Art In America

Skate Capital Acquires ARTnews Magazine

Russian art market analyst and investor Sergey Skaterschikov has purchased ARTnews magazine for an undisclosed sum via his company, Skate Capital Corp., ARTnews has announced.

The Warhol Test: Christies Tonight

It is difficult to gauge the extent to which the anonymous buyers who acquired Andy Warhol's Marilyn (1962) a dozen years ago and Big Campbell's Soup Can with Can Opener (1962) 24 years ago, both of which are up at auction this evening at Christie's...

The Market Pays Homage to Louise Bourgeois

 At the time of her death on May 31, Louise Bourgeois was the 16th most valuable living artist based on the combined auction value of her works. Among the 5,000 most valuable works of art ever sold at auction, Bourgeois had nine works. It is often the...

The Currency of Russian Portraits

While much of the art world's attention this month is focused on Art Basel and the major upcoming Impressionist and Modern sales, last week's sales of Russian art in London brought impressive results across genres and periods. Alexander Yakovlev's...

Big Family, Big Bargain

Auction houses generally err on the side of aggressive pricing with their pre-sale estimates. It is a rare day that we find a work seriously under-valued when compared with the track records of similar works by an artist. But such appears to be the...

Which Johns Flag to Salute?

Less than two years has passed since the bestselling author Michael Crichton lost his unfortunate battle with throat cancer. Famous worldwide for his science fiction and medical thrillers, Crichton's love of modern and Contemporary art was less well...

Matisse's Two Nudes, Two Different Prices

Since the fall of 2008, the market for Impressionist and Modern art has thrived amidst a general decline in the greater market for fine art, especially contemporary art. And although contemporary art has begun to show signs of a recovery in emerging...

BRIC's Art is Back, Especially for China

In many ways, this past weekend's auction of contemporary art from the BRIC countries (Brazil, Russia, India, China) at Phillips de Pury London passed without any great surprises. As predicted in numerous media reports and the auction house's own...

A Dancer's Market

It wasn't a big event by any stretch. This past weekend's sale of Post-War and Contemporary Art at Christie's London brought a mere $1,855,077 for the 108 lots sold. To put matters in perspective, this total sale represents less than one third of the...

Aggressive Prices Sought for Leger in Paris Auction

Twentieth century painter Fernand Léger has consistently proven to be one of the market's most highly valued artists in both Christie's and Sotheby's auctions of Impressionist and Modern art. Nine works by Léger have sold for amounts in excess of...

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