The buzz at Art Basel

  • "Trois Hommes qui Marchent I" by Alberto Giacometti is offered at $25 million by Landau Fine Art.

    "Trois Hommes qui Marchent I" by Alberto Giacometti is offered at $25 million by Landau Fine Art.

    Bloomberg via Landau Fine Art

A $25 million Giacometti sculpture, “Trois Hommes qui Marchent I,” offered by the Montreal-based dealer Landau Fine Art is one of the classic modern pieces already causing a stir at the 41st Art Basel.

The modern and contemporary art fair in Basel, Switzerland, opened its marketplace to VIPs on June 15.

Bloomberg reports that Louise Bourgeois’s 5-foot-high (1.5 meters) mixed-media work on paper, “A Baudelaire (#7),” will be priced upwards of $650,000 by Brussels-based dealer Xavier Hufkens. The artist passed away in May.

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King Tutankhamun mask at the Egyptian Museum in Cairo.

Beard Glued Back on Damaged King Tut Mask

  • January 22, 2015 21:40

The blue and gold braided beard on the burial mask of famed pharaoh Tutankhamun was hastily glued back on with

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Detail from Lucas Cranach the Elder's 1530 paintings "Adam" and "Eve."

Legal Case Continues Over Contested 'Adam and Eve' Masterpieces

  • January 22, 2015 20:02

The Supreme Court will allow the ownership case of two Nazi-looted Renaissance masterpieces to go to trial in a longstanding battle between the heir of a noted Jewish art dealer and the Norton Simon Museum.

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Looted antiquities on display Wed.  at the National Roman Museum.

$58 Million in Looted Antiquities Discovered by Authorities

  • January 22, 2015 10:43

Warehouses owned by a Basel-based art dealer and his wife have yielded a haul of $58 million worth of looted antiquities, say Italian authorities.

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43 works from the collection of the late Rachel "Bunny" Mellon sold for $158.7 million at Sotheby's in November 2014.

New Buyers Help Drive Auctions to Record Sales

  • January 20, 2015 16:13

Christie’s International PLC said Tuesday it sold $8.4 billion of fine and decorative art last year, up 17% from the year before and a record

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