ARTnewsletter

$104M Giacometti Takes Experts by Surprise

LONDON—Sotheby’s evening sale of Impressionist and modern art on Feb. 3 was still less than a third of the way through its 39 lots when it became a blockbuster event that broke worldwide records, propelling the sale total far beyond the house’s estimate of £69 million/102 million ($111 million/164 million). Read more...

Dell Private Fund Acquires Historic Trove of Magnum Archive Photos

NEW YORK—On Feb. 2, Magnum Photos and MSD Capital, the private investment firm of computer mogul Michael Dell, announced an unprecedented deal for the sale of the Magnum archive. Read more...

Major Improvement at Old Master Auctions as Buying Rebounds

NEW YORK—Sales of Old Master and 19th-century European art rose considerably at the most recent round of New York auctions held by Sotheby’s and Christie’s Jan. 27–29. Read more...

Christie’s Reports Sharp Drop in 2009 Global Sales

NEW YORK—Christie’s reported worldwide sales of £2.1 billion ($3.3 billion) for last year, a 24 percent decrease in pounds and a 35 percent decrease in dollars from the auction house’s total sales in 2008. Read more...

Modern and Contemporary Artworks Shine at Skinner Sale

NEW YORK—Rotating First Section, 1966, a bronze globe by Italian artist Arnaldo Pomodoro (b. 1926) was the top lot at Skinner’s Jan. 29 sale of American and European art in Boston, fetching $468,000, three times the $100,000/150,000 estimate. Read more...

Hilfiger and Haring Foundation Team Up for New Footwear Line

NEW YORK—Clothing designer Tommy Hilfiger has partnered with the Keith Haring Foundation to create a line of footwear, which was unveiled in Paris on Feb. 4. Read more...

Collector Profile: John Schaeffer

SYDNEY—Friends of the businessman John Schaeffer were surprised to receive a Christmas card from him last year with an illustration of arguably the most famous painting by Frederick Leighton (1830–96) on the front. Read more...

Major Museum Shows Fuel New Interest in Eggleston Photos

NEW YORK—Major museum shows of the photography of William Eggleston (b. 1939) have further boosted the already-robust market for the artist’s work in recent years. Read more...

Christie’s Names Lisa King COO

NEW YORK—Christie’s appointed Lisa King chief operating officer and group managing director of Christie’s International late last month. Read more...


Login Email Address: Password: Forgot your password? Subscribe Today Subscribe to ARTnewsletter today! As an added bonus you will receive free access to the searchable archive, and downloadable PDF versions of each issue.	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 $104M Giacometti Takes Experts by Surprise LONDON—Sotheby’s evening sale of Impressionist and modern art on Feb. 3 was still less than a third of the way through its 39 lots when it became a blockbuster event that broke worldwide records, propelling the sale total far beyond the house’s estimate of £69 million/102 million ($111 million/164 million). Read more... Dell Private Fund Acquires Historic Trove of Magnum Archive Photos NEW YORK—On Feb. 2, Magnum Photos and MSD Capital, the private investment firm of computer mogul Michael Dell, announced an unprecedented deal for the sale of the Magnum archive. Read more... Major Improvement at Old Master Auctions as Buying Rebounds NEW YORK—Sales of Old Master and 19th-century European art rose considerably at the most recent round of New York auctions held by Sotheby’s and Christie’s Jan. 27–29. Read more... Christie’s Reports Sharp Drop in 2009 Global Sales NEW YORK—Christie’s reported worldwide sales of £2.1 billion ($3.3 billion) for last year, a 24 percent decrease in pounds and a 35 percent decrease in dollars from the auction house’s total sales in 2008. Read more... Modern and Contemporary Artworks Shine at Skinner Sale NEW YORK—Rotating First Section, 1966, a bronze globe by Italian artist Arnaldo Pomodoro (b. 1926) was the top lot at Skinner’s Jan. 29 sale of American and European art in Boston, fetching $468,000, three times the $100,000/150,000 estimate. Read more... Hilfiger and Haring Foundation Team Up for New Footwear Line NEW YORK—Clothing designer Tommy Hilfiger has partnered with the Keith Haring Foundation to create a line of footwear, which was unveiled in Paris on Feb. 4. Read more... Collector Profile: John Schaeffer SYDNEY—Friends of the businessman John Schaeffer were surprised to receive a Christmas card from him last year with an illustration of arguably the most famous painting by Frederick Leighton (1830–96) on the front. Read more... Major Museum Shows Fuel New Interest in Eggleston Photos NEW YORK—Major museum shows of the photography of William Eggleston (b. 1939) have further boosted the already-robust market for the artist’s work in recent years. Read more... Christie’s Names Lisa King COO NEW YORK—Christie’s appointed Lisa King chief operating officer and group managing director of Christie’s International late last month. Read more...