Art For Lunch Too – European Art (Part 2)
Christie’s followed up yesterday’s morning sale with European Art Part 2 in the afternoon… this would offer more of the lower to mid-level material. Surprisingly, the sale got off to a quick start as the first 18 lots found buyers; … More…
Art for Breakfast – European Art (Part 1)
Being that Christie’s is along my walk to work every day, I decided to spend the first bit of my morning watching the auction action in person… Part 1 of Christie’s European Art sale kicked off at 10 am and … More…
Drama At The Upper Levels Of The Art Market… cont.
Back in our Volume 209 Comments on the Art Market, we briefly touched upon a suit filed against Gagosian Gallery by contemporary art collector, Steve Tananbaum. According to multiple reports, Tananbaum purchased 3 works by Jeff Koons through Gagosian… after … More…
How To Safely Navigate The Art Market: Title
In the art world, title has two meanings – the name of a work and legal ownership. For now, I will be discussing the latter. Title is a legal term used to describe, in our case, the ownership of a work … More…
Bonhams London – Foujita Dominates
We often talk about an auction’s ability to either meet or beat its estimate. Most times, salerooms struggle to hit the mark … often requiring the addition of the buyer’s premium to settle in range. Then, there are those rare … More…
2 Minute Rant: YOU ARE NOT #BANKSY!
Geez! Unless you live under a rock, you’ve heard that anti-consumerist, anonymous street artist, Banksy, recently pulled-off his greatest publicity stunt yet… Shredding one of his most iconic works, “Girl With A Balloon” as it hung on Sotheby’s wall just … More…
Rybolovlev Turns His Sights On Sotheby’s
As Russian billionaire Dmitry Rybolovlev continues his legal battle against art agent Yves Bouvier, he has now turned his sights on Sotheby’s pocket. A quick recap…Rybolovlev purchased 38 masterpieces (12 of which passed through Sotheby’s), totaling over $2 billion, from … More…
“I am a good person who did terrible things”
The gavel struck, and swindling art dealer, Ezra Chowaiki, is heading to prison. Don’t remember this case? Here is a quick reminder… Several duped investors/collectors filed fraud charges against Ezra Chowaiki after paying/investing hundreds of thousands of dollars for works … More…
Comments on the Art Market – Volume 214
We are pleased to present Volume 214 of our Comments on the Art Market. In this issue, we cover two upcoming shows: Texas Contemporary (which opens on October 4th in Houston) and The Modern Muse (opening at the gallery on … More…