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A PAINTING BY BRETON LOOTED 93 YEARS AGO RETURNED TO FRANCE Link
BARRY FLANAGAN'S EARLY WORKS AT TATE BRITAIN UNTIL JANUARY 2, 2012 Link
RETROSPECTIVE EXHIBITION OF JOSEF ALBERS' WORKS IN MODENA Link
DISCOVERY OF A MYSTERIOUS ART COLLECTION IN POLAND
Polish police have been trying to determine the provenance of a collection of 300 paintings worth millions of euros discovered in September 2011 in an outhouse belonging to a 92-year-old former bricklayer in the north-western city of Szczecin.
British Pop Art pioneerRichard
Hamilton died on September 13, 2011 at 88 just after completing three
large paintings for a new forthcoming solo exhibition at the Serpentine
Gallery in London.
DAVID BAILEY'S MUSE CLAIMS SHE NEVER SAW A PENNY FROM HIM British
photographer David Bailey earned his fame with shots of top model Jean
Shrimpton who has claimed that he made a lot of money out of her and paid
her nothing in return
NEW RUSH FOR GOLD AND ART by Adrian Darmon Dark clouds that have hovering over the world's financial places since
the beginning of August 2011 have not prevented speculators from finding
ways to make up for their losses and the surest means to do so has been
to push the price of gold at its highest level.
OVER 140 MILLIONS POUNDS FOR AN IMPRESSIONIST AND MODERN SALE IN LONDON An Impressionist and Modern Art Evening Sale held
in London on June 21 2011 at Christie's realized £140,019,200 /
$227,111,142 / €157,941,658 selling 87% by lot and 80% by value. This
represented the 3rd highest total and one of the highest selling rates (by lot) for the category at Christie's in the U.K.
GOOD RESULTS FOR A POST-WAR AND CONTEMPORARY AUCTION HELD BY CHRISTIE'S
A Post-War and Contemporary Art Evening Auction held on June 28, 2011at Christie's in London realized £78,817,050 / $125,792,012 / €87,959,828 and was 82% sold by lot (pre-sale estimate: £55,320,000 to £76,770,000).
HIGH PRICE FOR AL CAPONE'S REVOLVER A Colt .38 'Police Positive' revolver formerly owned by notorious American gangster Al Capone sold for£67,250/$109,080/EUR 75,656, against a pre-sale estimate of £50,000-70,000 during a sale held on June 22, 2011 by Christie's in South Kensington, London. Link
OVER 589 MILLION USD FOR SOTHEBY'S SUMMER SALES IN LONDON Sotheby's London concluded their four-week major summer sale series which totalled in excess of £365 / $589 / €408 million. Sotheby's achieved the two highest prices across the entire London summer auction season and overall 49 artist records were set, with 66 works selling for over £1 million and 95 selling for over $1 million.
HOW TO INVEST IN ART : FLAIR AND LUCK REQUESTED by Adrian Darmon
The art market has been bustling with
astonishing record prices during the past decade mainly to the advantage of
rich people who can afford to spend much money to buy major works with the aim
of gaining substantial profits in the short term.
Making money has thus become a lucrative game
on the art market. Still, buyers need to have quite a good knowledge of what
seems much interesting to acquire meaning they must be endowed with some flair
and also much luck.
Christie's
established a new world auction record in London on June 6, 2011 for Ilya Repin
(1844-1930) by selling his masterpiece, A Parisian Café for £4,521,250.
U.S EXPERT AND DEALER ACHIM MOELLER ACCUSED OF PERJURY BY THE POMPIDOU MUSEUM Pompidou Museum has accused New York expert and dealer Achim Moeller of perjury for having refused to authenticate a work by German Expressionist artist Lyonel Feininger which he later recognised as genuine after the museum got rid of it. Link
ANDY WARHOL KING OF NEW YORK
Christie's Post-War and Contemporary Art Evening Sale held in New York on May 11, 2011 realized $301,683,630 (£184,026,630/€211,178,100),
exhibiting a thriving and healthy market for art, in which buyers
fiercely competed for works of utmost quality, provenance and beauty.
The auction's selling through rates — 95% sold by lot and 99% sold by value — reaffirmed Christie's position as market leader for the category.