29 April 2012


Rare Marilyn Monroe Photo Portfolio To Be Sold

Bonham’s Offers Complete Bert Stren Set Of Monroe Prints – Bert Stern may not have been the first photographer to capture Marilyn Monroe, but he was definitely the last to secure a professional session with the screen icon. In July 1962, the young Bert Stern was given access to three sittings in order to capture […]

26 April 2012


Super Rich Viktor Vekselberg Sues Christies For Fake Painting

Russian oilman and art collector Viktor Vekselberg is demanding a £1.7 million refund from auction house Christies. Vekselberg – worth over £7billion and the 64th richest person in the world – believes that he was sold a fake painting and is taking the case to the High Court. The painting in question is entitled as […]

16 April 2012


World’s Most Wanted Stolen Art

As Cezanne’s ‘Boy in a Red Waistcoat’ turns up in Serbia, we wonder about the fate of other stolen works of art   The Art Loss Register – the international index of stolen works – has 350,000 stolen artworks on file. But where are they? Traded on the black market and hanging in private homes? […]

13 April 2012


Sotheby’s Puts Munch Scream On View In London

 iconic masterpiece on display for one week at auction house The last privately owned rendition of Edvard Munch’s The Scream has gone on view in London at Sotheby’s for one week. It will go under the hammer in New York, on 2 May 2012 and is expected to fetch $80m or more. This could be […]

24 March 2012


Vincent van Gogh London Residence Up For Grabs

Update – Savills Auction which took place on 27 March has finished and the property has been sold for £565,000. Ever dream of owning something by the painter Vincent van Gogh?  His paintings sell for millions and that would be the price for a minor one. These days the purchase of a major work by […]

20 March 2012


China Steals Global Art Market Dominance From USA

China is now the world’s biggest market for art and antiques, ending the USA’s decades of domination Hailed by the finders, as ‘perhaps one of the most fundamental and important changes in the last 50 years’, this historic moment – indicating the wider general movements in the global economy as a whole – has been […]

17 March 2012


Maastricht Fair Offers 1.3b Dollar Art Feeding Frenzy

Britain benefits from ‘Museum Where Everything Is For Sale’ fair TEFAF Maastricht, has opened to the public and by all accounts it is off to a good start. Often described as a “museum where everything is for sale”, the event welcomed 10,000 visitors at the preview yesterday.The fair was designed by Tom Postma, this year, […]

12 March 2012


Important Warhol Collection Goes Under The Hammer

Ex Brigitte Bardot Husband’s estate to be sold in May London,The art collection of the late playboy art dealer Gunter Sach, husband of Brigitte Bardot and friend of the artist Andy Warhol will be sold at Sotheby’s London in an auction in May. The sale contains over 300 items, ranging from iconic Pop Art works […]

6 March 2012


Banksy Kate Moss In Bonham’s Urban Art Auction

17 Banksy Artworks Go Under The Hammer In London On 29th March Bonhams annual Urban Art Auction is set to  bring in thousands of pounds, in ‘Artist Resale Rights’ for the British born international graffiti artist Banksy.The market for his work is buoyant and the sale includes no fewer than 17 works by the elusive […]

3 March 2012


Andy Warhol’s The Scream Goes Under the Hammer In London

As the world awaits Edvard Munch’s Original to be sold in New York in May Sotheby’s London, biannual sale of Old Master, Modern and Contemporary Prints held on Thursday, 29 March 2012, is highlighting Andy Warhol’s rare version of “The Scream (After Munch). The print is illustrated on the cover of the sale showing just […]

16 February 2012


Big Bucks For Francis Bacon And Lucian Freud At Christies

Francis Bacon’s 1963 Portrait of Henrietta Moraes sold for nearly £20 million, while newly discovered Freud drawing doubles pre-sale estimate at a Christie’s sale of post-war and contemporary art The painting was described in the catalogue as ‘the most seductive painting of a female figure ever realised by Francis Bacon’. Strangely, Christie’s had declined to […]

