Monthly archive
11 headlines
Source-linked reporting
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.
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.
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.
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.
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.
news.artnet.com
The article discusses Los Angeles auctioneer Michael Barzman, who admitted creating 25 Basquiat forgeries that ended up at the Orlando Museum of Art. He was sentenced to 500 hours of community service, a $500 fine, and three years of probation for lying to the FBI about the forgeries.
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.
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.
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.
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.
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.