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August 2023 Market Intelligence

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21 headlines

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Jay Haide á l’ancien Guarneri model price and description on Philip Brown Violins

philipbrownviolins.co.uk

The page discusses the Jay Haide á l’ancienne Guarneri model violin listed at £1,950. It includes a quoted description about the model being a reproduction of Tommaso Balestrieri from the Ifshin Collection, detailing features such as f-holes, arching, scroll, and wear patterns of the varnish, and notes Balestrieri’s period and locations (1720–1772) as a renowned Italian maker of the Golden Era.

2022 N. Amati model 1658 by Felix Habel Liutaio

felixhabel.it

The page discusses a violin built in 2022 on Nicolò Amati's 1658 models by Felix Habel Liutaio. It notes that the instrument won 1st Prize at the G. B. Guadagnini international competition in Piacenza in 2023 in the antiqued violins category, and mentions a 360° view and a video of the award ceremony.

Fine art

US DOJ files forfeititure complaint for Picasso drawing linked to 1MDB lawyer

artnews.com

The US Department of Justice filed a forfeiture complaint alleging Jasmine Loo Ai Swan purchased Pablo Picasso, Trois femmes nues et buste d’homme (1969), from Christie’s in May 2014 for $1.27 million with misappropriated funds from a Goldman Sachs–underwritten bond sale. The drawing is tied to the 1MDB scandal involving the fund and officials such as Jho Low.

Fine art

Bill Hammond painting Melting Moments 1 sells for $1.7 million

nzherald.co.nz

Bill Hammond painting Melting Moments 1 sold for $1.715m at a Webb’s auction, setting a new record for Hammond. The work is an acrylic on canvas measuring about 1.6 x 2.1 metres and was sold to an online bidder. Other works mentioned include Brent Wong’s The Bequest at $173,000.

Fine art

Christie’s Market Update: ["CHRISTIE’S ANNOUNCES FALL RESIDENCY IN AUSTIN INAUGURAL EXHIBITION: POST-WAR TO PRESENT, LATIN AMERICAN ART AND PRINTS - Christie's", 'CHRISTIE’S ANNOUNCES FALL RESIDENCY IN AUSTIN\nINAUGURAL EXHIBITION:\nPOST-WAR TO PRESENT, LATIN AMERICAN ART AND PRINTS']

Christie’s

Christie’s documents the market development behind ["CHRISTIE’S ANNOUNCES FALL RESIDENCY IN AUSTIN INAUGURAL EXHIBITION: POST-WAR TO PRESENT, LATIN AMERICAN ART AND PRINTS - Christie's", 'CHRISTIE’S ANNOUNCES FALL RESIDENCY IN AUSTIN\nINAUGURAL EXHIBITION:\nPOST-WAR TO PRESENT, LATIN AMERICAN ART AND PRINTS']. Its account reports that aUSTIN, TX – Christie’s is pleased to announce a curated selection of post-war and contemporary and Latin American art auction highlights will be on view in Austin, Texas from Tuesday, September 12 through Thursday, September 14, 2023.

Joseph Kun: master craftsman and innovator

beechwoodottawa.ca

The article profiles Joseph Kun, born April 13, 1930 in Czechoslovakia, a renowned luthier and bow maker who moved to Canada in 1968 and settled in Ottawa. It highlights his designs such as a shoulder-rest for violins, his co-authorship of The Art of Bow-Making, and his awards in 1983, along with mention of his workshop repairs and notable clients.

Fine art

The billionaires behind China’s Long Museum plan to auction about 150 million dollars of art at Sotheby’s this fall

news.artnet.com

Liu Yiqian and Wang Wei, founders of the Long Museum in Shanghai, plan to sell about $150 million worth of Western modern, postwar, and contemporary art at Sotheby’s this fall. Sotheby’s will offer around 50 works from their collection, with artists including Amedeo Modigliani, Zao Wou-ki, René Magritte, David Hockney, Matthew Wong, and Yayoi Kusama.