11 February 2012


Henry Moore Breaks Damien Hirst Auction Record

Most expensive British bronze sells for £19.1 million At Christie’s Christies has broken the auction record for the most expensive work of British sculpture sold. The work of art, by Modernist Henry Moore depicts a reclining female figure resting on her elbow. The abstract bronze,titled Reclining Figure was created for the Festival of Britain in […]

10 February 2012


Liz Taylor Van Gogh Sees Collection Sale Make Massive $183 Million

Three paintings from the Hollywood star Liz Taylor’s collection have sold for nearly £14million at auction. The three works, by some of the biggest names in art history – Van Gogh, Edgar Degas and Claude Pissarro – fetched an incredible  £13,787,750 at a Christie’s sale – smashing the paltry pre-sale estimate of £6.2million. Unsurprising, the […]

6 February 2012


Super Rich Keep Sotheby’s and Christie’s Afloat

Christie’s and Sotheby’s report booming business thanks to patronage of the super rich, with Ten Richest Clients Responsible For 10% Of Art Auction Revenue It may appear bizarre that, in the midst of such turbulent economic times, business at auction houses Christie’s and Sotheby’s is booming. Christie’s, for instance, has announced sales of £3.6bn – […]

5 February 2012


Cezanne Breaks Record For Worlds Most Expensive Painting

Qatar Royal Family pay £158m for The Card Players The nation of Qatar which is better known for its oil than its European art collection has purchased a painting by the post Impressionist, Paul Cézanne for what is thought to be the highest price ever paid for a work of art. The Card Players was […]

2 February 2012


Auction Atrium Has Ceased Trading With Immediate Effect

Managing Director Allison Earl Woessner Locks the door on Kensington online auctioneers

1 February 2012


Christie’s And Sotheby’s Defy Resale Tax With Massive Sales

Artist’s resale royalty charge as yet fails to dent auction house prospects In the face of the January enactment of the artist’s resale royalty charge, London’s auction houses have lined up a killer set of Impressionist, Modern and Contemporary art sales that could total an incredible £562 million. If achieved, this would be one of […]

27 January 2012


Art Dealer Sought in £3m Art Fraud

Picasso Matisse and Klee works Defrauded By Cook Fine Art In New York A Madison Avenue art dealer has been charged with defrauding a client of $4 million. It appears that Robert Scott Cook sold works by Picasso, Manet, Matisse, Renoir and others, keeping the money himself. Federal prosecutors said. Robert Scott Cook used his […]

25 January 2012


Sothebys Sale of Richter, Warhol And Freud To Make £35 Million

  February Contemporary Art Sale will include works by Gerhard Richter, Andy Warhol, Francis Bacon, Lucian Freud, Bridget Riley, Jean-Michel Basquiat, Takashi Murakami, Alighiero Boetti, Alberto Burri, and Leon Kossoff With 2011 being Sotheby’s 3rd most successful year of all time for Contemporary Art, – totalling at an incredible $1.17 billion – the auction house is […]

25 January 2012


Elizabeth Taylor Frans Hals Goes Under The Hammer

Portrait Realises £1.4 GBP at Christies Auction on 25 January A portrait from the 17th century which once graced the home of Hollywood legend Elizabeth Taylor and authenticated as a genuine Frans Hals, goes under the hammer at Christie’s New York,today. “Portrait of a Man,” painted in the early 1630s is offered in their sale […]

24 January 2012


Art Collection Fund Seduces Rich To Invest In Art

The Art Collection Fund seduces new investors with promise of 12% return from $80,000,000 investment in art Investors are to be invited to invest in a European investment group with plans to purchase $80 million worth of modern and contemporary art for a predicted annual return of 12 % over four years. ‘The [Art Collection] […]

