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Art Market
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…
Dress Worn By Princess Diana Fetches Over $600K At Sotheby’s
A strapless gown designed by Victor Eldenstein and worn by Princess Diana sold for $604,800 at a Sotheby’s auction recently.
The dress was designed by Victor Eldenstein – who was a regular designed for Princess Diana - in 1989. The dress…
Philips Rakes $1.3B Revenues In 2022, But Fails To Show Significant Growth
The auction house Philips brought $1.3 billion in revenues in 2022, but saw a trivial growth over last year as well as a slump in Asia.
In an announcement last week, Philips revealed their revenues for the year 2022. While the $1.3…
Collecting $8.4B In 2022 Revenues, Christie’s Sets Record For Any Auction House
Christie’s announced that it racked a total of $8.4 billion in revenues in 2022 – a record-high not just for itself, but for any auction house ever.
The positive announcement was delivered with a somber note by Guillaume Cerutti, the…
With $8B Projected Sales, Sotheby’s Announce Big Plans
Sotheby’s announces $8 billion of projected sales in 2022, along with expansion in Hong Kong.
The $8 billion figure is the new record for the auction house in any given year, surpassing last year’s $7.3 billion. It is also much higher…