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
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…
Art World’s First $1 Billion Week
And the hits just keep on coming. Last night Christie’s offered a large selection of Postwar and Contemporary works of art and the results were super hot. Of the 82 lots, 72 sold (88%) and the total take was $658.5M. … More…
A Rothko Tops Sotheby’s Contemporary Art Auction
Last night’s sale did not have the BIG lots to beat the competition and in the end, of the 63 works offered only 55 sold (87%). The sale’s total hit $379.7M – pre-sale estimate was $315-$411M … so even without the buyer’s … More…
Painting of the Day (AVAILABLE): Daniel Ridgway Knight’s “Madeleine & Maria on the Terrace”
Source: Madeleine & Maria on the Terrace – we just added this incredible two figure painting by Daniel Ridgway Knight (1839-1924) to our available online inventory. This particular work was created at the height of his artistic career (c.1899-1905) and features … More…