Art advisors Simon and Michaela de Pury have had their $10 million (£7.9 million) commission affirmed by the Court of Appeals in London. The couple facilitated the sale of a Paul Gauguin artwork owned by Ruedi Staechelin on the strength of a handshake agreement. Continue reading
In February we reported that Gauguin’s Nafea Faa Ipoipo (When Will You Marry?) was rumoured to have been the world’s most expensive art purchase in history.
The vertiginous $300m price tag for the 1892 oil painting seemed unbelievable – it was $50m higher than the former world record, held by Cezanne’s The Card Players, and almost ten times as much as the previous highest price ever paid for a Gauguin, Te Poipoi (The Morning), also painted in 1892, which went for $39.2m at Sotheby’s in 2007. (The Card Players was also bought by Qatar). Continue reading