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Arts Industry Rebound?  Yes! States Americans for the Arts

Arts Industry Rebound? Yes! States Americans for the Arts

Bullet Shih April 16, 2012 0

  Americans for the Arts has recently released a press release stating that the Arts Industry has indeed rebounded from the lows seen in 2009.  However, there does not seem to be much cause

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$100 Million Stolen Cezanne Recovered in Serbia

$100 Million Stolen Cezanne Recovered in Serbia

Bullet Shih April 13, 2012 0

Reuters is reporting that through an international coordinated police action, the Cezanne painting Boy in a Red Waistcoat stolen from the E. G. Buehrle Collection in Zurich in 2008 has been recovered in Serbia. 

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Banksy Works Break the Bank

Banksy Works Break the Bank

Bullet Shih April 10, 2012 0

The Telegraph has reported a recent surge in the prices of the ubiquitous street artist Banksy’s work especially among the more mass market limited edition prints. Often overlooked in the press reports was the

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Man Buys $2,000,000 Warhol Drawing at Las Vegas Garage Sale for $5

Man Buys $2,000,000 Warhol Drawing at Las Vegas Garage Sale for $5

Bullet Shih April 4, 2012 0

The UK Sun is reporting that English businessman Andy Fields was rummaging through a garage sale in Las Vegas in 2010 when he stumbled upon an early Andy Warhol drawing of 1930s singer and

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Venetian Prince Robbing Villas Blind

Venetian Prince Robbing Villas Blind

Bullet Shih April 2, 2012 0

In one of the more unbelievable stories of art theft that could be straight out of the Thomas Crown Affair , Cristiano Barozzi, Prince of Santorini has recently been busted in Venice with a

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Knoedler in Hot Water Again for Another Alleged Forgery

Knoedler in Hot Water Again for Another Alleged Forgery

Bullet Shih March 30, 2012 0

The NY Post has reported that the once prestigious Knoedler Gallery is heading to the courts again over another alleged forgery.  The painting in question is a purported Mark Rothko work from 1956 that

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Sotheby’s to Sell Tamara de Lempicka Painting Not Seen Since the 1920s

Sotheby’s to Sell Tamara de Lempicka Painting Not Seen Since the 1920s

Bullet Shih March 27, 2012 0

Sotheby’s has just announced that they have received a consignment of a Tamara de Lempicka painting, NU ADOSSÉ I that has been out of the public view since it was exhibited in a contemporary

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An Inside Job? $200 Million in Stolen Pica$$os

An Inside Job? $200 Million in Stolen Pica$$os

Bullet Shih March 26, 2012 0

Le Monde is reporting an interesting case in which involves two separate troves of over 250 unknown works by Picasso which were in possession of his chauffeur and electrician who worked for the Spanish

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Rubens Crucifixions 70s Revivals

Rubens Crucifixions 70s Revivals

Bullet Shih March 19, 2012 0

The recent discovery of a second Mona Lisa in the Prado has the art world abuzz, however there has recently been similar activity in the Ruben’s Crucifixion arena that has somewhat flow under the

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William Eggleston Sale at Christie’s

William Eggleston Sale at Christie’s

Bullet Shih March 15, 2012 0

Christie’s recent sale of  photos in New York by American photographer William Eggleston found buyers for all 36 lots totaling $5.9 million, averaging approximately $164 thousand a photo.  The star lot was an untitled

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Stolen Italian Artwork Cache Recovered After 41 Years

Stolen Italian Artwork Cache Recovered After 41 Years

Bullet Shih March 9, 2012 0

Adnkronos.com has reported a major victory for Italian police in Rome after they have recovered 37 stolen paintings that have been missing for 41 years.  The stash includes valuable paintings by Rubens, Poussin, and

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Picasso’s Child with Dove Up For Sale

Picasso’s Child with Dove Up For Sale

Bullet Shih March 8, 2012 0

Walesonline.co.uk has reported that the owners of the early Picasso, Child with a Dove have asked Christie’s to sell the work.  The painting is owned by the Welsh Aberconway family and has been exhibited

