Author Archives: ARTnews

ARTnewsletter Archive

Spirited Swiss Auction Bounds Past Earlier Records

The market for Swiss art is a narrow but lively one, dominated in Switzerland by the local branches of Christie’s and Sotheby’s in Zurich. Christie’s recent Swiss art sale on the evening of March 19 produced a record total of $19.7 million for 140 works sold. The auction was 95 percent sold by value, 80 percent by lot. Read More

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Asian Art Takes a Front Seat at Highly Selective Maastricht Fair

The European Fine Art Fair (TEFAF), held from March 9-18 in the Dutch city of Maastricht and now in its 20th year, drew 71,000 visitors, a 15 percent decrease from last year’s record attendance of 84,000 (ANL, 4/11/06). Read More

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French Auction Roundup: Sturdy Showings Across the Board

Art auctions in Paris and nearby cities, spanning a wide range of mediums that included sculpture, Fauvist paintings and anonymous daguerreotypes, brought strong prices last month. Read More

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Mod/Contemporary Art Brings Ever-Rising Returns at Shinwa

Modern and contemporary art started the year on a strong note at two Tokyo auctions in late January. A Shinwa Art Auction sale of modern art on Jan. 27 realized ¥886.74 million ($7.3 million), up from the November total of ¥822.7 million ($7 million). Of the 205 lots on offer, 176, or 85.85 percent, found buyers. Read More

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Pennsylvania Impressionists Are Riding a ‘Second Wave’

Fern Coppedge painted the countryside around New Hope, Penn. She was especially well-respected for her snowy winter landscapes that vibrate with unexpected color. But her reputation faded after her death in 1951. “When we put together the Coppedge show [in 1990], we called it ‘A Forgotten Woman,’” says Brian Peterson, senior curator at the James A. Michener Museum, Doylestown, Penn. Read More

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Sales and Visitor Counts Up At Vibrant L.A. Art Shows

The Los Angeles Art Show, now in its 12th year, was held from Jan. 24-28 at the Barker Hanger, Santa Monica Airport, drawing an attendance of 20,000 and far surpassing last year’s total of 13,500 (ANL, 2/14/06, p. 8). At the same time, the fledgling fair Art LA, which ran from Jan. 25-28 at the Santa Monica Civic Auditorium, drew 6,500 visitors, up from 5,000 last year, the organizers report. Read More

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After a Buyout, Art Chicago Is Poised for a Comeback

After serious setbacks last April that nearly resulted in its cancellation, the venerable Art Chicago fair is set to make a comeback this year, from April 27-30, following substantial investment and upgrade efforts by its new owner, the Merchandise Mart, Chicago’s high-profile trade-show center. Read More

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Detroit Institute of Arts Buys $1M Whistler Painting

“I got lucky,” Kenneth Myers, curator of American art at the Detroit Institute of Arts (DIA), told ARTnewsletter. Luck buttressed by knowledge explains his locating James McNeill Whistler’s Violet and Blue: Among the Rollers, 1893, a seascape he and other scholars knew about from letters and other records but always had considered lost. On July 7 the DIA acquired the painting at auction for $1.01 million, including the buyer’s premium—one of the highest prices the museum has paid for an artwork in the past decade. Read More

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Yoshitomo Nara Shines at Shinwa Contemporary Sale

Shinwa Art Auction’s sale of contemporary art on Dec. 2 realized ¥129.14 million ($1.1 million), with 115, or 95 percent, of 121 lots sold. The overall volume was down by nearly half of last May’s contemporary art sale as the auctioneer chose to focus mainly on the work of Asian artists. Read More

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Getty Agrees to Give Antiquities Back to Greece

After more than a year of negotiations, the J. Paul Getty Museum, Los Angeles, and the Greek Ministry of Culture recently announced a landmark agreement whereby the museum will return two important antiquities in its collection to Greece. The objects—a rare gold funerary wreath from the early 4th century B.C. and a ca. 530 B.C. statue of a woman—are regarded by the culture ministry as the most important disputed Greek artworks, after the Elgin Marbles, ever to be exhibited abroad. Read More

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Modern Art Rides High at Lucrative Paris Auctions

One of the most lucrative modern art sales here in recent years saw Aguttes total €16.4 million ($18.5 million) on Dec. 20, with 14 artworks fetching more than $200,000 each. In the lead was the painting Lobster & Cat on a Beach, 1965, by Pablo Picasso (1881-1973), which fell for €4.33 million, or $5.7 million (estimate: x4/6 million). Read More

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Arts Leaders Win Fight to Keep Eakins Masterpiece at Home

After six weeks of frantic fundraising, the city’s arts leaders have matched an offer by outside buyers for The Gross Clinic, a monumental 1875 painting by Thomas Eakins. The broad civic effort thwarted a $68 million bid from the National Gallery of Art, Washington, D.C., and the nascent Crystal Bridges Museum of American Art, Bentonville, Ark., to buy the work, which is considered to be among the greatest achievements in American art. Read More

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Paris/Brussels Auction Roundup: Year Ends on a High Note

High prices for modern art and Old Masters helped bring the Paris auction year to a strong close. On Dec. 1, for instance, Christie’s obtained the highest price for a painting in France since 1998 when it sold a work by Henri Matisse (1869-1954), Jeune fille aux anémones sur fond violet, 1944,for €5.2 million ($6.9 million). The sale made a total of €12.8 million ($16.9 million). Read More

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Modern Art Holds Firm at Uneven Tokyo Auctions

Shinwa Art Auctiono’s sale of modern art, on Sept. 16, realized ¥481.09 million ($4.1 million)—up slightly from the house’s auctin on July 15 that took ¥363.61 million ($3.1 million). Of 167 lots on offer, 128, or 76.65 percent, were sold. Read More