Sales of traditional Chinese paintings and old masters notched up firm results at Christie’s autumn sales in Hong Kong, outshining Chinese contemporary art. Christie’s, hit by anemic spring sales due to the financial crisis, had been banking on the current autumn sales in Hong Kong, now the firm’s third biggest arts hub after New York […]
By Mike Collett-WhiteSource – Thomas Reuters LONDON (Reuters) – Rediscovered royal treasures from Russia broke records at a London auction late on Monday, but a separate sale of paintings fell well short of estimates. The Sotheby’s auctions pointed to ongoing uncertainty in a market that has grown virtually from nothing in the last 15 years […]
Source – Associated Press By Lisa Orkin Emmanuel MIAMI BEACH, Fla. — The collectors are back. That’s what Art Basel Miami Beach organizers and galleries are expecting. They say recent auctions and art fairs have indicated that collectors are again acquiring high art and that they are not afraid to reach into their pockets and […]
Wealth advisers renowned for sponsoring art shows to attract clients are starting to use them to attract the attention of individuals from booming emerging markets. UK wealth manager Barclays Wealth has boosted this initiative by announcing a sponsorship deal with two contemporary Indian art exhibitions.Fresh from its sponsorship of tennis tournament the ATP World Tour […]
Source: Emirates Business 24/7 By Keith J Fernandez on Thursday, November 19, 2009 Beginning today, Abu Dhabi welcomes the world’s top artists, curators, art dealers and other garden variety aesthetes to the region’s newest art fair. Abu Dhabi Art, which runs until Sunday, is only the latest plank of the Emirate’s strategy to position itself […]
Experts say the basic premise of art funds in a young market such as India is not very solid New Delhi: With the countdown for the closure of India’s largest art fund having begun, the steep erosion in valuations is causing anxiety to its investors. Osian’s Art Fund (OAF), valued at nearly Rs100 crore, is […]
By: Vinita Bharadwaj, For: thenational.ae Middle Eastern art auctions, such as this one at the Royal Mirage hotel in Dubai last Saturday, have begun to produce notably large sales. Pawan Singh / The National The ballroom in the Royal Mirage resort is full of people and canvases. Hanging on walls in the heart of this […]
By: Angela Shah, For: thenational.ae The untitled painting by Laxman Shreshtha caught my eye. The placid greys of the background contrasted with the reds and oranges in the young girl’s scarf. In profile, she looked a bit wistful, as if she had just realised the loss of innocence required for adult life. And the price […]
Source: americanexchange.com By Michael Stillman A recent unsold auction lot is something of a microcosm of various challenges facing the book trade today. It was a single item, though not an ordinary book. It was a set of Edward Curtis’ The North American Indian, consisting of 20 volumes of photographs and text captured by Curtis […]
