Archive for July, 2012

Christie’s have to reimburse Victor Vekselberg pounds 1.7m for fake Kustodiev – 27/7/12

Jul 28th, 2012 | By

Anita Singh – The Telegraph Viktor Vekselberg, one of the world’s richest men, paid £1.7 million for Odalisque, a nude said to be the  work of Russian artist Boris Kustodiev. The price was 10 times the pre-sale estimate and represented the “pure absurdity” of the art market, the court heard. Soon after the purchase in
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Swiss Freeports are home for a growing treasury of Art – New York Times – 21/7/12

Jul 22nd, 2012 | By

SIMON STUDER started his career in a basement vault in a warehouse complex near the heart of this city, known for international banks and outrageous prices. It was a strange job. Every day, someone would open the vault and lock him inside until it was time for lunch. Then he’d be let out of the
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The State Russian Museum in St. Petersburg – a major exhibition of Russian painters of the Second Half of the XX century, 10/7/12.

Jul 10th, 2012 | By

Courtesy of Stephen Justesen of TKM gallery. “Realism in Russian Art of the Second Half of the XX Century”. The Tkachev Brothers, Valentin Sidorov, Vladimir StozharovAleksei Gritsai, Sergei Gerasimov, Yuri Kugach. On July 4th, The State Russian Museum opened a major exhibition of Russian Realism from the Second Half of the Twentieth Century. This period
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Masterpiece Fair in London reports solid sales, 9 July 2012

Jul 10th, 2012 | By

Over 5,175 UK and international collectors, many of who had flown in especially to attend the third fair has confirmed Masterpiece in a unique position as a central force to the international art market. ‘This year has seen Masterpiece London settle in and cement its position at the centre of London’s vibrant art market…’ said
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How long can the art market walk on water – Art Newsapaper – 05 July 2012

Jul 6th, 2012 | By

The wealth of the super-rich is keeping the miracle going but mostly for the best works By Charlotte Burns. Market, Issue 237, July-August 2012 Published online: 05 July 2012 Art-world royalty: David Rockefeller with his record-breaking Rothko The top end of the art market appears to keep climbing, despite fresh crises in the currency and banking
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