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
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
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