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British Museums Drop £45 Million on a Titian

British Museums Drop £45 Million on a Titian

Bullet Shih March 7, 2012 0

Artdaily.org has reported that Britain’s National Gallery and the National Galleries of Scotland have joined forces to purchase Titian’s masterpiece Diana and Callisto from the Duke of Southerland for £45 million.  This will enable

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Commodity Prices Soar! Tate Buys $44.3 Million Worth of Ai Wei Wei Sunflower Seeds

Commodity Prices Soar! Tate Buys $44.3 Million Worth of Ai Wei Wei Sunflower Seeds

Bullet Shih March 5, 2012 0

The Guardian is reporting that the Tate just purchased 8 million individual sculptures or 10 tons of the approximately 100 tons of the sunflower seeds exhibited last year at the Tate Modern.  Although the

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$1 Million Chillida Sculpture Stolen From Cologne Gallery

$1 Million Chillida Sculpture Stolen From Cologne Gallery

Bullet Shih March 5, 2012 0

  Artdaily.org has reported that a valuable steel sculpture by Basque artist Eduardo Chillida has been stolen from the Baukunst Galerie in Colonge on February 29th during open hours. Gnomon II, weighing around 20

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A Yen for Yuan: Sotheby’s to Open Chinese Office

A Yen for Yuan: Sotheby’s to Open Chinese Office

Bullet Shih March 1, 2012 0

While Sotheby’s has had an office in Hong Kong since 1973, they have recently upped the ante.  Art Market Monitor has reported that yesterday CEO Bill Ruprecht held a conference call to state that

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Italy to Seize $38.8 million From Cy Twombly’s Estate

Italy to Seize $38.8 million From Cy Twombly’s Estate

Bullet Shih February 29, 2012 0

With mounting public deficits, it appears that the latest rage is for countries to try to replenish their coffers from the estates of dead dealers and artists.  While the US is going after money

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Booma-Laing! Lost Head Found

Booma-Laing! Lost Head Found

Bullet Shih February 27, 2012 0

Last week it was reported that a sculpture by George Laing was stolen from the Kelvingrove Museum in Glasgow.  Well all’s well that ends well as within a week, artlyst.com is reporting that police

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What’s the Difference Between a Worthless Rauschenberg and One Worth $65 million? A Bald Eagle

What’s the Difference Between a Worthless Rauschenberg and One Worth $65 million? A Bald Eagle

Bullet Shih February 24, 2012 0

While people are now accustomed to astronomical estimates for contemporary art coming out of Christie’s and Sotheby’s, Forbes has a behind the scenes look at the high art appraisal game where the two parties

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Heady Heist at Glasgow’s Kelvingrove Museum

Heady Heist at Glasgow’s Kelvingrove Museum

Bullet Shih February 23, 2012 0

  Scottish television has reported that a visitor to the museum last Sunday walked out with a sculpture by Scottish artist George Laing during visiting hours around 4:30 in the afternoon.  The work was

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The $80 Million Scream

The $80 Million Scream

Bullet Shih February 21, 2012 0

Sotheby’s has just announced that they have received a version of  Edvard Munch’s Scream for their Contemporary and Modern Auction on May 2nd, 2012.  Photo via Sotheby’s One of only four versions of the

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Results from Indian Auction House Saffronart’s First Impressionist and Modern Sale a Little Bland.

Results from Indian Auction House Saffronart’s First Impressionist and Modern Sale a Little Bland.

