HOME & GARDEN
October 14, 2004 |
A growing number of consumers are buying art -- known in the industry as wall decor -- that is made and marketed to coordinate with trends in home furnishings. "People are absolutely buying more art. In the last two or three years, our art sales have doubled," said Becky Weber, a buyer for Crate & Barrel. "It used to be the consumer who was buying the art to match the couch.
September 24, 2012 |
Sotheby's will expand its presence in China with a new, 10-year joint venture that will see the auction house giant team up with a state-owned Chinese art company. The deal will create a new entity called Sotheby's (Beijing) Auction Co., Ltd. Sotheby's said the new company would be the first international fine-art auction house in China. The agreement is subject to approval from the Chinese government. Under the new deal, Sotheby's said it would focus on auctions and exhibitions.
May 16, 1990 |
"Portrait of Dr. Gachet," a melancholy character study by Vincent van Gogh, was purchased Tuesday night by Kobayashi Gallery of Tokyo for $82.5 million, the highest auction price ever paid for a work of art. Christie's auction house had valued the work at $40 million to $50 million, but lackluster sales of contemporary art last week had led to speculation that the estimate was overly optimistic.
November 23, 2006 |
A painting by Mexican artist Alfredo Ramos Martinez, expected to bring $350,000 to $450,000 in an auction of Latin American art, was sold for $1.8 million Tuesday night at Christie's New York. Fetching more than twice the top auction price previously paid for the artist's work, the colorful scene of two women surrounded by flowers was the star attraction in a $17-million sale that also brought record prices for 10 other artists.
March 15, 2009 |
Jose Clemente Orozco was one of 20th century Mexico's great socially minded muralists. A stark 1929 easel painting made at the dawn of the Great Depression helps to show how. The Los Angeles County Museum of Art bought the modestly sized tempera and oil painting last year -- its first painting by the artist -- and today it hangs on the fourth floor of the Art of the Americas building.
August 13, 2012 |
Following Sunday's opening night performance of “Red” at the Mark Taper Forum, theatergoers merely had to stroll down Grand Avenue to see eight Mark Rothko paintings at the Museum of Contemporary Art, where the after-party took place. The play is about the artist; the paintings are part of MOCA's permanent collection. The L.A. opening of the Tony Award-winning play, starring Alfred Molina and Jonathan Groff, was packed with celebrities, among them Leonard Nimoy, the artist, art collector and original Mr. Spock of TV's “Star Trek,” and Zachary Quinto, Mr. Spock of the 2009 and 2013 film versions.
November 8, 1989 |
A series of contemporary art sales got off to a roaring start Tuesday night at Christie's as a closely watched opening night auction totaled $62.4 million in sales and broke 28 artists' records. British artist Francis Bacon's anguished painting "Study for a Pope" brought the top bid in the auction of 101 lots with a sale price of $5.7 million--far above the auction house's most optimistic estimate of $1.5 million but less than the record $6.3 million paid last May for Bacon's "Triptych May June."
September 25, 1992 |
An $11-million art collection from the estate of composer Richard Rodgers and his wife, Dorothy, will be offered for sale this fall in three Christie's New York auctions. Twenty-six of the most valuable pieces, including paintings by Pablo Picasso, Pierre-Auguste Renoir and Henri Matisse valued at a total of $10 million, will go on the block Nov. 11. The most expensive item is Picasso's 1914 Cubist painting "Guitar and Newspaper," valued at $3 million to $4 million.
November 6, 2004 |
"Maternity," a painting by Paul Gauguin depicting a Tahitian woman breastfeeding her baby with two other women nearby, was sold for $39.2 million to an unidentified bidder Thursday night at Sotheby's New York. The sale, an auction record for the artist's work, was the highlight of a three-day series of Impressionist and Modern art sales that ended with mixed results. Sotheby's sale racked up $194.3 million and brought big prices for some paintings: $31.
May 29, 1995 |
When "Angel Fernandez de Soto," a rare portrait from Pablo Picasso's blue period, sold at auction this month for a record $29.15 million--three times its estimated value--industry pundits immediately proclaimed that investing in art was back with a vengeance. Even before the Picasso sold to composer Andrew Lloyd Webber, many brokers, dealers, gallery owners and investors were saying they'd perceived a quiet resurgence in buying paintings for more than just aesthetic value.