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Texas Man Discovers $1 Million Early Diego Rivera in His Home Office
During the recently aired PBS’s Antiques Roadshow filmed in Corpus Christi, Texas in August 2012, a local man was amazed to find that a painting purchased by his great-grandparents was actually a lost painting
Read More »Simon de Pury Leaves Phillips de Pury
Making the transition from eponymous to anonymous, Carol Vogel at the New York Times has reported that Simon de Pury and his wife Michaela have stepped down from the auction house that has spent
Read More »Dali Print Found in Thrift Store Nets $21K…For the Thrift Store
The Huffington Post has reported that a sharp eyed worker at the Tacoma Goodwill Store spied a donation that might be worth a little more that yor average tea set or old Dunlap tennis
Read More »Sale of Warhol Works from Foundation Realizes $17 Million at Christie’s
As part of the Warhol Foundation’s shift in focus from preserving and presenting Warhol’s estate to that of being a well endowed foundation focusing on grants and licensing Warhol’s images, the Warhol Foundation auctioned
Read More »Richter Breaks Living Artist Auction Record at $34 Million
A smear painting by German artist Gerhard Richter has broken the auction record for a living artist at Sotheby’s Contemporary Evening Sale in London on 2012 October 12. The painting Abstraktes Bild (809-4) of 1994
Read More »$100K Renoir Found at West Virginia Flea Market
The Telegraph is reporting that a woman purchased what is believed to be an original Renoir oil painting at the Harpers Ferry Flea Market in Harpers Ferry, West Virgina. It did not appear to
Read More »Rare Beatles Painting Emerges From Under Japanese Bed
The Atlantic has reported that perhaps the only painting done and signed by all four members of the Beatles is now up for sale after being stored under a bed in Japan for the
Read More »Warhol Foundation to Unload Its Entire $100 Million of Andy’s work
The New York Times has reported that The Andy Warhol Foundation has just agreed to divest itself of all artworks by Andy Warhol through a special agreement with Christie’s. According to president Joel Wachs,
Read More »$10 Million Picasso Found in Indiana Museum Basement After Being Lost for 50 Years
While there have been plenty of stories regarding priceless Picassos being stolen from museums, the Guardian offers the recent story of a museum finding a Picasso that they forgot that they had. The Evansville
Read More »Art Dealer Charged with Creating $1.3 Million Collection Out of Book Illustrations
A federal grand jury has indicted Madison, Connecticut art dealer David J. Crespo, owner of the Brandon Art Gallery for defrauding clients by selling them fake Chagall lithographs and fake Picasso works from a
Read More »Louis Bourgeois, Joan Mitchell…Sharon Davson???
A few months ago, we commented on a piece by the Economist that compared the top prices paid by male artists versus those paid for female artists which concluded that male artists fetched
Read More »New Goya Painting Found!
A painting by Francisco de Goya of Lot and his daughters has recently been attributed to him after hanging in a Spanish collection for 80 years without the owner knowing that it had been
Read More »Christie’s to Refund £1.7 Million for Fake Russian Painting
Several months ago we reported about Russian oligarch Viktor Vekselberg and his lawsuit against Christie’s over the purchase of a painting by Boris Kustodiev titled Odalisque purportedly painted in 1919. The Telegraph has reported
Read More »Churchill Painting to Be Sold for Over $1 Million
The Telegraph has reported that a previously unknown painting by former Prime Minister Sir Winston Churchill will be sold this coming month. The painting is a still life with orchids painted by Churchill in
Read More »Tintin in America Goes to the Moon!
On Saturday, an original cover from the 1932 Tintin in America sold for 1.3 million euros at the Artcurial auction house in Paris making it the highest priced piece of comic art ever sold.
Read More »Van Gogh Museum Acquires Pollard Willow Watercolor
The Washington Post has reported that the Van Gogh Museum in Amsterdam has acquire the watercolor Pollard Willow earlier this year at an auction in London for €1.5 million ($1.9 million). This is the
Read More »Rocker Pete Doherty Sells Amy Winehouse Blood Painting for £35,000
The Guardian has reported that the painting titled Ladylike that was a joint piece by badboy rocker Pete Doherty and the recently deceased trouble rocker Amy Winehouse sold at auction for £35,000. The
Read More »Many More Munchs to Market?
After the hype of Edvard Munch’s $119.9 million sale of the Scream has started to die down, the BBC has reported that Kraft Foods is exploring the sale of 12 Edvard Munch wall murals
Read More »Munch’s Scream Sells for $119.9 Million
The much anticipated Sotheby’s Impressionist and Modern auction netted a whopping $330.6 million last night with the highlight of the evening undoubtedly being the sale of one of four versions of Edvard Munch’s
Read More »Christie’s Impressionist and Modern Sale Makes a Statement Without Screaming
While many in the world of art and money are awaiting Sotheby’s auction this evening where a version of Munch’s Scream is expected to go anywhere from $80 to $200 millon, Christie’s put
Read More »Russian Oligarch Suing Christie’s Over Alleged Forgery
Russian oligarch Viktor Vekselberg listed by Forbes as the 64th wealthiest person in the world is suing Christie’s over the purchase of a painting by Boris Kustodiev titled Odalisque purportedly painted in 1919. The
Read More »Nic Forrest Talks with artnet CEO Hans Neuendorf
Art Market blogger Nic Forrest sits down for an interview with artnet CEO Hans Neuendorf to talk about the state of the online art auction sphere and how he sees it developing. Neuendorf presents
Read More »Banksy Works Break the Bank
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
Read More »Man Buys $2,000,000 Warhol Drawing at Las Vegas Garage Sale for $5
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
Read More »Sotheby’s to Sell Tamara de Lempicka Painting Not Seen Since the 1920s
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
Read More »William Eggleston Sale at Christie’s
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
Read More »Picasso’s Child with Dove Up For Sale
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
Read More »British Museums Drop £45 Million on a Titian
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
Read More »Commodity Prices Soar! Tate Buys $44.3 Million Worth of Ai Wei Wei Sunflower Seeds
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
Read More »A Yen for Yuan: Sotheby’s to Open Chinese Office
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
Read More »The $80 Million Scream
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
Read More »Results from Indian Auction House Saffronart’s First Impressionist and Modern Sale a Little Bland.
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
Read More »After Rocky Start, Christie’s Sale of Impressionist and Modern Works Exceeds High Estimate
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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