14 January 2012


Fake Damien Hirst Spot Prints Man In Court

Jail for art dealer in fraudulent Hirst print scam Richard Silver, a part time New York art dealer, who purchased $40,000 worth of fake Damien Hirst prints in 2006 from an ebay seller, in Irvine, Calif, has been sentenced to 60 days in jail for falsifying records and appraisals  for a series of fake Damien […]

9 January 2012


Art Market Beats Stock Market Once Again

Art gave 11 per cent return to investors in 2011, making art a better investment than stocks for second year in a row Despite apparently all pervasive economic gloom elsewhere, the art market has given an incredible 11 % return to investors in 2011 – making art a better investment than stocks for a second […]

30 December 2011


Warhol Proves Cash Cow In $10bn Art Boom

Art Market Reports $10.6bn Record For 2011 Market uncertainty and global instability has led to the biggest grossing year ever, for sales of art at auction. Auction house pre Christmas results have recorded a total of £6.8bn GBP or $10.6bn for this year. This was up on last year’s $9.5bn.  China, was the largest growth […]

17 December 2011


Millions In Art Donations Boost UK Museums

Turner, Hepworth and Sickert saved for the Nation to enjoy National treasures worth millions  were saved from export and purchased for public collections in lieu of taxes across the UK, in the last year . They are highlighted in the 57th annual report of the Reviewing Committee on the Export of Works of Art and […]

13 December 2011


Bainbridge Chinese Vase £50m Still Outstanding

We reported on 7 March that the record-breaking £51m Pinner Vase, an 18th century Qianlong-dynasty ceramic sold from a suburban London auction house had been part paid for, by a third party agent. Well the deposit was paid but the lot still remains outstanding and in limbo. The plot thickens, as it is understood that […]

19 November 2011


Bonhams Breaks Records For Lowry And Henry Moore

This week’s 20th Century British and Irish Art sale at Bonhams broke the world auction record for a work on paper by Henry Moore. After a considerable bidding war, the 1941 drawing of a seated mother and child sold for £634,850. It was featured in last year’s major retrospective of Henry Moore at the Tate […]

18 November 2011


William Boyd’s Fictional Nat Tate Sells For £7000

Sotheby’s auctions for Modern and Post-War British Art make £8m, selling work by Lowry and the fictional creation Nat Tate Sotheby’s held its first ever evening auction of Modern and Post-War British Art this week, and by all accounts this inaugural event was a success for the house, with the combined total from the evening […]

17 November 2011


Asian Art Market In Uncertain Health

Confusion as last week’s total sales of Asian Art hit impressive £57.4 million, despite fact that 44% of lots remained unsold As we reported earlier this month, London has over the past few weeks been host to one of the world’s major Asian art events: Asian Art in London. Officials from the major auction houses […]

11 November 2011


Kate Moss Portrait To Sell For Big Bucks At Bonhams

Portrait of Kate Moss set to be sold at Bonhams next week for £18,000, alongside famous images by Robert Maplethorpe and David LaChapelle A nude black and white portrait of supermodel Kate Moss taken by celeb and fashion photographer Albert Watson is set to make £18,000 when it goes on sale next at Bonhams in […]

8 November 2011


Damien Hirst Is Saving Grace For Lukewarm Auction

  Buyers lack enthusiasm at first post-war and contemporary sale of the season, uncharacteristically held by Phillips De Pury Phillips De Pury hosted the first post-war and contemporary sale of the season last night, and, whilst results were by no means as disappointing as those seen at Christie’s last week, neither could the sale be […]

3 November 2011


Impressionist And Modern Art Sotheby’s Comes Up Trumps

Sotheby’s have enjoyed considerably more success at their first “Impressionist and Modern Art” sale of the autumn season than their rivals Christie’s, who suffered mixed results on November 1st. In contrast to the Christie’s sale, where excessive estimates for the leading lots seemed to put potential buyers off, the top-valued piece at Sotheby’s – Gustav […]