The Delaware Museum of Art, home to the Bankcroft Collection – a beautiful collection of Pre-Raphaelite art, recently received three generous gifts totaling $1.7M from two anonymous donors and prominent Wilmington, Delaware residents, Peggy and Edgar S. Woolard.

The museum invested the funds in what has been named the Annette Woolard-Provine Endowed

The art market not only seems to have found its former self but may be in for a total makeover.

Last Wednesday night, Sotheby’s fetched approximately $190 million for 50 pictures. More about the Sotheby’s auction can be found here:

www.nytimes.com/2010/05/14/arts/14iht-melik14.html

The previous night Christie’s sold a Jasper John’s “Flag” for $28.6 million which was

This past week brought mixed news concerning the state of the art auction market when it was reported that Christie’s met expectations at its auction of post-war and contemporary art.    

For those who missed it, here is a quick look at some of the press coverage:

According to Reuters, "the sale, at which 85 percent of the

When Lehman Brothers collapsed in September 2008, many felt that the loss of the venerable banking giant and the resulting market panic could have been avoided had the federal government intervened as it had with AIG, Bear Stearns, and other major institutions.  However, the fall of Lehman left behind more than its employees and a