Wearable Picasso inspired by lovers’ tiff up for sale

A ring crafted by Picasso to smooth over a lover’s spat is expected to fetch up to £500,000 at auction.

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

Basquiat smashes world records for art

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