NEW YORK – Owning an original Warhol or Monet might seem an unattainable dream to aspiring art collectors without millions to burn. We’ve all seen the heart-stopping prices paid at New York and London auction galleries and thought, ‘Wouldn’t it be nice…’ But a blue-chip art investment platform called Masterworks is changing the dynamic and making it possible, now, for anyone – even someone with as little as $20 to spare – to become an investor.
LOS ANGELES – Julien’s Auctions held its fall Street & Contemporary Art Auction last night, November 14, 2018, live at the Standard Oil Building in Beverly Hills. AN energized audience of collectors and bidders took part live on the floor, online via LiveAuctioneers and on the phone. One of the most high-profile entries – Slave Labour (Bunting Boy) – created by one of the most talked-about street artists in the world, Banksy, sold for an astounding $730,000. The buyer was American contemporary artist Ron English.
NEW YORK – A painting by Surrealist icon René Magritte sold for $26.8 million at Sotheby’s Impressionist & Modern Art Evening Sale on Monday.
CASPER, Wyo. (AP) – Color fills the gallery, where faces peer from portraits covering the walls almost from top to bottom. Sculptures crowd the center of the space at the Nicolaysen Art Museum. Figures wrapped in twine suspend from the ceiling, while characters made of bowling pins perch along a ledge at the top of the gallery walls.
CHICAGO (AP) – Chicago Mayor Rahm Emanuel has dropped plans to sell a city-owned mural that could have raised millions of dollars for a library.
FORT SMITH, Ark. (AP) – Whether they’re homegrown or from the other side of the world, the muralists participating in The Unexpected this year are excited to bring their art to the streets of Fort Smith.
PARIS – In their November 15 Japonism sale, Christie’s France will feature the Nocturne commode created by Émile Gallé between 1900 and 1904. It is estimated at €200.000-€300.000.
TERRE HAUTE, Ind. (AP) – A Clabber Girl baking powder billboard that’s been a western Indiana landmark since the 1930s is being prepped for a thorough restoration.
NEW YORK – In its November 11 Evening Sale of Impressionist and Modern Art, Christie’s will present two consummate examples of sculpture by Alberto Giacometti: Femme assise, conceived in 1949-1950 and cast in 1957 ($14-18 million) from a distinguished private collection, and Le Chat – “The Lambert Cat” – conceived in 1951 and cast in 1955 ($14-18 million), which was formerly in the Johanna Lambert collection. These works come to auction on the heels of Giacometti’s widely celebrated retrospective at the Solomon R. Guggenheim Museum, New York.
MIAMI (AP) – The Miami Marlins’ home run sculpture is outta here.