Advertisement
YOU ARE HERE: LAT HomeCollectionsArt Sales
IN THE NEWS

Art Sales

ENTERTAINMENT
June 15, 2009 | Mike Boehm
The Orange County Museum of Art in Newport Beach has quietly sold 18 of its 20 California Impressionist paintings to an undisclosed private collector, sparking criticism from two local museum directors who say the secrecy violated the public interest by preventing them from bidding to keep the works in collections open to the public. The Times learned of the sale after a reader's tip on its Culture Monster arts blog. Reached Friday in Zurich, Switzerland, OCMA director Dennis Szakacs said the paintings from the early 1900s fetched a total of $963,000 in late March from a Laguna Beach collector whose identity the museum promised not to disclose.
Advertisement
ENTERTAINMENT
December 9, 2008 | Bloomberg News
The Russian government has set up a commission to review the legality of the Soviet Union's sale of artworks from the country's museums before World War II, the director of the State Hermitage Museum said Monday. Of the hundreds of paintings sold from the Hermitage Museum in the late 1920s and early 1930s, about 20 of them eventually went to help create the National Gallery of Art in Washington, D.C.
ENTERTAINMENT
September 17, 2008 | From the Associated Press
A sale of pickled sharks, butterfly paintings and other pieces by provocative British artist Damien Hirst has raised $198 million, silencing his doubters and defying the global economic gloom. Sotheby's auction house said the total for the two-day sale was a record for an auction of works by a single artist, smashing the $20-million figure set in 1993 for 88 works by Pablo Picasso. The turmoil engulfing global financial markets did nothing to dampen prices as more than 600 prospective buyers packed the London showroom for each of the three auction sessions.
ENTERTAINMENT
May 15, 2008 | From Bloomberg News
Lucian Freud, the 85-year-old British painter, became the world's priciest living artist at auction when his graceful portrait of a 280-pound civil servant named Sue fetched $33.6 million at Christie's International in New York. The 1995 Freud was one of eight records smashed in an exuberant sale Tuesday night featuring the male clique of auction stars that includes Andy Warhol, Francis Bacon and Richard Prince. The top lot was a 1952 Mark Rothko painting, with red bands on a yellow background, that went for $50.4 million.
ENTERTAINMENT
March 22, 2008 | From Reuters
Take a second look at that signed Picasso print you bought on EBay. A ring of art counterfeiters has sold thousands of prints since 1999 bearing the forged signatures of Picasso, Miro, Dali and other famous artists to buyers around the world. "Thousands of people will learn they . . . bought a fake," said Chicago-based U.S. Attorney Patrick Fitzgerald, who announced indictments this week charging two Americans, a Spaniard from Barcelona, and two Italians from Milan and Monsummano with multiple counts of fraud.
ENTERTAINMENT
November 9, 2007 | From the Associated Press
A Ming Dynasty painting has been auctioned for $10.7 million, a record price for a Chinese painting, state media in China reported. "The Red Cliff Handscroll" by painter Qiu Ying was sold to a private buyer from China by China Guardian Auctions Co., Xinhua News Agency said. The previous record for a Chinese painting was set earlier this year at an auction in Hong Kong, when "Put Down Your Whip" by Xu Beihong sold for $8.19 million.
Los Angeles Times Articles
|