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art collecting

Gustav Klimt's Mysterious Nude Portrait Breaks Record with $108.4 Million Sale

‘Lady with a Fan’ was the artist’s last portrait. It was found sitting on the easel of his studio after he died. ‘Lady with a Fan’ was the artist’s last portrait. It was found sitting on the easel of his studio after he died. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their…

An IPO for a Painting? This $55 Million Masterpiece Is Going Public

A portrait by British painter Francis Bacon will be publicly listed this summer, giving investors the ability to buy and sell shares in an artwork on a stock exchange for the first time. A portrait by British painter Francis Bacon will be publicly listed this summer, giving investors the ability to buy and sell shares in an artwork on a stock exchange for the first time. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s…

Collectors Bristle at Nude Bathers, but Bid Up Portrait of Artist Stanley Whitney

After $1 billion in art sales in less than a week, cracks show during Christie’s sale. After $1 billion in art sales in less than a week, cracks show during Christie’s sale. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not…

Freddie Mercury Estate Sale to Auction Original Lyrics to “We Are the Champions” and More

Freddie Mercury, the iconic lead singer of the rock band Queen, also had a crazy little thing for collecting art—amassing an eclectic trove of Fabergé clocks, Victorian paintings and Japanese woodblock prints that are now headed for auction. After the rock legend died in 1991, his former fiancé and lifelong friend Mary Austin kept everything he owned enshrined and largely unseen in his London home. On Wednesday, Ms. Austin said she was finally ready to sell off his belongings at Sotheby’s this fall.…

The Art Market Is All About the 0.1%

The art market is starting to look like a painting that has too much of the action crammed into one corner. Artworks worth an estimated $67.8 billion were sold globally in 2022, according to a report this week from art-show organizer Art Basel and UBS. Although the industry had already made a full recovery from the pandemic by 2021, it seems to be cooling. Last year’s 3% growth was lower than expected. Sales were split…

Iconic ‘Great Wave’ Print Sells for $2.8 Million at Christie’s

Who knew it was still possible to collect an iconic work of art for under $3 million? Case in point: On Tuesday, Christie’s in New York sold Katsushika Hokusai’s “Under the Well of the Great Wave off Kanagawa” for $2.8 million—a new record high for the 1830-32 woodblock print.Christie’s only expected the work to sell for between $500,000 and $700,000, but six bidders pushed it higher in a battle that lasted 13 minutes. The telephone bidder, fielded by Christie’s deputy chairman Tash Perrin, remains anonymous. Dealers said…

Could Leonora Carrington Be the Next Frida Kahlo?

Surrealism got its start as a boys’ club in 1920s Paris, but lately the art world has started paying more attention to several surrealist women based in Mexico.Global sensation Frida Kahlo continues to lead this pack, with an auction record of $34.8 million reset two years ago and museums selling merchandise festooned with her signature unibrow, from tote bags to dolls. Collectors have also started scouting for alternatives in part because Kahlo only created around 150 pieces, and Mexico can now also claim anything by her…

Publishing Magnate Si Newhouse’s Art Trove Could Sell for Near $150 Million

The estate of publishing magnate Samuel Irving Newhouse Jr. took note last fall when collectors clamored after Microsoft co-founder Paul Allen’s $1.6 billion record-setting estate sale. Heartened by the art market’s resilience, the publisher’s family said Tuesday it plans to follow suit—auctioning off more of Mr. Newhouse’s own trove this spring. The move marks the third time the Newhouse estate has plied his pieces into sales since he died six years ago at age 89—a trickling strategy that contrasts…

Picasso’s ‘Guitar on a Table,’ Long Held by MoMA, Sells for $37.1 Million at Sotheby’s

A foundation for CBS founder William Paley has started selling off a trove of masterpieces long lent to New York’s Museum of Modern Art to fund an expansion of the museum’s digital footprint—including a Pablo Picasso that sold Monday for $37.1 million. The sale at Sotheby’s landed a week after Christie’s made auction history selling Microsoft co-founder Paul Allen’s $1.5 billion art estate. While Mr. Allen’s art stirred up a…