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State of the Art: News & Market Round-Up (Dec. 6-13)

Catch all the important headlines and art market information from the week that was.

黑料不打烊

13 Dec, 2010

State of the Art: News & Market Round-Up (Dec. 6-13)

 

Art Market - Auctions, art fairs, announcements and features in the spotlight 

News - What made headlines this past week

What's expected this week in the art world? Click here to find out

 

Art Market Round-Up

Auction Floor Highlights

Stubbs shatters record but star lot by Poussin fails to sell in London sales
A masterpiece by British artist George Stubbs fetched a record 拢10,121,250/ $15,906,556 at Sotheby鈥檚 London on Wednesday, ending a week of mixed results of major Old Masters sales in the British capital on a positive note. More...

Sotheby鈥檚 December Series in London Brings Company鈥檚 Sales of Old Master & British Pictures in 2010 to $242 million
Sotheby鈥檚 says it has also dominated in the combined category of Old Master & British Paintings since British Paintings were first introduced to its Old Master Evening Sales in 2007. More...

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Playboy Artwork Sells at New York Auction
A Dali watercolour of a reclining nude that once hung in Playboy founder Hugh Hefner's bedroom has fetched $266,500 (拢168,500) at a New York auction. More...

Lichtenstein Painting Originally Purchased for $27.50, Sells for $128,700 at Quinn's
Titled The Statesman, the 18 by 28 inch oil-on-canvas portrait was consigned by D.C.-area resident Enid Liess, a retired schoolteacher who, as a young girl had studied at the Art Institute of Chicago. It was there that she learned how to identify quality artworks.  More...

Three Basquiat works eclipse $1 million dollar mark in Paris contemporary art sales
Water-Worshipper' at Sotheby's Paris realizes nearly 鈧2.5 million; his 'Untitled' fetches 鈧1.46 million at Christie's.  More...

Recent sale results on 黑料不打烊.com
Browse auctions including all the results from a busy week of Latin American art in New York. More...

Upcoming Sales & Announcements

Victorian & Edwardian Art in the spotlight in London
Both Christie's and Sotheby's to hold sales in the British capital; latter's star lot is a James Tissot artwork that could fetch up to 1.2 million GBP More...

Christie's launches free app optimized for the iPad
As the holiday shopping season reaches its fever pitch, Christie's International, the world's leading art business, is pleased to announce the availability of its new, free App designed specifically for users of the Apple iPad. More...

Browse upcoming sales on 黑料不打烊.com
Choose from over 160 upcoming auctions More...

Features

An Oligarch Buys an Island鈥攆or His Art?
What's next for the man ranked by Forbes as the 50th richest on the planet? Possibly his own museum.  More...

Billionaire's friend bringing mega-galleries to Britain
She has pulled strings for Larry Gagosian, struck deals for Roman Abramovich and advised the Russian billionaire's glamorous partner Dasha Zhukova on her art operations. Now Mollie Dent-Brocklehurst, one of the most influential figures in London's cut-and-thrust gallery world, is spearheading the capital's occupation by a new breed of "mega-galleries". More...

Mega-galleries battling it out for control of the global art market
The fierce rivalry between Larry Gagosian and Arne Glimcher has been likened to an arts arms race More...

At Last, a Gagosian Space in Hong Kong
The chosen spot: the nine-story Pedder Building, last surviving colonial-era office building in the Central distict. Gagosian鈥檚 space, taking up an entire floor (5,000 square feet, or about 465 square meters), will have four-meter ceilings More...

The Art Market: records by the book
Records fell at auction in New York and London this week, with two sensational prices made in very different field More...

The Mystery of the Giacometti Fakes
More than 1,000 fake sculptures by Alberto and Diego Giacometti were seized by police over the last three years. While sellers have been arrested鈥攕ome have already been convicted, and others were headed for trial鈥攊t's unclear who made the bronzes, or where More...

Art Fairs

Art Miami Finishes with record crowds
Art Miami, Miami鈥檚 longest running contemporary art fair and anchor fair to the city of Miami, closed the show on Sunday announcing a total record crowd of 41,000 attendees throughout the week and continued strong sales, including a seven-figure sale by Galerie Terminus for an important Gerhard Richter abstract painting. More...


What is Art Basel Miami Beach precisely? Is it merely an art-world trade fair, one of scores now scheduled in succession across the planet? Is it, like much else in Miami Beach, just another over-hyped cross-platform marketing opportunity? Is it a pre-Christmas break for global billionaires? 

Slideshow: What New Yorkers Sold at Art Basel... and for How Much
New York-based dealers cleaned up at this year's Art Basel Miami. More...


Art Basel and its well-heeled patrons have packed up and moved on. Once again, Miami artists find themselves on the periphery, struggling to make a buck. 

