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...The entrepreneur and author Arianna Huffington is selling a 1944 painting by Françoise Gilot, estimated between £150,000 and £200,000, at Sotheby’s next month....
...In 1986, two-thirds of the painting was gifted to the Nelson-Atkins museum in Kansas City by local collectors Joseph and Ethel Atha....
...That’s because the works of contemporary artists such as Warhol and Jean-Michel Basquiat could now become collateral for half a billion dollars of asset-backed securities, alongside paintings by old masters...
...Additional reporting by Ella Hermonio. A version of this article was first published by Nikkei Asia. ©2023 Nikkei Inc. All rights reserved....
...The 1945 painting’s title references seventh-century king of the Franks Dagobert, “whose taste for sexual excess was matched by a love of luxury”, Sotheby’s says....
...Late that night, a final purchase price of $68mn, plus a painting by Picasso valued at $12mn, was negotiated in exchange for the “Salvator Mundi”....
...Deception by Ripley, perhaps. ★★★☆☆ On Netflix now...
...Additional reporting by Javier Espinoza in Brussels...
...Asner noted that documentation Sotheby’s provided on the authenticity of the “Salvator Mundi” — which Rybolovlev cited as pivotal to his 2013 decision to buy it for $128mn — also helped him resell the painting...
...During trial his lawyers pointed to documents sent to Bouvier by the auction house that emphasised high valuations for certain works, including a painting by Leonardo da Vinci, “Salvator Mundi”....
...Rybolovlev, one of Bouvier’s former clients, accused the Swiss businessman in 2015 of systematically overinflating the value of €2bn of art he had sold him — a 38-painting collection of masterpieces that...
...The conclusion is that it is “not just by Rembrandt, but is a really significant Rembrandt”, says George Gordon, Sotheby’s co-chair of Old Master paintings and drawings....
...Three paintings by Paul Cézanne, controversially sold by Switzerland’s private Museum Langmatt (museums are generally not meant to sell their holdings), went for just below their combined low estimate for...
...Phillips will offer a monumental two-part painting by Gerhard Richter for about $30mn as the star lot of its November 14 sale in New York....
...teaching painting instead of finding a suitable suitor....
...Sotheby’s brought in Martin and his previous company, Orion Analytical, after it found a painting that the auction house had sold privately as by Frans Hals for £8.4mn was a modern forgery....
...Among Bonhams’ top 10 prices in 2023 were the 18th-century bedchamber sword of Tipu Sultan (£14mn), an early 15th-century figure of Virupaksha (HK$38mn, £4.1mn) and a 2014 painting by Yoshitomo Nara (“Three...
...Sotheby’s top estimate by far is reserved for Picasso’s “Femme à la montre”, a bold painting of Marie-Thérèse Walter from the artist’s celebrated year of 1932, priced at more than $120mn....
...“These are not big splashy paintings, but gems to be enjoyed and loved privately. We can reach those buyers....
...“I’m also really excited that we have a painting by Sahara Longe (£40,000-£60,000),” says Lord of the London-based artist who was classically trained in portrait painting in Florence and currently has a...
...The painting was sold in 2013 on behalf of the US collector Linda Hickox by the since disgraced British art dealer, Timothy Sammons; it fetched $4.85mn, with Simon C Dickinson gallery acting as agent to...
...a large Monet water lily painting from c1917-19 estimated at $65mn, plus Arshile Gorky’s “Charred Beloved I” (1946), offered by the media magnate David Geffen for $20mn....
...Ostin’s works were topped by René Magritte’s “L’Empire des lumières” (1951), which sold for $36.5mn ($42.3mn with fees, est $35mn-$55mn) while a second painting by Magritte in his collection, from 1949,...
...But if the M&A deals of the 1980s were a demonstration of Japan Inc’s ambitions to take on the world, corporate executives say today’s overseas rush is driven by the need to find new revenue outside their...
...As well as two other works by Ruscha, the auction will have three paintings by Philip Guston — including his “Chair” (1976, est $12mn-$18mn) — and pieces by Man Ray, Henri Matisse and Ken Price....
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