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Reassurance. That’s what motivated so many dealers and collectors from around the world to flock here this week for the big February art auctions. Reassurance that, despite the shaky state of world financial markets, there are still plenty of people willing to spend millions of dollars to put Impressionist, Modern or contemporary art on their … Read more
Christie’s International failed to sell almost a quarter of the art at a London auction last night as U.S. buyers retreated in the wake of investment losses. Christie’s sold 100 of the 131 impressionist and modern art lots, or 76 percent, a decline from 80 percent… Read full story by Linda Sandler and Lindsay Pollock … Read more
LONDON A painting by Karl Schmidt-Rottluff, Akte im Freien (Drei badende Frauen), fetched £3 million at auction – a record for the artist…. Read full story
NEW YORK (AP) – An art gallery has sued Christie’s auction house and a man who tried to sell a $100,000 Andy Warhol painting that the gallery reported stolen nearly 10 years ago. Martin Lawrence Galleries says in court papers that the 1981 artwork, known as the Warhol “Dollar Sign,” was stolen with another Warhol … Read more
LONDON: English graffiti artist Banksy’s screen print of supermodel Kate Moss sold for 96,000 pounds (€130,000, US$191,000) Tuesday at a street art auction in London, the auction house said. The work, inspired by Andy Warhol’s… Read the full story at the International Herald Tribune