Monthly archive
9 headlines
Source-linked reporting
theartnewspaper.com
Damien Hirst's 2008 sale at Sotheby’s and Lehman Brothers' collapse are cited as catalysts for a decade-long look at the art market's rebound. The article discusses the post-recession recovery, including Clare McAndrew’s figures on global sales and the emergence of the Chinese market, and references contemporary artists such as Damien Hirst, Jeff Koons, Richard Prince, and Takashi Murakami.
sothebys.com
The artwork discussed is Zao Wou-Ki's Juin-Octobre 1985, an oil on canvas triptych, which Sotheby’s states will lead the Hong Kong Autumn sales with an estimated value in excess of HK$350 million ($45 million). The article notes the work’s commission by I. M. Pei for Raffles City in Singapore and provides context on Zao Wou-Ki’s international recognition.
theartnewspaper.com
Sylvie Sulitzer, granddaughter of Alfred Weinberger, received Renoir's Two Women in a Garden (1919) at a restitution ceremony in New York. The painting had been looted by the Nazis and linked to Weinberger, a Jewish art collector who fled Paris. The event was attended by Robert Morgenthau and marked a pivotal restitution moment.
theartnewspaper.com
Salvator Mundi, attributed to Leonardo da Vinci, spent about 50 years in Baton Rouge, Louisiana. The painting was later identified as a Leonardo and reauthenticated, with its provenance tracing back through families and dealers; the Wall Street Journal reports the Louisiana stop and prior ownership details.
news.artnet.com
Damien Hirst’s former manager Frank Dunphy’s collection sold at Sotheby’s London, grossing more than £10 million ($13.2 million) and surpassing its £5.2 million–£7.3 million ($6.8 million–$9.5 million) pre-sale estimate. The sale included works primarily by Hirst and YBA contemporaries, with notable pieces by Lucio Fontana and Andy Warhol, and 98 lots with a 92 percent sell-through rate.
news.artnet.com
Ezra Chowaiki was sentenced by a US district judge to 18 months in prison for wire fraud related to an investment scam that defrauded high-profile collectors, including Helly Nahmad and Baby Jane Holzer, of millions. The court also imposed three years of supervised release and an order to forfeit interests in more than 20 artworks and to pay restitution to victims. Chowaiki founded a gallery on Park Avenue and staged exhibitions by Picasso, Calder, Chagall, and Degas; he pleaded guilty in May to wire fraud.
thenationalnews.com
The article reports that a ten-metre-long triptych by Zao Wou-Ki, titled Juin-Octobre 1985, sold for $65 million at Sotheby’s Hong Kong, setting a world auction record for the Chinese-French artist. It notes the work was commissioned by IM Pei and mentions prior record prices including a Christie's sale of 29.01.64 for $26 million.
Sotheby’s
Sotheby’s documents the market development behind The History of Now: The Collection of David Teiger. Its account reports that 14 November 2018 \| 6:30 PM EST \| New York](https://www.sothebys.com/en/auctions/ecatalogue/2018/the-history-of-now-the-collection-of-david-teiger-n09990/lot.1T.html).
Sotheby’s
Sotheby’s documents the market development behind Creating a Stage: The Collection of Marsha and Robin Williams. Its account reports that creating a Stage: The Collection of Marsha and Robin Williams](https://www.sothebys.com/en/auctions/2018/creating-a-stage-collection-of-marsha-and-robin-williams-n09977.html).