Restitution Of €20M Painting – Will It Happen?
Over the years, we have seen more and more of these stories … works stolen by the Nazis were sold at bargain prices, and now the heirs want them back. Many end in favor of the heirs, but sometimes it … More…
The ‘Potato Head’ Of Palencia
Usually, when you hire someone to do a job, the first thing you should consider is how well they can do said job… I say “usually” because that was clearly not the case in this instance. A statue, which sits … More…
Talkin’ ‘Bout My Generation
My Generation, the album by The Who, had an impressive performance when it sold at a recent auction. The Who formed in London in 1964… since then, there have been name changes and band member changes, but over the decades, … More…
More Hot Water For Sotheby’s
Last week, the New York Attorney General filed a lawsuit against Sotheby’s alleging that the auction room violated the New York False Claims Act by helping a major client (Porsal Equities, Ltd.) create, and then use, false resale certificates to … More…
Worth More Than Its Weight In Gold
A really rare ancient gold coin just made history when it sold for far more than its ”weight in gold” (it was only about the size of a United States nickel). The coin commemorates the assassination of Julius Caesar as … More…
Sam Orlofsky Fired From Gagosian
According to recent articles in ARTnews & The Art Newspaper (links below), after an investigation brought about by “claims from current and former employees that a colleague engaged in serious misconduct, primarily targeted against women in the Gallery,” Sam Orlofsky, … More…
MET Reviewing Sackler Wing’s Name After Purdue Pleads Guilty
Major institutions are showing their support in the fight against the Opioid Crisis after Purdue Pharma pled guilty to criminal charges over their marketing strategy of OxyContin, a highly addictive painkiller, and agreed to a settlement of $8.3 billion, $225 … More…
To Buy, Or Not To Buy?
To buy, or not to buy, that was the question: whether or not to part with a few sweet dollars to purchase a rare, complete set of William Shakespeare’s First Folio. The book was published in 1623 by Shakespeare’s friends … More…
Opacity In The Auction Market Gets Greater and Greater
The first part of the October 28th evening sales at Sotheby’s featured their Contemporary offerings, plus a piece of furniture and three Alfa Romeos! Now you, like me, might think this makes no sense, but for the auction rooms, it … More…