ARTFIXdaily News Feed - Breaking News from the Art World

Arrest in $65 million Graff jewelry heist

AP / August 13th, 2009

LONDON - Police said Wednesday they have arrested a suspect in connection with a daring daytime heist that netted $65 million worth of jewelry from a prominent London diamond merchant last week.

German cult sausage gets own museum

Reuters / August 13th, 2009

BERLIN (Reuters Life!) - In the year that Berlin's best loved sausage, the Currywurst, celebrates its 60th Birthday a new museum showcasing the cult snack will open in the capital this weekend.  

Billionaire Eli Broad speaks about his plans for a new museum

LA Times Arts / August 13th, 2009

Even though Eli Broad lost $1.5 billion of his fortune in 6 months when AIG stock plummeted, he is still a multibillionaire with a heart for art. His museum plans are rolling out. 'Our first choice is the Beverly Hills site,' he says, but 'there are a lot of issues that we are working on.' ...

"Iran Inside Out" Shocks and Provokes at the Chelsea Art Museum

Huffington Post / August 13th, 2009

Iran Inside Out offers a veritable platter of provocative work that begs for discussion, debate and perhaps most importantly, an open mind.

New book reveals how 'genuine fakes' fooled art world

Christian Science Monitor / August 13th, 2009

Provenance: How a Con Man and a Forger Rewrote the History of Modern Art details the sordid tale of the stealthy U.K. duo who unleashed about 200 fake paintings, with plausible provenances, into the art market. To date, only 73 of these forgeries have been revealed...

Museum patrons see their gala gift bags shrink

Bloomberg / August 13th, 2009

Guests at the Parrish Art Museum’s 2005 summer gala received a limited-edition bag from Coach Inc. This year, Kelsey Grammer, Joel Grey and some 500 other attendees got a nylon bag, a journal and a cookbook.

Twilight time for Canadian Auctioneer: Ritchies Doors Closed

Artinfo / August 12th, 2009

A sign posted at the trouble-plagued auction house says it's on summer vacation until next week. Two weeks ago, Ritchies laid off its entire staff of 25...

Christie’s Offers $5.7 Million More of Yves Saint Laurent's Stuff

Bloomberg / August 12th, 2009

Following a record-breaking, 342.5 million euro auction last February, a second group of artworks from the collection of the late fashion designer Yves Saint Laurent and his auction-house-owning partner Pierre Berge is expected to fetch up to 4 million euros ($5.7 million) when it appears for ...

Dirty Dark Ages Freshen Up in Paris Exhibit on Bathing

Bloomberg / August 12th, 2009

In the Middle Ages, most people got married in June because they took their yearly bath in May and still smelled reasonably good at the wedding. Or so the old story goes. “The Bath and the Mirror,” an exhibition at the Musee de Cluny in Paris, strives to debunk the myth of the filthy Dark ...

N.Y. lawmakers may curtail museum de-accessions

Luxist / August 12th, 2009

Endowments are losing money, which means art museums have less to pay their staff and run their galleries. The solution? Well, they can fire some of their staff, or they can sell off some of their art. In the wake of the National Academy of Design Museum's controversial sale of Hudson River ...

Gem expert Campbell Bridges killed by Kenyan mob

London Times / August 12th, 2009

A renowned Scottish gem expert has been murdered in Kenya by a mob wielding knives, clubs, spears and bows and arrows. Campbell Bridges was known for introducing Tsavorite and Tanzanite, a gem that is one thousand times rarer than diamonds, to the marketplace...

Mona Lisa mugged

Guardian / August 11th, 2009

Leonardo's painting has been attacked with a teacup – is it time for the Louvre to change how it displays its most valuable art?    

L.A.'s Autry Center scraps $175-million expansion plan

LA Times Arts / August 11th, 2009

City approval hinged on Southwest Museum agreement...  

Viennese Culture on the Skids

New York Observer / August 11th, 2009

"Focus: Oksar Kokoschka” at the Neue Galerie comes right on time. The Viennese Expressionist, who died in 1980 at the age of 94, was one of the shattered visionaries of early-20th-century Modernism—a man on the edge....  

Armed gang escapes with £40 million in 'biggest UK jewellery heist'

London Times / August 11th, 2009

(LONDON) An armed gang took a woman hostage as they stole £40 million worth of rings, necklaces and bracelets from Graff's jewellers on Bond Street in what is thought to be Britain’s biggest jewellery robbery.

Museum of Modern Art’s Director Took a $630,000 Pay Cut

Bloomberg / August 10th, 2009

Glenn D. Lowry earned $1.32 million in pay and benefits running New York’s Museum of Modern Art in the year ending in June, down from $1.95 million the year before...

Steal a Classic Ferrari & More at Monterey Sale

Luxist / August 10th, 2009

On August 13th - 15th Russo & Steele will stage their Monterey Sports & Muscle sale in California, offering some incredible deals on classic Ferraris and more. On the high end is this 1967 Ferrari 275 GTB/4, with an estimate of $1 million – $1.1 million...

$14 Million Rolls-Royce on Offer in Museum Sale Could Be World's Most Expensive Car

Luxist / August 10th, 2009

The one-of-a-kind 1934 Rolls-Royce Phantom II, known as the "Star of India", is being sold off by famed Rolls-Royce collector Hans-Günther Zach, who's liquidating his private museum dedicated to the marque in Germany...

Annie Leibovitz’s Epic N.Y. Renovations Spurred Lawsuit, Debt

Bloomberg / August 10th, 2009

The former owners of two 19th century homes in Manhattan’s Greenwich Village said they regret selling them in 2002 to photographer Annie Leibovitz, who is now in danger of losing the properties in a $24 million lawsuit.

Warhol's portrait of Michael Jackson goes on show pre-sale

Reuters / August 7th, 2009

LONDON (Reuters) - A portrait of the late King of Pop, Michael Jackson, by the King of Pop Art, Andy Warhol, went on show in London on Thursday for three days in the lead-up to an auction in New York of the 1984 painting.