News

Mona Lisa painting 'contains hidden code'
Art historians are probing a real life mystery after discovering tiny numbers and letters painted into the eyes of the Da Vinci's enigmatic painting. More...

Met Museum Sued Over Cezanne Taken by Bolsheviks From Collector
鈥淢补诲补尘别 Cezanne in the Conservatory,鈥 is valued at $50 to $70 million. The plaintiff claims the sale in May 1933 was 鈥渋n violation of Russian law and U.S. policy鈥 at that time. The Met said in a statement that it has been open about the provenance and will fight the suit. More...

Retired French electrician says heir to second Picasso trove
Le Guennec claims to be an heir to the collection of Picasso鈥檚 former chauffeur, claiming to be a distant cousin. Guennec, who installed burglar alarms for Picasso's homes, is under investigation over an initial trove of 271 works. More...

Leonardo da Vinci painting is 'put at risk by loan from Poland to London'
Experts in Krakow are fighting the National Gallery's bid to borrow the priceless 'Lady with an Ermine', as "a serious, even reprehensible, threat" to its existence, claiming it is too delicate to travel. More...

Leaked Letter Shows Internal Tensions Over Smithsonian Censorship
Written by the NPG's director, it appears to side with critics of the removal of Wojnarowicz's video "A Fire in My Belly," saying the decision (which was ordered by Smithsonian secretary G. Wayne Clough) was made in haste and based on a misunderstanding. More...

Museum of Fine Arts chief Marzio dies at 67
Marzio was the museum's longest-serving director. Under his leadership, the permanent collection more than quadrupled in size, growing from 14,000 artworks to 62,000. More...

Lisson gallery to represent Chinese activist
The prestigious London gallery became the first Western institution to represent Ai, as the artist faces mounting pressure in China for his pro-democracy politics. Lisson will hold an exhibition of the artist鈥檚 work in May. More...

New art prize nets winner $100,000 from billionaire collector Victor Pinchuk
Brazilian Cinthia Marcelle became the first winner of the Future Generation Art Prize for three videos combining earthworks art and conceptualism. The prize is worth $60,000 in cash and $40,000 to cover costs of her future works. Contenders have to be 35 at most when they apply. More...

NYC museum to start exploring scent as art form
The Center of Olfactory Art was launched at the Museum of Arts and Design. The center will present its first exhibition, "The Art of Scent, 1889-2011" next November, examining olfactory works by some of history's best-known perfumers. More...

U.K. Starts $120 Million Matching Fund to Boost Cultural Giving
For every 1 pound given, the government will put in an equivalent amount. By 2015, national grants will be cut by 15%, while Arts Council England will be cut by 29%. Of the 80 million pounds fund, 50 million will come from lottery funding provided to Arts Council England. More...

Olympic arts festival to feature a winning line-up
Exhibitions by Hockney and L. Freud are to be staged, while artists Rachel Whiteread and Olafur Eliasson are working on special commissions, for a 12-week arts marathon to mark the London 2012 Olympic Games. More...

Scottish artist's sound installation wins Turner Prize
Fitting with the Turner's reputation for honouring unusual works, the judges handed Susan Philipsz the 25,000-pound prize. "Lowlands" features a 16th century Scottish lament by a sailor lost at sea. More...

Getty Villa prepares to say farewell to its goddess
Sunday was the Cult Statue of a Goddess' last day on view. Ending decades of contention over looted artworks, she returns in January to Sicily, where she was likely looted in the 1970s. More...

MFA reinstates women鈥檚 art prize
The Museum announced Monday that it would reinstate the prize in 2011, after failing to award its $5000 annual Maud Morgan Purchase Prize and exhibit for unsung local women artists since 2006. More...


The Greek-American artist who deployed brilliantly colored geometric forms in precise formal relationships to create nervous, dynamic paintings on a heroic scale, died on Nov. 23, his son recently announced. 

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Tate Britain unveils naked Christmas tree
Giorgio Sadotti's Norwegian Spruce, entitled Flower Ssnake, is naked apart from a coiled bullwhip and a circle of silver postcards around its base, "to recognise its "natural elegance" and think about the potential of the objects." More...

Compiled by 黑料不打烊.com staff 

Related Artists

Ai Weiwei
Chinese, 1957

Jean-Michel Basquiat
American, 1960 - 1988

Paul C茅zanne
French, 1839 - 1906

Salvador Dal铆
Spanish, 1904 - 1989

Nassos Daphnis
American, 1914 - 2010

Lucian Freud
British, 1922 - 2011

Alberto Giacometti
Swiss, 1901 - 1966

Diego Giacometti
Swiss, 1902 - 1985

Roy Lichtenstein
American, 1923 - 1997

Pablo Picasso
Spanish, 1881 - 1973

Nicolas Poussin
French, 1594 - 1665

George Stubbs
British, 1724 - 1806

Leonardo da Vinci
Italian, 1452 - 1519

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