Jeff Gundlach Says Auctions Like $179 Million Picasso Depend On Russian And Chinese Billionaires
Jeff Gundlach Says Auctions Like $179 Million Picasso Depend On Russian And Chinese Billionaires
Interesting point of view … something many of us have been saying for years. Very wealthy individuals are looking for safer places to put some of their money and right now the Chinese are the real active ones. They can buy expensive … More…
Guggenheim descendants in French court battle over art treasures
Guggenheim descendants in French court battle over art treasures
Peggy Guggenheim bought the Palazzo Venir dei Leoni on the Grand Canal to home her incredible collection of contemporary works; now, the most visited museum of modern art in Italy, since her death. When Guggenheim bequeathed the works to the … More…
Mondrian painting sells for record $50.6 million in New York
Mondrian painting sells for record $50.6 million in New York
The highlight of last night’s sales was the record auction price for a Piet Mondrian. Composition No. III, with Red, Blue, Yellow and Black, dating from 1929, was expected to bring $15-$25M, but when the action ended the new owner paid … More…
