A $59 Million Klimt Tops a Landmark Sotheby’s Auction in London
This past week’s sales in London were very strong and at the end of the month we will cover all the action. I am posting this short article because I found the last paragraph very interesting: Before the auction, Klimt’s … More…
SOLD: Edouard Cortes’s “L’Arc de Triomphe”
Source: L’Arc de Triomphe – this 1930s Paris Street scene by Edouard Cortes (1882-1969) came and went before we could add it to our available inventory. The Arc de Triomphe, the most illustrious symbol of French national history, stands in the … More…
Comments on the Art Market – Volume 195
Source: Newsletter Archives – our latest edition of Comments on the Art Market was just released. In this issue we cover the upcoming Charleston show, Skin & Tonic (a gallery exhibition featuring over 100 paintings by Todd Casey and David Palumbo), The … More…
Modern technology meets high Renaissance
270,000 digital frames and 455 man hours later, the fresco’s decorating the Sistine Chapel have been photographed for the first time in over a decade. Michelangelo’s famous ceiling frescos from the 14th century, along with the celebrated “Last Judgment”, have … More…
The art fair is dead, long live the art fair
I was a little puzzled by Cornell Dewitt’s assertion that: Art fairs do not struggle or close because of competition from other fairs; they close because of competition for their client galleries’ and visitors’ money and attention… As a longtime exhibitor … More…
Market Shifts Away from Auction Model Towards Dealer Sales
Tefaf’s annual report on the health of the art market is out and there were some interesting findings. First, there is a new author – Rachel Pownall, Professor of Finance at Maastricht University School of Business and Economics (Clare McAndrew … More…