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Art Market
Sotheby’s Call Off CryptoPunks Sale At Last Moment, Causing Speculation
The much-anticipated CryptoPunks sale at Sotheby's "Punk It!" met an anti-climactic end as it was called off before beginning.
The auction was focused on a single lot - a group of 104 NFTs from the much sought-after CryptoPunk…
Basquiat Triptych To Debut In Auction For First Time In Christie’s May Sale
In its upcoming May sale, Christie's is bringing a painting of Jean-Michel Basquiat, titled Portrait of an Artist as a Young Derelict (1982) in the open market for the first time.
Portrait of an Artist as a Young Derelict has been in the…
Rothko and Warhol Highlights As Macklowe Sale Continues At Sotheby’s
After making headlines in November, Harry and Linda Macklowe are selling the rest of their artworks in a second sale this May.
The Macklowe couple is a name to reckon in the art collectors world, with one of the most prolific…
Picasso Family Denies Claims Of Selling NFT Artworks
After two members of the Picasso family claimed to be selling the master's artworks as NFTs, the rest of the family has denied the claim.
A few days ago, Pablo Picasso's granddaughter Marina and her son Florian announced that they would…
Botticelli’s Man Of Sorrows Fetches $45.5M At Sotheby’s Auction
Botticelli's Man of Sorrows fetched $45.5 million in a Sotheby's Old Masters auction - the second-highest price fetched by the artist.
The anticipated bid for the work by Sandro Botticelli only involved three bidders - all on phone. The…
Spanish Banking Heir Paloma Botín, Husband, Embroiled In Art Fraud Charges
Paloma Botín, daughter of Spanish Santander chairman, and her husband are embroiled in charges of fraudulent purchase of a 6th century BC artefact.
The artefact in question is an Iberian lioness sculpture that dates back to the 6th…
John Arena To Lead Fine Art Lending At Deutsche Bank
Former Bank of America executive John Arena has been chosen by Deutsche Bank as the director of fine art lending.
John Arena has worked for the past 16 years at the Bank of America. There, he was the national credit executive for fine…
As Citibanamex Splits, Fate of Art Collection Causes Stir in Mexico
After the Citibanamex Bank announced its split earlier this month, the fate of its prestigious art collection has caused a stir in Mexico.
The Citibanamex Bank is a coalition of the National Bank of Mexico and Citigroup since 2001.…
Villa Aurora, With The Only Caravaggio Mural, Fails To Sell At Auction
The Villa Aurora, the popular mansion housing the only mural by Caravaggio, failed to be sold at the auction.
When the Villa Aurora first went up for sale, there was much hype in the market regarding its potential ownership. The house…
How NFTs Ruled Art In 2021
A few years ago, the concept of NFT – non-fungible tokens – would have made no sense. In 2021, NFTs emerged as one of the biggest moneymakers in the art world. Here is a recap of everything that happed with NFTs and Art in 2021.
It's…