Art BusinessNews

Skate’s reveal top 10 works sold at auction

Skate’s art market research have released their top 10,000 a new product which identifies the most expensive works to sell at public auction since 1985. The listings include auctions results for over 1,000 artists, with a total value of over $53.8 billion art sold over the last thirty years. The …

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Art Insurance

Time to get that Picasso revalued?

Christie’s record breaking sale of Picasso’s Femmes d’Algers for $179m last month raises an interesting question for collectors: should they rush to get their Picassos revalued in the light of this stellar sale, and is existing insurance adequate to cover these paintings should loss or damage occur? “You have to …

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Auctions & shows

Marina Picasso collection for sale at Sotheby’s London

On 25 June 2015, Sotheby’s is to host a sale of the Marina Picasso collection of Pablo Picasso’s ceramics in London. The collection consists of 126 lots, including plates, cases, tiles, and sculptures, dating from 1947-1948 until the end of the 1960s, and is estimated to be worth £4.5 million (€6.3 million). Highlighted …

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Auctions & shows

Booming 2015 Spring Art Sales

This year Christie’s have set the bar high. By hosting both its Impressionist and Modern Art and Post-War contemporary art New York sales in one week and also introducing their themed sale ‘Looking forward to the past’ in the same week, they have brought in $1.726 billion, making it the …

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Auctions & shows

Sotheby’s reports healthy sales for its May Contemporary Art evening sale

It may not have been the dazzling record-breaker that was Monday’s sale of Modern, Impressionist and Contemporary art at Christie’s (at which Picasso’s Les Femmes d’Alger fetched an unprecedented $179,365,000) but Sotheby’s said it was pleased with the results of Tuesday’s May Contemporary art evening sale, which totalled $380 million, …

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Auctions & shows

Christies breaks record with Picasso’s ‘Les femmes d’Alger

Christie’s has broken the world record for any work of art sold at auction selling Pablo Picasso’s ‘Les femmes d’Alger’ (Version O)’ for a final hammer price of $179,365,000. The 1955 painting was last sold in 1997 in the sale of the Collection of Victor and Sally Ganz at Christie’s, …

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Auctions & shows

$66 million Van Gogh leads Sotheby’s Impressionist sale

Last night the Impressionist and Modern art evening sale took place at Sotheby’s New York bringing in a total of $368.3 million. Sotheby’s sold took $368.3 million at its New York Impressionist and Modern art evening sale last night. The most expensive work was Vincent Van Gogh’s ‘L’Allée des Alyscamps’ …

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Art Crime

Robert Wittman: what my FBI career taught me about art crime

Robert Wittman founded and ran the FBI’s National Art Crime Team and now works privately in the same field. He gave Private Art Investor an insight into the shady world of theft and forgery.  Working undercover in the dark and often dangerous world of art crime was par for the …

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Art Crime

Italian police seize €15 million Picasso

The Italian police have seized a Picasso painting from the apartment of a retiree who claims that the piece was a gift given in 1978. According to the owner, a Rome-based frame maker, a client had given him the artwork as a gift, without mentioning either its creator or value, …

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Art Crime

Le Guennec found guilty of Picasso theft

Husband and wife Pierre and Danielle Le Guennec have been found guilty of the theft of 271 works by Picasso, which they have kept hidden in their garage for almost 40 years, and have been sentenced to two years in prison, and must return the stolen works to the painter’s family. …

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