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The International Herald Tribune has this story about another museum painting theft, which has since been recovered by authorities: STOCKHOLM, Sweden: Police have recovered a stolen painting by Swedish writer and painter August Strindberg, and arrested two men suspected of theft, police and museum officials said Friday…. Read full story
Another bad week for London mayor Ken Livingstone – his friend and race advisor Lee Jasper resigned on Tuesday amid allegations of cronyism and misconduct – finally perked up on Thursday night when he raised almost a quarter of a million pounds for his re-election campaign with an auction of works donated by famous artists. … Read more
A MAJOR sale of Scottish masterpieces owned by an Edinburgh private school failed to meet expectations despite netting more than £250,000. Fettes College, which counts Prime Minister Tony Blair among its former pupils, had hoped its collection would fetch up to £500,000 at auction. The nine paintings by Francis CB Cadell had been… Read full … Read more
An act of artistic philanthropy on a par with Britain’s greatest – including bequests by Samuel Courtauld and Henry Tate – was unveiled today in a move that will see 725 works of postwar and contemporary art donated to the nation. The London dealer Anthony d’Offay is giving over almost his entire… Read full story … Read more
Contemporary-art sales in London rose more than 50 percent to 245.7 million pounds ($487.2 million) in February from a year earlier, figures from auction houses show, a sign the market is weathering a worldwide economic slowdown. Sotheby’s, Christie’s International and Phillips de Pury & Co. said they sold 56.4 percent more contemporary art than… Read … Read more