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Elizabeth Taylor Continues to Command Big Bucks

Elizabeth Taylor Continues to Command Big Bucks

Bullet Shih January 27, 2012 0

After her jewelry collection was sold at Christie’s last month for a whopping $155 million, Taylor’s painting Portrait of a Man by Dutch Old Master Frans Hals went for over twice the presale estimate

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Green Art

Green Art

Bullet Shih January 24, 2012 0

Bloomberg is reporting that the Luxembourg Art Collection Fund plans to raise $80 million, buy a variety of art over a 4 year period and then simply sell the entire hoard for $160 million

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Spots of a Different Color:  Gagosian Sued for Selling Lichtenstein without Owner’s Consent

Spots of a Different Color: Gagosian Sued for Selling Lichtenstein without Owner’s Consent

Bullet Shih January 23, 2012 0

The New York Times has reported that mega art dealer Larry Gagosian who has blanketed the world with Damien Hirst’s spot paintings has found himself in a tricky spot for allegedly selling the spotted

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Elgin Marbles ☺ Saddam’s Buttock ☹

Elgin Marbles ☺ Saddam’s Buttock ☹

Bullet Shih January 20, 2012 0

The Herald Sun has reported that Nigel “Spud” Ely was recently arrested for trying to flog a buttock from a Saddam statue in Iraq on ebay for £250,000.  A surprised Spud is quoted as

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Holbein’s Darmstadt Madonna Sold to German Screw Maker for over $70 Million

Holbein’s Darmstadt Madonna Sold to German Screw Maker for over $70 Million

Bullet Shih January 19, 2012 0

Bloomberg has reported that Holbein’s Darmstadt Madonna which was previously on loan to the Städelschen Kunstinstitut in Frankfurt since 2004 has been sold to the German billionaire screw industrialist Reinhold Würth for over $70

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Ronald Coles, the Bernie Madoff of Australian Art World Faces up to 10 Years in Prison

Ronald Coles, the Bernie Madoff of Australian Art World Faces up to 10 Years in Prison

Bullet Shih January 17, 2012 0

Ronald Coles, once one of Australia’s leading art dealers, boasting of annual turnover of over A$ 30 million and seen driving a Bentley with the vanity plates BUY ART was just charged with 77

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Perpetuating the Scam: Art Dealer Resells Fake Hirst Spot Prints

Perpetuating the Scam: Art Dealer Resells Fake Hirst Spot Prints

Bullet Shih January 16, 2012 0

Edward Silver purchased $40-45,000 in fake Hirst spot prints on ebay in 2006.  After a court case in 2008, the seller, Vincent Lopreto was arrested and sent to jail for creating fraudulent certificates of

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Yuan to Buy Some Art: Zhang and Qi Top Picasso in 2011

Yuan to Buy Some Art: Zhang and Qi Top Picasso in 2011

Bullet Shih January 13, 2012 0

According to Bloomberg via international art sales monitor artprice, Picasso is no longer the the most sought after artist in terms of  total auction sales, thus ending an amazing run where annual sales of

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Hedge Funder Pierre Lagrange Claims to Have Purchased $17 Million Fake Pollock

Hedge Funder Pierre Lagrange Claims to Have Purchased $17 Million Fake Pollock

Bullet Shih January 11, 2012 0

According to The Art Newspaper, Pierre Lagrange who was listed as one of Wall Street’s most powerful art collectors has recently filed a complaint that Ann Freedman, the embattled former director of the recently

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Picasso’s Woman’s Head and Mondrian Landscape Stolen from the National Gallery in Athens

Picasso’s Woman’s Head and Mondrian Landscape Stolen from the National Gallery in Athens

Bullet Shih January 9, 2012 0

This morning at 4:52 two paintings were stolen from the National Gallery in Athens.  One of the paintings, Woman’s Head was painted by Picasso in 1934 and is listed as being a gift to

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$3.8 Million Headache: Stolen Magritte Returned to Museum After Theives Fail to Find Buyer

$3.8 Million Headache: Stolen Magritte Returned to Museum After Theives Fail to Find Buyer

Bullet Shih January 9, 2012 0

In a brazen robbery on September 24, 2009, two armed men stormed into a small Magritte museum in Brussels and after rounding up the staff and visitors, made off with Magritte’s painting  Olympia that

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Lucien Freud Prints Expected to Fetch Over £1.2 in Sale to Coincide with Retrospective at the National Portrait Gallery of London

Lucien Freud Prints Expected to Fetch Over £1.2 in Sale to Coincide with Retrospective at the National Portrait Gallery of London

Bullet Shih January 3, 2012 0

The artist grandson of Sigmund Freud, Lucien Freud who passed away last year in July, will have a retrospective of his works at the National Portrait Gallery of London opening on February 9, 2012.  Hoping

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Business Insider’s list of Wall Street’s 27 Most Powerful Art Collectors

Business Insider’s list of Wall Street’s 27 Most Powerful Art Collectors

Bullet Shih January 2, 2012 1

Business Insider has recently released its list of  Wall Street’s 27 Most Powerful Art Collectors.  However, it should probably be re-titled Wall Street’s 27 Most Powerful Men* (*who also happen to buy art among

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2011 Contemporary Arts Sales up 35% as Christie’s and Sotheby’s top $1.6 Billion

2011 Contemporary Arts Sales up 35% as Christie’s and Sotheby’s top $1.6 Billion

Bullet Shih December 29, 2011 0

According to Bloomberg calculations, Sotheby’s and Christie’s made a combined $1.7 billion during their 12 evening sales of contemporary art in2011 with Sotheby’s $844.1 million barely edging out Christie’s $834.3 million.  Contemporary art is

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Van Gone?: 9 Year Anniversary of Theft from Van Gogh Museum in Amsterdam

Van Gone?: 9 Year Anniversary of Theft from Van Gogh Museum in Amsterdam

Bullet Shih December 7, 2011 0

On December 7, 2002,  Dutch-born Octave “The Monkey ” Durham and his accomplice Henk B. put on fake mustaches and used a ladder left against the building by workers to climb to the first

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Leonardo painting purchased for $72 in 1958 now worth an estimated $200,000,000

Leonardo painting purchased for $72 in 1958 now worth an estimated $200,000,000

Bullet Shih July 17, 2011 0

Lost Leonardo purportedly worth $200 million found by a group of Art investors to go on display at London’s National Gallery in November. Due to Gallery policy, the painting will not be for sale.

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Hot Art and and Fine Wine for a Steal in Hoboken

Hot Art and and Fine Wine for a Steal in Hoboken

Bullet Shih July 17, 2011 0

No longer an exclusive bastion of reclusive Japanese businessmen and Bengal tiger owning Shieks, Hoboken sommelier Mark Lugo showed that what was once an illicit pleasure of the super rich is now possible for

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