Taking It On The Chin – Bonhams’ 19th Century
We always talk about quality vs quantity, and then there are times when you do not have the quality or the quantity. The question is: what should you do? My opinion, cancel or face the consequences. That is what happened … More…
MFAA, Inc. Gets The Boot
METROPOLITAN FINE ARTS ANTIQUES INC v. 10 WEST 57TH STREET REALTY LLC The doors are closed, the glitz and glamour have been removed and the lights are out. Let’s back up for a minute… in 2016, three dealers from Metropolitan Fine … More…
Selfie Destruction
Same story… Different work of art. Two works of art came crashing to the ground last week in Yekaterinburg, Russia, as a woman, caught on surveillance, knocked over a structure while taking a selfie. The works, an etching from the Los … More…
Forgeries – One Artist Did All Of Them?
Earlier this week Kati Marjatta Karkkiainen, 46, and Reijo Pollari, 75, art dealers from Finland, were each found guilty of 30 charges of aggravated fraud, and sentenced to four and five years’ imprisonment respectively. A further eight people were also found … More…
Art For Lunch Too – European Art (Part 2)
Christie’s followed up yesterday’s morning sale with European Art Part 2 in the afternoon… this would offer more of the lower to mid-level material. Surprisingly, the sale got off to a quick start as the first 18 lots found buyers; … More…
Art for Breakfast – European Art (Part 1)
Being that Christie’s is along my walk to work every day, I decided to spend the first bit of my morning watching the auction action in person… Part 1 of Christie’s European Art sale kicked off at 10 am and … More…
Drama At The Upper Levels Of The Art Market… cont.
Back in our Volume 209 Comments on the Art Market, we briefly touched upon a suit filed against Gagosian Gallery by contemporary art collector, Steve Tananbaum. According to multiple reports, Tananbaum purchased 3 works by Jeff Koons through Gagosian… after … More…
How To Safely Navigate The Art Market: Title
In the art world, title has two meanings – the name of a work and legal ownership. For now, I will be discussing the latter. Title is a legal term used to describe, in our case, the ownership of a work … More…
Comments on the Art Market – Volume 215
Volume 215 of our Comments on the Art Market was released today. In this issue we cover our Current Shows, Tales from the Dark Side, Really, Stocks, How to Safely Navigate the Art Market (Title), and the all important Art … More…