Record Setting $65 Million Chinese Painting Tops Strong Sale in Hong Kong

  • CNN
  • October 01, 2018 15:43
Juin-Octobre 1985" by Zao Wou-ki.

CNN: A painting by the Chinese-French painter Zao Wou-Ki sold for a record 510 million Hong Kong dollars ($65 million) Sunday, leading one of Asia's largest ever art auctions. The artist's abstract work "Juin-Octobre 1985" is now the most expensive painting ever to go under the hammer in Hong ...

Read More


Museum Featuring Westervelt CEO Jack Warner's Collection Will Close, and More Art Sold

  • August 23, 2018 15:07
“Dawn Before Gettysburg” by Edward Hopper (1882-1967)

The Tuscaloosa Museum of Art in Alabama, housing the renowned collection of 17th-20th century American and Asian fine art, furniture and decorative arts formed by the late Westervelt Company CEO Jack Warner, will close on Aug. 31. In a statement the museum noted: "While The Westervelt Company ...

Read More


GQ Investigates the Rise in Chinese Art Thefts Worldwide

  • GQ
  • August 19, 2018 20:53
An 18th century lacquer box that was stolen from the Chinese Pavilion of the Swedish Royal Palace Drottningholm in 2010

GQ sent writer Alex W. Palmer to investigate the sharp increase in Chinese art heists at museums worldwide. In 2010, there was a brazen break-in at the Swedish royal residence, with the state collection at the Chinese Pavilion raided of antiquities on the grounds of Drottningholm Palace. Not ...

Read More


Tariff Plan Could Dampen U.S. Market in Chinese Art

  • Bloomberg
  • August 09, 2018 21:35
Detail of the Taber Family Tianqiuping from the Philbrook Museum of Art that sold at Christie's for $14.5 million.

From Bloomberg: The art world is growing anxious about President Donald Trump’s trade war with China. The administration’s list of $200 billion in goods targeted for duties includes paintings, sculptures, collages, ceramics and historical collectibles, along with antiques older than 100 ...

Read More


Chinese Vase Found in Shoebox Fetches $19 Million at Auction

  • ABC
  • June 13, 2018 18:59
detail

An 18th-century Chinese vase found in a shoebox in an attic in France has sold for 16.2 million euros ($19.1 million) at auction in Paris, reports Reuters. The vase went for more than 20 times the pre-sale low estimate of 500,000 euros, making it the highest price ever for a single item sold by ...

Read More


Museum Sells Chinese Vase from Storage for $14.5 Million

  • Tulsa World
  • May 30, 2018 23:49
detail

A museum in Tulsa, Oklahoma, has sold an exquisite vase -- long tucked away in storage -- for a windfall at auction. The piece was made in the early 1700s at the order of the Chinese emperor Qianlong.  The vase was offered in Christie's Hong Kong spring sales series that fetched a total $399 ...

Read More


Judge Rules for Berkshire Museum Sales of Norman Rockwell, Other Artworks

  • New York Times
  • April 06, 2018 14:33
THOMAS WILMER DEWING, The White Dress.  Oil on canvas.

A Massachusetts judge on Thursday gave the final approval for Berkshire Museum's controversial plan to sell artworks from its collections, including a significant Norman Rockwell painting that the artist gifted to the Pittsfield, Mass., institution.  The decision comes after a seven month ...

Read More


Man Charged With Stealing Terracotta Warrior's Thumb

  • New York Times
  • February 19, 2018 22:28
A terra-cotta horse and warrior from the Franklin Institute’s exhibit.

A Delaware man has been charged with stealing the thumb of a $4.5 million terracotta warrior figure on display at the Franklin Institute in Philadelphia. Michael Rohana was attending a Christmastime ugly sweater party at the museum when he entered the closed-off loan exhibition room, took a ...

Read More


Chinese Vase Sells for 10,000 Times Estimate in Swiss Auction

  • swissinfo
  • September 24, 2017 18:51

Two bidders competed to send a Chinese vase to a record 5 million Swiss francs in Geneva. The pre-sale estimate for the piece was 500 to 800 Swiss francs. "Including the commission, the vase will cost the Asian buyer CHF6.08 million ($6.1 million)," auctioneer Olivier Fichot told the AFP news ...

Read More


From Trump Plates to Chippendale Chairs, A Range of Works in Antiques Week 2017

  • Antiques and the Arts Weekly
  • January 18, 2017 22:40
Justin Rothshank, Donald Trump Tableware Set, 2016 earthenware, glaze, ceramic decals 9" H x 20" W x 6" D.  At Ferrin Contemporary's exhibition Know Justice: Justin and Brooke Rothshank, on view at the NY Ceramics & Glass Fair.

Americana collectors and "best of the best" object seekers will head to events during Antiques Week 2017 underway now in New York City. Antiques and the Arts Weekly (aka "The Bee") has published this guide to the week's events, exhibitions, shows, lectures, auctions and more. (The action ...

