Old Masters auctions total more than $120 million (Reuters)
Reuters - Old Masters paintings brought in more than $120 million at auction sales this week, with several works selling for more than $5 million each and records set for some artists. View full post on Yahoo! News: Arts
Asian art demand mixed in $367 million Christie’s sale (Reuters)
Reuters - Auction house Christie's sold $367 million worth of Asian and Chinese art, paintings, jewellery and watches in its just concluded Asia sales series in Hong Kong on Wednesday even as financial markets remain volatile from Europe's debt woes. View full post on Yahoo! News: Arts
Sotheby’s stuns with $316 million contemporary art sale (Reuters)
Reuters - The art auctions ended with a flourish on Wednesday as Sotheby's sold $316 million of contemporary and postwar art, the best result of two weeks of sales and led by a $61.7 million Clyfford Still abstract. View full post on Yahoo! News: Arts
Klimt painting expected to sell for $25 million (Reuters)
Reuters - A landscape painting by Austrian artist Gustav Klimt that had been stolen by the Nazis is expected to fetch more than $25 million when it is sold at auction next month, Sotheby's said on Thursday. View full post on Yahoo! News: Arts
Abstract works expected to fetch $50 million at auction (Reuters)
Reuters - Four paintings by American abstract expressionist artist Clyfford Still will headline Sotheby's contemporary art auction in November, when they are expected to sell for a combined total of more than $50 million. View full post on Yahoo! News: Arts
Warhol painting among $2.8 million Irish bad bank auction (Reuters)
Reuters - Ireland's state-run "bad bank" will auction works of art by the likes of Andy Warhol and Alex Katz after it put global auction house Christies in charge of a 14-painting collection valued at up $2.8 million on Monday. View full post on Yahoo! News: Arts
$20 Million Walmart Gift Makes Crystal Bridges Museum Free for Visitors, Forever (ARTINFO)
ARTINFO - How will Alice Walton's megalithic Crystal Bridges museum attract art aficionados to its scenic (read: backwoods) location of Bentonville, Arkansas? Well, making admission free is one strategy. A newly announced $20 million sponsorship gift from Walmart, a company founded and owned by the Walton family, will pay for all Crystal Bridges visitors, forever. Take that, MoMA and your new $25 ticket price! View full post on Yahoo! News: Arts
The Purloined Warhol?: Missing $30 Million Farrah Fawcett Portrait Discovered on Ryan O’Neal’s Wall… On His Reality Show (ARTINFO)
ARTINFO - Here's some advice: If you're harboring a missing $30 million Warhol in your home, try to take it off the wall before filming an interview for your new reality show. Failure to follow this simple maxim has led a private investigator searching for a Pop Farrah Fawcett portrait straight to actor Ryan O'Neal, the late actress's longtime partner. The missing Warhol silkscreen portrait can be seen hanging above O'Neal's bed in the first episode of "Ryan and Tatum: The O'Neals," a documentary series about the actor and his daughter on the OWN network. View full post on Yahoo! News: Arts
University of Sydney offers Picasso worth $16 million (Reuters)
Reuters - Christie's said on Wednesday that it would offer a Pablo Picasso portrait of his lover Marie-Therese Walter at auction in June on behalf of the University of Sydney. View full post on Yahoo! News: Arts
Warhol’s self-portrait could sell for $40 million (Reuters)
Reuters - An Andy Warhol self-portrait completed shortly before his death is expected to sell for as much as $40 million at auction next month, Christie's said on Wednesday. View full post on Yahoo! News: Arts