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Welcome to ARTnewsletter
Written by the editors of ARTnews, the oldest and most widely-read fine arts magazine in the world, ARTnewsletter is a timely, topical, biweekly report on the art market. It is the indispensable resource for art professionals and serious collectors who need to follow art trends throughout the world.
Inside the Current Issue
Global Demand Fuels Robust Old Masters Results
LONDON—The series of auctions of Old Master and 19th-century art held at Bonhams, Christie’s and Sotheby’s July 6–8 brought in a total of £115.5 million ($173.2 million), including part-two day sales, comfortably within the £90 million/134 million estimate. Read more...
Lofty Estimates Meet With Measured Bidding at Christie’s
LONDON—Christie’s opened the summer auction season with its sale of Old Master and ­19th-century paintings, drawings and watercolors on July 6, which was led by two paintings from the Spencer Collection. Read more...
Sotheby’s Posts Major Improvement At London Old Master Auctions
LONDON—The total for Sotheby’s sale of Old Master and British paintings on July 7 was £53.5 million ($81 million), double the amount taken at last year’s sale. Read more...
Private British Watercolor Collection Brings Stellar Prices
LONDON—In the sale of a collection assembled by fertility doctor Ian Craft of British drawings and watercolors at Sotheby’s on July 14, a number of new record prices were set. Read more...
Disputed Leonardo Drawing At Center of Legal Battle
NEW YORK—In May, Swiss collector Jeanne Marchig filed a lawsuit against Christie’s alleging breach of fiduciary duty, breach of warranty and claims of negligence, more than a decade after a drawing she had consigned to the house—and which sold for less than $22,000—was reattributed by several experts as a work of Leonardo da Vinci. Read more...
Modern Art Collection of Prominent Paris Gallerist Brings $3M
PARIS—On July 7, Christie’s Paris held a sale of artworks from the collection of U.S.-born dealer Darthea Speyer, a longtime fixture on the Paris art scene who recently closed her gallery, after 42 years. Read more...
Mixed Demand for Hodler Landscapes at Swiss-Art Auctions
ZURICH—At Christie’s evening sale of Swiss art in Zurich on June 7, Giovanni Giacometti’s painting The Walnut Tree, 1908, sold to a Swiss collector for CHF 2.2 million ($1.96 million), above its estimate of CHF 1.2 million/1.8 million. Read more...
Houk Gallery to Expand to Zurich
GENEVA—New York–based Edwynn Houk Gallery, which specializes in vintage and contemporary photography, is expanding its gallery business internationally, having reached an agreement with Switzerland’s Galerie Zur Stockeregg to lease its gallery space in Zurich. Read more...
Agnew’s Plans Sidney Nolan Show For New London Space
LONDON—Agnew’s, Britain’s oldest family-owned art dealership, plans to open a new gallery in London in September. Read more...
Sam Francis Leads Kornfeld Modern Art Sale
ZURICH—At the age of 86, and after 59 years at the helm of the Galerie Kornfeld, Bern, the leading Swiss auction house for Old Master and modern paintings, drawings and prints, Eberhard W. Kornfeld wielded the gavel for his 250th auction on June 17–18. Read more...
Widespread Demand for Will Barnet’s Diverse Body of Work
NEW YORK—Several years ago, Will Barnet, now 99, decided to return to the kind of abstraction—known as “Indian Space” painting—that had characterized his earlier work. Read more...