ARTnewsletter

London Summer Auctions: Some Solid Prices But Overall Sale Volume Plummets

LONDON—In spite of the substantial decline in sales totals realized at the auctions of Impressionist and modern art June 23–25, the market emerged looking solid. Read more...

Scaled-Down Sotheby’s Impressionist Sale Hits the Mark

LONDON—As it did in February, Sotheby’s Impressionist and modern art department responded to the recession by mounting an evening sale on June 24 that was much more tightly edited than Christie’s, with just 27 lots, the fewest since 1997. Read more...

Christie’s Evening Sale Struggles Despite Lower Expectations

LONDON—On June 23 Christie’s posted its lowest total for an evening sale of Impressionist and modern art in London since June 2005. Read more...

Merkin Sells $310M Art Collection Amid Fallout from Madoff Fraud

NEW YORK—Financier and art collector J. Ezra Merkin, who has been the target of several lawsuits after having invested more than $2.4 billion with disgraced money manager Bernard L. Madoff, is liquidating the core of his art collection. Read more...

Mystery Collection of ‘Dr. B.’ Nets $5.1 Million at Auction

PARIS—French auctioneer Osenat’s sale of contemporary art and 20th- and 21st-century decorative arts, held on June 14 in the Paris suburb of Fontainbleau, featured a group of 23 artworks, including four works by Joan Mitchell, paintings and collages by Nicolas de Staël and canvases by Jean-Paul Riopelle. Read more...

Sotheby’s Paris Drawings Sale Posts Several Records

PARIS—Old Master and 19th-century drawings and paintings brought solid prices at Sotheby’s in Paris on June 24. Read more...

Rosenfeld Gallery Represents Benny Andrews Estate

NEW YORK—Last month, Michael Rosenfeld Gallery began representation of the estate of painter Benny Andrews (1930–2006). Read more...

European Buyers Boost Market For Maja Engelhardt Paintings

NEW YORK—Collectors bought 15 of the 25 paintings by Maja Lisa Engelhardt (b. 1956) on view in her recent show “The Third Day,” at the Elizabeth Harris Gallery in New York City, which is “more than pretty good in this market,” said Miles Manning, director of the gallery. Read more...

Bank of America Tightens Sotheby’s Loan Terms

NEW YORK—In a filing with the Securities and Exchange Commission on June 26, Sotheby’s said it had amended the terms of a credit agreement with Bank of America. 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 London Summer Auctions: Some Solid Prices But Overall Sale Volume Plummets LONDON—In spite of the substantial decline in sales totals realized at the auctions of Impressionist and modern art June 23–25, the market emerged looking solid. Read more... Scaled-Down Sotheby’s Impressionist Sale Hits the Mark LONDON—As it did in February, Sotheby’s Impressionist and modern art department responded to the recession by mounting an evening sale on June 24 that was much more tightly edited than Christie’s, with just 27 lots, the fewest since 1997. Read more... Christie’s Evening Sale Struggles Despite Lower Expectations LONDON—On June 23 Christie’s posted its lowest total for an evening sale of Impressionist and modern art in London since June 2005. Read more... Merkin Sells $310M Art Collection Amid Fallout from Madoff Fraud NEW YORK—Financier and art collector J. Ezra Merkin, who has been the target of several lawsuits after having invested more than $2.4 billion with disgraced money manager Bernard L. Madoff, is liquidating the core of his art collection. Read more... Mystery Collection of ‘Dr. B.’ Nets $5.1 Million at Auction PARIS—French auctioneer Osenat’s sale of contemporary art and 20th- and 21st-century decorative arts, held on June 14 in the Paris suburb of Fontainbleau, featured a group of 23 artworks, including four works by Joan Mitchell, paintings and collages by Nicolas de Staël and canvases by Jean-Paul Riopelle. Read more... Sotheby’s Paris Drawings Sale Posts Several Records PARIS—Old Master and 19th-century drawings and paintings brought solid prices at Sotheby’s in Paris on June 24. Read more... Rosenfeld Gallery Represents Benny Andrews Estate NEW YORK—Last month, Michael Rosenfeld Gallery began representation of the estate of painter Benny Andrews (1930–2006). Read more... European Buyers Boost Market For Maja Engelhardt Paintings NEW YORK—Collectors bought 15 of the 25 paintings by Maja Lisa Engelhardt (b. 1956) on view in her recent show “The Third Day,” at the Elizabeth Harris Gallery in New York City, which is “more than pretty good in this market,” said Miles Manning, director of the gallery. Read more... Bank of America Tightens Sotheby’s Loan Terms NEW YORK—In a filing with the Securities and Exchange Commission on June 26, Sotheby’s said it had amended the terms of a credit agreement with Bank of America. Read more...