ARTFIXdaily News Feed - Breaking News from the Art World

Museum Sells Chinese Vase from Storage for $14.5 Million

Tulsa World / May 30th, 2018

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 ...

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

New York Times / April 6th, 2018

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 ...

Man Charged With Stealing Terracotta Warrior's Thumb

New York Times / February 19th, 2018

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 ...

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

swissinfo / September 24th, 2017

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 ...

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

Antiques and the Arts Weekly / January 18th, 2017

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 ...

Chinese Authorities Destroy Fake Terracotta Army at Bogus Attraction

Xinhua / January 17th, 2017

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 ...

Chinese Company Becomes Major Shareholder in Sotheby's

New York Times / August 1st, 2016

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 ...

T Magazine Uncovers The Lost Frescoes of Rajasthan

T Magazine - New York Times / May 9th, 2016

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 ...

Japanese Dealer Arrested for Offering Stolen Antiquity in New York

NY Post / March 22nd, 2016

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 ...

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

BBC / February 29th, 2016

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 ...

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

Outside / February 2nd, 2016

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 ...

Art Institute of Chicago Receives Its Largest Cash Gift Ever

Chicago Tribune / January 27th, 2016

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 ...

Chinese Vase Soars Ten Times Above Estimate in UK Auction

itv / December 17th, 2015

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 ...

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

Pcaific Business News / September 13th, 2015

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 ...

Art Dealer Robert Ellsworth Left Waitresses a Hefty Tip

NYPost / May 11th, 2015

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 ...

NYC Prosecutors Seek Custody of $100M in Artifacts

Telegraph / April 16th, 2015

New York City prpsecutors are asking a judge for custody of a trove of 2,622 Hindu and Buddhist treasures plundered from South Asia and seized by U.S. authorities. New York storage facilities were raided from 2012 to 2014 to recover the relics as part of the investigation of art dealer Subhash ...

'Chicken Cup' Buyer Sends Tibetan Thangka to Auction Record

Bloomberg / November 27th, 2014

Chinese billionaire Liu Yiqian dropped HK$348 million ($45 million) on a 15th-century Tibetan tapestry at a Christie’s auction in Hong Kong on Wed. The price surpassed the HK$214 million he paid last spring for a Chengua-era ceramic cup -- a piece called the Chicken Cup in reference to its ...

Family Feud Sends Masterpieces Missing from C.C. Wang Collection of Chinese Art

New York Times / October 19th, 2014

One of the most important collections of Chinese art ever assembled has been the center of a long-running legal battle between family members. Now some of the most historically-significant pieces from the estate of C.C. Wang are missing.

Architect Jean Nouvel Reveals Big Plans for National Art Museum of China

ArtfixDaily / September 22nd, 2014

Spanning 1,399,308 square feet, more than double the size of the Louvre, a new National Art Museum of China (NAMOC) has been conceived by French architect Jean Nouvel.

Detroit Hit With a $4 Billion Proposal for City's Art

New York Times / August 27th, 2014

New York-based Art Capital has offered Detroit a loan of up to $4 billion in a new proposal that leaves the city's museum intact with its art used as collateral.