One of the most prominent collectors of Modern Middle Eastern Art has taken Sotheby’s to court for allegedly misrepresenting the value of an Egyptian sculpture in their sale catalogue. Continue reading
Category: Art News
AI, Instagram and first-time jitters: the year in online art sales
‘The future of the online art market is guaranteed, although the shape remains a mystery’, says international specialist global fine art insurer, Hiscox, in its hotly anticipated Online Art Trade Report for 2018. Continue reading
Copycat Damien Hirst owns up to “stealing” ideas
For years, the bad boy of British art, Damien Hirst, has defended himself against accusations of plagiarism. Now it seems he has has given up the fight and owned up to pinching ideas from his fellow artists. Continue reading
Suffragette statue joins boys’ club in Parliament Square
First came the campaign to have Jane Austen printed on the £10 note. Today another hard-fought battle was won as the first ever statue of a woman to be erected in Parliament Square was officially unveiled in London. Continue reading
Pittsfield museum to auction off American masterpieces
Last week, we learned the National Gallery of Canada plans to sell a Marc Chagall painting from its collection to fund another acquisition. Now it seems another museum is clearing house in a bid to raise US$55 million (£39.2 million) to enable it to undertake major renovation works. Continue reading
Can’t a museum sell an artwork in its collection?
Museums and cultural heritage institutions actively acquire art but can they sell it just as easily? The National Gallery of Canada has sparked a debate over this very question with the announcement that it will be selling a painting by Marc Chagall at auction on 15 May 2018. Continue reading
Nazi loot returned to heirs in landmark ruling
A Manhattan judge has awarded heirs of a Holocaust victim two looted artworks, citing the 2016 Holocaust Expropriated Art Recovery (HEAR) Act. Continue reading
Latest Fourth Plinth celebrates the human spirit
The latest sculpture to grace the empty Fourth Plinth in London’s Trafalgar Square has been unveiled today (28 March 2018). Continue reading
Case against alleged art forgery ring collapses
The prosecution of Israeli art dealer and collector Itzhak Zarug and his business partner Moez Ben Hazaz for masterminding a forgery ring has faltered after testimonies from expert witnesses were unable to prove that the works in question were fake. Continue reading
UK dealer accused of money laundering
A London art dealer has been indicted by the FBI following claims of money laundering.
The charges allege that Matthew Green, 50, owner of Mayfair Fine Art Limited, told an undercover federal agent that he could purchase a painting from him “using the proceeds of the stock manipulation deals and later sell the painting to ‘clean the money’ ”. Continue reading
