Christie’s and Sotheby’s Race Through the Summer – Online Auction Recap
As the summer of social distancing comes to a close, I thought we could take a look at the auction arena as a whole and what has been going on… it seems the two big houses finally caught up on … More…
American Art – Christie’s
More than a month later (August 7th), Christie’s presented their American painting sale … and overall, this one was far less successful. The most expensive lot in the sale was Mary Cassatt’s Two Little Sisters that brought $420K ($519 w/p … More…
The American Market – Sotheby’s
At the end of June, Sotheby’s offered a selection of American paintings from the 19th and 20th centuries. As you will soon see, the sale performed reasonably well. (w/p = with buyer’s premium) Taking the top spot was Augustus Saint-Gaudens’s Abraham … More…
Betting Big Pays Off
So, here is the follow-up I promised regarding the Mile Trout rookie card that came up for auction this month. After the LeBron James card set a record last month when it sold for $1.8M, it really didn’t take long … More…
Location, Location, Location
What is the difference between Thing 1 and Thing 2? I honestly believe there is only one really big difference, but I will get to that shortly. First, let’s go over what I think are the similarities. Both were produced by … More…
Charging More — Give Me A Break!
Not sure how I missed this one. In May, Sotheby’s announced the following: As of August 1, 2020, Sotheby’s will be implementing a new fee – an Overhead Premium – payable by all auction buyers in our global salesrooms and … More…
Seized Business Records Uncover Looted Indian Antiquities
$1.15 million worth of looted antiques from India are to be returned after they were recovery by the antiques trafficking unit in New York City. In total, the objects include ten antiquities that were recovered during a series of raids … More…
Of Little Value – Easy To Return
It was recently reported that Peter Forner, the son of a German soldier who, during WWII, was ordered to take a painting by Nicolas Rousseau, has returned it to France. The painting is now on display at the World Centre … More…
Pissarro Can Stay
Well, this case was finally settled. Back in 2000, the heirs of Lilly Cassirer sued Madrid’s Thyssen-Bornemisza Collection, over Pissarro’s Rue Saint-Honoré, dans l’après-midi. Effet de pluie (1897). The painting was taken by the Nazi’s in 1939, and in 1976 … More…