Monthly archive

January 2021 Market Intelligence

23 headlines

23 headlines

Search and filter

Source-linked reporting

Headlines

23 headlines
Fine art

Van Gogh’s Japanese girl could fetch record $10m at auction

theartnewspaper.com

Van Gogh’s drawing La Mousmé (1888) could fetch up to $10 million at Christie’s in New York, as part of a sale titled A Family Collection: Works on Paper, Van Gogh to Freud. The work, based on a painting in Washington, DC, was looted during the Nazi era and restitution ongoing; the current owner is unnamed, belonging to the family of London dealer Thomas Gibson.

Fine art

Botticelli portrait sells for $92 million at Sotheby’s

artnews.com

Sandro Botticelli’s Portrait of a Young Man Holding a Roundel sold for $92.2 million at Sotheby’s New York, setting a high mark in the Old Masters sale and surpassing its pre-sale expectations. The painting led a night in which six artist records were set, though 13 of 43 lots went unsold. The buyer was described as a Russian private client bidding through Sotheby’s Lilija Sitnika, with the underbidder coming from Asia.

Fine art

Sotheby’s Market Update: NEWSFLASH NEWSFLASH SANDRO BOTTICELLI'S PORTRAIT OF A YOUNG MAN HOLDING A ROUNDEL SELLS FOR RECORD $92.2 MILLION AT SOTHEBY'S NEW YORK | Old Master Paintings

Sotheby’s

Sotheby’s documents the market development behind NEWSFLASH NEWSFLASH SANDRO BOTTICELLI'S PORTRAIT OF A YOUNG MAN HOLDING A ROUNDEL SELLS FOR RECORD $92.2 MILLION AT SOTHEBY'S NEW YORK | Old Master Paintings. Its account reports that sANDRO BOTTICELLI'S RENAISSANCE MASTERPIECE PORTRAIT OF A YOUNG MAN HOLDING A ROUNDELSELLS FOR RECORD $92.2 MILLION AT SOTHEBY'S NEW YORK The Highest Ever Price Achieved for an Old Master at Sotheby’s Shatters Previous Botticelli Auction Record By 9 Times One of the Greatest Renaissance…

Fine art

A Botticelli portrait sells for $92.2 million at Sotheby’s in New York

news.artnet.com

Sandro Botticelli, Portrait of a Young Man Holding a Roundel (circa 1444/5–1510), sold for $92.2 million at Sotheby’s Old Masters sale in New York, becoming the second-most-expensive Old Master at auction. The work, Young Man Holding a Roundel, was bought by an unnamed collector after bids, with a pre-sale estimate of around $80 million.

Fine art

Christie’s Market Update: RESULTS: Christie's Old Master & British Drawings including property from The Cornelia Bessie Estate Totals $3,803,875 - Christie's

Christie’s

Christie’s documents the market development behind RESULTS: Christie's Old Master & British Drawings including property from The Cornelia Bessie Estate Totals $3,803,875 - Christie's. Its account reports that new York — Christie’s online auction Old Master & British Drawings including property from The Cornelia Bessie Estate achieved a total of $3,803,875 and was 83% sold by lot, 100% sold by value and 137% hammer above low estimate.

Fine art

Sotheby’s Market Update: 2021 Art Market Trends and Predictions

Sotheby’s

Sotheby’s documents the market development behind 2021 Art Market Trends and Predictions. Its account reports that 6 The distinctions between art fairs, galleries, and auction houses will continue to blur in 2021 as the primary and secondary markets converge at an even greater scale than last year.

Dispute over Guarneri violin

dw.com

The Guarneri violin, crafted in Cremona in the 18th century, is at the center of a dispute between a foundation and heirs over whether it qualifies as Nazi looted property or was sold before 1945 without coercion. The instrument was owned by Felix Hildesheimer, who acquired it in 1938 and later died by suicide as he attempted to flee Nazi Germany; his family faced persecution. The Franz Hofmann and Sophie Hagemann Foundation acquired the violin in 1974, but provenance is incomplete and the foundation is investigating restoration needs.

Anger over failure to pay compensation for violin seized by Nazis

thejc.com

The article discusses the current holders of a valuable 1706 Giuseppe Guarneri violin who are under pressure to compensate the heirs of its Jewish former owner, whose music shop was seized by the Nazis. The instrument is valued at about €150,000 (roughly £133,200), and experts say it could be worth at least $1 million if repaired; the owner Felix Hildesheimer’s shop faced boycotts and was seized by the Nazis, and he committed suicide in 1939.

Rare Violin Tests Germany’s Commitment to Atone for Its Nazi Past

nytimes.com

Catherine Hickley reports on a 1706 violin from the workshop of Giuseppe Guarneri at the center of a restitution dispute in Germany, involving Felix Hildesheimer, a Jewish music dealer, and his heirs. The piece questions Germany’s restitution commitments as the heirs seek compensation for a looted instrument valued at about $185,000.

