Merkin’s Art Adviser Bought Expensive Rothkos, Lost Millions
Date: 10 Jan 2009 | Views: 2860
J. Ezra Merkin, the New York financier tied to Bernard Madoff’s alleged $50 billion Ponzi scheme, is hearing from collectors interested in buying his dozen $150 million Mark Rothko paintings, the world’s largest private grouping, according to his art adviser. More...
Russia's Art Boom Scales Down
Date: 10 Jan 2009 | Views: 2397
Just three months ago the sky seemed the limit in Russia. The country’s art scene was booming, but despite the government’s constant downplaying of a crisis, today the word is on everyone’s lips. As one official at a top natural... More...
In Museums' Fight For Survival, How Far Is Too Far?
Date: 7 Jan 2009 | Views: 2359
It's hard to talk about museums these days without discussing the effect the recession is having on them. Funding of all kinds is being cut, and many museums are laying off staff, postponing exhibitions and looking for new ways to raise money. More...
Secrets of the auction room
Date: 4 Jan 2009 | Views: 3438
The art market is often described as the last unregulated financial market in the world. It has remained stubbornly resistant to almost all efforts to bring transparency to its operations, which still mainly function on the basis of highly personal relations and often secretive transactions. More...
Rare and Enticing Maritime Collectibles at Christie's New York on January 15
Date: 1 Jan 2009 | Views: 2633
A large model of a British ship-of-the-line carved from bone and ebony, a 1916 New York Yacht Club trophy, and a scrimshaw whale’s tooth depicting the female pirate Fanny Campbell are some of the rare and enticing collectibles included in Christie’s Maritime Decorative Arts sale on January 15, 2009. More...
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