In recent art world news, over the summer art dealer David Killen purchased a storage locker in New Jersey containing 200 works of art for $15,000 after hearing about it and taking a cursory look before completing the sale. This was nothing out of the ordinary for the art dealer as every month he
Art Authentication
The $110 Million Basquiat and its Aftermath
Richard Polsky writes:
The ramifications from last May’s sale at Sotheby’s of a Jean-Michel Basquiat painting, for $110 million, continue to reverberate. It made the buyer, Yusaku Maezawa, an art world household name. It led to the current “One Basquiat” exhibition, of the now-iconic canvas, at the Brooklyn Museum. It also provoked a multitude of…
Authenticating The $450.3 Million Leonardo da Vinci Masterpiece With Science
Some in the art world may not know that the 500-year old masterpiece painting Salvator Mundi (“Savior of the World”) by Leonardo da Vinci that recently sold for nearly half a billion dollars is imperfect. The work with a shady history was damaged and heavily repainted and then restored. At least one well regarded Leonardo…
Eighteenth Century Masterpiece Painting Missing For More Than A Century Is Hiding In Los Angeles
An intriguing story recently ran in the Los Angeles Times regarding an 18th century masterpiece painting that has gone missing for more than a century. The mysterious painting seems to have been hiding in plain sight in a Los Angeles home since the mid-1950s, but the exact location of the work is unknown. The…
Are Warhol Works Meticulously Recreated By British Artist 30 Years After Warhol’s Death Authentic Warhol Paintings?
In recent art world news, British artist Paul Stephenson has recreated some of Andy Warhol’s most celebrated works using the exact same materials and methods as the late artist. This has sparked a lively debate as to what can be done after an artist’s death.
Warhol’s legendary New York City studio, The Factory,…
There’s No Crying in Baseball (Even When It Rains) – Famous Rockwell Painting of Three Umpires Assessing Rain Sells for $1.6M at Auction
Norman Rockwell is as famous as apple pie for his iconic depictions of American life. Once shunned by the art world as an ordinary illustrator, Rockwell’s saccharine vignettes are now prized paintings.
The recent auction sale of a painting of three umpires for $1.6M USD at auction reveals that even mere studies by the artist…
University of Arizona Museum of Art Reunited with Stolen de Kooning
In recent news, an original Willem de Kooning known as “Woman-Ochre” was found at an estate sale by owners of Manzanita Ridge Furniture & Antiques, a New Mexico furniture and antiques shop (the owners include Buck Burns, Rick Johnson and David Van Auker).
Unaware that the work was an original de Kooning that had…
International Foundation for Art Research (IFAR) Issues New Provenance Guide
In the wake of more WWII/Nazi era stolen art legal battles, the International Foundation for Art Research (IFAR) has issued a new Provenance Guide, which highlights the importance of archival research, and states that provenance research is “a must” for all art purchasers. The Provenance Guide includes links to numerous archival websites and…
Sotheby’s London Sells Portrait of An Old Women As Authentic Rubens and Fetches 20 Times the Original Hammer
In March 2016, a US auction gallery sold an Old Master oil painting (a sketch of an old woman) for $27,000. The sale price was nearly double the high auction estimate of 15,000. However, when the same painting was recently sold by Sotheby’s London in a July 2017 sale as an authentic Peter Paul…
New Andy Warhol Catalogue Raisonne Addendum Launched
Richard Polsky writes:
Catalogue rasionnes, which are compendiums of an artist’s entire body of work, are always insightful. The official Andy Warhol Catalogue Raisonne is one of the best; an amalgam of impressive research and good design. And it’s still ongoing, with more volumes to come in future years. But just like every famous artist’s…