Posts Tagged ‘ art market ’

Picasso's plaster Buste de femme (Marie Therese).

When does title pass in an art transaction? Test case between Larry Gagosian and Qatari Royal Family.

Mar 1st, 2016 | By

Normally title of an artwork passes to a new owner upon the seller’s receipt of agreed funds. The seller presents an invoice to the buyer showing he has a clear title to a certain object and that he has agreed to sell at a certain price. However, a court case in the news at the
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Korzhev's 'Miner Girl.'

Geli Korzhev exhibition in preparation at the Tretyakov Gallery for March opening

Feb 12th, 2016 | By

An exhibition titled “I have a right” featuring the works of the late Geli Mikhailovich Korzhev is due to open at the Tretyakov Gallery in Moscow on March 18th and run till June 14th.  This is part of a series of exhibitions that the Tretyakov is devoting to the post-war ‘Severe Style’ artists. Also in
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Kremlin and Moscow River by night

Art Market cools in 2016

Jan 29th, 2016 | By

The art market is entering one its cyclical periods of adjustment. As we shake off the lethargy of the Christmas holiday period and start to re-engage with the workplace the world feels a less certain place. Dangers seem to lurk around every corner including a slowing China, a recovery in the USA that is already
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Yves Bouvier

Buyers remorse in Monaco – Rybolovlev/Bouvier saga continues

Dec 30th, 2015 | By

The Rybolovlev/Bouvier saga has now spilled over from the art press into mainstream publications such as the Wall Street Journal and the Financial Times. Town and Country Magazine have just published an interview with Dmitry Rybolovlev, a link to which is listed at the end of this article. The details of the case are being
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Modigliani's 'Reclining Nude' sold for US$170m at Christie's.

Modigliani joins the US$100m club

Nov 11th, 2015 | By

Amadeo Modigliani’s ‘Reclining Nude,’ or ‘Nu Couche,’ sold on Monday at Christie’s for US$170m launching Modigliani into the US$100m club, which includes Picasso, Bacon and Giacometti (all three times), Munch and Warhol. The painting depicts an attractive and languid nude lying down completely at ease enjoying the flattering intensity of the artist’s gaze and the
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Lucio Fontana's 'Concetto Spaziale.'

All Change in the Art Market

Nov 5th, 2015 | By

For centuries the rules for successful participation in the art market remained broadly consistent for collectors but times are changing…and fast…and it is no longer so clear that the old rules apply. The old rules to successful art buying were roughly: – study your subject, buy what you like so you could enjoy it on
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English High Street Banks

Banks now call the shots in art deals

Oct 25th, 2015 | By

Whereas Bankers used to process art deals with little fuss, they now examine them in detail and decide if they will accept them or not. Your ‘Relationship Manager’ always wanted to know more about your business….well, now he does… and he is your new boss. All art deals of any significance now get referred to
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Alexander Pechtold, leader of the Democrats 66 party.

French enter the fight for the Rothschild Rembrandts

Sep 27th, 2015 | By

Rather late in the day, and spurred on by the interest of the Dutch government, the French government has finally woken up to the importance of the pair of Rembrandts belonging to Eric de Rothschild that are currently on the market. As reported here, in a previous post, the portraits are of Marten Soolmans and
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Rembrandt's Portrait of Marten Soolmans, 1634

Rembrandt masterpieces may be heading back to Holland

Sep 24th, 2015 | By

Lately the art market has received flak from all sides and one interesting piece of news amidst all the negative press is that the Dutch government have announced they are having a serious crack at securing the return to Holland of the magnificent pair of Rembrandt portraits that belong to Eric de Rothschild. Last week
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Henry Wyndham brings down the hammer at Sotheby's

Sotheby’s riding high for now… but looking vulnerable

May 21st, 2015 | By

I have written elsewhere about Sotheby’s share price being a leading indicator for the general health of the art market and indeed for the stock market in general.  See The following article written by James Stefurak for Seeking Alpha is an in-depth examination of Sotheby’s, its share price, and the general health of the art
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