On Tuesday evening, a rare oil painting by Claude Monet sold for a record-breaking $110.7 (£85.7 million) at a Sotheby’s sale in New York. Continue reading
A life-size portrait by Elisabeth-Louise Vigée Le Brun has sold for a staggering $7.18 million (£5.5 million) at Sotheby’s Old Masters sale in New York. Continue reading
A US$12 million (£9 million) painting sold under duress in Nazi-occupied Austria will go under the hammer at Sotheby’s this month. Continue reading
The next time you go rummaging in your cupboards, you may like to think twice before carting your unloved bric a brac off to the charity shop in case you are sitting on a goldmine. Continue reading
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
Containing a miniature cubist portrait of photographer, painter and poet, Dora Maar, the ring was presented to her by Picasso after they quarreled. His lover and muse, Maar had persuaded Picasso to exchange one of his artworks for a ruby ring. After Picasso grew irritated with her over the deal Maar tossed the cabochon gem into the Seine. Continue reading
A painting by late US artist Jean-Michel Basquiat has smashed several art market records after it sold for US$110.5 million (£85.4 million) at auction at Sotheby’s New York on Thursday night (18 May).
The untitled work from 1982, which depicts a face in the shape of a skull rendered in oil stick, acrylic and face paint is the most expensive work by any US artist to have sold at auction. It also marks a new record for a work by Basquiat, is the highest price ever paid for an artwork by an African-American artist and is the sixth most expensive work ever sold at auction. Continue reading