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Art Market Sails Over Turmoil
Art Market Sails Over Turmoil
Dec 26, 2007 6:01 AM CST

Art Market Sails Over Turmoil

Weak dollar, overseas buyers help keep prices high

(Newser) - US financial markets were in chaos this year, but the art market certainly wasn't. The expanding ranks of the super-rich, the weak dollar, and emerging connoisseurs from Russia, China, India, and the Middle East kept auction houses in fine form, the AP reports, with postwar and contemporary works—including a...

Bangladesh in Frenzied Search for Stolen Art

Priceless artifacts go missing before flight to Paris

(Newser) - Bangladesh has mounted a massive hunt for two priceless artifacts that went missing yesterday at the Dhaka airport, Reuters reports. The statues of the Hindu god Vishnu, sculpted 1,500 years ago, were on their way to an exhibition at a Paris museum. Bangladeshi authorities have detained 12 suspects and...

Thieves Nab a Picasso in Museum Heist

Work by Portinari also missing after quick strike in Brazil

(Newser) - Thieves broke into Latin America's foremost museum early yesterday and stole two paintings in a 3-minute heist. They made off with a Picasso portrait and a work by Brazilian painter Candido Portinari from Brazil's São Paulo Museum of Art, the AP reports. The thieves skipped several major works and...

Dissed in New York, Painting Thrives in LA

For LA Times critic, the medium's doing fine, thank you

(Newser) - Is American painting dead? For the art critic of the Los Angeles Times, it's a question only a New Yorker could ask. In LA painting has been the dominant medium for more than half a century, as a new exhibition, Birth of the Cool, makes clear. From pioneers like Ed...

Russia Cancels UK Painting Exhibition
Russia Cancels UK Painting Exhibition
Dec 19, 2007 10:53 AM CST

Russia Cancels UK Painting Exhibition

Art reversal is latest salvo in worsening diplomatic tit-for-tat

(Newser) - A major exhibition of Russian-owned art in London was canceled today, the Guardian reports, the latest casualty of cooled relations in the wake of the Alexander Litvinenko affair. More than 100 paintings were to go on exhibition Jan. 26 at London's Royal Academy, but Russian agencies are now refusing the...

Metropolitan Museum Scores Arbus Archive

Priceless gift includes thousands of negatives, annotated prints

(Newser) - Two years after New York's Metropolitan Museum mounted a landmark Diane Arbus retrospective, the photographer's daughters have donated her complete archives to the museum, reports the New York Times. The gift includes 7,500 rolls of film, hundreds of early photographs, and print sleeves Arbus annotated by hand before she...

Anonymous Painting Is by Caravaggio
Anonymous Painting Is by Caravaggio
Dec 12, 2007 12:37 PM CST

Anonymous Painting Is by Caravaggio

'Copy' of Card Sharps turns out to be earlier version worth $100M

(Newser) - A British art historian who bought a misattributed painting at auction last year has demonstrated it is the work of Caravaggio. The Telegraph reports that Sotheby's sold what it thought was a copy of The Card Sharps, one of Caravaggio's most famous works that currently hangs at the Kimbell Museum...

Gauguin Sculpture a Fake
Gauguin Sculpture a Fake
Dec 12, 2007 12:03 PM CST

Gauguin Sculpture a Fake

'The Faun' outed as impostor after decade in Chicago art museum

(Newser) - After a decade on display at the Art Institute of Chicago, a ceramic figure allegedly sculpted by Paul Gauguin was revealed yesterday to be a fake. The museum discovered 'The Faun,' a half-man, half-goat figure, to be the work not of the 19th century French artist, but of a...

Michelangelo Sketch Turns Up at Vatican

Long-lost drawing is detailed plan for St. Peter's Basilica

(Newser) - A red chalk drawing, possibly Michelangelo's last before his death at 88, has been found in a Vatican archive after nearly 500 years. The sketch is a plan for the dome of St. Peter's Basilica, which Michelangelo was put in charge of in 1546, the BBC reports. A researcher "...

Lion Sculpture Fetches Record Price at Auction

3¼-inch Guennol Lioness goes for $57M, nearly double last mark

(Newser) - A limestone sculpture of a lioness standing at only 3¼ inches sold at auction in New York yesterday for $57 million, smashing the record price for a sculpture, the BBC reports. The Guennol Lioness, believed to have been carved 5,000 years ago in Mesopotamia (modern-day Iraq and Iran), topped...

