The auction world’s exclusive eight-figure club has a new member.
On Monday night in Hong Kong, a painting by the artist KAWS (aka the New Jersey–born Brian Donnelly) sold for a staggering 115.9 million HKD, or about $14.7 million in U.S. dollars, a new auction record for the artist. It sold to an unidentified buyer for $14.8 million including fees, a record for the artist and about 15 times the estimate of 6,000,000—8,000,000 HKD ($760,000–$1 million), soaring to that lofty finish.
Arthur Brand, a man nicknamed the “Indiana Jones of the art world,” has done it again.
The Dutch art historian and art crime investigator recently located Pablo Picasso’s Portrait of Dora Maar ( also known as Buste de Femme) after it was stolen from a Saudi sheikh’s yacht on the French Riviera in 1999.
The 1938 painting, which hung in Picasso’s home until he died in 1973, had a personal significance to the artist: Dora Maar was his lover and muse for seven years.
The Museum of Modern Art (MoMA) has dug into its extensive holdings of pieces by Joan Miró for a show that demonstrates how one major work can be a turning point in an artist’s career. For the Spanish artist, it was the appropriately titled The Birth of the World, a large-scale painting he made in 1925.
The British Museum has acquired its first work by Banksy. Di-faced Tenner is an imitation UK £10 banknote bearing the face of the late Diana, Princess of Wales, rather than that of the Queen, and is prominently inscribed “Banksy of England”.
Banksy produced the £10 note in 2004, seven years after the death of the princess, intending to use it in a performance. The anonymous street artist claimed to have printed 100,000 copies to throw from a building. The banknotes now sell on eBay at prices ranging from £1.99 to £750, although many are reproductions rather than authentic Banksy fakes. The British Museum’s example was donated by Pest Control, the artist’s agent and authentication body.
A rare and important Tiffany Studios “Pond Lily” lamp, circa 1903 which sold for $3,372,500, establishing a new world auction record for Tiffany Studios.
The Pond Lily at $3.4 million now stands at the zenith of the Tiffany market, regaining the position it held when it last sold in 1989, and overtaking the Pink Lotus Tiffany lamp subsequently sold in 1997 for $2.8 million.”
Additionally, a Lys” vase, 1900-1903 by Émile Gallé, sold for $444,500, the second highest price achieved for legendary glass artist
Sister Wendy Beckett, a Roman Catholic nun who interrupted a cloistered life of prayer in England in 1991 and soared to international stardom with lyrical BBC documentaries that made her one of the most improbable art critics in television history, died on Wednesday in the village of East Harling, England. She was 88.
This highlighted Give to Receive work is by America’s Most Beloved Artist, Norman Rockwell. With your purchase of this piece, American Fine Art will donate 50% of the proceeds to Feeding America. Feeding America is the nationwide network of 200 food banks that leads the fight against hunger in the United States.
Norman Rockwell's Four Freedoms is the featured collection for our Give To Receive campaign. Specifically his Freedom From Want work showing an American family gathered around the dinner table as the mother and father present the turkey. The Four Freedoms consist of the Freedom of Speech, The Freedom of Worship, The Freedom From Fear, and the Freedom from Want.
Banksy has released a video showing how he secretly built a shredder into one of his paintings that self-destructed after it was sold for more than £1m.
The framed Girl With Balloon, one of the artist's best known works, was the final item in an auction at Sotheby’s in London on Friday night and its sale price equalled the artist’s previous auction record of £1.04m.
Moments after the piece was sold, the canvas of a girl reaching for a heart-shaped balloon shredded itself.
Quoting Picasso on his Instagram, Banksy wrote: "The urge to destroy is also a creative urge - Picasso."
"It appears we just got Banksy-ed," said Alex Branczik, Sotheby's senior director and head of contemporary art in Europe.
In the past five years, more than 5 million museum visitors have lined up for a brief glimpse of the work of Yayoi Kusama. The 89-year-old Japanese artist, who for the past 41 years has lived voluntarily in a psychiatric hospital, has had large-scale solo shows of her work in Mexico City, Rio, Seoul, Taiwan and Chile, as well as major touring exhibitions in the US and Europe. Last year, she opened her own five-story gallery in Tokyo. The Broad museum in Los Angeles recently sold 90,000 $25 tickets in an afternoon to its Kusama exhibition, causing the LA Times to ask if the artist was now “Hotter than Hamilton?”
Yayoi Kusama’s You Who Are Getting Obliterated in the Dancing Swarm of Fireflies is one of the artist's more whimsical works. Inspired by a Japanese folktale about a person in a field with 10,000 fireflies, Kusama's work brings the fairy tale to life. Beginning with drawings and paintings, Yayoi Kusama’s work transformed from 2-D pieces to large-scale installations, symbolic of the obsessive and massive nature of her ideas. Subsequently, Kusama’s art began to take large forms and often covers and utilizes entire rooms and spaces.