New York’s Everson Museum is selling its only Jackson Pollock (1912-1956) painting to fund efforts to diversify the collection. Painted in 1946, ‘Red Composition’ is expected to fetch between $12 million and $18 million (£9 million – £13.5 million) at Christie’s upcoming 20th Century Art auction in New York.
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There was some sunshine at Sotheby’s London (10 February) despite the gloomy forecast for the London auction season, when Lucian Freud’s ‘Pregnant Girl’ (1960-61) sold for an eye-watering £16.1 million (including buyer’s premium).
Six buyers fought over the portrait of the artist’s teenage lover, Bernadine Coverley. The sale price far surpassed the estimated £7-10 million, which the painting had been expected to fetch. Continue reading
With London’s auction season fast upon us, art enthusiasts are gearing up for the opportunity to view three works by Lucian Freud, one of which is tipped to fetch £10 million.
‘Pregnant Girl’ (1960-61), Freud’s portrait of his teenage lover Bernadine Coverley while she was pregnant with their daughter Bella goes on sale at Sotheby’s on 10 February 2016. Privately owned, it will be the first time the painting is sold at auction and carries an estimated price of £7-10 million. Continue reading
With the summer auctions nearly upon us, we have put together an art lawyer’s guide to buying art at auction
Our first and fundamental tip is research! In an auction, a binding contract is made when the gavel falls, so you need to have done all of your research before then. What this entails will depend on the value of the item. Continue reading
