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Jean Michel Basquiat Painting Primed To Reach $30m At Christie’s

Jean Michel Basquiat Painting Primed To Reach $30m At Christie’s

by News Desk | Apr 15, 2024 | Art market news

The upcoming May evening sales in New York at Christie’s have unveiled their centrepiece for the 21st-century evening sale: Jean-Michel Basquiat’s iconic 1982 painting, “The Italian Version of Popeye Has No Pork In His Diet.” This work is...
Sale of Michelangelo Drawing Divides Scholars Opinions

Sale of Michelangelo Drawing Divides Scholars Opinions

by News Desk | Apr 9, 2024 | Art market news

The possible sale of a drawing believed to be a work by Michelangelo that once adorned a kitchen wall in a villa overlooking Florence has sparked debate amongst art scholars, underscoring the piece’s historical significance. Michelangelo lived in the villa as a...
Inflated? Lucio Fontana Yellow Concetto Spaziale’s $20m-$30m Estimate At Sotheby’s

Inflated? Lucio Fontana Yellow Concetto Spaziale’s $20m-$30m Estimate At Sotheby’s

by News Desk | Apr 8, 2024 | Art market news

Lucio Fontana’s Concetto spaziale, La fine di Dio (1964), goes under the hammer at Sotheby’s 15th May. The work has been part of the Cindy and Howard Rachofsky collection for over twenty years and will be auctioned at Sotheby’s.  The luminous cadmium...
Art Basel Hong Kong 2024: What Sold And What The Dealers Had To Say

Art Basel Hong Kong 2024: What Sold And What The Dealers Had To Say

by News Desk | Mar 30, 2024 | Art market news

Art Basel Hong Kong 2024 has wrapped up its latest edition, leaving a trail of significant sales and a vibrant local art scene. This marks a triumphant return to full scale for the show, making it the largest edition since 2019. The 11th iteration of Art Basel Hong...
Francis Bacon: Portrait of Lover And Muse George Dyer Auctioned

Francis Bacon: Portrait of Lover And Muse George Dyer Auctioned

by News Desk | Mar 24, 2024 | Art market news

Francis Bacon’s monumental single portrait of George Dyer, his celebrated muse and lover, marks a significant moment in the annals of Bacon’s career. This May, the painting is poised to realise a staggering $50 million at Sotheby’s in New York. The...
Belgian Dealers Face 21% Value Added Tax On Works Of Art

Belgian Dealers Face 21% Value Added Tax On Works Of Art

by News Desk | Mar 18, 2024 | Art market news

Belgium’s vibrant art scene faces a significant threat as the Ministry of Finance proposes a drastic increase in VAT rates for works of art, potentially jeopardising the sustainability of galleries, fairs, and auction houses within the country. While France and...
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