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Art Market
Air Jordans Worn By Michael Jordon Are Now The World’s Priciest Sneakers
A pair of Air Jordans worn by Michael Jordan in 1998 has fetched $2.2 million at Sotheby’s, becoming the world’s most expensive sneakers.
On Tuesday, the much-anticipated item went on the auction block at Sotheby’s and ended up fetching…
National Portrait Gallery And Getty Museum Announce Joint Acquisition of Joshua Reynolds Painting
The National Portrait Gallery, London, and Getty Museum have announced that they will be jointly acquiring the Joshua Reynolds work, Portrait of Omai.
The iconic painting by Joshua Reynolds has been subject to much controversy in recent…
Arts and Culture Brought $1 Trillion To US Economy In 2021, NEA Report Finds
A joint report by NEA and BEA found that the arts and cultural industries represented more than $1 trillion USD of the US in 2021.
On Wednesday, the National Endowment for Arts (NEA) and Business of Economic Analysis (BEA) released their…
Christie’s Adam Lindemann Auction Fetches $31.5M In Sales
Christie’s auction of over three dozen items belonging to gallerist Adam Lindemann was a success, fetching $31.5 million in total.
Adam Lindemann, apart from being the owner of the Venus Over Manhattan gallery, is also a noted art…
Do Ho Suh Installations Damaged In After-House Event In Australia
Two fabric installations by Do Hu Soh were accidentally damaged at an after-hours party at MCA Australia.
On view as part of a survey dedicated to Suh, his first in the Southern Hemisphere, the two works—Hub, 260-10 Sungbook-dong,…
Painting By Lucian Freud Could Fetch $24M At Upcoming Auction
A painting by Lucian Freud of his daughter could fetch $24 million at Sotheby’s auction next week.
The painting in question is Ib Freud (1997), which depicts Isobel Boyt, one of his daughters. In the painting, Isobel could be seen…
Art Dealer Daniel Elie Bouaziz, Accused Of Selling Fake Warhol, Pleads Guilty
Daniel Elie Bouaziz, a Florida-based art dealer accused of selling fake works of artists like Andy Warhol, has pleaded guilty.
Over the course of a long investigation that concluded in 2021, the FBI investigated Daniel Elie Bouaziz for…
Part of Deal With Disgraced Art Dealer, Over 70 Artifacts Repatriated To Cambodia
As part of a deal with antiquities dealer Douglas Latchford’s estate, Cambodia received more than 70 artifacts stolen from the country.
The items were previously stored in London and returned as part of an agreement with Latchford’s…
Richard Prince and Mark Bradford Emerge At Top Draws At Frieze Los Angeles Opening Day
Works by Mark Bradford and Richard Prince fetch $3 million+ as the opening day of Frieze Los Angeles fair was deemed a success.
The Frieze art fair returned to LA amidst much anticipation. The high volume and big price tags by the end of…
Christie’s Ordered To Restitute Van Der Werff Painting To Heirs
A French court has ordered Christie’s to return a Van Der Werff painting to the heirs of author Marcel Proust.
The painting in question, The Penitent Magdalene, was created in 1707 by Dutch artist Adriaen Van der Werff. The painting was…