Articles

Shareholders list their demands to Sotheby's CEO William Ruprecht

Will aggressive activist investors shake up Sotheby’s? Ivan Lindsay investigates for Spears WMS Magazine

Feb 20th, 2014 | By

BIDDING WARSotheby’s finds itself locked in a battle with Dan Loeb, one of New York’s most aggressive fund managers. Loeb, 51, who refers to himself as an ‘activist investor’ (the current term for corporate raider), has built up a 9.3 per cent stake in the 269-year-old auctioneer using his Third Point LLC. Sotheby’s first realised
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Visitors walk past Breughel's 'Wedding Dance' in the Detroit Intitute of Art

Should Detroit sell off its art?

Feb 11th, 2014 | By

  The City of Detroit is bust.  Selling off its exceptional hoard of art treasures could fix it – but not without complicated and legal consequences.   Ivan Lindsay, The Good Life/ Art, Spears WMS Magazine, Issue No. 35, December 2013.         ON 18 JULY, Detroit filed for Chapter 9 bankruptcy, seeking
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Western auction houses master art of selling to the East

East Buys West

Dec 22nd, 2013 | By

  EAST BUYS WEST – Spears Magazine, September 2013. The efforts of auction houses and dealers to help Chinese, Russian and Indian collectors acquire a taste for Western art are starting to pay off, judging by recent sales With the wrap-up of Old Masters week and the Masterpiece fair in London, an exhausted art market
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After Christie’s record sale, why are auction prices hitting new heights?

Sep 5th, 2013 | By

  Above: Roy Lichtenstein’s Woman with Flowered Hat went for $56 million at the recent modern art sales In a recent article, the New York Times declared that the US Federal Reserve Chairman, Ben Bernanke, is now a major patron of the art market. Indeed, there seems little doubt that the Fed’s policy of quantitative
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The Siegel Family

Jackie and David Siegel – Interview In Spears magazine – June 2013

Jun 27th, 2013 | By

Spears WMS Magazine The timeshare tycoon, the former swimwear model, the Florida home that’s bigger than the White House – and the documentary that led to a lawsuit. Ivan Lindsay asks David and Jackie Siegel about trouble in paradise IT’S A WARM, sunny evening in central Florida. The Spanish moss hanging down from the oaks
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From Russia with Luck – 60 Masterpieces return on exhibition from The Hermitage Museum to Houghton Hall, Norfolk – Spears magazine

Apr 8th, 2013 | By

Ivan Lindsay, Monday, 8th April 2013 Hot lust, cold hard cash and the fine art of a dirty deal… The story of how Britain lost, and will briefly regain, one of the greatest private collections of Old Masters ever assembled is cause for grief — and rejoicing, says Ivan Lindsay ONE OF THE more interesting events
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Good as New – The Benefits and Dangers of Art Restoration – Spears WMS Magazine

Mar 4th, 2013 | By

Tuesday, 4th December 2012 With some white spirit and a restorer , your painting can go from rubbish to Rubens or visa versa, says Ivan Lindsay PAINTINGS, LIKE HUMANS, can do with a touch-up from time to time. Instead of doctors abrading unsightly bumps and hairdressers disguising the march of time with dyes, restorers remove
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Munch’s ‘Scream’ sets a record and the true value of the world’s most expensive paintings, 19/6/12.

Jun 19th, 2012 | By

Painting By The Numbers, We shouldn’t judge quality of fine art by the dollar amount being paid by a collector” but we can’t help but be interested after The Scream went for $120 million. In early May, Munch’s The Scream was sold by Sotheby’s for $119.9 million, making it the highest price achieved for a painting to
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The Picasso Art market – Spears WMS 25 March/April

Apr 3rd, 2012 | By

Why Picasso is Attractive for First-Time Art Buyers…And Auctioneers Blue-Chip Period What a performer! Ivan Lindsay on the reasons why that randy old goat Pablo Picasso remains so irresistibly attractive to neophyte art collectors (not to mention auctioneers) A RECENT BLOOMBERG article led with the line: ‘Pablo Picasso has been dethroned.’ The article was referring
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Looks Good on Paper, Spears WMS Magazine, Issue No. 15, Spring 2010.

May 6th, 2010 | By

Drawing Conclusions………By Ivan Lindsay The recent record price of £29.2m for a Raphael drawing confirms demand for important Old Master drawings. On Tuesday 8th December at Christie’s London a Raphael drawing entitled Head of a Muse was sold for £29.2m, doubling its estimate of £12m–16m and setting a world record price for a work on
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