art auction – News Stories About art auction - Page 7

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...

Rich Ruskies Buy Back
Their Heritage

Dec 1, 2007 6:07 PM CST

Rich Ruskies Buy Back Their Heritage

Billionaires snapping up art that left the country under Soviets

(Newser) - The super-rich of the new capitalist Russia are busy buying back a treasure trove of Russian art, much of it bought up on the cheap by foreign collectors after the 1917 revolution. This week, a throng of Russian billionaires walked away with most of the good stuff from a series...

Rockwell Santa Painting Sells for $2.17M

Nov 30, 2007 2:02 PM CST

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...

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...

$72M Sale Shatters Warhol Record

May 17, 2007 4:33 PM CDT

$72M Sale Shatters Warhol Record

Auction madness continues as contemporary-art market sizzles

(Newser) - An Andy Warhol painting sold for $71.7 million last night at Christie's, more than quadrupling the previous record price for a work by the pop artist. The price for "Green Car Crash (Green Burning Car I)," part of Warhol's "Death and Disaster" series, more than doubled...