Restoring Rothko
Post from May 13, 2014 Back in October 2012, co-founder of the artistic movement “yellowism,” Wlodzimierz Umaniec, vandalized Mark Rothko’s 1958 painting Black on Maroon at the Tate. Rothko donated the work to the museum in 1970 where it has … More…
New Buyers Take Over Art Basel Hong Kong
Asia has shown great demand for contemporary works over the past few years and the market may be as hot as ever right now. This past weekend featured over $1 billion worth of art on display at Art Basel Hong … More…
Corcoran set to close
The Corcoran Gallery of Art, known for its cutting edge contemporary exhibitions, will close it’s doors at the end of the summer. An agreement has been reached where George Washington University will take over ownership of the building and perform … More…
Paul Allen’s Rothko Sells for $56.2 Million at Phillips
Paul Allen’s Rothko Sells for $56.2 Million at Phillips The final contemporary sale took place last night and there were more strong results. When finished, the sale brought in $132M from 46 works on offer (9 failed to sell). The … More…
Something Deeper Than Record-Breaking Auctions
There was a nice article posted yesterday which briefly talks about the massive presence that auction results have in news coverage of the art world and why that should be left for the finance section. Art is supposed to be … More…
Blue Diamond Returns Auction Crown to Christie’s in Just One Day
Blue Diamond Returns Auction Crown to Christie’s in Just One Day – the two biggies always seem to be jockeying for position … this time it was a close race, but in the end Christie’s won. On a side note … … More…