□ Thursday, 31 May 2007

Credit Card As Art
The most recent figures from the Federal Reserve noted an uptick of more than 9 percent in “revolving credit” — that is, the debt carried by the millions of American consumers who don’t pay off their cards every month — putting the total at $888.2 billion as of March. More...

□ Wednesday, 30 May 2007

Fantastic Results Achieved at Christie's Hong Kong
HONG KONG - The 20th Century Chinese Art and Asian Contemporary Art auctions held today at Christie’s Hong Kong realized a total of over HK$609,000,000/ US$79,170,000, the highest combined total of these two categories ever achieved anywhere in the world. More...

□ Monday, 28 May 2007

Christie's To Sell $20 Million Raphael Portrait on July 5
LONDON - Christie's will offer a masterpiece by Raffaello Sanzio, called Raphael (1483-1520) at the auction of Important Old Master and British Pictures on 5 July 2007 in London. More...

□ Sunday, 27 May 2007

Andrew Wyeth's Ericksons Sells For Record $10.3 M
NEW YORK.- Yesterday’s remarkable Important American Paintings, Drawings and Sculpture auction held at Christie’s New York totaled $55,405,200 and exceeded its high estimate by over $8 million... More...

□ Saturday, 26 May 2007

Sotheby's Indian Sale Realizes GBP2.8 Million
LONDON, ENGLAND - The Indian Sale at Sotheby's London, which brought a total of £2,862,600 ($5,688,559). Red Balloon by Bikash Bhattacharjee and Village Enchante by Sakti Burman, were both aggressively sought after by collectors and achieved records for the artists at auction... More...

Best Total for a Modern & Contemporary Art Auction in Italy
MILAN, ITALY - In a packed saleroom and with 40 telephones connected with Italian and foreign collectors 4 times applauses interrupted the auction: for Sironi, Scarpitta, Manzoni and at the end of the last session to underline a very successful event. More...

Manet's Femme nue se coiffant Sells for $7.5 Million
PARIS, FRANCE - A work by Edouard Manet titled Femme nue se coiffant was sold at Christie’s in Paris for $7,569,408. More...

Meet the million-dollar man
As the bidding for Emily Kame Kngwarreye's Earth's Creation accelerated towards the million-dollar mark at Wednesday night's auction of indigenous art, Tim Jennings felt his heart begin to race... More...

Small UK Museum Wins Arts' Richest Prize
The biggest prize in the arts, the £100,000 Gulbenkian museum prize, was awarded last night to Pallant House in Chichester, described as "a jewel of a gallery". More...

□ Thursday, 24 May 2007

Aboriginal painting breaks the $1 million barrier
AN INDIGENOUS artwork has broken the $1 million price barrier for the first time, with a painting by central Australian artist Emily Kame Kngwarreye selling for $1,056,000 at an auction in Sydney last night. More...

Jean Prouvé's Prototype Maison Tropicale at Christie's
NEW YORK - Christie’s New York's Spring 20th Century Decorative Art & Design sales take place on June 5-6 at the Rockefeller Galleries and are led by one of Jean Prouvé's visionary pre-fabricated constructions, a Prototype Maison Tropicale. More...

□ Tuesday, 22 May 2007

Rosenwald Wolf Gallery Receives $200K for Women in Pop Art
PHILADELPHIA, PA.-The Rosenwald Wolf Gallery at The University of the Arts was among seven cultural organizations awarded a total of $651,650 in exhibition and planning grants. More...

Contemporary Art Museum St. Louis Brings $500,000
ST. LOUIS, MO.- The Contemporary Art Museum St. Louis announces it brought in more than $500,000 in revenue at the Arts Desire Art and Wine Auction on the evening of Saturday, May 12, setting a new fundraising record for the museum. More...

Post-War & Contemporary Art Fetches $93 Million
NEW YORK - Yesterday's Morning and Afternoon Sessions of Post-War & Contemporary Art fetched $93,097,200, setting a new record total for Post-War and Contemporary Art day sales. More...

□ Friday, 18 May 2007

Only 20% of the Chinese visual art bought today is Western-style contemporary art
Still an immature market in mainland China, without solid intellectual and institutional underpinning More...