Read More


Chinese Authorities Destroy Fake Terracotta Army at Bogus Attraction

  • Xinhua
  • January 17, 2017 20:37
The real terracotta army

A site with 40 copies of the famed terracotta warriors was demolished by Chinese authorities in a raid on Wednesday, according to reports. Tourists were confused, with one posting an online complaint, when they were duped into visiting the underwhelming, copycat attraction in the Lintong ...

Read More


Chinese Company Becomes Major Shareholder in Sotheby's

  • New York Times
  • August 01, 2016 14:33
Chen Dongsheng

China's Taikang Life Insurance disclosed last Wednesday that it had become Sotheby's biggest shareholder, with a 13.52% stake. Taikang is run by Chinese tycoon Chen Dongsheng, who helped found China Guardian Auction Co. Chen is an established power player in the Chinese art market. He modeled ...

Read More


T Magazine Uncovers The Lost Frescoes of Rajasthan

  • T Magazine - New York Times
  • May 09, 2016 13:47
Built in the 1840s, Sone-Chandi ki Dukan in the village of Mahansar is brilliantly painted with scenes from Hindu mythology, including the lives of Rama and Krishna.

In the desert, painted onto once-great — and now, mostly abandoned — houses, is dazzling proof of the Indian state's opulent history. Aatish Taseer writes of this extraordinary past in T Magazine's upcoming May 22 Travel issue:  The pale hard land surrounding Delhi runs west into the ...

Read More


Japanese Dealer Arrested for Offering Stolen Antiquity in New York

  • NY Post
  • March 22, 2016 21:37
"Footprints of Buddha" sculpture

A second-century sculpture called “Footprints of Buddha,” set to be shown in New York by Japanese antiquities dealer Tatsuzo Kaku, was allegedly stolen in 1989, according to authorities. Kaku was arrested on March 14 at the Mark Hotel on East 77th Street for smuggling in the $1.1 million relic, ...

Read More


Gang Members Found Guilty in $79 Million U.K. Museum Thefts

  • BBC
  • February 29, 2016 15:10
Jade artifacts worth about £15m were stolen from Cambridge's Fitzwilliam Museum in April 2012

After a four-year investigation, members of an international organized crime gang have been found guilty in the thefts of artifacts worth up to £57m ($79m). Fourteen men will be sentenced in April for the raids on museums and an auction house in the U.K. Chinese jade and rhino horn were among ...

Read More


Man Goes Missing In Search of Art Dealer's Hidden Treasure

  • Outside
  • February 02, 2016 12:46
View of the Rio Grande from Overlook Park, White Rock, New Mexico

Santa Fe art and antiques dealer Forrest Fenn, 85, wrote a memoir in 2010 with a mysterious poem containing clues about where he hid a $3 million treasure trove. An estimated 65,000 people have gone searching in the Rocky Mountains for Fenn's 12th-century bronze chest supposedly filled with gold ...

Read More


Art Institute of Chicago Receives Its Largest Cash Gift Ever

  • Chicago Tribune
  • January 27, 2016 11:55
Edward Kemeys's lion statue outside the Art Institute of Chicago

Massachusetts collector Dorothy Braude Edinburg, who died in Jan. 2015, has donated $35 million in her will to the Art Insitute of Chicago. The gift is earmarked for new art purchases and the final amount of money is yet to be determined. A supporter of the museum for 25 years, Edinburg ...

Read More


Chinese Vase Soars Ten Times Above Estimate in UK Auction

  • itv
  • December 17, 2015 11:09
A Chinese famille rose vase, Qianlong mark and of the period (1736-1795), sold for 300,000 pounds.

A Chinese famille rose vase provoked a bidding battle at the UK auction house Hansons this week. Described as bearing a Qianlong mark and of the period (1736-1795), the ovoid form vase had six telephone bidders pursuing it for seven minutes. An anonymous UK buyer prevailed, sending the lot with ...

Read More


Collector Files for Federal Court to Decide Honolulu Museum of Art's Provenance Case

  • Pcaific Business News
  • September 13, 2015 22:43
Honolulu Museum of Art

An 80-year-old California art collector facing an $880k lawsuit from the Honolulu Museum of Art has filed for the case to be moved to federal court from 1st Circuit Court. The museum sued Joel Alexander Greene in August over alleged holes in provenance on five Southeast Asian objects he had ...

Read More


Art Dealer Robert Ellsworth Left Waitresses a Hefty Tip

  • NYPost
  • May 11, 2015 23:17
Robert H.  Ellsworth at home

Renowned Asian art dealer and collector Robert "King of Ming" Ellsworth left two of his favorite waitresses massive tips in his will. Ellsworth, who died at 85 last August after a fall, gave $50,000 each to Maureen Donohue-Peters, 53, and her niece Maureen Barrie, 28. The pair served Ellsworth ...

Read More