Gagosian Pays $52.9M for Twombly, Fritz the Cat Smashes Comic-Art Record, and More Fresh News

Cy Twombly (American, 1928-2011), Leda and the Swan, 1962, sold to Larry Gagosian for $52.9 million at Christie’s May 17, 2017 auction. Courtesy of Christie’s Images Ltd. 2017.

 

News and updates from around the arts and auction community:

  • Art dealer/gallerist Larry Gagosian snapped up the star lot of Christie’s May 17 Post-War and Contemporary Art Evening Sale. Gagosian paid $52.9 million for Cy Twombly’s elusive 1962 masterpiece Leda and the Swan, which had resided in a private collection for over 25 years. [Read more from Christie’s]
  • R. Crumb’s original cover art for an October 1969 compilation of Fritz the Cat underground comic books sold for $717,000 in an auction conducted by Heritage on May 18. It’s a record price for a piece of American comic art at auction. [Read more at Forbes]
  • On June 6, Sotheby’s will auction six extremely rare art panels from the legendary ocean liner S.S. Normandie. The reverse-on-glass Art Deco panels come from the esteemed Forbes family collection. [Read more from the New York Times]
  • Antique natural history books — the ones with colorful or engraved plates depicting plants and animals — can bring surprisingly high prices at auction. But how can you tell which books are rare and valuable? Bruce MacMakin, senior vice president at PBA Galleries in San Francisco, has the answers. [Read more from Jasper52]

For more news and updates, follow LiveAuctioneers on Twitter and Facebook.