Fine art

Thwaytes v Sotheby’s [2015] EWHC 36 (Ch) – summary of judgment and facts

boodlehatfield.com

Thwaytes v Sotheby’s [2015] EWHC 36 (Ch) concerns Mr. Thwaytes's claim against Sotheby's over a painting later deemed possibly by Caravaggio. The article outlines the sequence of events, including the initial assessment as a 17th century copy, the Olympia sale, the hammer price of £42,000, and subsequent claims by Sir Denis Mahon. The parties discussed include Mr. Thwaytes, Sotheby’s, Mrs. Orietta Benocci Adam, and Sir Denis Mahon.

Fine art

Christie’s Market Update: PRESS RELEASE: Exceptional Works on Paper Collection to be Offered in Dedicated Sale, London and New York, 1 March 2021 - Christie's

Christie’s

Christie’s documents the market development behind PRESS RELEASE: Exceptional Works on Paper Collection to be Offered in Dedicated Sale, London and New York, 1 March 2021 - Christie's. Its account reports that giovanna Bertazzoni, Vice Chairman, 20th – 21st Century, Christie’s: “Christie’s is thrilled to launch the 20th Century season of Spring sales in London and New York with a collection of exquisite works on paper put together by an exceptional eye.

Fine art

Italy police recover stolen painting; museum unaware of theft

reuters.com

Reuters reports that police recovered a 500-year-old painting from the school of Leonardo da Vinci, stolen from the Basilica di San Domenico Maggiore in Naples; the San Domenico Maggiore museum staff were unaware it was missing. The painting, a copy of Salvator Mundi attributed to Leonardo da Vinci, was found in an apartment on the outskirts of Naples and its 36-year-old owner was arrested on suspicion of receiving stolen goods.

Fine art

Christie’s Market Update: Old Master & British Drawings including property from The Cornelia Bessie Estate | 14-28 January - Christie's

Christie’s

Christie’s documents the market development behind Old Master & British Drawings including property from The Cornelia Bessie Estate | 14-28 January - Christie's. Its account reports that new York – Christie’s online auction Old Master & British Drawings including property from The Cornelia Bessie Estate will be offered for sale 14-28 January and will feature works from the 15th to the 19th centuries, with a particular focus on drawings by some of the greatest 18th century French…

Fine art

Following $12M Pollock sale, Everson Museum acquires contemporary works by Shinique Smith, Ellen Lesperance, more

everson.org

The Everson Museum of Art in Syracuse announced the acquisition of seven works by emerging and mid-career artists, including Shinique Smith and Ellen Lesperance, following a $12 million Pollock sale. The Pollock painting Red Composition (Painting 1946) was deaccessioned and later sold for $12 million at Christie’s New York, with $13 million including buyer’s premium; proceeds fund acquisitions of artists of color, women, and under-represented artists.

Fine art

In surprise ruling, Kandinsky painting will not be returned to Jewish collector heirs

hyperallergic.com

Wassily Kandinsky’s Bild mit Häusern (Painting with Houses) in the Stedelijk Museum Amsterdam remains with the museum after an Amsterdam District Court ruling upholding a 2018 decision. The case involves heirs of Jewish collectors Lewenstein and Irma Klein; the painting was bought by the Amsterdam City Council in 1940 for 160 guilders, amid Nazi-occupation concerns, with the sale originally by Lewenstein’s father. The Dutch Restitutions Committee had previously rejected a claim for return in 2018, citing no evidence of a forced sale, amid ongoing national restitution debates.

Rare 310-year-old violin stolen from art dealer’s Los Feliz home

tarisio.com

The article reports that a rare 1710 Amati violin owned by art dealer Rowland Weinstein was stolen from his Los Feliz home, with the instrument valued at over half a million dollars in 2013 and potentially more today. The theft occurred after Weinstein left the violin in his car, a white Tesla, which was stolen; no suspects have been identified and the FBI is involved.

Viva La Musica Diamond viola shoulder rest walnut

sharmusic.com

The article discusses Viva La Musica Diamond viola shoulder rest walnut, priced at $55.03 (originally $68.79) with a savings of $13.76. It notes in stock status, remaining quantity, and describes features like ergonomic S-shaped solid wood design and the Lateral Adjustment Clamping System.

Pre-Owned Karl Joseph Schneider Premier Viola at Shar Music

sharmusic.com

Shar Music lists a pre-owned Karl Joseph Schneider Premier viola with price $2,790.00 (originally $3,100.00), sold out status, SKU TKJS70V15, and available sizes 15", 15.5", 16", and 16.5". The description notes it is from a partner workshop in Germany, with a rich tonal palette and antiqued varnish, designed for advancing students seeking versatility; instrument only with no accessories.

Market Intelligence

Continue exploring the archive.

Search sourced headlines by artist, maker, category, date, or market context.

View All Headlines