The Royal Opera House has announced its ‘Portrait of Sir David Webster’ by David Hockney will go under the hammer at Christie’s 20th Century: London to Paris sale on 22 October in London to raise essential funds.
Continue readingTag: auctioned art
Effects of Brexit already beginning to be felt by art market
The effects of Brexit are already rippling through the art market as British artist Jenny Saville set a sales record for her work at Sotheby’s London on Tuesday (28 June).
Buoyed by what one London art adviser described as a “10% discount” on account of the drop in value of the pound, Chinese billionaire Liu Yiqian picked up Saville’s “Shift” (1996-97) for the Long Museum in Shanghai for £6.8 million with buyer’s premium. Last year, Liu made headlines when he purchased Modigliani’s “Nu couché” for £113 million. Continue reading
Sacred artefacts auctioned in the face of protests
A collection of sacred Native American objects was auctioned at Drouot Richelieu, Paris on 31 May in the face of widespread protests from US officials, tribal leaders and the public.
Organised by EVE (Estimations Ventes aux Enchères) auction house, the Art Amerindien, Art Precolombien, Afrique et Oceanie sale offered 314 objects. These included a war shirt made from hair from humans scalps and several Hopi tribal objects. Continue reading
Restituted painting to be sold at Christie’s
A painting from a valuable collection seized during World War II has been restituted to its French Jewish heirs, the New York Times reports.
“A Regatta on the Grand Canal,” by the 18th century Italian artist Vincenzo Chilone was discovered when its Italian owners decided to sell it this year. Continue reading