Sotheby’s Loss Doubles As Margins Fall, Expenses Rise
Amazing to think that with all the BIG prices they get, the firm still loses money. Guess that is why they continue to increase the buyer’s premium and are now going into the ‘retail gallery’ business. Source: Sotheby’s Loss Doubles … More…
Rare Renaissance Bust Acquired By Minneapolis Institute of Arts
The 1505 terracotta bust of Saint John the Baptist, by Benedetto da Rovezzano has found a new home! Creating art during the same time as Leonardo, Michelangelo and Raphael, Rovezzano’s biblical sculpture has been added to the collection of the … More…
Painting of the Day (SOLD) – Theophile Mayan’s “Fin de Journee, en Provence”
Here is a fabulous painting by the French 19th century Realist artist Theophile Henri Mayan that we sold many years ago. It was exhibited at the Paris Salon in 1890 and now resides in California. See more here: Theophile Mayan’s … More…
Soutine $18 Million Pastry Chef Leads Christie’s Auction
More on the Christie’s sale … as I said last night there were a few good results; but overall, the sale was rather lackluster. Top lot was the Chaim Soutine which sold for over $18M (est. $16-$22M) which was still … More…
The Final Numbers For Christie’s Sale
The Christie’s sale is over and the numbers were not as strong as last night’s sale. Total take was $158.5M (low end of the estimate was $139.6M … so they needed the buyer’s premium to beat the number). There were … More…
Christie’s – The Other Impressionist Sale
Well, what a difference a day makes … results here, while strong in certain instances, were weak in others. During the Christie’s sale, 0ne of the top lots – Andre Derain’s Madame Matisse au kimono (est. $15-$20M) – filed to … More…
House Painter Accused of Stealing Art From NY Estate
Joselito Vega is facing up to 26 years in jail after being arrested for charges stemming from the theft of a number of artworks which were taken from the estate of Michael Schulhof in Kings Point, NY. Vega, a 42 … More…