MANILA – The Philippines, with its rich history and cultural position at the crossroads of East and West, is one of the world’s leading centers for art. But until now, distantly located art buyers with a curiosity about the Philippines haven’t had a way to learn more about the treasures available there. All that has changed with the announcement that Salcedo Auctions, located in Manila’s upscale financial district, has chosen LiveAuctioneers to provide absentee and Internet live-bidding services, starting with a triple-session sale on September 18th-19th.
Swiss art dealer charged in France in case of ‘stolen’ Picassos
PARIS (AFP) – A Paris court on Monday charged a Swiss art dealer, Yves Bouvier, with handling stolen goods in a case relating to the alleged theft of artworks by Pablo Picasso, a charge Bouvier categorically denies. The 52-year-old must hand over 27 million euros ($31 million) in caution money — the sum said to have been paid by Russian billionaire Dmitri Rybolovlev for two Picasso masterpieces, including “Woman with Fan,” and 58 drawings.