Bullet Shih February 21, 2012 0

Saffronart which conducted its first online sale of Impressionist and Modern art on February 15th and 16th realized somewhat mediocre results as the auction sold only 44% or 32 of the 73 lots up

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Suspicious Character at the Carwash May Just be an Undercover Agent Looking for Tips on  Stolen Renior

Suspicious Character at the Carwash May Just be an Undercover Agent Looking for Tips on Stolen Renior

Bullet Shih February 17, 2012 0

The Houston Chronicle is reporting that Bob Wittman, a former federal agent who specializes in art crimes has joined forces with the local authorities to try to crack the case of a stolen Renoir.  Madeleine

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Eeek! Fear Said to Increase Appreciation of Abstract Art

Eeek! Fear Said to Increase Appreciation of Abstract Art

Bullet Shih February 16, 2012 0

Miller-mccune.com is reporting a recent study by Kendall Eskine, a research psychologist at Loyola University New Orleans that proposes that fear heightens one’s appreciation of abstract art.  This seems to also have been proven

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Case Closed!  Karel Appel Trove of Stolen Art Recovered

Case Closed! Karel Appel Trove of Stolen Art Recovered

Bullet Shih February 15, 2012 0

In a recent post after the theft of the Picasso and Mondrian in Athens, we commented that Picasso was the reigning King of Stolen artworks.  Only a little further down the list was Dutch

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Lincoln Family Victims of Dishonesty: Portrait of Mary Todd a Hoax

Lincoln Family Victims of Dishonesty: Portrait of Mary Todd a Hoax

Bullet Shih February 14, 2012 0

The New York Times has reported that a portrait presumed to be that of Mary Todd Lincoln, Abraham Lincoln’s wife was deemed to be a fake after some cleaning and conservation found that details

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Trustee Removed from Art Dealer Allan Stone’s $300 million Estate

Trustee Removed from Art Dealer Allan Stone’s $300 million Estate

Bullet Shih February 13, 2012 0

Artnet has reported that a spat which came to a head last summer over the stewardship of legendary art dealer Allan Stone’s $300 million estate has been resolved by  judge Anthony Scarpino, Jr. as

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After Rocky Start, Christie’s Sale of Impressionist and Modern Works Exceeds High Estimate

After Rocky Start, Christie’s Sale of Impressionist and Modern Works Exceeds High Estimate

Bullet Shih February 8, 2012 0

Last night’s sale of Impressionist and Modern paintings at Christie’s London was certainly not without drama as the auction came out of the gate quickly with the sale of a Van Gogh , a

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Facebook Graffiti Artist Set to Reap $200 million Windfall Profit

Facebook Graffiti Artist Set to Reap $200 million Windfall Profit

Bullet Shih February 6, 2012 0

In 2005, graffiti artist David Choe was hired by Facebook president Sean Parker to paint Facebook’s first offices in Palo Alto, California,  The New York Times reports, As pay, Mr. Parker offered Mr. Choe

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I’ll See Your 50 and Raise You $250 Million: Qatar Gets Serious With Cezanne’s Card Players

I’ll See Your 50 and Raise You $250 Million: Qatar Gets Serious With Cezanne’s Card Players

Bullet Shih February 3, 2012 0

In the high stakes poker game that is the current art market, Qatar has just trumped all players with a record breaking $250 million private purchase of Cezanne’s Card Players.  Vanity Fair has reported

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Chinese Auction Houses Burst onto Global Scene

Chinese Auction Houses Burst onto Global Scene

Bullet Shih February 2, 2012 0

The two largest emerging economies, China and India, generally have two distinct styles when it comes to growth.  India methodically goes for slow steady growth while China likes to do it with a bang

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Picasso Reigns as King of Stolen Works

Picasso Reigns as King of Stolen Works

Bullet Shih February 1, 2012 0

After the recent heist of Picasso’s Woman’s Head in Athens, The Daily Mail has presented the statistics compiled by the Art Loss Registry and found that Picasso reigns supreme as the King of stolen

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A Picasso for the boot of your Rover? Indian Online Auction House Expands into Western Art

A Picasso for the boot of your Rover? Indian Online Auction House Expands into Western Art

Bullet Shih January 30, 2012 0

After Indian car maker Tata Motors made a push into the west by purchasing venerable British carmakers Jaguar and Rover in 2008, it seems one of their auction houses may have similar ambitions.  Artdaily.org

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