In Miami, High Prices Make Buyers Hesitate

Art Basel opens to huge crowds, but some sense a slowdown

(Newser) - Art Basel Miami Beach opens to the public today, but yesterday's VIP preview saw the now-traditional mad dash of collectors to snatch up works. Many people attending the preview were complaining about high prices, the Miami Herald reports—not least at those galleries that are pricing work in euros. Despite...

Antiwar Work Wins Britain's Top Art Prize

Mark Wallinger receives award for Iraq war protest replica

(Newser) - The Turner Prize, Britain's highest award for contemporary art, has gone to Mark Wallinger for his painstaking recreation of a dismantled "peace camp" protesting the Iraq war. Wallinger brought hundreds of antiwar placards and photographs into the classical galleries of Tate Britain in a work that the judges called...

2 Downtowns, 1 New Museum
2 Downtowns, 1 New Museum
Dec 1, 2007 10:22 AM CST

2 Downtowns, 1 New Museum

Japanese architects win raves for new New York building

(Newser) - New York's New Museum, the scrappy showcase for contemporary art founded in a SoHo loft 30 years ago, reopens this weekend in a building Nicolai Ouroussoff describes as "a series of mismatched galleries precariously stacked one atop the other." For the New York Times' architectural critic, the building,...

Rockwell Santa Painting Sells for $2.17M

Prices for magazine cover originals may be heading north

(Newser) - Straddling the line between art, illustration, and extravagant Christmas gift, Norman Rockwell's "Extra Good Boys and Girls" raked in $2.17 million at a Christie's auction this week. The painting, originally a 1939 Saturday Evening Post cover, didn't hit the $2.5 million to $3.5 million estimate, but...

Ouch! In London, Art Hurts
Ouch! In London, Art Hurts
Nov 27, 2007 12:50 PM CST

Ouch! In London, Art Hurts

Installation at Tate Modern causes at least 15 injuries to unsuspecting visitors

(Newser) - A high-profile installation at the Tate Modern has won critical praise and drawn crowds, but Doris Salcedo's Shibboleth 2007 has also caused trouble, the London Times reports. Some 15 people were injured in a month while viewing the work, a crack in the floor of the gallery large enough to...

Trashed Painting Fetches $1M
Trashed Painting Fetches $1M
Nov 21, 2007 8:00 AM CST

Trashed Painting Fetches $1M

Canvas found in garbage sells for seven figures at Sotheby's

(Newser) - A painting by the Mexican artist Rufino Tamayo rescued from the trash sold at Sotheby's last night for over $1 million, the BBC reports. A New York woman spotted the 1970 work in a pile of garbage awaiting pick-up on the curb in her upper West Side neighborhood. She took...

The Man Behind the Smile
The Man Behind the Smile
Nov 14, 2007 5:38 PM CST

The Man Behind the Smile

Chinese artist takes New York with his signature troubling grin

(Newser) - It's contemporary Chinese art's most indelible image—the smile so huge it becomes false, accusatory—and it belongs to Yue Minjun, the artist who uses the grinning self-portraits, often many of them, in his paintings. The New York Times chats with Yue, who is enjoying his first US show in...

Art Market Defies Crash Fears With Record Sale

Christie's contemporary evening shatters 16 records

(Newser) - So much for a correction: at last night's sale of modern and contemporary art at Christie's in New York, 16 artists achieved record prices and 61 out of 66 lots sold. Dealers were in shock as collectors continued to snatch up works at astronomical prices. Even a lesser work such...

Matisse Pulls Impressive $33.6M
Matisse Pulls Impressive $33.6M
Nov 7, 2007 7:20 AM CST

Matisse Pulls Impressive $33.6M

Art world breathes easier after first night of stellar sales

(Newser) - A nervous New York art world breathed a sigh of relief on the first night of the fall auctions yesterday when a Matisse painting fetched a whopping $33.6 million, far above its high estimate. Collectors and dealers are watching November's sales at Sotheby's and Christie's with anxiety, reports the...

Frida Kahlo: Could She Paint?
Frida Kahlo: Could She Paint?
Nov 4, 2007 9:54 PM CST

Frida Kahlo: Could She Paint?

Assessing the art behind the legend

(Newser) - Mexican icon, tragic figure, feminist saint: Frida Kahlo has generated such a potent legend that her painting is often an afterthought. On the occasion of the 100th anniversary of her birth—and a retrospective at the Walker Art Center in Minneapolis—New Yorker critic Peter Schjeldalh revisits her work, and...

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