Archive for February, 2015

Nouriel Roubini

Nouriel Roubini decides Art is an asset class

Feb 28th, 2015 | By

Nouriel Roubini, the leading economist, has lately turned his attention to art and the art market (which he believes needs regulation due to “shady behaviour”).  He has now decided that art is a new asset class.  Actually, art has always been an asset class except previous generations just called it something else.  Throughout history good
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Landscape with Invalid, Nikolai Andronov, oil on board, 105 x 117cm, 1963

Exhibition on Russian artists response to WWII to open at Saatchi Gallery

Feb 17th, 2015 | By

Exploring the legacy of WWII in Russian Art is due to open at the Saatchi Gallery on 13th March and run until 6th April.  The exhibition has been organised by Art Russe, the Saatchi Gallery and the Imperial War Museum. Marking the 70th anniversary of the Victory of the Allies against Nazi Germany, the exhibition The
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Malevich self-portrait achieved 5,749,000 pounds at Sotheby's

The state of the Russian Art Market and the views of Alexander Ivanov

Feb 11th, 2015 | By

The Russian art market has cooled off after a ten-year period of rapidly ascending prices.  Various reasons are given for this such the situation in Ukraine, the collapsing ruble and oil price and US-led sanctions.   These all contribute to the real reason which is uncertainty.  Many Russian art collectors have diversified outside of Russia,
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When Will You Marry, 1892, by Paul Gauguin, recently sold for a reputed US$300m

Gauguin sells for close to US$300m

Feb 7th, 2015 | By

Rumours have been circulating that the fine Tahitian Gauguin of 1892, ‘When Will You Marry?’ has been in play and it has now been announced that it has been sold for a reported US$300m, with the most likely buyer the Royal Family of Qatar.   If Qatar is the buyer, then they have beaten their
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