Posts Tagged ‘ art market ’

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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Best known for Red October, a temporary, nonprofit art space she opened in an old Moscow chocolate factory, Maria Baibakova took a break to get an M.B.A.

Maria Baibakova, Russia’s art world ‘It Girl.’

Aug 4th, 2013 | By

Maria Baibakova, Russia’s art world ‘It Girl’, continues to make waves both sides of the Atlantic.  She graduated with an MBA from Harvard Business School, no less, in May having taken 2 years out to complete it.  After completing her Masters at the Courtauld she brilliantly summed up the the marxist atmosphere that has existed
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A visitor in front of Breughel's The Wedding Dance at the Detroit Museum.

Detroit’s Art Collection may be sold

Jul 24th, 2013 | By

The sharks have already started to circle Detroit’s Art Collection following the City’s recent bankruptcy.  The billion dollar art collection, one of the ten most important museum collections in North America, and containing around 60,000 artworks, is apparently on the table as a possible partial solution for the city’s creditors.  However, a sale of such
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Focus on the London Art Market

Jun 28th, 2013 | By

The following article on the London Art Market was published by Art Media Agency (http://www.artmediaagency.com/en/68619/focus-on-the-london-art-market) and contains a good overview of London’s art maket and its status versus that of New York. Focus on the London Art Market London, 27 June 2013, Art Media Agency (AMA). Following the end of Art Basel and the first exciting
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Madonna Liberis by Roerich

Russian art sales in London break previous records

Jun 13th, 2013 | By

  Russian art week was a success after a buying spree that broke several previous records with pounds 50m changing hands, the highest auction turnover since before the credit crunch recession. Dealers also reported good trade behind the scenes.  The bi-annual event saw Mayfair overflowing with Russians as they flew in from the four corners
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Nicolas Roerich, 'Sanctuaries and Citadels,' 1925, Oil on canvas laid down on board, 25 3/4 x 38ins, pounds 500,000 - 700,000, Christie's 3rd June.

Russian art week coming up in London, May 31st – 7th June

May 20th, 2013 | By

Russian week in London is once again upon us and, with the current strength of the Russian economy and worldwide stock markets achieving new highs, promises to be  another record-breaking event. Auctions of rare and valuable Russian paintings, icons, Fabergé and works of art will be held at the four major auction houses which cover
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Jackson Pollock's 'Number 19.'

Christie’s sale ‘Highest in art history.’ Time to run for the exits…

May 18th, 2013 | By

Christie’s contemporary art sale in New York raised US$495m.  Even Christie’s themselves described the result as “staggering.”  The sale included works by Jean-Michel Basquiat, Roy Lichenstein and Jackson Pollock and established 16 new world auction records with nine works selling for more than US$10m and 23 for more than US$5m. The top lot was Pollock’s
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Positive mood at Tefaf at Maastricht and healthy early sales

Mar 20th, 2013 | By

The Fine Art Fair at Maastricht is the first big art fair of the year and tends to be a barometer of the mood in the art market.  Initial reports indicate that the strong results seen in the auction rooms are continuing at Maastricht and the mood of dealers is good with artworks, artifacts and
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Maria Baibakova, new Strategic Director of Artspace. Image courtesy Nikolay Zverkov.

Artspace names Maria Baibakova new Strategy Director

Mar 12th, 2013 | By

Art Radar Asia – March 1, 2013 At 27, Maria Baibakova is adding another entry to an already impressive resume. In a bid to expand its global reach, Artspace.com, an online marketplace for contemporary art sales, revealed on 19 February 2013 that it has appointed Russian collector Maria Baibakova as Strategic Director. The move highlights a trend towards the
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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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