Annual archive

2002 Market Intelligence

114 headlines · 12 months

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Monthly archive

  1. 12December10 headlines · 9 fine art · 1 rare strings
  2. 11November13 headlines · 12 fine art · 1 rare strings
  3. 10October4 headlines · 2 fine art · 2 rare strings
  4. 09September5 headlines · 5 fine art · 0 rare strings
  5. 08August8 headlines · 6 fine art · 2 rare strings
  6. 07July12 headlines · 11 fine art · 1 rare strings
  7. 06June16 headlines · 12 fine art · 4 rare strings
  8. 05May10 headlines · 10 fine art · 0 rare strings
  9. 04April6 headlines · 4 fine art · 2 rare strings
  10. 03March7 headlines · 7 fine art · 0 rare strings
  11. 02February13 headlines · 11 fine art · 2 rare strings
  12. 01January10 headlines · 8 fine art · 2 rare strings

Highlights

Fine art

Man Sues Over Picasso Stolen by Nazis

latimes.com

The grandson of a Jewish woman who fled Nazi Germany seeks $10 million from a Chicago art collector or the return of Pablo Picasso's painting Femme en blanc (Femme assise), alleging it was stolen by Nazis; a temporary restraining order was issued and the painting had been moved to a Chicago apartment.

Fine art

Happy Tears sells for $7.1 million at Christie’s New York

latimes.com

Roy Lichtenstein's 1964 painting 'Happy Tears' sold for $7.1 million at Christie’s New York, setting a record for the artist. The sale was part of a $66.9 million auction of postwar and contemporary art that also saw records for seven other artists, including David Hockney and Laura Owens.

Fine art

Picasso's Le peintre et son modèle brings $889,500 in New York

antiquesandthearts.com

Pablo Picasso's Le peintre et son modèle, 1964, sold for $889,500 at Christie’s Impressionist and Modern Art day sale in New York. The top lot was followed by Andre Derain’s Le jardin at $592,500 and Marc Chagall’s La piste du cirque at $526,500.

Fine art

Doubts persist about newly discovered Rubens

artforum.com

Sotheby’s is reacting to questions about the authenticity of the $120 million Peter Paul Rubens painting The Massacre of the Innocents, reportedly bought by David Thomson and sold in London on July 10. Doubted aspects include a pigment not used by Rubens and questioned wood materials, though Sotheby’s says there has been no change in expert opinions supporting the attribution.

Fine art

The mystery behind the sale of a £49.5m Rubens masterpiece

independent.co.uk

The painting Rubens Massacre of the Innocents sold for £49,506,650 at Sotheby’s in London, surpassing the previous record; Sam Fogg commented on the rapid bidding and the likelihood of public display for the buyer.

Fine art

Swiss museum strikes deal over Kandinsky painting

swissinfo.ch

Wassily Kandinsky’s Improvisation Nr. 10, an oil painting confiscated by Nazi Germany in 1937, will remain in Switzerland after an out-of-court settlement between the Ernst Beyeler Foundation and the heirs of Sophie Lissitzky-Kueppers. The painting will stay in the Beyeler Foundation in Basel, with the deal announced in Basel.

Fine art

Malevich black square goes to the Hermitage

theartnewspaper.com

The article reports that a Malevich painting, a Black square on a white background, was donated by a businessman who paid $1 million and has been placed in the Hermitage after being withdrawn from an auction by Russia’s Ministry of Culture; Vladimir Potanin is named as the buyer who handed the work to the national museum fund for exhibition at the Hermitage in St Petersburg.

Fine art

Picasso portrait of young mistress sells for £16m

independent.co.uk

Picasso portrait Nu au Collier (Nude with Necklace) sold at Christie’s for nearly £16m, making it the most expensive painting sold in London that year. The painting, completed in 1932 during Picasso’s relationship with Marie-Therese Walter, was bought by an unnamed collector at the Impressionist and Modern Art sale. The work’s record price for Picasso remains £38.4m for Femme aux Bras Croises set in New York in 2000.

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