Child's Favorite Sells for A Very Adult Price

According to the Washington Post, the iconic illustration for E.B. White's classic children's story "Charlotte's Web" was estimated to sell for $30k but fetched more than five times that amount at Heritage House in Manhattan.

The work by Garth Williams, a graphite-and-ink cover illustration, drew a winning bid of more than $155,000 at auction.

According to the article, this was the first time the Williams's family had put the art up for sale.

Sotheby's Rakes It In

According to this Reuters article, Sotheby's raised a combined 30.4 million pounds ($48.8 million) from its contemporary and Italian 20th century art sales last week, and added a further 9.7 million pounds from its contemporary day auction this past Saturday. The overall tally of 40.1 million pounds was toward the top end of pre-sale expectations and roughly double the amount raised from the equivalent sales in 2009.

Christie's also sold post-war and contemporary art worth 19.6 million pounds at its main evening sale.  Damien Hirst's "I am Become Death, Shatterer of Worlds" sold for 2.2 million pounds ($3.5 million) including buyer's premium, below pre-sale estimates of 2.5-3.5 million pounds.

Apps to Replace Docents and Headphones?

According to this recent article from the New York Times, the Apple iPhone app is becoming a mainstay for museums and other cultural institutions who want to assist their patrons in visiting their collections. 

But replacing audio guides and docents?  Probably not.  The review of the app as a do-it-all tool is not favorable:

"But the app’s limitations overshadow its strengths. The information is generally far less than what appears on the museum’s labels. There is no audio.  . . .The app also ends up undermining the structure of individual galleries, particularly when they have narratives. The app isolates objects rather than connecting them. "

Art Revitalizes Local Economies

As the nation's economy has struggled amid falling property values, many communities are counting on the arts as a means of economic development, according to USA Today.

Many of the efforts are devoted to providing grants and other enticements to the art community to bring a sense of interest to their localities.  According to the article, the downtown areas of American cities and see the arts as a chance to bring redevelopment, grant dollars and people back to struggling neighborhoods.

As the article notes, the cities offer artists cheap rent on studio and living space, plus marketing help.

The result is that the art districts boost foot traffic, drawing other businesses to move in.