A Billionaire is suing his art dealer in Switzerland for allegedly marking up the prices of art and pocketing the extra

 July 10, 2018

“The collector says he was inspired to sue after discovering the ongoing legal dispute between Dmitry Rybolovlev and Yves Bouvier.” – reports artnet News. An unnamed Russian billionaire and his son have launched a lawsuit against their art dealer, who helped them build a collection worth an estimated CHF 600 million ($607 million). The family […]

Christie’s Revives the Market’s Mood With a Strong $168 Million Impressionist and Modern Sale in London

 June 20, 2018

“The auction was led by a rare Monet that sold for $32.8 million.” – reported artnet News The Impressionist and Modern market is back on track. Any gloom created by Sotheby’s lackluster sale in London on Tuesday was lifted this evening by a very strong performance at Christie’s. The house’s Impressionist and Modern evening sale […]

Asian and Russian Buyers—And a Pair of Record Chagalls—Powers Sotheby’s Solid $269.7 Million Impressionist Sale

 November 14, 2017

The atmosphere was far from electric, but the sale had some highs. “You’re not going to get another Chagall this big, I don’t think,” quipped auctioneer Helena Newman on Tuesday evening at Sotheby’s sale of Impressionist and Modern art. Newman was coaxing the house’s James Mackie, the head of the department in London, and Patti […]

Angela Merkel Skips Donald Trump’s Inauguration for a Museum Visit

 January 20, 2017

She checked out the Barberini Museum opening instead. Angela Merkel won’t be tuning in to Donald Trump’s inauguration today; she’s choosing to look at art instead. The German chancellor is amongst the guests scheduled to attend the opening of tech billionaire Hasso Plattner’s privately owned Barberini Museum in Potsdam. Plattner, co-founder of the software giant […]

Who Were the Most Expensive European Artists at Auction in 2015?

 January 02, 2016

The global art market remained strong and buoyant in 2015. Boosted by record-shattering auction sales and new buyers from emerging markets, it has been an exciting year for auction houses, dealers, and collectors. According to data from artnet’s Price Database, European artists have had an especially big year at auction. And despite the sustained hype […]

Claude Monet Painting Embroiled in $300 Million New York Legal Battle

 July 07, 2015

In a longstanding art feud, two Brooklyn families are locked in a bitter dispute over the ownership of a painting by Claude Monet that, if authentic, is claimed to be worth $100 million. In September 2014, the heirs of David Arakie sued Shaya Gordon and his siblings in Kings County Supreme Court for the return […]

London Gallerist Discovers Rare Monet Taped to Back of Pastel Bought at Auction

 June 24, 2015

Jonathan Green, director of London’s Richard Green Gallery, hit the proverbial dealer’s jackpot when he unwittingly purchased three pastels by Claude Monet at a Parisian auction in 2014 for the price of two. After returning home, Green noticed that there was something fastened to the back of one of the two rare studies of skies […]

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