000 painting of an Indian chief. More...
The Master and the Gallerist
Lucian Freud, the British realist painter and famed libertine, and his genteel New York dealer, William Acquavella, have a 20-year relationship based on creative support and a little bit of damage control. More...
Video: Russia鈥檚 super rich eye top art
Global dealers bring top antiques to Russia hoping to attract interest from the country鈥檚 super rich investors, who are increasingly hungry for a save haven for their millions. More...
Art Fairs
Bahrain and Lebanon Withdraw From the Venice Biennale Due to Mideast Turmoil, While Egypt's Participation Is Uncertain
It is no surprise that the popular uprisings sweeping the Middle East should have an impact on the Venice Biennale, the international showcase of art, culture, and political soft power, and now the first countries have begun to withdraw. More...
Two Billion Euros, Seven Thousand Years: Yes, The Art Market Still Rocks at TEFAF
As the 24th European Fine Art Fair reached its last weekend, crowds were still pouring in, milling through 260 galleries that, together, proved once again that the art market remains solid and the passion of collectors is only growing by the day. More...
Solid Sales throughout the Week at TEFAF Maastricht Boost Market Confidence
The Fair is a unique and essential opportunity to view some of the finest works of both fine and decorative arts available and is an important destination for serious private collectors and museum buyers. More...
Billionaires Splash Out on Middle-East Art as Dubai Fair Grows
Billionaire collectors splashed out in Dubai as galleries reported stronger sales and a growing interest in Middle Eastern art. More...
Art fair a treat not just to buyers
The ninth annual arteam茅ricas in Miami Beach showcases all types of Latin American art. More...
Art 42 Basel announces details of this year's art fair
Art 42 Basel showcases every form of artistic expression, including paintings, drawings, editions, sculptures, installations, photography, performances, and video art. Inexpensive works by emerging artists are on offer, alongside museum-quality masterpieces priced in the millions. More...
Art Fairs in Paris this week:
Art Paris 2011
The fair gathers more than 120 international galleries focusing on design, modern and contemporary art. 17 countries are represented, and more than 48.000 visitors are expected. More...
Salon du Dessin 2011
Salon du Dessin is a unique occasion for all art lovers, experienced or not, to share their passion with art dealers and academics. More...
Pavilion of Arts and Design Paris 2011
The fair represents the French taste, which promulgates the mixture and the juxtaposition of styles, has today a worldwide recognition. More...
News - Upgrade to Open Links
鈥楲ost Picasso painting鈥� seized in gendarmerie raid
A painting alleged to be 鈥淭he Naked Woman,鈥� looted from the Kuwait Museum during Iraq鈥檚 1990 invasion, has been found in a western Turkish province. Gendarmerie forces apprehended the suspect on ihs way to sell the painting, worth around $10 million. More...
Getty Says No Deal With Italy for Statue
An Italian government official offered to end a long legal fight with the Getty Museum by proposing shared custody of a 2,300-year-old bronze statue known as "Victorious Youth." Italy claims the Getty procured the statue from illicit art dealers, which museum officials deny. More...
Attendance at L.A. museums lags behind
Only the Getty and LACMA make the Art Newspaper's top 100 survey of museum attendance worldwide. More...
Portuguese architect de Moura wins Pritzker prize
His designs convey both "power and modesty, bravado and subtlety." The honor, often dubbed the Nobel prize for architecture, was supposed to be announced next month and presented in Washington, D.C., but was prematurely reported by a news outlet. More...
Getty Museum to return 17th century Dutch painting lost in the Holocaust
The painting by Pieter Molijn was one of about 1,400 works left behind by Jacques Goudstikker, a noted Dutch-Jewish art dealer who fled the Nazi invasion of 1940. More...
Tokyo's art scene struggles to get back on track
Museums and galleries, many of which closed immediately after the disaster, are now beginning to schedule reopening dates. More...
Rescheduled Dates for ART FAIR TOKYO 2011
Although preparing the fair as originally planned, by considering the changing circumstances affected by the earthquake, ART FAIR TOKYO 2011 is postponed to July 29, 2011 鈥� July 31, 2011. More...
Egypt museum gets back five stolen artefacts
Four bronze statues of ancient Egyptian deities and a bronze sceptre stolen on January 28 have been restored to the museum. Thirty-seven artefacts are still missing. More...
Vienna museum acquires 4,400 Polaroids, some by Warhol
The director of Westlicht museum acquired the collection from the liquidators of the Polaroid company, seized along with other company assets in the bankrupcy proceeding. "At the last minute I was able to save this collection from being broken up in an auction," he told AFP. More...
Bought for 拢100 from a junk shop, painting could be a 拢40m Cezanne
Art experts say the piece is reminiscent of Cezanne鈥檚 earliest works. Under the scrawled name is the date 1854. If authentic, it will be the earliest known work by the post-impressionist artist who would have been a 15-year-old art pupil at the time. More...
Guggenheim Says Artists' Boycott Jeopardizes Abu Dhabi Project
The Guggenheim said statements made by Human Rights Watch had painted an inaccurate picture of the progress made in safeguarding workers鈥� rights. Until the museum agrees to the terms of the petition, the artists say they will not show their works in the museum. More...
Mayan relic sold for $4 million is a fake, Mexico says
The masked, stone figure, sold by a private collector, was billed as an impressive piece of Pre-Columbian art and was believed to be a unique work dating from around 550 to 950 A.D. It sold for 2.9 million euros ($4.1 million). More...
Heiress Vivien Duffield Gives $13.3 Million to U.K. Arts Bodies
The money is aimed at setting up educational facilities for children and young people, at 11 U.K. arts institutions including Tate Britain; the Whitworth Art Gallery in Manchester; Kettle鈥檚 Yard in Cambridge; the Holburne Museum in Bath. More...
Museum refuses to return icons to Russia
The U.S. Dept. of State and the Museum of Russian Icons decided not to dismantle the 37-piece exhibit on loan from the Andrey Rublev museum in Moscow until an official, written legal order is received. More...
As MOCA Gears Up for "Art in the Streets," L.A. Smears Street Art With War on Graffiti Star
City attorney Carmen Trutanich is seeking a court injunction to prohibit the sale of artworks that bear the "Smear" tag, rationalizing that street art is a form of illegal advertising for the artist's gallery work. Also being sued are the nine members of the Metro Transit Assassins crew. More...
New Thyssen museum set to open in Spain
More than 200 paintings valued at around 700 million euros from the private collection of the widow of Baron Thyssen-Bornemisza will be on display at a new museum in the southern Spanish city of Malaga. More...
Compiled by 黑料不打烊.com staff听
