LONDON.- Holding three auctions on 1 and 2 December 2010, MacDougall’s sold Russian paintings, works on paper, icons and works of art for a total of £16.2 million, outselling three older auction houses in Russian art. The biggest sensation of London’s…
Western Art Dealers and Auction Houses Hope to Lure Wealthy Chinese Buyers
HONG KONG (AP).- For newly minted Chinese billionaires looking to spend their money, a natural choice has been art and antiques from their own country, many costing millions of dollars. Now art dealers and auction houses are trying to pitch them a hard…
Western Art Dealers and Auction Houses Hope to Lure Wealthy Chinese Buyers
HONG KONG (AP).- For newly minted Chinese billionaires looking to spend their money, a natural choice has been art and antiques from their own country, many costing millions of dollars. Now art dealers and auction houses are trying to pitch them a hard…
Montage Finance Launches to Provide Secured Lending to Art Collectors, Art Gallery Owners, and Art World Investors
NEW YORK, NY.- Montage Finance launches to provide secured lending to high net-worth art collectors, established gallery owners, auction houses and other art world investors. The niche asset-based lending firm will provide loans that are secured by fin…
MacDougall’s Have the Top Lot of London’s "Russian Week", Early Masterpiece by Ivan Shishkin
LONDON.- MacDougall’s have the star lot of London’s “Russian Week”. Ivan Shishkin’s early masterpiece, View of Valaam Island, Kukko (est. £900,000–1,200,000) will be on sale at MacDougall’s Russian Art Auction on 2 D…
Auction Houses in London Eye Russian Recovery Ahead of Next Week’s Sales
LONDON (REUTERS).-Rich Russians return to London next week for a series of art sales which auctioneers hope will prove the once-booming market is on a path to growth. Estimates suggest expectations are for solid gains on last year, although they are li…
MacDougall’s Have the Top Lot of London’s "Russian Week", Early Masterpiece by Ivan Shishkin
LONDON.- MacDougall’s have the star lot of London’s “Russian Week”. Ivan Shishkin’s early masterpiece, View of Valaam Island, Kukko (est. £900,000–1,200,000) will be on sale at MacDougall’s Russian Art Auction on 2 D…
Auction Houses in London Eye Russian Recovery Ahead of Next Week’s Sales
LONDON (REUTERS).-Rich Russians return to London next week for a series of art sales which auctioneers hope will prove the once-booming market is on a path to growth. Estimates suggest expectations are for solid gains on last year, although they are li…
Detroit Institute of Arts Opens Exhibition that Examines Fakes, Forgeries and Mysteries
DETROIT (AP).- When a painting attributed to Vincent Van Gogh was bequeathed to the Detroit Institute of Arts in 1990, it was met with immediate suspicion from scholars and art experts. “Still life with Carnations,” an unsigned painting of flowers, was…
New Collectors from Russia, India, China and Hong Kong Invigorating Art Auctions
NEW YORK, NY.- Less than two years after a precipitous fall, the art market is flexing its muscles again, emboldened by recent auction records and an influx of determined international collectors rich with cash. With two works breaking the $100 millio…