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