Fine art

Liu Yiqian and Wang Wei to sell works from their collection at Sotheby’s

artnews.com

Liu Yiqian and Wang Wei, founders of Shanghai's Long Museum, will sell an estimated $150 million worth of art at Sotheby’s this season. The sale will feature works by artists including Amadeo Modigliani, Zao Wou-ki, Kazuo Shiraga, Leonard Foujita, René Magritte, David Hockney, Matthew Wong, Dana Schutz, Nicolas Party, Georgette Chen and Yayoi Kusama, with additional works by Jenny Saville and Kerry James Marshall under consideration.

Canada's Musical Instrument Bank announces 2023 recipients

theviolinchannel.com

The Violin Channel reports that 21 musicians were awarded three-year loans of fine instruments through the Musical Instrument Bank Competition in Toronto. The article lists the recipients and the specific instruments, along with brief context about the Bank's establishment and notable beneficiaries.

Fine art

The Best-Seller List: top ten lots sold in every major category

usaartnews.com

The article discusses top-ten sold works across major categories, including Ultra-Contemporary and Contemporary. It mentions Nicolas Party, Matthew Wong, Jonas Wood, Adrian Ghenie, Cecily Brown, Jean-Michel Basquiat, Yoshitomo Nara, and Mo Ostin as consignor-related, and references Sotheby’s and Phillips Hong Kong in past sales.

1840s era violin stolen from Kelowna musician: police

globalnews.ca

Kathy Michaels of Global News reports that a rare 1840s Italian-made violin was stolen in Kelowna, with authorities asking for help to recover it. The instrument, valued for its monetary and sentimental worth, was likely stolen on Aug. 3 near the lane behind the 700 block of Wilson Avenue, and RCMP are seeking information. Victim contacted RCMP to retrace steps, and tips can be made to Crime Stoppers.

Thieves foiled in attempt to steal nearly $7K violin at Pompano Beach music store

ktvz.com

The story reports that staff at Fiddlershop in Pompano Beach, Florida thwarted an attempted theft of a violin valued at nearly $7,000. The incident occurred at 2703 Gateway Drive and involved a suspect dressed in black, with a second person wearing a colorful bucket hat; the store owner is Pierre Holstein. The same individual had previously targeted the store in May.

Man charged for stealing 286-year-old violin worth more than £150,000 from North London tavern

looespinfo.com

The 1740 Lorenzo Carcassi violin, worth more than £150,000 (about $201,550), was stolen from the Marquess Tavern in North London. Ahmed Sami Madour, 46, has been charged with two counts of theft and pleaded not guilty; his trial is set for May 10, 2027. The instrument was loaned to violinist David Lopez Ibanez of the Philharmonia Orchestra and was described as incredibly precious by police.

Fine art

Leonardo da Vinci's Salvator Mundi to be turned into an NFT by ElmonX and Bridgeman Images

luxurylaunches.com

Leonardo da Vinci's Salvator Mundi, the world’s most expensive painting sold for $450 million at Christie’s New York, is to be minted as an NFT by ElmonX in collaboration with Bridgeman Images. The work is owned by Saudi Crown Prince Mohammed bin Salman and reportedly stored in an unrevealed location; prior context notes its association with MBS and the Serene megayacht.

Fine art

Leonardo's Salvator Mundi returns as an NFT

theartnewspaper.com

Leonardo da Vinci's Salvator Mundi, once sold for $450.3 million at Christie's, is to be minted as an NFT by ElmonX in collaboration with Bridgeman Images. The piece notes previous NFT releases including Mona Lisa, Starry Night, The Thinker, and Nymphéas, and mentions related details about editions and sales on OpenSea.

Fine art

What auction results do and don’t tell us about the state of the art market

artsy.net

The Artsy article discusses what auction results reveal about the art market, noting a decline in sales in the first half of 2023 across major houses, with some indicators of resilience in certain segments and notable high prices such as Louise Bourgeois’s Spider (1996) at Sotheby’s for $32.8 million.

Fine art

‘We never even bid one dollar’: Sheikha Al-Mayassa discusses Salvator Mundi and controversy around Damien Hirst’s foetus works in new book

theartnewspaper.com

The article reports on Sheikha Al-Mayassa bint Hamad bin Khalifa Al Thani discussing Salvator Mundi and Damien Hirst’s uterus sculptures in a new book by Dani Levinas titled The Guardians of Art: Conversations with Major Collectors, with context on her role at Qatar Museums and the art market.

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