15 February 2011

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Christie’s, Sotheby’s and Phillip’s de Pury Contemporary Art Sales

RESULTS: Feb 17th – 7pm Phillips de Pury and Company Contemporary Art Evening Auction The Auction sale totalled £5,409,200. The highest individual piece was for a Jean-Michel Basquiat at £1,127,650 Feb 17th – 1pm Sale: 7956 Christies Post War and Contemporary Art Day Auction The Auction sale totalled £14,273,225. The highest individual piece was for […]

17 March 2009

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Test Case Challenge Over Fake Jean-Michel Basquiat To limit Auction Houses Liability

New Ruling may challenge limits of auction houses’ liability Background: Tony Shafrazi, who was Basquiat’s primary dealer, says he bought the 1982 untitled piece from Christie’s in 1990 for $242,000, and resold it a year later to collector Guido Orsi. In his suit filed this month in Manhattan Supreme Court, the Iranian-born dealer, who has […]