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October 2000 Market Intelligence

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Fine art

INSIDE ART; Leaving Las Vegas

nytimes.com

Carol Vogel wrote INSIDE ART; Leaving Las Vegas, published Oct. 27, 2000, in The New York Times. The article discusses Stephen A. Wynn's art acquisitions and subsequent disposal after MGM Grand's acquisition of Mirage Resorts, including works by Degas, van Gogh, Picasso, and Matisse, and mentions the Bellagio Gallery of Fine Art and related auctions.

Fine art

Oil canvas yields top bid at Ewolfs auction

farmanddairy.com

Arthur Quartley oil on canvas On Narragansett Bay sold for $16,560; Adoration of the Shepherds attributed to Hendrik van Balen the Elder sold for $12,240; floral still life circle of Jean-Baptiste Monnoyer sold for $7,130; Emile Gruppe’s Nymphs sold for $9,200; Max Bohm’s A Young Girl Knitting sold for $7,245; 18th-19th century Continental furniture and decorative items also sold for various totals including $6,785, $5,750, and $2,875; a set of 12 Steuben goblets brought $6,647; Greek vases realized $15,950 plus the ewolfs’ premium.

Fine art

Seattle Art Museum and Knoedler Gallery agree to settle dispute with cash

archive.seattletimes.com

The Seattle Art Museum and Knoedler Gallery in New York agreed to modify their settlement over the ownership history of a Matisse painting, with Knoedler to provide a cash settlement instead of a replacement painting. The funds will go into SAM's acquisition fund as SAM considers future purchases, and the exact amount of the settlement was not disclosed.

Violin virtuoso

eu.capecodtimes.com

Anna Crebo reports on violinist Gil Shaham, who is set to perform with the Sejong Soloists in Mashpee, including remarks on his schedule, recent recording of Tree Song by John Williams, and the centennial celebration of Symphony Hall with Seiji Ozawa and the Boston Symphony Orchestra.

Fine art

Seattle gets pick of paintings after Matisse loss

archive.seattletimes.com

Seattle Times article about a settlement over Matisse Odalisque involving Knoedler & Co. and the Seattle Art Museum (SAM); the painting was returned to heirs of Paul Rosenberg, and Knoedler will provide SAM with one or more artworks or cash equivalent and cover legal costs.

Violin virtuosos Rachel Barton demonstrates the Ex-Parera violin of 1679 by Antonius Stradivarius at Sotheby’s in Chicago (Sotheby’s first US musical instrument sale since 1986)

gettyimages.co.jp

The page describes Rachel Barton demonstrating the Ex-Parera violin, a 1679 Antonius Stradivarius, at Sotheby’s in Chicago. It notes the instrument was part of Sotheby’s auction of musical instruments on October 6, 2000, and estimates its value between $1.4 million and $1.6 million. The credit is Tim Boyle/Staff, image number 665039 from the Hulton Archive.

Fine art

U of Oklahoma receives $50 million bequest of Impressionist art

chronicle.com

The University of Oklahoma received a bequest of Impressionist artwork worth about $50 million, including 22 paintings and 11 works on paper by artists such as Degas, Monet, Renoir, and Van Gogh, from Clara Weitzenhoffer. The gift is described as potentially the largest ever of French Impressionist art to an American public university, and the university plans to build a new wing to display the bequest.

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